It's official: Microsoft will take a US$240 million equity stake in Facebook during its next round of financing, valuing the company at a whopping US$15 billion.
The privacy of those who shun social networking is still at risk from such sites -- from family and friends who indulge in the popular information sharing pastime, according to advice issued by the Privacy Commissioner's Office.
The new Australian chief executive of Friendster has outlined plans to generate revenue for the struggling social networking site through advertising and by introducing a form of digital currency for users to trade.
Maybe Facebook co-founder Mark Zuckerberg should have listened to Flickr's community manager before he was forced to make a back flip over Facebook's copyright and terms of service last week.
New numbers from metrics firm ComScore show that in May, Facebook appears to have surpassed MySpace in worldwide unique visitors for the first time.
Melbourne-based online art retailer RedBubble is close to becoming cash-flow positive, according to the start-up's co-founder Martin Hosking.
Australian news aggregator Plugger.com.au will re-brand as 'Wotnews.com.au' following a licensing and investment deal with high-profile Wotif.com founder and local multi-millionaire Graeme Wood.
Three new Australian technology start-ups, uTag, TrafficHawk.com.au and LinkViz, were conceived and launched over the weekend in a lightning initiative dubbed "Startup Camp Sydney".
Melbourne-based Web start-up 2Vouch yesterday launched the first public beta of what it dubs its "social recruiting platform".
Finally, after months of the Clintons posting Sopranos-style satires and Obama Girl grabbing the headlines during the American presidential race, Australian politicians have switched on to the power of the Internet.
The key for organisations wanting to learn how to best utilise Twitter lies in understanding the subtle differences between it and other social networking tools.
While they present a wonderful opportunity to meet people with similar interests, sites like MySpace, Facebook, and even LinkedIn can also cause trouble.
Is the art of blogging dying a natural death? Venture capitalist David Hornik warns that the blogging world is getting caught in its own trap.
Since lifting its university-only restrictions in September 2006, Facebook has become the poster child for social networks and attracted more than 65 million users. But will it survive 'the next big thing'?
What will 2009 hold for Australia's ICT industry? We asked dozens of local leaders for their predictions; and this is what they came up with.
Apple iLife '09 is a great application suite for simple media organising and editing, and the addition of features like face recognition, geotagging and music lessons makes it worth the update.
Ben Forta: All about Adobe
Take one ColdFusion veteran and mix in a healthy dose of prolific book writing, and chances are you will end u… Watch it now
Google CEO Eric Schmidt
Google's chief sits down for an extremely rare, wide-ranging interview and discusses Google's two operating sy… Watch it now
Telstra shareholders fear break up
What do Telstra shareholders think of the telco's new CEO David Thodey? And would they support the government'… Watch it now
Having problems with complex data center? Simplify your data center now.
Can not-so-smart meters help the NBN?
Can the Telco Reform Act be win-win?
Has New Zealand's smiling assassin delivered?
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