Hewlett-Packard Co. Vice President Scott McClellan gave away more than his job status when he mentioned the computer maker’s new Web-storage initiative in his profile on LinkedIn Corp., a professional-networking site.
Facebook Inc., the world’s largest social network, is planning acquisitions that will improve site design, keep its service reliable and advance mobile features to stave off competition from Google Inc. and Twitter Inc.
Google Inc., the world’s biggest search engine, shut down the invite mechanism for its new Google+ social network after “insane demand,” said Vic Gundotra, head of social efforts, on the company’s website.
On Jan. 2, Jim Clark , a founder of such technology icons as Netscape Communications Corp. and Silicon Graphics Inc. , was at home in Palm Beach, Florida, when he got an e-mail from an executive at Goldman Sachs Group Inc. ’s private wealth management division. Goldman was offering Clark a chance to invest in the closely held social-networking company Facebook Inc. The deal -- through a fund overseen by Goldman Sachs Asset Management -- was being offered to other Goldman investors at the same time, Bloomberg Markets magazine reports in its March issue.