Virgin Atlantic fire employees for criticizing the company on Facebook

Virgin Atlantic fire employees for criticizing the company on Facebook
Virgin Atlantic has confirmed in a statement that they have sacked 13 of its cabin staff.
These staff members were found to be criticizing the company on the social networking service Facebook.
Reports claim that these employees also criticized some of the travelers on the flights.
The company [...]

LinkedIn raises $22.7 million investments

LinkedIn raises $22.7 million investments
LinkedIn is one of the most popular social networks online for business connectivity.
The company has revealed that they have now raised an additional $22.7 million in investments.
This additional investment would help them to grow even further with additional financial security.
These new investments were made by Bessemer Venture Partners in addition to [...]

General Motors to use Facebook for promotion in India

General Motors to use Facebook for promotion in India
US based automaker GM is all set to launch their online Facebook community in the coming days.
This community would first target the Indian customers and would later be expanded to their other markets.
Gaurav Gupta, director marketing, GM India said in a statement: “To start with GM [...]

MySpace lines up impressive advertisers for MySpace Music launch

MySpace lines up impressive advertisers for MySpace Music launch
Social networking service MySpace is all set to launch their digital media service later this month.
This new service is called MySpace Music and it would provide free music listening experience to millions of their subscribers.
This streaming music would be supported by advertisers and the company already has [...]

Journal Community: Wall Street Journal aims to become more social

Journal Community: Wall Street Journal aims to become more social
Wall Street Journal is one of the most trusted news media company in the world.
They are also one of the few popular online news services which still charge for access to some of their news stories.
WSJ has announced that they are now going social by launching [...]

Nokia completes acquisition of Plazes

Nokia completes acquisition of Plazes
Mobile phone maker Nokia has announced that they have now completed the acquisition of mobile social networking company Plazes.
They had announced this deal last month and it has now been completed.
This deal further enhances Nokia’s internet services which they have been working on since quite some time now.
Plazes enables the [...]

Vodafone Music Reporter: Vodafone collaborates with MySpace

Vodafone Music Reporter: Vodafone collaborates with MySpace
Mobile service provider Vodafone has announced that they are now collaborating with the social networking service MySpace.
Vodafone would now be providing footage from their sponsored media events on the MySpace network.
This new service has been named Vodafone Music Reporter and it would be offered in the European markets [...]

iSuppli: Social networks to become popular on wireless

iSuppli: Social networks to become popular on wireless
Market research firm iSuppli has said in a report that they expect the Wireless social networking industry to generate more than $2.5 trillion in revenue by 2020.
The report said that companies which cannot keep up with the popularity and growth of this market would soon find themselves in [...]

Vodafone acquires ZYB social network for about $50 million

Vodafone acquires ZYB social network for about $50 million
Mobile service provider Vodafone has announced that they are acquiring the mobile social networking service ZYB for around USD 50 million.
Vodafone said that after the acquisition their services would be integrated into their own Internet Services Division.
ZYB provides social networking and online management tools for mobile users. [...]

Facebook chief revenue officer Owen Van Natta leaving company

Facebook chief revenue officer Owen Van Natta leaving company
Leading social networking service on the web Facebook has announced that their chief revenue officer Owen Van Natta is leaving the company.
He had been working at Facebook for more than two years.
He was also the chief operating officer at one point of time and was a [...]

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