"Advertisers are learning and experimenting" with Facebook's ad business, says Facebook itself. GM's move shows the downside of making it up as you go.

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Some states are diverting their share of a $2.5 billion they were awarded in the mortgage settlement, money intended to help homeowners and mitigate the effects of foreclosures.

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Facebook social travel app Gogobot announced on Wednesday that it has reached the 1 million registered users mark. The app launched on Facebook in January, when the social network unveiled a slew of integrated apps, including Gogobot. Gogobot was in use before that time, launching in private beta 18 month ago. Now the app is exploding in popularity: A new user joins every 15 seconds, more than 5 million places have been shared on Gogobot and overall membership has grown 65x year-on-year. The so...  show all text

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BufferDigg DiggClick the Twitter homepage for a larger version. Thanks to @kottke for finding these. And an even earlier version of Google…in beta (thanks, Zaddle):

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TheMediaBriefing keeps you up-to-date with the latest news, analysis and insight, drawing from journalists, analysts and industry experts, to deliver feature articles, opinion pieces, white papers and research.

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In the white heat of the current tech market it’s sometimes easy to forget that some companies, although taking their time, simply become viable businesses – instead of waiting for a call from Facebook or Twitter that may never come. I’ve been covering web site and shop builder Moonfruit for longer than I care to remember (they launched in 2000), but along the way husband and wife team Joe and Wendy White kept on pushing the company until it was one of the most innovative of its kind out there....  show all text

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Yesterday, Twitter launched a new weekly email digest that it will be sending out to all members. Contained within are a few hotly shared news stories, the Twitter accounts that have ...

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German designers placed a high-tech, sensor-equipped chair in the middle of a palazzo in Milan last month to record stress points on the backsides of thousands of people. The goal? To determine how to design a lightweight and efficient chair that’s sturdy enough to support a wide variety of users. When someone sat in the chair, monitors recorded data and processed it with an “algorithm that determines the most structurally efficient version of the chair,” according to the blog Co.Design. The en...  show all text

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Ming Liang Lu, 57, snips and slices intricate portraits of commuters in his own unique style. Mr. Lu practices several ancient Chinese art forms and says he hails from a noted Shanghai teaching lineage.

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It couldn’t have happened at a worse time for Facebook, which has its initial public offering of stock later this week. General Motors has decided to stop advertising on the social networking giant, citing concerns about the site’s effectiveness. Meanwhile, a Forrester analyst says... Please visit Marketing Land for the full article.

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The loss of $10 million in ad dollars does not represent a financial disaster for Facebook, but it is a public relations headache so close to the company’s initial stock offering this week.

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After winning an Oscar for writing a screenplay about Facebook, Aaron Sorkin is setting his sights on Apple. Variety reports that Sorkin has officially signed on to adapt Walter Isaacson’s biography of Steve Jobs, titled Steve Jobs, for Sony Pictures. Sony optioned the screen rights for Steve Jobs before the book even hit shelves. And almost immediately, the studio began courting Sorkin. Variety quotes Sony’s co-chairman Amy Pascal as saying, “There is no writer working in Hollywood today who is  show all text

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Mr. Sorkin said last year that he was inclined to adapt Walter Isaacson's biography of Steve Jobs for Sony. But no deal had been set until now.

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There are a bunch of ways to explain away GM’s decision to stop spending ad dollars on Facebook. We’ll get to those. But there’s one thing that even the most ardent Facebook fan can’t argue with: Facebook advertising is very much a work in progress. Don’t take my word for it. Listen to Facebook itself: “We believe that most advertisers are still learning and experimenting with the best ways to leverage Facebook to create more social and valuable ads,” the company says in its IPO filing. If you’...  show all text

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Four and a half years ago, I proudly joined the ranks of America's Finest News Source, a/k/a The Onion. For a comedian, tech geek and politics and news junkie, it was and remains an epic high in my life. Today, with a deep sense of nostalgia, I'm excited to move to the next chapter of that insane life having stepped down as Director of Digital to pursue more entrepreneurial ventures. It’s been an amazing ride. Acting as politics editor, I played a part in The Onion's 2008 "War For The White H...  show all text

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“Social magazine” Flipboard may have to think up a new tagline for itself, as tonight the company is rolling out an update which greatly expands its focus beyond text-based content to also include audio. The rollout features integrations from NPR, PRI (Public Radio International) and social sound platform, SoundCloud. Also of note, Flipboard is launching its third localized edition with the debut of a Flipboard app for Japan, following its previous launches in China and France. And there’s an u...  show all text

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Editor’s Note: Sales Marketing Manager Leslie Hitchcock is a non-editorial TechCrunch employee. In addition to working at TechCrunch and being super fashionable, she reviews startups and tech products occasionally on her personal blog, Leslie Just Joined. Two of my favorite things are shoes and tech. That a site exists which combines both…well, where do I sign up? Shoes of Prey is an Australia-headquartered startup where women (sorry, fellas!) can create shoes of their own design, which are then  show all text

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Flipboard wants to be the first magazine with a soundtrack. The company is releasing an update on Tuesday that integrates music-sharing service SoundCloud as well as radio programs from NPR and Public Radio International (PRI). Flipboard’s app for iPhone and iPad (and soon Android) collects articles, images, photo albums and videos that your friends share on social networks and re-formats them in a personalized magazine. Its pages will now contain tracks that friends share through SoundCloud, i...  show all text

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Last year we heard that Sony wanted Academy Award-winning The Social Network/The West Wing writer Aaron Sorkin to write the screenplay for a Steve Jobs biopic based on Walter Isaacson‘s best-selling biography. Sony had purchased the rights in a $1 million deal made just days after the Apple co-founder’s passing on October 5th 2011. Last we heard, Sorkin was “strongly considering” the project. Since then, another movie from an independent producer based on Jobs’ life starring Ashton Kutcher has ...  show all text

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Fox is continuing its viral and digital campaign for Ridley Scott’s Prometheus with a new viral video, a special Twitter chat and a live-streamed red carpet premiere. To kick things off, Fox will release its latest viral video for the film, “Quiet Eye,” at 7:00am PT on Wednesday. The video features Noomi Rapace as Elizabeth Shaw and was conceived and designed by Ridley Scott and screenwriter Damon Lindelof. The video, which follows earlier viral videos for the film — including the amazing TEDTa...  show all text

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1. Google Lounge Areas Google has added various new lounges and meeting spots to its New York City offices. Click here to view this gallery. As Google continues to expand its presence in New York, the company is making employees feel more at home by adding a host of cool amenities to its offices — from a recently renovated café for meetings to celebrity chef demos and author chats. Google — which added 750 employees to its New York office in 2011, bringing its Manhattan count to 2,800 staff...  show all text

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An ode to the father of the electric age. View

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After four years at the Las Vegas Sun, Rob Curley is leaving the paper. A memo from Brian Greenspun, the paper’s publisher and president, does not specify what Curley is doing next, just that “Rob has decided he has done… Read more

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Peter Sciretta / /Film: Aaron Sorkin To Adapt ‘Steve Jobs’ for Sony  —  Last year we heard that Sony wanted Academy Award-winning The Social Network/The West Wing writer Aaron Sorkin to write the screenplay for a Steve Jobs biopic based on Walter Isaacson's best-selling biography.  Sony had purchased the rights …

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Startups usually succeed because of a single major product or business innovation. Google is unusual in that they succeeded because of two major innovations: their core search product, and their keyword advertising business model. Back in 2000, when Google was wildly popular but generating no revenue, the conventional wisdom was that their business model was uncertain. Then Overture invented keyword advertising and Google adopted the same model. This turned out to be both wildly profitable and ...  show all text

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General Motors plans to stop advertising on Facebook after determining its paid ads had little impact on consumers. The news comes just days ahead of Facebook's IPO.

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Web startups are made out of two things: people and code. The people make the code, and the code makes the people rich. Code is like a poem; it has to follow certain structural requirements, and yet out of that structure can come art. But code is art that does something. It is the assembly of something brand new from nothing but an idea. More »

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