In the hours after a team of U.S. Navy SEALs attacked Osama bin Laden's hideout in Pakistan -- and shot the world's most wanted man in the head -- the Facebook pages for the U.S. Navy, SEALs and Army saw a dramatic spike in activity as users flocked online to post their thoughts and comments about the event.
So you want to be writer. Well, have I got a deal for you. Join Patch, and write for free for a multibillion company run by millionaires. In a continuation of one of the more, um, unusual media stories in recent memory, AOL is asking the editors of Patch to recruit 8,000 people to write for free on Patch's various hyperlocal news sites.
Netflix, the streaming-video and DVD-rental-by-mail giant, said that its profit soared 88 percent in the first quarter as it added 3.6 million subscribers globally. But the company's shares were battered in after-hours trading, falling 5 percent after the company projected that its profits next quarter wouldn't likely be as high as Wall Street traders hoped for.
Arianna Huffington is like a "slave owner on a plantation of bloggers," according to the lead plaintiff in a class action lawsuit that seeks more than $100 million in damages on behalf of 9,000 unpaid bloggers who, he argues, should be paid for helping build The Huffington Post into the valuable media property AOL bought for $315 million.
LinkedIn is offering websites and developers easy tools to embed "share" buttons, company-profile boxes and friend widgets on third-party websites -- as well as a way to log in to other sites using LinkedIn. Calling it the professional web, the business-based social networking site is seeking to challenge Facebook's growing control over online identity.