obama

Tech news from around the web:

  • Zynga, the company behind online games FarmVille and CityVille, is in talks on an investment that would value it at nearly $10bn and could pave the way for an initial public offering next year, the New York Times’ DealBook reports. The company is in discussion  with T. Rowe Price and Fidelity Investments, among other investors, for a round of financing near $500m.

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  • In a peaceful transfer of power, Xerox on Thursday said Ursula Burns would replace Anne Mulcahy as chief executive, becoming the only female African-American chief executive among the Fortune 500’s top 150 companies. Ms Mulcahy, 56, who turned the printing company round after the dotcom bubble burst, will retire on July 1 but remain as chairman. Ms Burns, 50, currently president, is her closest lieutenant.
  • Perhaps it will be Government 2.0, after all. The Obama White House took an important step forward in its promise to use internet technology to make government more open and accountable, a move that helped to ease some of the criticism that has welled up during the administration’s early months. The new initiatives include a website, Data.gov, through which all types of government data will be released in machine-readable form, and an experimental open blog to shape the White House’s thinking on how the internet can be used more extensively in government.

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