Li Ka-shing’s Horizon Ventures Bets on Mobile Search Start-Up Everything.me

Everything.me, a mobile search provider, has taken $3.5 million in add-on funding from Hong Kong billionaire Li Ka-shing’s Horizons Ventures, known for tech investments like Facebook and Spotify.
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Tech Leaders Make Forbes’ Most Powerful People List

Forbes has compiled a list of the 70 most powerful individuals, and along with some of the world’s leading politicians and religious leaders, tech leaders made a strong showing.
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Waze Raises Major Funding to Drive Social Traffic Apps

Li Ka-shing’s Horizons Ventures Hong Kong and Kleiner Perkins Caufield & Byers have invested $30 million in social traffic and navigation company Waze.
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INQ Mobile Decides to Friend Facebook and Spotify for New Android Phone (Video)

Folks hoping for a Facebook phone straight from Marc Zuckerberg will have to wait a while longer. But for those who want an Android device with a whole lot of connections to the social network, INQ Mobile’s new Cloud line could be just the ticket.

Will Facebook Say “Da” to Russian Investors?

Here’s the newest twist in the Facebook valuation/funding saga: Russian investors have reportedly offered to sink up to $350 million in Mark Zuckerberg’s social network–at two different valuations. The Wall Street Journal says investment group Digital Sky Technologies has offered to spend $200 million on a chunk of the company’s preferred stock at a $10 billion valuation, and is also offering to buy up to $150 million worth of the company’s common stock at a $6.5 billion valuation.
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Kara Visits Joost HQ in London: Restarting the Start-Up (With a Little Help From Its "Friends")!

Well, here’s a good reason not to write off Joost quite yet: When it officially debuts its new Web-based service in mid-October, the London-based company will have some pretty hot content with its half-dozen seasons of the former NBC hit, “Friends.” Also, there will finally be no more irksome plug-ins. There will also be cooler social-networking elements. While all this is not going to make up for the lost time the online video service has wasted with its annoying P2P-based desktop client download, going to a Web-based, all-Flash service with more robust content is certainly the right way to stop rival service Hulu from continuing to clean Joost’s clock.

More Facebook Funding: This Time, From Germany

The money continues to dribble into Facebook, it seems. The Samwer brothers of Germany have agreed to invest $10 million to $15 million in the hot social-networking site, a development which was first reported by Reuters and TechCrunch. It feels like an awfully small amount to garner a key Facebook relationship in the important European [...]

Facebook's 60 Minutes of Fame?

CBS’s “60 Minutes” will air its Facebook piece on Sunday, and BoomTown is curious to see what take the iconic new magazine show will have on the hot and hyped social network and its founder, Mark Zuckerberg. In clips it has released, Zuckerberg tells veteran correspondent Lesley Stahl that its stalkerish ad product Beacon–a half-baked [...]

Of Facebook Financing Foibles and Fumbles

Let’s be clear on one thing: We won’t be getting any financial information out of the company about Facebook’s performance or the slate of its shareholders until it’s good and ready to hand it over. That’s because, although it has been widely reported, the hot social network will not fall under the Securities and Exchange [...]

The Tech 10: Google's Wireless Bid, Facebook's Cash Flow and Motorola's Mojo

Auction Action: Confirming the expected, Google announced today that it would indeed apply to bid for wireless spectrum in the Federal Communications Commission auction in January. … Facebook Gets a $60 Million Infusion… Hong Kong mogul Li Ka-shing has invested $60 million in Facebook. … Rise and Fall of Motorola Magnate: Ed Zander, CEO of the electronics manufacturer whose mojo with the Razr cellphone brought the company big gains, is resigning.