Yizhou Chen, CEO of China's SNS community Renren, shouted "one war, three battles". We do not know now how the battle progresses. Currently Renren's net market value is $1.3 billion where 900 million of them are in cash, it means the market values Renren 400 million US dollars only which is far lower than Facebook. Why cannot Renren be China's Facebook? This is a very interesting topic, many users share their opinions, Some of the main points are summarized as follows:Facebook pay more attention to the socialFacebook was founded purely for social needs, and now active users on Facebook are sti...

According to ATD, the start-up Maker Studios which specializes in the creation and distribution of YouTube video clips, will get a $40 million investment from investors where media giant Time Warmer is the lead investor.Maker Studios is an video clip creation and distribution of start-up headquartered in Los Angeles. According to its website, this media company's mission is to act as a bridge between YouTube and TV institutions. The program subscribers on YouTube over 80 million, over one billion page views monthly, covering over 1000 channels. Maker Studios can provide partners many services ...

If you are person reading technology news much, you will find a large part of the tech news are about a few companies : Apple, Google, Facebook, Amazon and Microsoft, in which the first four are today's "Big Four (platform)" as said by Google Chairman Eric Schmidt.These giants have both competition and cooperation in many areas, and each has its own place in the world, with Schmidt's words, Google dominates search, Apple designs device, Amazon occupies e-commerce and Facebook leads social. Although he did not talk about Microsoft (because he has kicked Microsoft out of the four major platforms...

Following the court decision last Friday on Samsung's infringement of Apple's patents, Apple did not stop, they immediately submitted an application to the court to ban some Samsung smartphones, including 8 types of Samsung smartphones sold in United States. Apple listed in detail in the document what patents these phones infringed. These 8 smartphones are:Galaxy S 4GGalaxy S2 (AT&T)Galaxy S2 (Skyrocket)Galaxy S2 (T-Mobile)Galaxy S2 Epic 4GGalaxy S ShowcaseDroid ChargeGalaxy PrevailSince the case is ended, if Apple wants the court to ban these eight smartphones, they only need to prove tha...

Facebook recently hired all employees from Pieceable, a web service provider which lets iOS app publishers deliver their apps to the browser and preview their apps in the browser. Facebook claimed that they didn't acquire Pieceable, they just hired their employees. Now Pieceable service is shut down. Currently there are around 800000 app demos on Pieceable, developers can try and show off their iPhone or iPad applications by putting their apps on Pieceable's web service. What Facebook did disappointed those venture capitals who support Pieceable because this is not an acquisition, Facebook onl...

Popular social coding and code hosting site GitHub is close to make an fund raising agreement with venture capital firm Andreessen Horowitz. After this round of fund raising, GitHub's market value will be around $500-800million.GitHub is a very popular social coding website, the major clients are programmers from big IT companies. Recently, GitHub even becomes a platform for some big companies to recruit new programmers, some HR managers are more willing to read applicant's GitHun profile instead of just the personal resume.Since launched in 2008, GitHub has over 1.6 million registered users a...

Guy Kawasaki is a Silicon Valley venture capitalist, bestselling author, and Apple Fellow. He was one of the Apple employees originally responsible for marketing the Macintosh in 1984. He is currently a Managing Director of Garage Technology Ventures, and has been involved in the rumor reporting site Truemors and the RSS aggregation Alltop. He is also a well-known blogger.We summarized 10 principles to start a new business from one of his presentations. 1. Make meaning in your companyThe most important purpose of starting a new company is to do something meaningful, not to earn money. If you m...

Google (GOOG) looks a lot more vulnerable to the accusation that it’s become the new Microsoft (MSFT) today compared to even a year ago.Several people have said that Google’s co-founders, Larry Page and Sergey Brin, have sought to build their company so that it wouldn’t make the mistakes that Microsoft did in the 1990s.Well, surprise, Google today seems a heck of a lot similar to where Microsoft was right in 1999 – the year after Google was founded.Want proof? Here are 7 similarities:1. They have the same number of employees as Microsoft did in 1999. Google just ann...