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Facebook reportedly eyeing IPO filing for next week

Facebook is reportedly planning to file for its much-awaited initial public offering, with The Wall Street Journal reporting today that the filing could happen as early as next Wednesday. The report, citing people familiar with the matter, also indicates that the social networking powerhouse is considering Morgan Stanley to lead the deal. Facebook is already… Read More

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This Internet thing is gonna be pretty huge after all: Nearly half of the planet’s population to become Web users by 2016

In case you need a friendly reminder, The Boston Consulting Group just came out with projections for how the Internet is transforming the way we conduct commerce, communicate and, basically, live our daily lives. The latest survey indicates that  by 2016, roughly 45 percent of the world’s population, or three billion people, will be using… Read More

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Howard Schultz: How Twitter and Facebook are saving Starbucks money

Starbucks just turned in a record quarter, posting $3.4 billion in revenue and the highest quarterly earnings in the company’s history. And how did the ever-expanding coffee company do that amid what CEO Howard Schultz termed a “seismic change” in consumer behavior following the “cataclysmic” recession? Well, having 40 million fans on Facebook and two… Read More

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Wavii moves toward reality with goal of helping people manage information overload

Wavii, the stealthy Seattle startup led by Adrian Aoun, is getting closer to unveiling a new service that’s designed to help people find the news that matters the most to them. “Today, most people get their news by searching Google or browsing sensationalized headlines that repeat the same story,” writes Wavvi’s Dan Lewis in a blog post today. “If… Read More

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Q&A: Facebook engineering VP Jay Parikh explains what they look for in developers (and much more)

One of the first things that struck me upon entering Facebook’s 17-month-old engineering office in downtown Seattle today was the … silence. Despite the open newsroom-style environment on the 8th floor of 101 Stewart, coders worked away with very little verbal communication. Just the tap, tap, tap of keystrokes — presumably using Facebook chat to… Read More

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Geoff Entress, Keith Smith and others bankroll TechStars grad GoChime

GoChime, a recent grad of the TechStars Seattle incubation program, has raised $630,000 in financing from angel investors Geoff Entress, Matt Shobe, Dave Carlson, Walter Winshall, Rob Martin, Kendall Kunz and Jason Seats. As a result of the financing, BigDoor CEO Keith Smith (also an investor) has joined the board. GoChime is an online marketplace that… Read More

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Led by Seattle tech veterans, hi5 finds a buyer in Tagged

Hi5, the San Francisco social networking company led by Seattle gaming and advertising veterans Bill Gossman and Alex St. John, has been acquired by Tagged Inc. for an undisclosed price. Together, the combined company will have about 20 million monthly users and 330 million registered users. The San Francisco Chronicle notes that the acquisition comes… Read More

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Memory Lane, formerly Classmates.com, cuts staff

Memory Lane, the Seattle social networking site formerly known as Classmates.com, has cut an unknown number of jobs at its operations in Seattle. A spokesman for United Online — the parent company of Memory Lane — declined to comment. The buzz emanating from the social networking company indicates that staffers recently lost jobs across multiple… Read More

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Poll: What do you think of Twitter’s new look?

We’re pretty heavy Twitter users around the GeekWire offices, so when the company rolled out a new redesign yesterday we had to check it out. I’ve been playing around with the “new Twitter” — both on the Web and on my phone — and I am still trying to get my head around it. GeekWire’s… Read More

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Google+ Handbook: 63 resources for entrepreneurs

Just when you thought you had Facebook and Twitter nailed, along comes Google+. This new social site took the world by storm, but easily ended up adding more confusion to your life. Well, even if you’re a complete beginner and don’t have a clue where to start or you’re a reasonably seasoned user of Google+,… Read More

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Newsmakers 2011: Facebook’s Mark Zuckerberg pushes the potential of the social infrastructure

Now that everybody is connected, things are about to get really interesting. That was the message from Mark Zuckerberg this year, through his words and actions. The Facebook CEO sees the new “social infrastructure” transforming businesses including television, movies, books and music before moving on to traditional sectors such as health care and finance. “When… Read More

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FlowPlay brings virtual goods, avatars to Yahoo Messenger

Why just chat with someone, when you can chat in a virtual condo or apartment? Seattle startup FlowPlay, maker of the ourWorld virtual world, is promising that and much more with a new offering being announced today with Yahoo Messenger. Instead of just chatting with text in the normal fashion, your avatar can chat with… Read More

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Newsmakers 2011: Lockerz CEO Kathy Savitt

Some of the biggest names in venture capital are putting their faith in Lockerz, a Seattle upstart that came on the scene in a big way in 2011. The company, which is building a social networking service where teenagers and twenty somethings earn points for sharing content or watching videos, landed a massive $36 million… Read More

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Startup Spotlight: PaperShare creates a social network for your ‘working life’

Does the world need another social network? Doug Brown and David Greschler — the brains behind a new Kirkland startup called PaperShare – certainly think so. But PaperShare isn’t another Twitter or Facebook or MySpace. The six-person startup is exclusively focused on helping people exchange business and technical information, organizing one’s working life. So, in the… Read More

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Facebook’s environmentally-friendly data center features high-tech cooling system

Facebook today announced that its Prineville data center in Oregon has received LEED Gold Certification from the U.S. Green Building Council, with the company noting that the facility (which recaptures 100 percent of rainwater, includes a solar array and uses cool air from outside the building to reduce heat) uses 38 percent less energy than comparable… Read More