What you need to know - 02/08/11

Users spend more time on Facebook than any other website; Groupon grew 712 percent year-over-year

Technology trends and news by Ronny Kerr
February 8, 2011
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Last year was huge for the Facebook, which by August 2010 had surpassed two of the biggest Web properties, Google sites and Yahoo sites, in terms of share of time spent online by users.

Facebook confirmed Monday that real-time commenting across the site has been live for about two weeks now.

Firefox 4 has been delayed again, but Mozilla plans to release Firefox 5, 6 and 7 all in 2011 to combt the rise of walled gardens in the Web world, like Apple's iOS.





Freespee AB, provider of call tracking and pay-per-call solutions, closed a 1.1 million euros second round of venture capital financing.

GoingOn, a community platform for education, has raised a round of equity funding, according to an SEC filing.

Groupon’s website drew 10.7 million unique visitors in December 2010, an increase of 712% from 2009.


iFoster's network of members (families and agencies) now represent more than 150,000 foster children served.


ipadio, a provider of audio for businesses, secured a a £1m investment.


Online radio service will begin charging users to stream music to their mobile devices and home entertainment devices. The changes go in effect February 15.

Meraki, a cloud-based wireless networking company, raised $15 million in Series C funding led by Sequoia Capital.


Today's featured entrepreneur is Vikrant Mathur, CEO and founder of


After failing to perk up its revenues and earnings last year, Yahoo is said to be turning its eye on the mobile personalized news space., a social dating community, today announced it has grown its annual sales run rate approximately 250% in one year to more than $90 million.

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