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Mark Zuckerberg's grand missive: The translation

Facebook CEO Mark Zuckerberg put out an "open letter" to the site's massive membership on Tuesday, explaining the site's revised privacy controls that are finally going into effect after being announced this summer, and additionally announcing the milestone that the site has reached 350 million active users around the world.

But CEOs are notoriously deft with spin, and Zuckerberg is a clever fellow. So, luckily, CNET has translated his entire letter for you! In italics are Zuckerberg's words. Below are the ones we found to be an appropriate substitution after extensive research, experimentation, and a … Read more

At last, Google has some parasites

Some, perhaps including Rupert Murdoch, might find this story uplifting.

While there has been much recent bellowing, whining, and general cat-on-heat griping about Google making money from the fine work of others, now I can report that some are finding ways to make money piggybacking on the broad spine of Google's engineering.

Two enterprising entities, different in their form but united in their purpose, have attempted to use Google's Street View as a medium for their own commercial messages.

First, there was car rental company AutoShare, the Canadian equivalent Zipcar in the U.S. You know, the folks … Read more

Twitter needs a pretty face to beat Facebook

Twitter and Facebook are duking it out to own the future of the social Web, though users won't have noticed. Indeed, for those who use both, this may come as a surprise, since the two, while both social media platforms, seem to serve very different purposes.

Tell that to Twitter and Facebook, which increasingly have painted big bull's-eyes on each other.

They probably should spend more time painting their home pages. While the two Silicon Valley companies have opted to skirmish in the hinterlands of APIs and data feeds, the war will almost certainly be won somewhere else: … Read more

IKEA's brilliant Facebook campaign

The Swedish town of Malmo is a wonderful place.

Some feel it is wonderful because it is the spiritual home of a band that was once cool, the Cardigans.

But now all committed social networkers will think Malmo is wonderful because of its IKEA. You see, the Swedish purveyor of fast-food furniture decided to open a new store in Malmo and didn't really have a lot of money to let people know about it.

So it engaged a rather outre advertising agency called Forsman and Bodenfors to create a rather special launch campaign.

The agency created a Facebook profile … Read more

Facebook changes stock structure: IPO on the way?

Facebook is changing the structure of its company stock to a dual-class system, a move that hints the company may be looking toward an initial public offering--even though it says it has no plans to do so yet.

Here's how it works. Existing Facebook shareholders currently have Class A stock. That'll be converted to Class B stock, which has 10 times the voting power of Class A. Should those shareholders sell their stock when Facebook goes public, they'll be converted back into Class A stock--otherwise, they'll stay the way they are.

The story was first reported by The Wall Street Journal, … Read more

Start-up Asana promises workplace nirvana

After contributing to the destruction of productivity at work by helping Facebook through its early days, Dustin Moskovitz and Justin Rosenstein are launching a new service aimed to make people and businesses productive once again. The company, Asana, announced details today on its funding. However, details on the service itself are still vague.

Here's what we know: The company just raised a $9 million venture round lead by Benchmark Capital with additional funding from Andreessen Horowitz. Marc Andreessen is an advisor and will not be on the board. Benchmark's Matt Cohler, formerly at Facebook himself, will be.

The … Read more

Millions using social media on Xbox Live

Microsoft on Monday said that millions of Xbox Live members have used the new social-media features that the company pushed live a week ago.

In June, Microsoft announced it would begin offering Xbox Live users access to Facebook, Twitter, and Last.fm. And while the manifestation of each of those services is scaled down on Xbox Live, the rollout has been one of the company's big pushes this fall for its hugely popular online system.

According to Microsoft spokesman David Dennis, the first-week figures show that at least 2 million Xbox Live users have logged into Facebook, and that … Read more

Police arrest exec for not using Twitter

No, this isn't The Onion.

But just look at that headline and wonder how it could possibly be true.

Well, according to Newsday, Canadian teen sensation Justin Bieber was due to conduct an album signing at the Roosevelt Field mall in Garden City, N.Y.

It seems that thousands of teenage girls turned up to mob the wondrous teen hope, a happening perhaps so frightening that Bieber did not turn up.

The Nassau County police became rather concerned that the crowd might break the glass in store windows with its shrieking. (The official word seems to have been "… Read more

Buzz Out Loud Podcast 1112: Rupert Murdoch battles infinity

Microsoft is apparently willing to pay Rupert Murdoch to block Google from indexing any of his company's Web sites. Are we headed toward a world where the search engine you use determines what news you get? Probably not. We explain why Murdoch may be thinking in an old fashioned limited way rather than in the current infinite Internet way. We also declare the patent office baroque, and ask it to lose weight.

Subscribe with iTunes (audio) Subscribe with iTunes (video) Subscribe with RSS (audio) Subscribe with RSS (video) EPISODE 1,112

Microsoft offers to pay News Corp. to “de-list” … Read more