After turning down a $500 million buyout offer from Facebook earlier this year, rumors have been flying about Apple, Microsoft, and Google acquisitions of popular microblogging social network Twitter. Co-found Biz Stone goes public on the topic, squashing those rumors with an appearance on ABC’s “The View.”
“We’re just getting started as I’ve said. The company is two years old, we have so much to do, so much product stuff to fix, and so much growing to do.”
Nielsen Online reports that Twitter received over 7 million unique visitors in February of this year, compared to 475,000 one year earlier.
Source: Twitter co-founder says company not for sale
Almost a year after stating the intention, Digg follows through with implementing Facebook Connect, which allows Facebook users to skip the registration process and log into partner websites (such as Digg) with their Facebook ID, relying on their trust in Facebook’s authentication. One benefit for partner sites is in allowing users to quickly interact with their site and share branded content back to Facebook friends. Partner sites can also reference information from a user’s Facebook profile to tailor content specifically for that user based on criteria such as location, interests, etc.
nGenera, developers of Collaborative Enterprise Management (CEM) software, announced that it has secured $10 million in a Series C round of funding, with Foundation Capital and Oak Investment Partners as participants. nGenera’s goal with this new financing is to increase product development and expand sales.
According to “Collaboration and Web 2.0 Technology Adoption, Q4 2008,” a Forrester Research report, over 60% of surveyed firms plan on implementing or upgrading their collaboration software with the next 12 months. Supporting this conclusion is further research, “The State of Real-Time Collaboration” in 2009 which states that seven out of ten firms surveyed plan to invest in enterprise collaboration solutions in 2009.
Source: nGenera Corporation Secures Series C Funding Round
