Tencent to Invest $760 million in Tech Start-ups

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Tencent Inc. has set up a $5 billion yuan (US $760 million) investment fund to invest in technology start-ups. The fund will focus on start-ups like gaming companies, social game, mobile game, e-commerce and new media firms. The fund, as Tencent explained is to “provide support, break through bottlenecks in the development of innovative companies, […] Related posts: Groupon, Tencent, …

Hey Google, Groupon is Just Not That Into You

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Let's put all the Google buyout rumors aside for just a moment and focus on actual Groupon news. Then we'll dig into why Groupon will not be selling to Google. Groupon is launching two new initiatives and they are nothing short of game-changing for merchants and consumers. Groupon Stores lets merchants set up virtual storefronts where… [[ This is a …

Facebook Launches a New and Simpler Version of Facebook Events

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Facebook has launched a new version of Facebook Events, simplifying the process of creating an event to one step. The most noticeable change is the newly-added ability to create events right from your home page. There is now a box (pictured top right) that allows you to type in what you are planning, when it’s taking place, where, and finally …

New Apple Ad Promotes the iPhone’s Shopping Savvy [VIDEO]

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It hasn’t even been a week since the iPad launch, but Apple’s already back on the marketing trail to promote the iPhone 3GS. Today’s iPhone ad focuses around the shopping experience and how the iPhone can help. Of course, it promotes the iPhone’s web browsing capabilities, SMS/MMS interface, and its thousands of apps — the Red Laser barcode-reading app gets …