Dish Network named Michael Kelly president of its new subsidiary, Blockbuster.

Facebook is on track to surpass $2 billion in earnings before interest, taxes, depreciation and amortization in 2011, according to reports.

 

Giftrocket has launched a virtual gift card service.

 

Kaminario, provider of high performance SSD storage, closed a $15 million Series C from Globespan Capital Partners, Sequoia Capital and Pitango Venture Capital.

RIM is bringing native Facebook chat and video chat to its just-launched tablet, the PlayBook.

 

Time inked a deal with Apple to make its iPad edition free for print subscribers.

 

Turns out that Twitter was the place where Osama’s death was first announced.

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