Just after 7 a.m. this morning on its first day of trading, LinkedIn's stocked soared up $47 to 92.99 dollars a share. Currently it is around $90 a share up 45 points. I've spent the bulk of the morning on the phone with reporters and radio hosts explaining why the the success of LinkedIn's IPO is not surprising, and here is why.
Facebook has admitted hiring a PR firm to seed anti-Google news, in an attempt to raise alarm over the search giant's policies toward user privacy. The social network - and public relations firm Burson-Marsteller - confirmed to The Daily Beast that it had offered journalists assistance in writing critical newspaper articles about Google invading privacy.
If you frequently comment on tech sites such as ours you'll notice that many employ the Disqus commenting platform. It helps us serve, track, and manage our commenting system while connecting us with a large community of Disqus users. After recently raising $10 million in venture funding, the company launched today a new @ mentioning feature.
The reports of Osama bin Laden's death may be ubiquitous now, but the story inadvertently broke - and played out amid the firefight - on Twitter first. Abbottabad resident Sohaib Athar noted a "Helicopter hovering above Abbottabad at 1AM (is a rare event)" and then "A huge window shaking bang here in Abbottabad Cantt. I hope its not the start of something nasty :-S" without realizing he was giving an on-the-ground insight into what the US government has described as a 40-minute "surgical raid".
Google has been stepping up their social strategy big time despite little success with the deployment of various features including a discussions system in Google Docs, social features in Google Maps, the Google +1 search recommendation feature, and even a Google Me social platform to rival that of Facebook. And now with new CEO Larry Page on board, a memo has been sent out to employees that puts the social success burden on salary bonuses.
These babies know more about internet than you ever will. Listen, er, read the subtitles of their wise words and learn about the glory that is +1. It's just that simple. You have to listen to them because they're babies on the internet. They do a better job of explaining and entertaining than a posse of a million. Enjoy.
Google has launched a sharing button of its own, competing for space with Facebook's "Like" button and the Twitter "Tweet" button. Google +1 takes advantage of the search engine's huge user base, flagging up the recommendations of your friends and contacts directly on the search results page; as long as you're signed in, you'll see positive feedback on the results your friends approve of.
Video demo after the cut
I found out that my sister broke up with her last boyfriend because Facebook told me. Not a Facebook friend, the Web site itself. She had linked to him as her "relationship," so when you went to her profile page, it said that she was "in a relationship with . . . " that guy. Then they broke up. Being children of a digital age, they decided to tell Facebook before they told actual humans. They both changed their relationship status to "single," and Facebook sent out a message to all of their friends. The message said they were "no longer in a relationship." Facebook is a bit too smart for its own good. It saw their relationship status change and put two and two together. Or rather, it subtracted from two, and came up with zero.
By now, we're all used to targeted ads. Whether you're getting daily Groupons in your inbox or if you're one of the 600 million who regularly browse Facebook, you've seen a targeted ad. Until now, these advertisers have been aggregating your data, grouping you and targeting ads to you based on these groupings. Facebook has been testing a new service that alters the method by which ads are chosen. Traditional targeted ads are based on aggregated data. Facebook has begun serving ads to a small subset of their users based on real-time data mining.