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Are Massive HP Layoffs the Flip Side of the “Facebook Economy”?

By Antone Gonsalves / May 18, 2012 1:30 PM / Comments »

If Facebook’s massive IPO represents the wealth created by the rise of social networking, mobile computing and the consumerization of IT, these tectonic shifts hold dramatic challenges to old-line technology companies built on yesterday’s revolutions. So even as Facebook mints a crowd of new millionaires and billionaires, Hewlett-Packard is preparing to send pink slips to some 30,000 of its employees.

Weekly Wrap-up: Google's Knowledge Graph, SlideShark's Presentation App and More

By Robyn Tippins / May 19, 2012 11:00 AM / Comments »
Weekly Wrap UpGoogle unveiled the Knowledge Graph. SlideShark makes giving presentations via your iPad easy peasy. Learn more about these stories and many more in the ReadWriteWeb Weekly Wrap-up. After the jump you'll find more of this week's top news stories on some of the key topics that are shaping the Web - Location, App Stores and Real-Time Web - plus highlights from some of our six channels. Read on for more.

Oracle Versus Google: The Database Kingpin Gets Desperate

By Dan Rowinski / May 18, 2012 7:20 PM / Comments »

Oracle’s lawsuit against Google over alleged infringement of Java slipped from epic battle to soap opera this week: The relationships between the judge, jury, plaintiff and defendant have become a tangle of legal ambiguity and financial suffering — or is it avarice? The jury deferred to the judge on the extent of Oracle’s intellectual property protections. The judge, in turn, wrested from the jury control over the lion’s share of damages, yanking Oracle’s prize another few inches out of reach. With major issues still to be decided, it is becoming clear that Judge William Alsup holds the high cards - and that he has the tech smarts to play them intelligently and mercilessly.

When Words Fail, Text an Animated GIF

By Jon Mitchell / May 18, 2012 4:00 PM / Comments »

Think emojis are fun? Now you can send messages that move. A new iPhone app called MyFaceWhen makes it fast and easy to record and send video in the form of animated GIFs attached to text messages. 

Facebook Beefs Up Its Mobile Arsenal With Karma, a Social Gifting App

By John Paul Titlow / May 18, 2012 3:27 PM / Comments »

Facebook became a publicly traded company a few hours ago, but it's not wasting any time making new moves. The social networking giant acquired Karma, a mobile app for finding and sending gifts to one's friends and family. By buying the social gifting app, Facebook pushes further into the mobile space it so desperately hopes to conquer. 

How I Bought Facebook Stock and Why I'm Keeping It

By Dave Copeland / May 18, 2012 3:02 PM / Comments »

What to do with that $500 cash balance burning a hole in my IRA?

Buy Facebook. It ended up being so much easier than they said it would be.

Will Crowdfunding Crowd Out Venture Capital?

By Tim Devaney and Tom Stein / May 18, 2012 3:00 PM / Comments »

Venture capitalists have been getting a black eye to go with their blue shirts. A recent report from the Kauffman Foundation slammed VCs for “shortchanging” investors, pointing out that public markets deliver better returns. The next day, Fred Wilson, general partner at Union Square Ventures and prominent VC blogger, suggested that a flood of crowdfunding money unleashed by the JOBS Act could sweep away venture capitalists altogether.

It could happen.

The Fastest Online Payment Processor? It's Google

By David Strom / May 18, 2012 2:00 PM / Comments »

If you are thinking about changing your online payment provider, you should take a moment to look at an interesting infographic from application performance management company New Relic. Turns out the most popular provider, PayPal, isn't even close to being the fastest processor. That distinction goes to Google Checkout. PayPal has the market share, but if performance is the critical metric for your company, you might want to consider the alternatives.

 

Mobile Marketing Set to Create Havoc and Opportunities

By Dan Rowinski / May 18, 2012 12:32 PM / Comments »

Procter & Gamble should be kicking itself for not developing a mobile operating system when it had the chance: More people worldwide own mobile phones than toothbrushes. Get ready for a tsunami of mobile marketing and commerce to crash on the shores of retail.

7 Ways to Motivate Your Startup Team — Without Giving Away Equity

By Rieva Lesonsky / May 18, 2012 10:30 AM / Comments »

Startup entrepreneurs live, eat and breathe their companies. Catching a quick catnap under your desk counts as a good night's sleep. But how do you get the same level of commitment from mere employees?

Typically, the answer has been to award them significant chunks of the company in the form of stock and options. It’s not just greed. Sharing equity in your business early on can lead to complex problems as your company grows. Luckily, there are ways to motivate workers without giving away the store.

The Only Facebook Number That Matters: $104.2 Billion

By Dave Copeland / May 18, 2012 10:30 AM / Comments »

Facebook became a $104.2 billion company Friday in much the same way it became the world’s biggest social network and a cultural game-changer: by stubbornly forging ahead despite criticism and calls that it couldn’t be done.

Read/Write Daily: Drones Over America?

By Jon Mitchell / May 18, 2012 10:00 AM / Comments »

Today's theme is the funny-looking future. Humans have been dreaming of the era of air and space flight for a long time. But now that we're here, it turns out the future isn't always as romantic as we expected it to be.

Look at how ugly some of our best inventions are.

Facebook's 4 Biggest Risks

By Dan Frommer / May 18, 2012 9:50 AM / Comments »

Facebook, whose stock is trading on public markets for the first time today, has had an incredible rise - from zero to 900 million users in just over eight years. In the fast-changing technology world, though, today's Facebook can quickly become tomorrow's MySpace. Make no mistake: Everyone's favorite social network faces substantial risks. Here are a few.

How Facebook's Mobile Strategy Might Create Future Revenue Streams

By Dan Rowinski / May 18, 2012 9:29 AM / Comments »

Large companies often have trouble breaking into new revenue-generating vertical markets. As Facebook barrels into its much-anticipated initial public offering today, the question for investors and analysts will be: How does Facebook start making money from its huge mobile presence? While it may seem like Facebook has completely dropped the ball on mobile monetization, there is plenty of time and avenues for the social behemoth to make money from its mobile eyeballs.

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