Kaixin001, the latest newcomer to the Facebook clone wars in China, is China’s fastest growing social network having amassed a staggering 7.5 million users in the first 5 months since it launched in May 2008. The site tripled Twitter’s traffic reach in the month of September alone and is currently the 250th most popular site on Alexa worldwide. Compared with rival incumbent Xiaonei, which targets college students, Kaixin001 appeals to white-collar office workers with a simpler UI that is more intuitive to older audiences. This is a significant detail in China, where one in four college students does not own a computer and can only access Xiaonei by walking to an Internet Cafe and paying by the minute. Full story...
New York-based hedge fund Elliott Associates L.P. in a letter to Novell's board of directors dated March 2 offered to purchase the infrastructure software company for a cash price of $5.
When I came to the U.S. in 1980, I was young and naïve. I used to think that corruption and ethical lapses were just a third-world ill.
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During my recent trip to India, I flew down to Bangalore for one reason: To meet N.R. Narayana Murthy.
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Back in January, Google announced that it would follow Mozilla's lead and start offering cash bounties for bugs found in the code of Chromium (the open-source browser behind Chrome), or Chrome by the community.
Banks, cable companies, and utilities all want to get rid of their paper bills and get customers on their electronic billing systems.
Editor's note: This post was written by Joe Stump, the co-founder of SimpleGeo, a geolocation infrastructure company.