New York -- AOL, Inc. in its quest to compete with industry rivals, attempts to revitalize its emerging marketing unit, and over the weekend the company succeeded in appointing industry expert Erika Nardini, to assume the new position of vice president, head of marketing solutions for AOL Advertising.
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New York - Relentlessly striving to popularize itself in the social sphere, emerging social bookmarking giant Pinterest has quietly kicked off 2013 with an acquisition of its own, its first in fact, by scooping up a tasty recipe aggregator Punchfork, the startup announced Thursday.
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Los Angeles - With the new year, comes new strategy to keep the humongous audience glued to the social media network Facebook as it continues to fine-tune has just announced a spiffy new feature. Both (iOS/Android) users will be seeing an update for their Facebook Messenger app that would allow users to send voice messages for the first time, and they are testing VoIP calling.
Los Angeles -- In its battle to cut costs, social games publisher Zynga Inc confirmed on Monday that it has finally instituted its cost-reduction plan that the company talked about back in November in the wake of its fast falling share price. The drastic plan involved bidding goodbye to PetVille, FishFille, Mafia Wars 2, and a slew of other games from the folks at Zynga. The video game studio has reluctantly pulled the plug on 11 of its gaming titles, as detailed by blog site TechCrunch.
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New York -- It is almost a rule of thumb for any new startup looking to make its bones in the real world--being sued for stealing the idea... A New Jersey man alleges that ideas he conceived for a site called RendezVoo wrongly wound up as integral parts of the wildly flourishing site Pinterest, according to a report.
The lawsuit against Pinterest was lodged in New York City on behalf of Theodore F. Schroeder, of Ocean City, N.J., alleging “misappropriation, unjust enrichment, and breach of fiduciary duty” stating that both Pinterest itself and one of its early investors, Brian S. Cohen. The lawsuit further alleges that the investor nicked his ideas -- including the concept of boards -- and handed them to the now hugely popular Web site.
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Sunnyvale, California -- Strictly abiding by its commitment as planned in October, internet pioneer, Yahoo, after 15 years, completed its exit from South Korean market before the end of the year, according to a brief report by the Yonhap News Agency.