Here’s What Zuckerberg Said to Employees Before Ringing the Opening Bell (Video)

Haven’t gotten enough coverage of Facebook’s initial public offering yet? Here’s a video of CEO Mark Zuckerberg giving a speech to employees before ringing the opening bell on Friday.
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L.A. Stories: HipSwap Tries to Take the Creepy out of Craigslist (Video)

The mobile app-heavy service allows anyone with stuff, including boutique merchants with quirky stuff to move, to quickly snap photos of items, price them and then — presumably — sell.
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Here’s Zynga’s Filing on $228M HQ Building Deal (For All You Real Estate Types)

The online gaming company has fixed it up real pretty.
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Health Help: Former Sun CEO Jonathan Schwartz Talks About New CareZone Start-Up (Video)

Here’s a very intriguing new social networking site called CareZone, aimed at helping people managing chronic health care issues. (I can tell you, based on my own recent scare, it’s needed.)
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Former Color Co-Founder Peter Pham Heads to Former Myspace CEO’s L.A. Tech Studio (Video)

The well-known Silicon Valley entrepreneur joins Mike Jones at Science.
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On The Verge of a New Tech Site, Which Finally Debuts

Tonight at 1 am PT, techies who have nothing else to do — that would be me! — can click onto a brand new tech site called The Verge.
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Groupon’s Third (And Quieter) Co-Founder Brad Keywell Talks About Chicago Ideas Week (Video)

Never heard of Chicago’s Brad Keywell? No longer!
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News Byte

CafeMom Nabs Top Yahoo Sales Exec in New York

Ann Lundberg, a top sales exec at Yahoo’s New York office, is joining CafeMom as head of sales. The five-year Yahoo veteran will focus on building the marketplace profile of the social-networking and community site aimed at mothers, which has recently expanded its offerings to daily deals, as well as announcing an anticipated launch of a site aimed at Hispanic moms.

CafeMom Launches Daily Deals and Plans Hispanic Moms Site

CafeMom, a social-networking and community site aimed at mothers, is expanding its offerings to daily deals, as well as announcing an anticipated launch of a site aimed at Hispanic moms. The deals site has just been launched under the killer URL of Mom.com.

Chris Shipley Opens a "Community Center" for Silicon Valley Geeks

Last night in Redwood City, Chris Shipley–who used to run the famed Demo conference–had a ribbon-cutting for Studio G, a new office for her Guidewire Group aimed at the start-up community. Here’s the video of the party.

Exclusive: Chegg Buys Cramster

Federated Media Makes Another Buy: Foodbuzz

Welcome to NetworkEffect!

Federated Media Snaps Up BigTent