VCs pumped a record $1.34B into Web 2.0 companies last year, but the rate of funding growth has declined and the prospects for exiting look weak.
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Online video meets social networking in the land of the Great Wall.
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HiveLive received its first VC round to help grow its social-networking software aimed at businesses.
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BioMedExperts, a niche social networking site, aims to help promote collaborative medical research and development among health care and life science researchers around the world.
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Yahoo CEO Jerry Yang tells attendees of the CES tech confab in Las Vegas that the company's services will be more social, making it easier for people to update friends on their web activities.
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The social-networking site that's been left in the dust by LinkedIn, Facebook, and others is said to be seeking as much as $100 million, according to a report.
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Mountain View, California-based address book updater that added social-networking features is said to be seeking $100 million.
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The wireless operator will make it easier for its cell phone customers to link to a free version of News Corp's online social network MySpace.
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Facing mounting privacy protests, the social-networking destination scales back a web-monitoring feature that notifies friends when a Facebook user visits affiliated web sites.
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Classmates.com, the first social-networking site to file for an IPO, will offer 12 million shares at an estimated price range of $10 to $12 each.
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The addition of MySpace gives Google's OpenSocial platform greater strength against fast-growing Facebook, which opened up its site to developers in May and has seen explosive growth.
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Developers testing Google's OpenSocial system, which provides tools to build applications and embed them in many sites, include key companies behind such Facebook applications as music recommendation service iLike.
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Social network backers create unusual $10 million fund to dole out grants to start-ups with ideas for innovative applications.
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Social-network site Facebook, which has enjoyed explosive growth in new members over the past three months, will let users decide how much privacy they want on the site.
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Internet giant tests new college-focused career social network in a bid to jumpstart competition with the likes of Facebook, MySpace, and LinkedIn.
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Social networks have roped in a majority of U.S. Internet users, but they still struggle to attract a steady influx of greenbacks from advertisers, says report from IDC.
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Startup from the land down under snares $6 million from former MySpace investor, and moves to Silicon Valley in a bid to sprint to the front of the mobile social networking pack.
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Social networking Web sites have been acquisition targets for top flight media groups in recent years. Now it looks as if social networking could heat up the market for initial public offerings.
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Charles River and Prism VentureWorks pump $5.5 million into stealthy Conduit Labs, the latest startup aiming to meld online gaming with social networking. Can it stand out from the crowd?
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San Francisco startup, which merges social networking and casual gaming, scores $5-million first round with an eye to fund independent game developers.
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