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"Yeah, Google's a great company, and I think we want to look at and learn from everything that they do. But at the same time, people have shared a lot on Facebook and have already told a lot of their life story on Facebook. And we think that we have by far better tools for doing that." -- Mark Zuckerberg on whether Google+ is a threat (The Next Web)
* CNNMoney reports that Facebook bought the location-based service Gowalla for an undisclosed sum. Most of the Gowalla team will move to Facebook's Palo Alto headquarters to work on the social network's recently-introduced Timeline feature. (CNNMoney)
*With market share of its desktop browser declining and a tiny 1% share of the mobile browser space, can Mozilla's Firefox browser survive? The company is doing all it can to stay competitive -- making mobile a priority, hiring new talent -- but the question remains whether those efforts will be enough against heavyweight browser competitors like Google (GOOG) and Apple (AAPL). (Bloomberg Businessweek)
* SAP (SAP) plans to buy the Web-based enterprise software company SuccessFactors for $3.4 billion. The deal is expected to close early next year and comes roughly two months after rival Oracle (ORCL) agreed to purchase RightNow Technologies, a customer service software maker, for $1.4 billion. (The New York Times)
* Salman Khan made waves when Khan Academy's free online collection of education videos took off. Now, Khan wants to do it again by integrating those videos into the school curriculum, starting 36 institutions around the country. (The New York Times)
* With celebrities like Lady Gaga, Justin Timberlake, and Leonardo DiCaprio getting in on the investing game as of late, GigaOm explores whether we're seeing a fad or the future. (GigaOm)
* Meet Senzari: a Pandora-like startup with $2 million in angel funding that wants to outperform Pandora itself by offering a wider selection of music (10 million plus vs. Pandora's 900,000) to users around the world. Senzari is currently in private beta in the U.S. and Brazil, but plans to expand to Latin America, Spain, and Australia. (TechCrunch)
* THE PARTING SHOT: A look at Facebook's "Open Graph" and why the social network is pushing automatic sharing (aka "frictionless sharing") so hard. (Robert Scoble/Scobleizer)
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From mass raises at Google to angels oversubscribing the latest hot startup, Silicon Valley is flush with cash, but short on talent. Believe it or not, that's mostly a good thing.
By JS Cournoyer, contributor
The world of early stage investing is changing in ways that are reminiscent to the tech bubble of 1999. As Fred Wilson points out in "Storm Clouds" that investors are behaving badly, making $5M to $15M MORENov 16, 2010 12:03 PM ET
For this to work, HP must fix its tangled approach to mobile software
This is either the end of Palm, or the restart it always needed. Either way, it's probably the iconic brand's last chance for survival – and Hewlett-Packard's best chance for mobile relevance.
When HP (HPQ) announced Wednesday that it's buying Palm (PALM) for $1.2 billion, we began the latest chapter in a tortured tale. Palm has been bought (U.S. MOREJon Fortt - Apr 28, 2010 8:53 PM ET
Foursquare and Gowalla are squaring off for the title of top tagger at Austin's annual tech-fest.
By Caroline Waxler, contributor
The annual South By Southwest Interactive conference kicks off Friday and the advance buzz is all about a fierce competition between two location-tagging social networking companies: Foursquare and Gowalla. (Disclosure: I know the Foursquare co-founders.)
These services help you locate where your friends and contacts are at any given moment -- perfect MOREMar 12, 2010 9:24 AM ET
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