Daily Archives: April 19, 2011

Tim Bradshaw Much-hyped Badoo loses millions of Facebook users overnight

April 19, 2011 7:59 pm by Tim Bradshaw

Badoo has been getting a lot of great press recently. Last month, the FT noted that its flirtatious “social dating” service had overtaken Farmville to become the second most popular app on Facebook. Then the UK edition of Wired magazine put Russian founder Andrey Andreev on its front cover, claiming it was on the verge of an IPO or fundraising that could value the 120m-member “freemium” site at $2bn.

So with all this publicity, how come its Facebook app lost almost three quarters of its daily active users in the space of a few days last week? Read more

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Posted in Digital media, Europe, Social, Tech |

Further reading: Google invests in wind farm and Apple sues Samsung

April 19, 2011 12:43 pm by Phill Tutt

Tech news from around the web:

  • Following on from its investment in solar power, Google has just announced a $100m investment in the Shepherds Flat Wind Farm in Oregon. Google’s official blog claims the facility will be the largest wind farm in the world, producing 845 MW of energy – enough for 235,000 homes.

 Read more

Posted in Tech |

Richard Waters TweetDeck linked in new takeover talks

April 19, 2011 1:10 am by Richard Waters

What chance does a consumer internet company have if it doesn’t own the relationship with its most important set of users?

According to Howard Lindzon, one of the biggest angel investors in TweetDeck, that is one very good reason for Twitter to buy the desktop client that is beloved by many of its own power-users (a deal that The Wall Street Journal says is at an advanced stage of negotiation.) Read more

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Posted in Internet, Tech Finance |