Archive for August 2nd, 2008

In the high school cafeteria of Facebook apps, Scrabulous is like that girl who gets in trouble for showing too much skin, only to throw on a hoodie and be let back into the principal’s good graces. Sort of. The game has effectively returned, but with a redesigned board, …

Source [The social]

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It’s no Facebook, but social site MyYearbook can still play with the popular kids: the site has announced $13 million in Series B venture funding. The round was led by Norwest Venture Partners with existing investors US Venture Partners and First Round Capital chipping in as well. Norwest’s …

Source [The social]

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When Scrabulous, a popular game on Facebook’s developer platform, was shut down earlier on Tuesday because of copyright infringement issues with the manufacturer of the Scrabble board game, word game fans weren’t completely left in the dark. After all, Electronic Arts (which handles the digital rights to Scrabble

Source [The social]

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Just because a “friend” sends you something on Facebook or MySpace doesn’t mean you should trust it.

A new worm is spreading via Facebook and MySpace, turning victims’ computers into zombies on a botnet, Kaspersky Lab said on Friday.

Basically, infected machines are propagating the worm by sending messages via the social networks to friends in the network.

The messages look like they contain links to video clips. When clicked on they prompt the recipient to download an executable file that purports to be the latest version of Flash Player. Instead, it is the worm itself, infecting yet another victim.

When infected machines log onto the social networks the next time their computers automatically send the malicious messages out to new victims grabbed from the friend list, stated Ryan Naraine, security evangelist at Kaspersky.

“We’ve seen these types of worms before, typically around MySpace,” he said. “People are more trusting of things they receive from a friend,” and many people don’t recognize that what they are downloading isn’t a legitimate Flash Player file, but a malicious program.

Naraine repeated the refrain that security professionals have been spreading for years: be careful about downloading anything to your computer, even if it appears to come from a friend; and be diligent about applying security patches to your personal.

Fore more visit Source: [webware]

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A federal court ruled Thursday that a lawsuit against the executives who sold social network MySpace to News Corp. can go forward, as Judge George King in the Central District of California rejected a motion to dismiss the case.

The case was brought forth by Brad Greenspan, who founded a …

Source [The social]

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It’s no Facebook, but social site MyYearbook can still play with the popular kids: the site has announced $13 million in Series B venture funding. The round was led by Norwest Venture Partners with existing investors US Venture Partners and First Round Capital chipping in as well. Norwest’s …

Source [The social]

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Mass Charges Merrill With Fraud In Auction-Rate Sec Sale Last Update: 7/31/2008 10:46:11 AM DOW JONES NEWSWIRES The Massachusetts Secretary of the Commonwealth charged Merrill Lynch & Co. (MER) with fraud in pushing the sale of auction-rate securities while “misstating the stability of the auction market itself.” “This company was aggressively selling ARS to investors and its […] For more visit Source:www.investment-blog.net

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Credit Suisse Had Barrick Gold At Neutral Last Update: 8/1/2008 12:00:03 AM (END) Dow Jones Newswires August 01, 2008 00:00 ET (04:00 GMT) For more visit Source:www.investment-blog.net

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Sometime in next day or so, Tapulous will announce that it has accumulated 1 million users for its free iPhone game, Tap Tap Revenge. That’s an achievement, but what’s really interesting about the company is its overall strategy, since Tapulous isn’t, ultimately, a games company. I met recently with Tapulous CEO Bart Decrem and COO Andrew Lacy and to learn more.

The company is a social networking play. As Decrem said with glee as he demo’d the two-player version of Tap Tap Revenge with me (when you play, you and your opponent take up position on either end of an iPhone), the game is highly social. “Look how close we’re,” he said. If I were a 14-year-old boy playing with a girl I liked, this game would be, “the ideal opportunity to kiss her.”

Spin the Bottle for the iPhone generation.

The social underpinnings of the company go much deeper than that, fortunately. Tapulous is building a suite of different apps that connect to each other at a social level. Tap Tap Revenge, for example, will eventually link in to Twinkle, Tapulous’ nanoblog service and Twitter client. You’ll be able to send your high scores out as Twitter posts, or within Tap Tap, see the high scores of your Twitter pals.

The goal underpinning all the Tapulous apps (these two, plus new ones I’ll talk about in a minute) is to provide immediate value to the first users, while at the same time offering network effect benefits as people pile on.

Tapulous has managed that with its current apps: Tap Tap Revenge is a fun music game for one or two players, and Twinkle didn’t launch until the Twitter network was already live. In fact, the early version of Twinkle, for Jailbroken first-gen iPhones, was simply a Twitter client. However, the apps are both designed to ultimately support Tapulous’ own network; what’s especially clever is that Tapulous has, with Twinkle, figured out a way to get Twitter users to establish yet another new network login so they have the ability to use the app’s one-of-a-kind features: location reporting and easy picture uploading.

In addition to building out its own network, Tapulous is trying to leverage the network that users have already in their phones. Currently, while Apple’s apps can send data to each other, cross-app communication between third-party apps on the iPhone is very limited. Tapulous’ apps speak to each other by sending all their info through the Tapulous central servers. It looks like every one of Tapulous’ apps will have some clever way to leverage your phone’s contacts. For example, in FriendBook–the upcoming FriendBook app that lets you easily send your contact info to another iPhone user by shaking your phone–it might tell you which of your contacts are also Tapulous members and iPhone users, or it might show you which of your contacts are nearby.

Twinkle has its own nanoblog network that shadows Twitter.

Other upcoming apps include a restaurant reviews site (this will compete with Yelp) and a pic sharing service. Of course, both will leverage the Tapulous network of users as well as other Tapulous apps users have on their phones.

The company is flexible about monetization strategies. For Twinkle it will be layering in advertising at some point. For Tap Tap Revenge, there will be a premium version. The company is also looking at deals with musicians who might want distribution to the massive Tap Tap audience, and it might sell those tracks to users. Decrem pointed out to me that, unlike on the Web (and on Facebook), on mobile platforms users are accustomed to paying for content–for SMS messages, ringtones, games, etc.

Tapulous isn’t strictly an iPhone shop, although for now that’s its platform. The company is learning about this new market but expects to develop apps on other platforms as they get traction.

I like the way Tapulous is steadily building a collection of standalone apps that integrate at the user base level. It’s smart. It’s also an investible proposition; I was a bit surprised to hear David Hornick of August Capital state on a current TechCrunch panel that iPhone development shops aren’t good venture capital candidates since the iPhone market is so small. He’s right that the iPhone market is small, but the overall mobile market is large, and the proportion of phones in the world that can run apps is going up, and rapidly.

Fore more visit Source: [webware]

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Bicycle, Pfctdayelise, Wikipedia

True eco-confessions time: I never learned to ride a bike. Of course, I never learned to drive a vehicle either, so I think my green cred is in no great danger. But my lack of biking skills means that I was a tiny surprised by Gavin Hudson’s 17 reasons why bicycles are the most popular automobile in the world today post on the EcoWorldly blog.

Sure, biking is healthy (#2 on the list), and bikes save money (#12 and tangentially #1). And bikes are zero-emission cars (#15, though I’d put that higher on the list).

But did you realize that bicycling can break down economic divides and build communities? Bicycle advocacy groups help bring people together in many places.

Cycling is good for public finances too. The Australian government estimates that it saves $227.2 million per year in health costs, thanks to folks on bikes. Aussie cycle sales have spiked for eight years straight.

Maybe it’s time for me to hit the road. Not with a vehicle — certainly not with these crazy gas prices — but with a bike. About.com has some useful tips for buying and maintaining a bike. Guess I should join the more than a billion bikes around the world.

For more visit Source:[green.yahoo]

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