Your Money: Trashing your ex on Facebook may cost you
(Reuters) - The old maxim goes: If you can't say anything nice, don't say anything at all. For divorcing spouses, that may actually constitute legal advice in these days where Internet and social...
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Stealth-Mode DC Lobby Group Internet Association (Google, Amazon, FB, eBay) Names CEO
A sign, if you needed one, of how big tech companies have become, how central they would like to be in the world of policymaking -- and how they may be getting nervous about heavier regulation down the line: a new lobbying group is being formed called The Internet Association, with charter members reportedly including Google, Amazon, eBay and Facebook. The group, due to launch formally in September, has made very little noise up to now, but today it announced the appointment of a president and CEO -- Washington insider Michael Beckerman -- to lead it in a more public effort. The news comes in the same week that it was revealed that Google's budget for lobbying went up by 90 percent in the last quarter to nearly $4 million (on par with large telcos like Verizon), while Facebook's went up by 200 percent to $960,000, according to Reuters.
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Feds Seize Assets From Mt. Gox's Dwolla Acount, Accuse It Of Violating Money Transfer Regulations
Bitcoin exchange service Mt. Gox is experiencing some issues with U.S. authorities. The Department of Homeland Security issued a seizure warrant to Dwolla for the money in Mt. Gox’s Dwolla account. Mt. Gox users can’t use Dwolla as a funding option anymore even though it was one of the most popular options. The Japanese startup failed to register in the U.S. as a money transmitting company — president and CEO Mark Karpeles now faces up to five years in prison. Dwolla had no choice but to proceed with the request. IDG News obtained a copy of the warrant through the U.S. Immigration and Customs Enforcement (ICE), the investigation team of the Department of Homeland Security. In order to accept funds in dollars, Mt. Gox opened a Wells Fargo business account for Mutum Sigillum LLC (Mt. Gox’s American subsidiary). The company had to complete a document that states whether it provides money services or not. The warrant reads: “That document was completed on May 20, 2011, and identified ...
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How Facebook’s Graph Search Just Replaced A Major Chunk Of Google
Facebook just took a big bite out of Google. Today, the social network announced Graph Search, a new feature that lets you search the interests, location, and preferences of your friends. For anyone who uses the Internet to search restaurant recommendations, travel advice, books to read on vacation, or which political candidates to vote for, Facebook may have replaced Google as the best search engine. Birds of a feather flock together, and only Facebook can let you know about all the cool things your friends experience that'd you'd also like to know about.
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Dear Facebook, It Could Really Be This Simple
“The one positive thing that this week has so far thrown light on is that there is a widespread recognition that things cannot stay the same.” — Keith Teare Oh ye of little faith: For the many of us who BELIEVE in Consumer Internet, it’s so painful to watch the Facebook/Groupon/Zynga stock trainwreck continue, with Facebook shares slipping to below $20.00 today, the lowest they’ve ever been. Shares slipped so much this afternoon that even our head-over-heels-in-love with-Facebook guy offered the former startup some monetization advice earlier, and if I were Facebook I would take it. The concerns about Facebook’s viability as a company have been hashed and rehashed by people barely if at all qualified to do so. At this point, we underqualified tech writers know them by heart: It basically boils down to mobile insecurity, a 1/58 price-to-earnings ratio and whatever “I don’t trust Zuck” means, which makes old fogies my parents conservative investors nervous. But, the moment ...
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