social-networking

Renren posts small Q2 profit; Q3 view drags down stock (Reuters)

Reuters – Chinese social networking site Renren Inc posted a small quarterly profit as online advertisement segment rose, but forecast third-quarter revenue largely below market expectations, sending its shares down 8 percent in aftermarket trade.

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Renren posts small Q2 profit; Q3 view drags down stock
(Reuters)

social-networking

Apple to Launch Cheaper iCloud-Based iPhone? [RUMOR] (Mashable)

Mashable – Another day, another iPhone 5 rumor?

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Apple to Launch Cheaper iCloud-Based iPhone? [RUMOR]
(Mashable)

social-networking

Google+ acquires recently shuttered social groups startup Fridge (Appolicious)

Appolicious – It turns out the new social networking service on the block is about to get even cooler than the neighborhood lemonade stand. Following its shutdown on Tuesday night, group messaging online platform Fridge has announced that it was acquired by Google+ for an undisclosed sum in a deal that closed late Wednesday night.

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Google+ acquires recently shuttered social groups startup Fridge
(Appolicious)

social-networking

Customers angry, staff defiant at China’s fake Apple Store (Reuters)

Reuters – Customers at an apparent Apple Store in the Chinese city of Kunming berated staff and demanded refunds on Friday after the shop was revealed to be an elaborate fake, sparking a media and Internet frenzy.

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Customers angry, staff defiant at China’s fake Apple Store
(Reuters)

social-networking

Spanish piracy law draws U.S. investments: minister (Reuters)

Reuters – Major U.S. and Spanish companies are preparing to invest in online music and movie services in Spain once a controversial new law to fight piracy takes effect next month, the country’s culture minister said.

Excerpt from: 
Spanish piracy law draws U.S. investments: minister
(Reuters)

social-networking

Investors toast Google results, shares surge (Reuters)

Reuters – Shares of Google Inc surged as much as 13.5 percent on Friday, a day after blockbuster results and signs of success in mobile and social networking revived hopes the Internet titan was getting back on a growth track.

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Investors toast Google results, shares surge
(Reuters)

social-networking

U.S. Senator Critical of Rumored Facebook-Baidu Tie-up (PC World)

PC World – The possibility of Facebook entering China has started to draw political scrutiny, with U.S. senator Dick Durbin questioning whether a rumored tie-up between the U.S

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U.S. Senator Critical of Rumored Facebook-Baidu Tie-up
(PC World)

social-networking

California’s Do Not Track Law Takes a Step Forward (PC World)

PC World – California is a step closer to getting the first Do Not Track legislation in the U.S., aimed at protecting Internet users from invasive advertising.

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California’s Do Not Track Law Takes a Step Forward
(PC World)