The Only Thing You’ll Need to Read About Saving Money on Black Friday

Ben Franklin was on to something when he said, “Time is money.”
Photo courtesy of Lance McCord/Flickr Creative Commons.

Facebook Engineering and Products VP Greg Badros to Leave Company

A top VP in charge of monetization and search at the social giant will soon depart.
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Better Late Than Never? Ballmer Product Pipeline Shows a Very Mixed Record for Microsoft.

Better late than never? Not so much.
ballmerproducts380

In Vogue

There’s a lot of attention and PR around Marissa, but their product lineup just kind of blows.

Om Malik on Bloomberg TV, talking about Yahoo, the September issue of Vogue Magazine, and our overdependence on Google

Why the Brilliance of Birchbox Is Also Its Biggest Challenge

The startup’s sampling model has worked great so far. But can it scale?
Birchbox co-founders and co-CEOs Katia Beauchamp and Hayley Barna

The Grommet Mulls a Wholesale Marketplace to Play Matchmaker for Inventors and Retailers

The platform that introduced you to SodaStream and Fitbit wants to help inventors put their products on retail store shelves.
The Grommet CEO Jules Pieri

News Byte

Facebook’s New Product Press Event Set for June 20

Facebook sent out invitations to members of the press on Friday afternoon, inviting them to an event at its Menlo Park, Calif., headquarters for a new product launch on June 20. The invitation itself alludes to the announcement’s content, though in less detail than in past invitations: “A small team has been working on a big idea,” the invite, first received by ABC News, said. “Join us for coffee and learn about a new product.” AllThingsD will report on the event from Facebook HQ next week.

News Byte

Social-Shopping Website OpenSky Relaunches as Full-Fledged Online Marketplace

OpenSky, the two-year-old e-commerce site that took a stab at social shopping by allowing members to follow celebrity and expert curators, has relaunched as a full-fledged marketplace for small businesses. Merchants can open up their own “stores” on the site for free, and can sell to OpenSky’s 2.5 million members, with OpenSky taking a commission on items sold — like Etsy, but with a social twist, more established sellers and a much smaller community of shoppers. Items listed range from cosmetics to clothing to kitchen supplies. OpenSky is based in New York and has raised nearly $50 million in venture capital funding to date.

Facebook Earnings, Part Deux: What to Expect When the Street Is Expecting

Round two for the social giant’s quarterly numbers.

HP Oldsmobiles the Palm Brand

Quick Takes on webOS