Google Plans Start-Up Centre In London

Google Plans Start-Up Centre In LondonGoogle has thrown its weight behind East London’s fast-growing hub for Internet companies, Tech City, by signing a lease for a seven-floor building that would be serving as a launch-pad for new start-ups and developers.

The center will house advisers from Google and other organizations that support technology entrepreneurs.

From in.finance.yahoo.com:

The move supports British Prime Minister David Cameron’s ambition, announced in November 2010, for London’s East End to become a technology centre to rival California’s Silicon Valley.

The plan was backed by a host of technology companies, including Google, Vodafone, Facebook and Intel.

Google, which will retain its central London offices, said the centre would be the first initiative of its kind for the company anywhere in the world.

“East London is already home to hundreds of innovative British start-ups, and has huge potential for economic growth and new jobs over the coming years,” said David Singleton, Google UK’s engineering director.

Spam King charged for unsolicited junk messages

Spam King charged for unsolicited junk messagesSanford Wallace, known as the “Spam King,” has turned himself in to U.S. authorities after being indicted of masterminding a scheme that sent more than 7 million unsolicited junk messages through servers of Facebook, the popular social networking site.

The Las Vegas man has surrendered to FBI agents for facing 11 counts of fraud, intentional damage to a protected computer, and criminal contempt for violating previous orders to stay off the social networking sites Facebook and MySpace.

From Reuters.com:

Wallace, 43, developed a program that evaded Facebook’s spam filters and posted messages encouraging account holders to visit a website, purportedly from a friend, according to the indictment unsealed on Thursday.

Instead, unsuspecting users were prompted to enter their email addresses and passwords and then were redirected to an affiliate website that earned Wallace “substantial revenue” for directing the traffic, the indictment said.

Wallace’s program scooped up their information, including their lists of friends, and sent spam messages to them.

Accounts of about 500,000 Facebook users were compromised between November 2008 and March 2009, leading to more than 27 million spam messages being sent, federal prosecutors said.

“We will continue to pursue and support both civil and criminal consequences for spammers and others who attempt to harm Facebook or the people who use our service,” Chris Sonderby, a lawyer for the company, said in a statement.

Film based on Facebook gets lion’s share of honors

Film based on Facebook gets lion's share of honorsA film based on social networking website Facebook, ‘The Social Network‘, has picked up a major share of honors at the opening event of the Hollywood awards “season”.

The Independent reported members of the National Board of Review selected the Facebook biopic in four major categories, including Best Picture.

From in.news.yahoo.com:

David Fincher was named Best Director for his work on the project, and writer Aaron Sorkin won Best Adapted Screenplay.

Jesse Eisenberg won Best Actor for his portrayal of the social networking website’s founder, Mark Zuckerberg.

In other major categories, Christian Bale was named Best Actor for his portrayal of boxer Dickie Eklund in ‘The Fighter’, while ‘Toy Story 3′ began its expected sweep of the season’s Best Animation prizes.

After sweeping acclaims for its social networking efforts, Facebook now has one more feather to his crown in the online dominated world of today.

Rs 38 lakh package offered by Facebook to IIT Madras students

Rs 38 lakh package offered by Facebook to IIT Madras studentsFacebook, the social networking site, has offered a package of Rs 38 lakh (USD 85,000) for IIT Madras students during the ongoing placement season, according to a top official of the institute.

IIT Madras Advisor (Training and Placement) N Ramesh Babu said Facebook leads the chart with a package of Rs 38 lakh among companies selecting prospective candidates from the country’s premier educational institute IIT Madras began on December 1.

From in.news.yahoo.com:

Every year students eagerly await to participate in the campus selection and this year too more than 260 companies have registered so far, he said, adding, “But we expect it to cross 300 companies.” Asked on the selection processes, he said the final round of interview would be done later.

“For example, Facebook after conducting all the rounds, will conduct another interview via Skype from the US and when a student gets selected he/she will be offered USD 85,000 package,” Babu explained. He said around 1000 students from various streams including B Tech, MTech, MS, Doctoral programmes, MBA, have registered for placements this year and so far around 30 students have received offers from various multi-national companies including Goldman Sachs, IBM and Boston Consulting Group.

This year, the leading package was offered by Facebook while an oil company has offered to pay a package of Rs 28 lakh.

Facebook Dominates Google

FACEBOOK DOMINATES GOOGLENowadays, studies have shown the rise in use of facebook among users rather than Google search engine. The figures show that facebook users spend 9.9 percent time of web surfing time and for Google only 9.6 percent time of web surfing time.

From timesofindia.indiatimes.com:

US Web surfers are spending more time socialising on Facebook than searching with Google, according to new data from researchers at comScore Inc.

To be sure, there’s wiggle room in these estimates, which comScore bases on a combination of reports from a panel of two million users around the world and data from websites’ servers. But the time spent posting photos, updating status messages and scrolling through news from friends has at least grown to rival just about everything else people do online.

People now really don’t bother to surf news site since all the updates are shared through the network and commented. These social networking sites have now taken the charm of search engines and news sites among the youth.

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