Apparently, Facebook has a lot of friends.

Clickety-clicking ones, whose massive interest in the just-filed IPO of the Silicon Valley social networking giant seems to have temporarily crashed the Securities and Exchange Commission’s EDGAR Web site, where anyone can access regulatory documents on companies.

We’re calling the SEC for comment right now, but the site is still hanging, and sources said the reason is the Facebook initial public offering filing.

Update: It’s back up! Though slow. Still, go government!

Another Update: The SEC got back to us and in response to the question of whether this was related to a Facebook surge, spokesman John Nester said, “Greatly increased traffic that began shortly before 5 pm slowed the public website. We are bringing on additional capacity to handle the load.”

MORE ON THE FACEBOOK IPO:

• Facebook’s Ad Business Is a $3 Billion Mystery
• Viral Video: Farewell to the No-IPO Mark Zuckerberg
• Zuckerberg Is the Billion-Share Man: Who Owns What, Who Makes What in the Facebook IPO
• Zuckerberg Tells Investors, “We Don’t Build Services to Make Money”
• Mobile Highlighted as Key Risk Factor (and Opportunity) in Facebook Filing
• Stop All That Poking: Facebook Filing Temporarily Crashes SEC Web Site
• Zynga Accounted for 12 Percent of Facebook’s Revenue in 2011
• Facebook Has 845 Million Users
• On Its Eighth Birthday, Facebook Files to Raise $5 Billion in Massive IPO (Get Your S-1 Here!)
• Go the F**k Back to Sleep, Silicon Valley: Facebook IPO Likely to File Later Today at Earliest
• Dude, Where’s My Facebook IPO Filing? (Ashton’s on Hold!)
• The Quiet Man: Meet the Less-Known Face of the Facebook IPO, CFO David Ebersman
• Facebook Board Meeting Today for Final IPO Okays
• Facebook (Eye)PO: Tracking the Truth of the Biggest Deal of Web 2.0
• Viral Graphic: Visualizing the Facebook IPO
• Is Facebook IPO on Track for Late May?
• IPO Watch: Facebook Hiring Brunswick to Help With Comms for Expected Public Offering
• Complete Facebook coverage

According to several sources close to the situation, the Facebook board has been meeting early this afternoon at its Silicon Valley HQ to give the go-ahead to a massive initial public offering.

Facebook is expected to file regulatory documents as early as tomorrow morning for what will certainly be one of the most-watched IPOs in tech in recent years.

Sources also noted the filing could happen after markets closed tomorrow, too.

While sources said the filing time could still change even later this week, that seems unlikely, especially given the furor over every detail — including entirely meaningless ones — about the much hyped Facebook offering.

But it’s finally here and will be much scrutinized.

As I previously reported, the offering is expected to be below an overblown valuation number of $100 billion that has been widely reported and the amount being raised is also less than the $10 billion being bandied about.

I would tell you those numbers if I knew, but the offering has been locked down tight by Facebook — much different than blabbier recent IPOs from Internet companies. (Heeelllloooo, Groupon!)

That’s because Facebook management has been determined to conduct an IPO with as little drama as possible and is seeking to minimize a bubble atmosphere around the event.

(I might start liveblogging the IPO countdown right now, just to ramp up the noise and send CNBC into a frenzy.)

The board of Facebook is chaired by co-founder and CEO Mark Zuckerberg, who has been the most insistent about conducting the IPO with more deliberation and care.

One notable difference, for certain, has been Zuckerberg’s patience in growing the business before taking Facebook public. Still, it is important to remember that its history has actually been very short in time — the start-up was launched as thefacebook.com from his dorm room at Harvard University in early 2004.

If you are counting, that is only eight years ago.

MORE ON THE FACEBOOK IPO:

• Facebook’s Ad Business Is a $3 Billion Mystery
• Viral Video: Farewell to the No-IPO Mark Zuckerberg
• Zuckerberg Is the Billion-Share Man: Who Owns What, Who Makes What in the Facebook IPO
• Zuckerberg Tells Investors, “We Don’t Build Services to Make Money”
• Mobile Highlighted as Key Risk Factor (and Opportunity) in Facebook Filing
• Stop All That Poking: Facebook Filing Temporarily Crashes SEC Web Site
• Zynga Accounted for 12 Percent of Facebook’s Revenue in 2011
• Facebook Has 845 Million Users
• On Its Eighth Birthday, Facebook Files to Raise $5 Billion in Massive IPO (Get Your S-1 Here!)
• Go the F**k Back to Sleep, Silicon Valley: Facebook IPO Likely to File Later Today at Earliest
• Dude, Where’s My Facebook IPO Filing? (Ashton’s on Hold!)
• The Quiet Man: Meet the Less-Known Face of the Facebook IPO, CFO David Ebersman
• Facebook Board Meeting Today for Final IPO Okays
• Facebook (Eye)PO: Tracking the Truth of the Biggest Deal of Web 2.0
• Viral Graphic: Visualizing the Facebook IPO
• Is Facebook IPO on Track for Late May?
• IPO Watch: Facebook Hiring Brunswick to Help With Comms for Expected Public Offering
• Complete Facebook coverage

According to multiple sources, the long-anticipated public offering of Facebook is now likely to come in the third week of May.

That means that the company must file its IPO documents within the next month, given that the review by the Securities and Exchange Commission usually takes about three to four months.

That’s if there are no issues, of course, such as a turbulent market or thornier-than-usual questions from regulators that require amending the filing.

Groupon, for example, filed for its IPO in early June, but did not go public until five months later in November.

The usual caveat on the late-May timing (even though I called 143 people on this one): This IPO planning could all change, in a New York minute, to another month.

In any case, the Facebook IPO is expected to be one of the largest Web offerings ever — with some reports saying the company will be raising $10 billion on a $100 billion valuation. (The valuation and raise, sources tell me, will be much lower.)

That amount is presumably to match its huge consumer growth and revenue explosion. Users now number 800 million — a figure that is likely to hit one billion this year. And revenue, which was reportedly close to $4 billion in 2011, is expected to be higher by another third in 2012.

Facebook will need such oomph if it is to impress investors, although the social networking site’s leadership is still warning that its focus is products over dollars.

In an interview with The Wall Street Journal last week, for example, co-founder and CEO Mark Zuckerberg hedged the point, even as he sang his same familiar strategic tune of the last few years.

“The thing to take away isn’t that we don’t care [about business]. People for years were asking me why aren’t we trying to make more money,” he said. “I would say I’m trying to build a business for the long term and it was clearly the right strategy.”

While admirably I’ll-row-my-way in tone, Zuckerberg needs a public offering heft more than ever, as Facebook’s battles with rivals — most especially Google — escalate.

Just last week, the monocratically-inclined search giant ham-handedly shoved its own social networking service, Google+, into its results, in a move that could severely disadvantage Facebook.

Thus, into the Wall Street breach, to get a giant pile of dough to fight back!

But, unlike Google’s more kookified 2004 IPO, sources said Facebook’s is probably going to hew to a more traditional offering script.

That is likely to include a hefty consortium of irksome investment bankers — think firms like Goldman Sachs and Morgan Stanley on top of the filings, and a spate of smaller ones (Allen & Co.) below, and you have the approximately accurate idea.

And, while shot-caller-in-chief Zuckerberg will be the one key voice in the IPO, the man to watch has been and will be CFO David Ebersman.

The longtime Genentech exec, who came to Facebook in 2009, has been doing all the heavy lifting in preparation for the IPO, said sources, and will continue to do so.

Facebook declined to comment (but I would too, if I were them).

According to numerous sources close to the situation and after regulatory pressure, Groupon will amend its S-1 public offering filing to remove references to an unusual accounting treatment that has attracted controversy.

Sources said the new filing by the social buying company, which is helmed by CEO and co-founder Andrew Mason (pictured above), will likely occur as early as Monday.

It can’t come a minute too soon regarding a metric called ACSOI, or adjusted consolidated segment operating income, which the Chicago-based Groupon used when it filed its S-1 documents in June.

As I wrote at the time about the odd use of ACSOI:

Let’s be clear, this is a number that does not include important costs, such as critical online marketing expenses to attract new customers to Groupon.

Such accounting is called non-GAAP (generally accepted accounting principles).

In 2010 and the first quarter of 2011, Groupon said its Adjusted CSOI was $60.6 million and $81.6 million, respectively.

On a GAAP basis, Groupon lost $413.4 million for 2010 and $113.9 million in the first three months of 2011.

And, indeed, questions from the media, investors and, most importantly, the Securities and Exchange Commission about how Groupon accounts for its revenue and profits using ACSOI were swift and decidedly negative.

Hence, a furious debate — along with much internal tension — within Groupon about what to do. At first, in another S-1 amendment, the company backed away from using ACSOI as a “valuation metric.”

But that was apparently not enough for the SEC or anyone else, so Groupon’s top managers finally thought it best to rid itself of the term entirely. That will happen next week, sources said.

And, in coming weeks, sources added, the company will be filing additional financial information about both its growth and costs, which will undoubtedly also be put under a microscope by the media, investors and regulators.

A Groupon spokesman declined to comment when asked about the removal of ACSOI from its public offering documents.

Earlier today, CNBC reported that the regulatory review of Groupon’s questionable use of certain accounting metrics in its IPO filing was delaying its offering until later in September.

While more questions from the Securities and Exchange Commission about how it accounts for its revenue and profits might indeed eventually push the IPO debut out, according to sources I have interviewed for months now, an offering in mid to late September was actually when the social buying company was planning to take its company public.

It makes sense, since August is seldom used for road shows for companies headed for an IPO — think Wall Street in the Hamptons and you’ll get why.

That said, the continued scrutiny by the SEC is not a welcome development for Chicago-based Groupon, which filed its S-1 documents in June.

In coming weeks, sources said, the company will be filing new financial information about both its growth and costs, which will undoubtedly be put under a microscope by investors and regulators.

That’s no surprise since the contents of the original filing immediately caused controversy, especially over the amount of its venture funding paid out to insiders and also over an unusual accounting treatment called adjusted consolidated segment operating income, or Adjusted CSOI.

As I wrote at the time:

Let’s be clear, this is a number that does not include important costs, such as critical online marketing expenses to attract new customers to Groupon.
Such accounting is called non-GAAP (generally accepted accounting principles).

In 2010 and the first quarter of 2011, Groupon said its Adjusted CSOI was $60.6 million and $81.6 million, respectively.

On a GAAP basis, Groupon lost $413.4 million million for 2010 and $113.9 million in the first three months of 2011.

Said Groupon about its accounting in its S-1 filing: “We believe Adjusted CSOI is an important measure of the performance of our business as it excludes expenses that are non-cash or otherwise not indicative of future operating expenses.”

Definitely sketchy enough to attract an SEC look-see, which caused Groupon to back away from Adjusted CSOI as a “valuation metric” in a recently amended S-1 filing. Groupon also stepped back a sloppy comment made after the filing by its Chairman Eric Lefkofsky — in a interview he apparently thought was off the record — that the company would be “wildly profitable.”

One thing is certain: There will surely be more amending of the Groupon S-1 in the weeks ahead as it stumbles toward its IPO, which will be one of the most prominent of the Web 2.0 era.

Groupon’s S-1 filing for an IPO last month certainly got a lot of ink.

Unfortunately, much of it was negative, focused on several controversial parts of the document. Most scrutinized were large slugs of money taken out of the social buying site by its founders, as well as aggressive accounting terminology to make large losses look less, well, large.

Rattled by the intense media and analyst reaction to the filing, sources said the Chicago-based company commissioned a poll of its consumers and merchants to gauge the impact.

One source familiar with the survey said that top execs and its board wanted concrete reaction from key constituencies, instead of relying on “noise from the echo chamber” of Wall Street and Silicon Valley.

And, said several people who had seen the poll, it should probably come as no surprise that the impact of the drumbeat of Groupon-is-doomed news on merchants and consumers was low, with only one percent saying that they had formed a negative opinion of the company from the filing.

That, of course, does not mean that those important groups for Groupon aren’t disgruntled about a whole laundry list of other issues.

But — for now, at least — an S-1 with some warts isn’t one of them.

Whatever the case, Groupon will continue to face scrutiny as it moves to amend the filing after comments from government regulators, and also when it reports its latest financial results soon for the three months ended June 30, 2011.

And those are numbers that everyone will surely be paying attention to.

So exactly how fecund is “FarmVille”?

If reports hold, we’ll all find out today what the yield is from the online gaming phenom Zynga, which will finally be filing its regulatory documents sometime today.

The S-1 for a public offering valued at up to $20 billion, which will contain all kinds of juicy information about the San Francisco-based start-up’s business, is likely to come out after the markets close. Zynga is expected to raise $2 billion in the offering.

Before everyone gets to see what’s in it, there’s a lot that investors should be looking out for, based on recent IPO filings by similar companies, such as Groupon.

Digging Up New Accounting Ground

As Tricia Duryee pointed out, Zynga will be the “first major U.S. company supported primarily by the sale of virtual goods” to file.

That’s what will likely make the Zynga filing very interesting, from an accounting point of view.

How Zynga handles its accounting is sure to be much scrutinized, especially since Groupon attracted all kinds of ugly from its unusual treatment of its financial results.

To defocus from its money-losing under GAAP acounting, the Chicago-based social buying service used the more attractive “Adjusted CSOI,” which is defined as adjusted consolidated segment operating income.

My definition: Sketchy!

Zynga’s finances are expected to look better, reportedly generating about $400 million in profit last year on about $850 million in revenue.

It will be important to pay attention to the breakdown of those revenues and about what period of time the company accounts for them.

As Duryee wrote, Zynga has several choices:

Game-based model: The company recognizes revenue over the life of the game.

User-based model: Revenue is recognized over the estimated life a user plays the game.

Item-based model: Revenue is recognized based on the implied or explicit life span of the item — in other words, how long it would last in the real world. Examples of more durable goods are virtual vehicles, furniture or weapons. Revenue from these would be recognized for as long as the player stays active in the game. Revenues from a more consumable item, like a virtual cup of coffee or a jolt of energy, would be recognized almost immediately.

And there are still other factors to take into consideration, such as whether the goods were paid for with virtual currency or real cash, and how much information a company has for establishing the averages.

In the Revenue Weeds

Another interesting thing to study will be the revenue breakdown for Zynga, especially as it relates to its biggest platform provider, Facebook.

Such as: How many in-game items are purchased directly on Facebook versus through gift cards purchased in the store? How big (or small) is Zynga’s advertising business? What about mobile games? Will the profitability of individual games be called out, with details about their performance?

And, of all its various distribution platforms for its games, where does it get the most mojo?

That’s important, since Zynga will be seen as a proxy for Facebook’s business. Thus, a lot of investors might find some nuggets of information, since the pair are so tightly intertwined as businesses.

Facebook, of course, has been famously trying not to IPO, so any indication of the social networking site’s business will be carefully studied.

Reaping the Insider Rewards

Lastly, it’ll be important to see who is selling what and when among current Zynga investors.

Groupon ran into a buzz saw of criticism from the giant payouts its founders took out of the company from its massive venture funding rounds.

As Peter Kafka wrote:

Groupon raised a total of $946 million in two funding rounds last winter. It kept $136 million of it to help run the money-losing company. The remaining $810 million was paid out, via stock purchases, to CEO Andrew Mason and some of his backers, including Eric Lefkofsky, and, notably, the Samwer brothers, who sold their CityDeal company to Groupon in 2010 … Of note: This wasn’t the first time Groupon had raised money and taken cash off the table. In April 2010, the company raised $130 million, and handed $120 million to many of the same people.

My definition: Even sketchier!

Along with its founder and CEO Mark Pincus, Zynga investors are the pantheon of venture players, including Digital Sky Technologies, Kleiner Perkins, Union Square Ventures and angel investors LinkedIn founder Reid Hoffman and Peter Thiel.

How much Pincus and others inside the company have taken out and are selling should be one of the first places new investors should look.

Because with the hyped valuations that many of these Web 2.0 companies are getting, who’s zooming who should be a key sign to pay mind to.

Some employees are alleging they were duped via complicated legalese and double-talk in employment contracts about how their shares would be handled upon termination or voluntary departure from the Internet telephony giant.

That matters, since Skype was recently sold to Microsoft for $8.5 billion, well above previous valuations. Thus, those who were, as a Skype PR person said, not in it to win it, um, lost.

Dramatic stuff, to be sure. But, even with all the fervor around the employment contract issue, the handwringing about what it means for compensation issues in Silicon Valley and a whole big dose of how private equity companies (in this case, a firm that had bought Skype called Silver Lake) are evil, it’s struck me as little more than an insider read-the-legally-obtuse-contract dispute.

And, although I love Reuters’ Felix Salmon’s epic tsk-tsking posts, that’s why I like to see real documents as proof of what people knew and when.

Apparently, a lot and rather clearly from this PowerPoint that was given to employees of Skype as of December 2009 as part of its changing ownership, after Silver Lake and other investors bought it from eBay.

While it’s not proof of what employees got it — typically, it is standard HR policy to hand this stuff out to everyone — and who read it (no accounting for slaggards!), it is pretty clear on what happens upon leaving Skype, either by a firing or quitting.

On the eighth slide, as you can see above, it says, in part:

“Good Leaver”: someone who gets fired without “Cause”

* Gets the fair-market value of their currently vested options

“Bad Leaver”: someone who resigns, or is fired for “Cause”

* Skype buys back their options at the lower of fair-market value or strike price

* This provision lapses post-IPO

It seems pretty buyer-beware clear, but check it out for yourself:

Skype – Employee Presentation

It seems Cameron and Tyler Winklevoss, the Don Quixote twins of the digital age, have tilted at yet another legal windmill unsuccessfully.

So now, after losing another court challenge to overturn a previous court challenge, they’ll have to settle for $65 million.

Actually, $100 million, which is how much shares in Facebook have appreciated since the pair and also Divya Narendra settled with the social networking giant.

Said the ruling from the U.S. Circuit of Appeals for the Ninth Circuit, in part:

The Winklevosses are not the first parties bested by a competitor who then seek to gain through litigation what they were unable to achieve in the marketplace. And the courts might have obliged, had the Winklevosses not settled their dispute and signed a release of all claims against Facebook. With the help of a team of lawyers and a financial advisor, they made a deal that appears quite favorable in light of recent market activity. For whatever reason, they now want to back out. Like the district court, we see no basis for allowing them to do so. At some point, litigation must come to an end. That point has now been reached.

The end? Say it ain’t so! BoomTown, for one, will miss those big lugs.

Not so much Facebook co-founder and CEO Mark Zuckerberg, especially since the pair allege the tech wunderkind stole the idea for the start-up while a student at Harvard University.

After much legal mishegas, they got $20 million and 1.25 million shares at a price of $8.88 each.

And that’s more than enough, said court to the the Winklevii–it’s their eternal nickname in Silicon Valley now–and they can’t back out of a settlement they made in 2004.

As for the specifics, the three-judge panel struck down every Winklevoss argument:

- They said the terms of the Facebook deal introduced after mediation were typical.

- They said Winklevii should have been sophisticated enough to understand valuation.

- They said Winklevii couldn’t use the sealed mediation settlement documents to argue their case.

It’s true, but it’s also sad to see it all over, since all the litigiousness between Zuckerberg and the Olympic rowing brothers has been so dramatic that it was the subject of the almost Oscar-winning movie, “The Social Network.”

But maybe they can go to the Supreme Court! One can dream!

And with their latest loss and all the Google machinating against Facebook, who’s up for a sequel: “Geek Wars: The Empire and the Vii Strike Back.”

In a statement, Colin Stretch, deputy general counsel of Facebook said: “We appreciate the Ninth Circuit’s careful consideration of this case and are pleased the court has ruled in Facebook’s favor.”

Here’s the full ruling:

08-16745

Jim Bankoff, the fomer AOL exec responsible for buying Engadget for the Internet portal, has grabbed eight staffers who had recently left the huge tech site amid tensions, in order to start a new gadget property.

The site–which is still unnamed and will be run by outgoing Engadget Editor-in-Chief Josh Topolsky–will debut sometime in the fall. It is the first content expansion at the Washington, D.C. sports news site SB Nation, which is helmed by Bankoff.

“The technology we built is applicable beyond sports,” said Bankoff, in an interview with BoomTown tonight. “It was an opportunity to apply our model…into another content category where there was an overlap in demographics.”

That would be fanboys and, well, boys-who-will-be-boys.

UPDATE: In related news, sources said that AOL has zeroed in on Tim Stevens, Engadget’s automotive editor to replace the outgoing Topolsky. The New York-based company had already named Darren Murph as its new managing editor.

Now Stevens will be competing with Topolsky, as well as managing editor Nilay Patel, who will also lead the Engadget tech-exodus (techxodus?). The others include former Engadget staffers Paul Miller, Joanna Stern, Ross Miller, Chris Ziegler, Justin Glow and Dan Chilton.

Stern and Ziegler are still on Engadget’s editors site as current employees.

All of the above had left Engadget in a series of departures of late, all due to increasing unhappiness with AOL’s management and content strategy.

Paul Miller and Ross Miller, who are not related, both stated publicly that they did not like the editorial direction AOL was going in, especially a controversial content strategy document titled “The AOL Way.”

In his blog post, Topolsky threw another smackadoo at AOL, noting “SB Nation believes in real, independent journalism and the potential for new media to serve as an answer and antidote to big publishing houses and SEO spam–a point we couldn’t be more aligned on.”

New AOL content head Arianna Huffington has shifted toward a more journalistic path, but the talent bleed began before AOL’s $315 million purchase of the Huffington Post.

In a blog post, which is embedded below, Topolsky said the new SB Nation gadget site will be similar in pace and topic, but it will be broader than Engadget.

The move is an interesting one for SB Nation, which completed a $10.5 million Series C round, led by Khosla Ventures, in the fall.

It had already raised about $13 million in total venture funding from Accel Partners, Allen & Company and Comcast Interactive Capital, as well as from angel investors such as Ted Leonsis and others in Silicon Valley.

In related news, also restarting tomorrow will be a popular gadget podcast that Topolsky, Patel and Paul Miller had done for Engadget.

The New York Times’ David Carr mentioned the new site in the middle of a column earlier tonight.

Here is Topolsky’s blog post on the move, titled “This Is My Next Project”:

As you may have already heard (or read), there’s some activity going on in the world of Joshua Topolsky. Earlier this evening, David Carr published a piece in the New York Times about a new project that I’m embarking on…and I want to just say a few things about it.

Firstly: yes, this is happening. I’ve decided to join the team at SB Nation to build something brand new in the tech space. Now I know it might seem odd to some that I would be partnering with a sports publisher to build a technology news site, but that’s only half the story. This isn’t just about sports, or tech, or lone silos. What we will build together at SB Nation is a new media company–buoyed by the absolutely incredible work SB Nation has already done in publishing–and part of that new media company will be the as-yet-unnamed gadget and technology site that I’ll be working over the next few months to create. When we launch (hopefully in the fall), I will be editor-in-chief of a property that I hope will inform, entertain, and engage fans of technology in whole new ways.

I should say that I wouldn’t want to build something like this alone, and thankfully, I won’t have to. I’ll be joined by some very good friends at this new venture–people like Nilay Patel, for instance.

Of course, the natural question I’m sure a lot of people have is: why SB Nation? The easy answer is that the people at SB Nation share my vision of what publishing looks like in the year 2011. They think that the technology used to create and distribute news on the web (and mobile) is as important as the people who are responsible for the content itself. And that’s not just pillow talk–SB Nation is actively evolving its tools and processes to meet the growing and changing needs of its vast editorial teams and their audience communities. They’re building for the web as it is now. From the perspective of a journalist who also happens to be a huge nerd, that’s a match made in heaven. SBN isn’t just another media company pushing news out–it’s a testbed and lab for some of the newest and most interesting publishing tools I’ve ever seen. In short, I was blown away when I saw what kind of technology they’re using to get news on their front page and engage audiences, and even more blown away when I started talking to them about what could come next.

But beyond the technology (and possibly more important than the technology), there’s another factor here that’s driving my decision. It’s that SB Nation believes in real, independent journalism and the potential for new media to serve as an answer and antidote to big publishing houses and SEO spam–a point we couldn’t be more aligned on. This is a group of people that not only think independent media works, but are reaping the rewards of new publishing done right. As the fastest growing online sports publisher, they’re seen as a source for credible and honest journalism, which is why industry stalwarts like Rob Neyer have recently joined their ranks (ranks which include hundreds of talented sports experts). This isn’t tabloid page grabbing or content farming–it’s news and insight by and for a passionate and informed group of people. And that’s exactly where I want to be.

So, what happens next? We get to work.

In the coming months I’m going to be laser focused on one thing: building the best tech site in the world–and I would love to hear what you guys think the next phase in technology and gadget news should look like. Ping me with ideas, gripes, or even better–come and work here! SB Nation is looking for new developers as we speak, and as we ramp up to launch, we’ll be bringing on lots of talent to work both on the front page and behind the scenes.

I couldn’t be more excited and enthusiastic about what we can build right now, and I can’t wait to share what we’re going to make with the rest of the world. The months ahead are going to be filled with lots of early mornings and sleepless nights, intense debates, triumphs, and trials–and I can’t wait.

The culmination of the deal–which has already been approved by regulators–is set to be announced by the New York-based company this morning, only one month after it was struck.

And–in a clear sign of the shift in its focus toward a more editorially driven direction under the now-official content head Arianna Huffington (pictured here)–sources said the closing will be accompanied by the announcement of the hiring of a half-dozen journalists to AOL’s new Huffington Post Media Group unit.

Among the new reporters are some more high-profile grabs from other media giants, including The Daily’s Jon Ward. He has been the Washington bureau chief for New Corp.’s high-profile online newspaper, which only recently launched.

Also set to join AOL is Yahoo’s senior media writer Michael Calderone.

Interestingly, along with more experienced editorial staff, sources said the announcement will also include new hires via the Huffington Post’s Jefferson Program for Young Journalists.

Sources said the new hires are only the beginning of a series of them, as the impact of the leadership of Huffington becomes clearer.

Along with the news and opinion site, the well-known media personality is now in charge of all of AOL’s varied content properties, including its locally aimed Patch.

Huffington, with obviously strong support from AOL CEO Tim Armstrong, has been talking a lot in a plethora of interviews since the deal was announced a few weeks ago about the importance of creating a new media organization focused on original reporting.

In a way, AOL is now competing with big news sites such as those on Yahoo, as well as smaller niche content and also mainstream entities.

Even before the deal was struck with AOL, the Huffington Post had been heading down that path of pulling in mainstream journalists. Last year, it hired former New York Times economics writer Peter Goodman and former Newsweek columnist Howard Fineman, among others.

The formula? Adding the strong journalism reputation of these reporters to the eclectic mix of socializing, blogging, celebritizing and aggressive aggregating that the site has used to garner huge amounts of traffic in recent years.

As I had previously written, the AOL Way–the same for a strategy document about content on the site–is now the Arianna Way.

Here are Huffington and Armstrong talking about such issues in in an exclusive video interview BoomTown did with them just before they announced the deal on Super Bowl Sunday about a month ago:

]]> http://allthingsd.com/20110307/aol-deal-closes-today-as-more-high-profile-huffington-post-journalism-hires-signal-new-direction/feed/ 1 http://allthingsd.com/20110201/salesforce-buys-manymoon/ http://allthingsd.com/20110201/salesforce-buys-manymoon/#comments Tue, 01 Feb 2011 21:44:04 +0000 Kara Swisher http://kara.allthingsd.com/?p=40098

Salesforce.com has bought Manymoon, the social productivity start-up.

The price of the acquisition was not disclosed, but one source put the sale at between $25 million and $35 million.

Manymoon makes one of the more popular tools on Google’s apps platform.

The San Francisco company, funded with only a small seed funding round by Harrison Metal, offers an online collaboration app that businesses and consumers can use to organize group projects, conversations, tasks or documents that are often done via email or other software.

Manymoon is rather typical of the innovative app makers the search giant has been courting to populate its marketplace.

Salesforce.com has been moving aggressively into social networking in the enterprise arena with its Chatter offering and more.

Earlier today, in fact, it was also part of a $4 million funding of Seesmic, the social dashboard app maker.

Here is the Manymoon blog post–which just went up–on the sale, as well as a video interview BoomTown did with its co-founders Amit Kulkarni and Manav Monga, just as Manymoon joined the Google Apps Marketplace store rollout in March:

Manymoon Acquired by Salesforce.com

February 1, 2011

Today we are excited to announce that Manymoon has been acquired by salesforce.com!

Manymoon has experienced tremendous growth since our launch, with more than 50,000 businesses adopting our social productivity app. We’ve launched on three major web platforms: Google Apps, LinkedIn, and the Google Chrome Web Store. We think we’re on to something special, building an easy-to-use application that integrates with the tools you already use to help you get work done. Over 1,000 new businesses choose Manymoon each week to track any type of work activity with anyone from anywhere.

We’re looking forward to even more growth in 2011, and are thrilled to now be part of salesforce.com, the leader in enterprise cloud computing, to continue to deliver an amazing social productivity application for everyone to use.

What Does This Mean for Manymoon Customers?

We’ll still be the Manymoon that helps you get work done. The Manymoon team will remain intact and will operate as a separate business within salesforce.com so we can continue our focus on building a great social app that makes our customers more productive and successful every day.

The Manymoon you know and love will remain the same:

* Manymoon Standard, our free product, will continue to be available for existing and new customers. In fact, we’ll continue to add features to our free product. And, if you want to upgrade, you are welcome to do that through the Manymoon website whenever you like.

* Existing premium features, subscriptions and price points will remain unchanged.

* Manymoon will continue to work with Google Apps, LinkedIn and the Chrome Web Store. And, we will continue to develop new features to enhance support of these platforms.

*We’ll continue to support our customers in the Manymoon Support Universe.

Salesforce.com and Manymoon Together

Our approach to the market remains unchanged: work with the tools that people already use online (Google Apps, LinkedIn, Chrome), build an app that requires no training or setup, focus on serving the daily productivity needs of professionals and be on the cutting edge of the latest technologies like HTML5. As we’ve grown, we’ve learned that serving customers is more than just building an app with nifty features. It includes providing scalability, security, performance and support–all areas in which salesforce.com has a proven track record.

Like most startups, we admire salesforce.com as the original cloud computing company that made this industry possible. Over the last 12 years salesforce.com has been an evangelist and driver for bringing applications, platforms and collaboration to the cloud. We’re excited to be part of their vision for cloud, social and mobile, utilize their knowledge and experience to build a world-class social productivity app, and move even faster in delivering new capabilities to you!

What’s Next?

We are going to invest more in what you’ve told us you like about Manymoon: Google Apps, LinkedIn and Chrome Web Store support. You can expect to see many of the key social productivity features you’ve requested released in the near future. We’re also going to be working on some exciting, new developments in the coming months…so stay tuned!

Thanks,

The Manymoon Team

]]> http://allthingsd.com/20110201/salesforce-buys-manymoon/feed/ 1 http://allthingsd.com/20110125/verizon-to-iphone-users-you-will-buy-the-30-per-month-unlimited-data-plan-and-you-will-like-it/ http://allthingsd.com/20110125/verizon-to-iphone-users-you-will-buy-the-30-per-month-unlimited-data-plan-and-you-will-like-it/#comments Tue, 25 Jan 2011 11:29:22 +0000 John Paczkowski http://digitaldaily.allthingsd.com/?p=56306 When the iPhone goes live on Verizon’s network on Feb. 10, the carrier will indeed offer it with an unlimited data plan, as I reported earlier this month. But not because of an exception it’s made for the iPhone–because it’s doing away with its tiered smartphone data plan entirely.

A data-service pricing document leaked to Engadget suggests Verizon has scrapped its $15-for-150MB plan, leaving a mandatory $30-per-month unlimited data plan as the sole option for “feature phones and 3G smartphones” like the iPhone. Note the specificity of that designation–it excludes upcoming LTE handsets, which will presumably debut with higher, tiered data-pricing plans.

Meanwhile, rival AT&T continues to offer the iPhone with two capped data plans–200MB for $15 a month, and 2GB for $25.

[Image Credit: Engadget]

]]> http://allthingsd.com/20110125/verizon-to-iphone-users-you-will-buy-the-30-per-month-unlimited-data-plan-and-you-will-like-it/feed/ 8 http://allthingsd.com/20110118/scribd-raises-13m-more-for-web-docs/ http://allthingsd.com/20110118/scribd-raises-13m-more-for-web-docs/#comments Tue, 18 Jan 2011 20:02:57 +0000 Liz Gannes http://networkeffect.allthingsd.com/?p=2453 Scribd has raised $13 million in a Series C funding led by MLC Investments of Australia and SVB Capital, and including previous investors Redpoint Ventures, Charles River Ventures and Kinsey Hills Group.

The Web-hosted document company, founded as a sort of YouTube for PDFs in 2006, now has raised a total of $26 million.

Based in San Francisco, Scribd says it has more than 60 million monthly visitors, and attributes recent traffic growth to its social sharing initiatives on sites like Facebook. In addition to pure hosting, it offers users nifty OCR technology that translates document images into searchable files for free.

Scribd is planning a major mobile expansion for 2011, and said it would use the funding toward that effort as well as for other product and revenue projects.

]]> http://allthingsd.com/20110118/scribd-raises-13m-more-for-web-docs/feed/ 0 http://allthingsd.com/20110108/twitter-responds-to-wikileaks-document-demand-by-feds/ http://allthingsd.com/20110108/twitter-responds-to-wikileaks-document-demand-by-feds/#comments Sat, 08 Jan 2011 08:25:16 +0000 Kara Swisher http://kara.allthingsd.com/?p=39304

Twitter has been ordered by a U.S. federal judge to turn over documents related to several people involved with WikiLeaks to the Justice Department.

Tonight, a Twitter spokeswoman responded to a request for comment on the situation:

“We’re not going to comment on specific requests, but, to help users protect their rights, it’s our policy to notify users about law enforcement and governmental requests for their information, unless we are prevented by law from doing so. We outline this policy in our law enforcement guidelines.”

In an onstage interview I did with Twitter CEO Dick Costolo at a D@CES event last night in Las Vegas, he referenced the issue, but would not give any specifics.

While he said he could not talk about WikiLeaks specifically, he indicated that he disliked government mandates to keep things quiet and reiterated Twitter’s desire to connect people with useful information.

“We’re going to lash out at things that prevent us from doing that, as aggressively as we can,” said Costolo, who also used Twitter crackdowns in China as an example.

It might be a Herculean task to fight the federal government, which is aggressively going after WikiLeaks and its founder, Julian Assange.

Some Web companies, such as eBay’s PayPal unit, have cut off WikiLeaks.

On the other hand, Twitter took legal action to unseal the court order, which allowed it to inform those involved, giving them 10 days to object. Otherwise, the San Francisco microblogging service would have had to turn over information without the knowledge of these users.

There will surely be more of these to other Web companies, with obvious candidates being Google and Facebook.

The order from the U.S. District Court for the Eastern District of Virginia is ordering Twitter to fork over subscriber names, user names, screen names, mailing addresses, residential addresses and more of several people involved with WikiLeaks.

But you can read for yourself–here is the court order, as well as the unsealing order:

twitter1

twitter2

]]> http://allthingsd.com/20110108/twitter-responds-to-wikileaks-document-demand-by-feds/feed/ 10 http://allthingsd.com/20101221/one-in-five-to-own-tablet-by-2014-poll-finds/ http://allthingsd.com/20101221/one-in-five-to-own-tablet-by-2014-poll-finds/#comments Tue, 21 Dec 2010 14:35:16 +0000 Ina Fried http://mobilized.allthingsd.com/?p=1179 A new study finds that one in five American adults has plans to buy a tablet by 2014. The study, commissioned by Fuze Box and conducted by Harris Interactive, found that men are more likely consumers than women, with the young more likely than the old to plan a tablet purchase. In short, expect about 40 million Americans to buy a tablet in the next three years.

While that’s a significant number to be sure, I’m beginning to wonder if even that figure will be large enough to support all the players entering the tablet fray.

There are the incumbents like the iPad and Samsung’s Galaxy Tab. Motorola is gearing up to launch a Honeycomb-based Android tablet at CES. HP has said it is working on a Palm Tablet (which Fox News says is coming at CES), while RIM is readying its PlayBook for release around March.

And that’s just the big guys. Expect to hear a lot of smaller firms enter the tablet fray as well, including many at CES. Education-centered tablet maker Kno–which announced its product at last year’s D conference–has started shipping its large dual-screen and single-screen models, while Notion Ink has been further teasing its Adam tablet.

Plus, Microsoft, which has been on the outside looking in at the early slate growth, hopes to get back into the game next year as well.

Even with a big market, that leaves a lot of companies angling for a piece of the pie.

For its part, Fuze Box is touting the fact that a lot of these tablets (37 percent) will be used, at least in part, for business purposes.

But other uses will also abound. Half of users plan to use it for social networking, while even more will use it for computing tasks like sending email (75 percent), browsing the Web (78 percent), and reading books and other publications (53 percent).

As far as work uses, correspondence topped the list, followed by online meetings, marketing and training.

“Since before the iPad launched in April, we’ve persisted that tablets would soon become a widely used business tool,” Fuze Box CEO Jeff Cavins said in a statement. “With 2 in 5 tablet owners using their device for business by 2014, we have officially entered the post PC era and the potential is there to reinvent the business environment for collaboration with portable and tactile computing devices, complete with cameras, document sharing, cloud computing, and storage.”

]]> http://allthingsd.com/20101221/one-in-five-to-own-tablet-by-2014-poll-finds/feed/ 0 http://allthingsd.com/20101221/viral-video-julian-assange-is-a-samantha-but-a-charlotte-to-the-swedish-police/ http://allthingsd.com/20101221/viral-video-julian-assange-is-a-samantha-but-a-charlotte-to-the-swedish-police/#comments Tue, 21 Dec 2010 08:15:28 +0000 Kara Swisher http://kara.allthingsd.com/?p=38785 BoomTown was deep in meetings at the Dow Jones mother ship in New York yesterday with more suits than you can find at Barneys, so I failed to get up this latest Julian Assange spoof from “Saturday Night Live.”

Here the WikiLeaks leader comments on Facebook’s Mark Zuckerberg recently beating him out for Time magazine’s Person of the Year.

The faux Assange is not happy that social networking beat out classified documents.

This skit–the third so far–seems to be getting funnier each time:

]]> http://allthingsd.com/20101221/viral-video-julian-assange-is-a-samantha-but-a-charlotte-to-the-swedish-police/feed/ 0 http://allthingsd.com/20101210/when-facebook-bought-connectu-from-the-winklevii-or-parsing-legal-filings-for-fun/ http://allthingsd.com/20101210/when-facebook-bought-connectu-from-the-winklevii-or-parsing-legal-filings-for-fun/#comments Fri, 10 Dec 2010 16:30:36 +0000 Liz Gannes http://networkeffect.allthingsd.com/?p=1095 Earlier this week there was some confusion about outlets reporting that Tyler and Cameron Winklevoss had filed another lawsuit against Facebook CEO Mark Zuckerberg for stealing the social networking idea they had asked him to develop for them back when they were all students at Harvard. While the Daily Mail story on the matter has been taken offline, Radar posted a PDF court filing of a Facebook brief to the U.S. District Court in California, where the Winklevii had appealed their argument that the $65 million settlement they had extracted from Facebook was nonbinding and constituted securities fraud, given information Facebook had not shared with the brothers about its valuation.

The brief was actually filed back in June, and I found a better, watermark-free copy of it here on the Web site of the Winklevoss lawyers. Last night I took the time to read it in full, and it was surprisingly not boring.

Perhaps the most revelatory thing in the Facebook filing is that Facebook’s lawyers seem to be having fun with the case. Their writing is laden with imagery and over-the-top exasperation with the Winklevii’s allegedly poorly formed legal arguments. Here’s the dramatic intro to the brief:

This appeal arises from the settlement of rancorous litigation on two coasts. On one side were Appellees Facebook, Inc. and its founder and CEO Mark Zuckerberg. On the other side were the Appellants, who founded a failing competitor of Facebook’s called ConnectU. The CU Founders claimed that they had the idea for Facebook first, and Facebook stole their idea. Facebook denied those claims and, for its part, accused ConnectU and its Founders of unlawfully infiltrating its systems, stealing millions of email addresses, and then spamming them. During a global mediation, the parties signed a “Term Sheet and Settlement Agreement.” In the interest of achieving litigation peace, Facebook agreed to purchase ConnectU for [redacted] dollars and [redacted] shares of Facebook stock, one of the hottest startups in the world. Surrounded by a bevy of lawyers, the CU Founders signed the deal. Then they suffered a bout of settlers’ remorse. They ask this Court to relieve them of the deal they struck to plunge back into scorched-earth litigation.

Besides the writing, the other thing that’s interesting is the information about the terms of the relationship between Facebook and ConnectU. While the story has been simplified into a Hollywood-style betrayal as portrayed in “The Social Network,” the outcome of Zuckerberg and the Winklevii’s legal mediation is much less widely reported.

As part of its settlement with the Winklevoss twins, Facebook agreed to acquire their social network ConnectU (which they eventually did find someone to build), and has been “operating” it since Dec. 2008, the filing says (the site itself is offline).

Facebook contends that this earlier agreement to buy ConnectU was final, while the Winklevii are calling it a draft (their co-founder Divya Narendra has publicly said he’s moved past the Zuckerberg vendetta, though he’s mentioned in the filings as well).

The settlement came after closed-door professional mediation in February 2008. Facebook says it’s outraged that the Winklevii and their lawyers are bringing conversations from mediation back into the appeal, because all involved were sworn to confidentiality.

(You can also read the ConnectU appeal brief for the case to which Facebook was responding. However the bits from the mediation that were supposed to be confidential have been blacked out.)

But after the settlement, ConnectU came back to the table asking for its share to be revalued. It had originally negotiated using a publicly reported valuation from when Microsoft invested in Facebook, rather than an internal valuation from around the same time that would have priced the shares much lower ($8.88 versus $35.90). A revaluation of the shares to a smaller amount would give the twins a larger stake in the company.

And also, the Winklevii wanted the transaction to be labeled a merger instead of an acquisition so they could avoid paying some taxes on it.

Facebook replied in the June brief, again in remarkably florid fashion:

“First, the CU Founders try to leave this Court with the impression that the only valuation figure they knew was the $15 billion figure from the Microsoft press release, and that they, therefore, had reason to enshrine it as gospel. They also portray the one 409A valuation on which they rely here as some seismic event in the life of the company, as if an unexpected bolt of lightning from on high emblazoned $8.88 onto a couple of tablets. Both the impressions are false.”

Facebook, by the way, to add insult to injury, says the internal valuation of its shares at the time of the Microsoft investment was actually even lower than the Winklevoss lawyers are arguing: Six days before the Microsoft transaction, Facebook had filed a document valuing employee stock options at just $6.61.

The attorney who signed the Facebook brief is Monte Cooper of Orrick, an intellectual property specialist. I hope he also writes novels in his spare time.

Please see the disclosure about Facebook in my ethics statement.

]]> http://allthingsd.com/20101210/when-facebook-bought-connectu-from-the-winklevii-or-parsing-legal-filings-for-fun/feed/ 4 http://allthingsd.com/20101208/paypal-releases-funds-to-wikileaks-as-supporters-strike-back/ http://allthingsd.com/20101208/paypal-releases-funds-to-wikileaks-as-supporters-strike-back/#comments Wed, 08 Dec 2010 23:29:45 +0000 Tricia Duryee http://emoney.allthingsd.com/?p=380 PayPal has just released the remaining funds in the account associated with WikiLeaks today, after restricting access to the account last week, according to a PayPal blog post.

The release of funds follows a number of denial-of-service attacks earlier this week that were aimed at the document-leaking site’s providers. Most of the providers are now refusing to work with WikiLeaks after the U.S. government accused it of being in possession of documents that were provided in violation of U.S. law.

Yesterday, WikiLeak’s founder Julian Assange was arrested and denied bail in London. He’s accused of sexual misconduct in Sweden.

While PayPal is releasing the residual funds to WikiLeaks, it is not reinstating the ability for it to receive donations.

PayPal was caught up in a brief media storm this morning, after PayPal’s VP of Platform Osama Bedier gave the impression at LeWeb in Paris that PayPal had cut off access to WikiLeaks because of direct pressure by the U.S. government.

PayPal now wants to set the record straight, and says that it reviewed its policies regarding WikiLeaks after the U.S. Department of State publicized a letter stating that WikiLeaks may be in possession of documents that were provided in violation of U.S. law. The letter was published, and not sent to PayPal directly.

“PayPal was not contacted by any government organization in the U.S. or abroad. We restricted the account based on our Acceptable Use Policy review,” writes PayPal’s General Counsel John Muller. “Ultimately, our difficult decision was based on a belief that the WikiLeaks website was encouraging sources to release classified material, which is likely a violation of law by the source.”

Further, the company disclosed that twice before–in 2008 and 2009–PayPal reviewed and restricted the account associated with WikiLeaks “for reasons unrelated to our Acceptable Use Policy. As soon as proper information was received from the account holder, the restrictions were lifted.”

PayPal has been one of many providers that have been the victim of computer attacks, where servers were inundated with traffic. A spokesperson told us that it mostly affected the company’s blog site, and did not directly affect its payments services.

Other affected companies include MasterCard and Swiss bank PostFinance, The Wall Street Journal reports. No one is yet claiming responsibility for the attacks, but some say they are being organized by the ad hoc “Operation Payback.”

]]> http://allthingsd.com/20101208/paypal-releases-funds-to-wikileaks-as-supporters-strike-back/feed/ 12 http://allthingsd.com/20101019/adobe-revamps-acrobat-software-mobile-apps/ http://allthingsd.com/20101019/adobe-revamps-acrobat-software-mobile-apps/#comments Tue, 19 Oct 2010 07:00:05 +0000 Cari Tuna http://voices.allthingsd.com/?p=31252 Adobe Systems on Monday unveiled the latest version of its Acrobat suite of software for creating and viewing PDF files, the company’s latest move to bolster its influence over the popular document format and boost revenue from program sales and upgrades.

The suite–dubbed Acrobat X–builds on features introduced in 2008 in Acrobat 9, which allows users to embed and view video, Web pages and other dynamic content in PDF files. (The Adobe-originated technology stands for portable document format, for those thay may have forgotten).

By allowing users to include a wide variety of content in PDF files, Adobe hopes to capitalize on “the need that people have today to communicate with a lot more rich media” and eliminate the need for users to send different types of content in separate files, says Rob Tarkoff, senior vice president of Adobe’s Digital Enterprise Solutions unit.

Read the rest of this post on the original site

]]> http://allthingsd.com/20101019/adobe-revamps-acrobat-software-mobile-apps/feed/ 0 http://allthingsd.com/20101014/apples-ping-wants-rock-and-roll-but-no-sex-and-drugs/ http://allthingsd.com/20101014/apples-ping-wants-rock-and-roll-but-no-sex-and-drugs/#comments Thu, 14 Oct 2010 12:00:00 +0000 Peter Kafka http://mediamemo.allthingsd.com/?p=24506 Ping may never move beyond the “interesting idea, executed poorly” stage. But it might! And in any case, it’s Apple, so if you’re a music act you ignore it at your own risk.

Which means those acts need to create a “profile” for Steve Jobs’s social network. An Apple (AAPL) document making the rounds (Apple has confirmed its authenticity to me) explains how. You can read the whole thing at the bottom of this post.

Most of it concerns technical specs about things you don’t care about, like video formats. Here’s one part you might be interested in–some of Apple’s edicts regarding the content of artists’ profiles:

• Videos, photos, and text posts should not contain pornography, hate speech, racism, nudity, or any references to or depictions of drug use.
• Posts should not include advertisements or links to sites outside of iTunes.
• Posts should not contain links to other content providers.

The first item is sort of obvious, but still worth noting. Because theoretically, if the Beatles ever do make it to iTunes, they’re going to have a hard time promoting some of their songs. Like this one.

But that rule seems like the kind of thing that Apple can change or ignore at will–just like its “no porn except sometimes” ban in the iTunes app store. And anyway, artists have always found ways to put up with, or ignore, these kinds of restraints.

The rules about not posting to links outside of iTunes are more worrisome. Because it’s telling music acts to ignore the digital assets they’ve painstakingly built up on MySpace, Twitter, Facebook and anywhere else on the Web.

Makes sense for Apple, but not for anyone else.

artist_bestpractices_1.0-1

]]> http://allthingsd.com/20101014/apples-ping-wants-rock-and-roll-but-no-sex-and-drugs/feed/ 3 http://allthingsd.com/20100719/digital-musical-chairs-google-exec-to-scribd-apple-exec-to-aol-yahoo-exec-to-google/ http://allthingsd.com/20100719/digital-musical-chairs-google-exec-to-scribd-apple-exec-to-aol-yahoo-exec-to-google/#comments Tue, 20 Jul 2010 04:56:57 +0000 Kara Swisher http://kara.allthingsd.com/?p=30859 Oh, the game of musical chairs in the digital sector never seems to stop.

Here’s today’s Silicon Valley roundelay:

Rob Macdonald (pictured here), head of traditional media and publisher partnerships at Google (GOOG), just joined online publishing and document-sharing start-up Scribd as SVP of business development.

He will be based in New York, where Scribd is opening an office too.

Over at AOL (AOL), former Yahoo (YHOO) exec Brad Garlinghouse has snagged longtime Apple veteran Alan Eyzaguirre (pictured here) as the new VP of AOL Mail.

Eyzaguirre, who was most recently director of software product marketing in Europe at Apple, will be based in Mountain View, Calif.

But Google is not without seat at this job switcheroo–it has hired Venkat Panchapakesan (pictured here), a high-ranking former Yahoo tech exec and a longtime company veteran who left the Internet giant last year to be an entrepreneur-in-residence at Greylock Partners.

At Yahoo, Panchapakesan was last EVP of the Audience Technology Group and at Google will be VP of Enterprise Engineering, according to his new LinkedIn status.

]]> http://allthingsd.com/20100719/digital-musical-chairs-google-exec-to-scribd-apple-exec-to-aol-yahoo-exec-to-google/feed/ 0 http://allthingsd.com/20100519/viral-video-hotmail-updates-from-dark-ages/ http://allthingsd.com/20100519/viral-video-hotmail-updates-from-dark-ages/#comments Wed, 19 May 2010 07:05:34 +0000 Kara Swisher http://kara.allthingsd.com/?p=28561

Well, it took Microsoft long enough to update the features of Hotmail, which the company is announcing this week.

Some new doodads include better filtering, more social integration, lots of multimedia content, such as photo slideshows and–perhaps most importantly–the ability to use Microsoft Office software documents like PowerPoint within the online email service.

It’s a wonder it took so long for Microsoft (MSFT) to upgrade and innovate–Dear Windows Live Hotmail team, conversation views in email is not new to anyone but you–the service, although it remains No. 2 after Yahoo (YHOO) Mail. Google (GOOG) Gmail is third.

Microsoft, which blogged about the changes here, has called the whole shebang of releases in its Window Live services “Wave 4.”

Wave 3, um, was in 2008.

Still, here is a very good Microsoft video about it all, though I am not sure what’s up with the orange-dot lady:

]]> http://allthingsd.com/20100519/viral-video-hotmail-updates-from-dark-ages/feed/ 2 http://allthingsd.com/20100512/gathering-vitals-of-your-so-called-scattered-life/ http://allthingsd.com/20100512/gathering-vitals-of-your-so-called-scattered-life/#comments Thu, 13 May 2010 01:03:15 +0000 Walter S. Mossberg http://ptech.allthingsd.com/?p=1297 The important records of most people’s lives are too often hard to find when you need them. Some are on paper, scattered in folders, drawers or boxes in homes and offices. Others are in digital files on one or more computers.

For years, there have been software programs and Web sites that try to corral portions of this information. Some of these digital products offer to organize your online IDs and passwords. Others focus on financial, health, or other information.

But a couple of relatively new products aim to digitally collect your important data in all these categories in one easy-to-access place: either on your computer or on the Web. One is Orggit, launched last fall by a Chicago-based company called Morgan Street Document Systems. The other is InformationSafe, launched in January by New York company Ascend Partnerships.

Orggit, available at orggit.com, costs $50 a year. InformationSafe, available at infosafe.com, is $50 for a desktop version or $50 a year for a Web version. A backup service for the desktop version of InformationSafe is $30 a year.

I’ve been testing both, and found each fairly easy to use and potentially very valuable, especially as your life gets more complicated. It’s a real bonus to be able to find everything in one place, even scanned paper documents. Both products work on either Windows PCs or Macs.

They also share some important downsides. As you might expect, they are only effective if you take the time and effort to enter all your information, from passwords to credit-card information to all the medications you take, and more. That can be a chore, even though both products try to make it easier with predefined templates for each type of data.

Another downside: security. Anything stored digitally, especially online, is vulnerable to criminal hackers. Both products offer multiple log-in plans, not just passwords but things like photos or important dates in your life that you must identify. Both also use a tough form of encryption typically favored by the government and banks. But there are no guarantees.

On this issue, InformationSafe has the edge. While it offers a Web-based version, it also comes in a version that exists only on your local computer, or on a removable drive. The company says this local version is chosen by 80% of its users. Orggit is purely Web-based, and can be accessed from any computer or from Orggit’s nicely designed free iPhone app.

InformationSafe’s desktop version is less convenient, because it can’t be accessed remotely. But it’s more secure. Still, even data stored only on a local computer or drive can be compromised by a determined hacker who targets it when the machine is online, or if it is lost or stolen and falls into the wrong hands.

Orggit’s iPhone app

You could use InformationSafe on a PC that you never connect to the Internet, but you’d be unable to use the company’s optional backup service and could lose everything if the hard disk fails, unless you faithfully back it up locally.

Each product is divided into logical sections, such as finance, health, insurance, passwords, and so forth. Orggit has a simpler layout, with colorful icons and a quicker, easier way to download reports on what’s in your wallet and on your health data. InformationSafe has many more canned templates, but you can enter almost anything into Orggit as well.

Each allows you to type in your information using the templates, or to upload digital or scanned documents, such as a living will or the image of a driver’s license. Each also allows you to type notes on everything you store.

Orggit has a special health feature InformationSafe lacks. Once you sign up, you get a physical wallet card with a toll-free number that can be called by emergency or medical personnel to gain access to your vital medical information. This phone number also is displayed in the iPhone app.

Also, Orggit allows you to store separate sets of information for up to 10 family members or other people, who can share some or all of their information with each other. InformationSafe allows the entry of information about other people, but it is basically designed for a single user; and sharing, while possible, is more limited.

InformationSafe has a more staid look and feel, but it isn’t hard to navigate. However, its local and Web versions aren’t connected, are purchased separately and don’t synchronize with each other even if you have both.

You can get Web backup of the local version for a fee, but this backup isn’t visible from the Web. The company says it is working on this feature.

If you’re comfortable with digital storage, these two products offer an effective way to organize the details of your life.

Find all of Walt Mossberg’s columns and videos online, free of charge, at the All Things Digital Web site, walt.allthingsd.com. Email him at mossberg@wsj.com.

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