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The boss of Whole Foods Market, the organic food retailer that launched a huge store in London last month, has been caught using Yahoo!’s stock market forum to criticise a competitor, which he then proceeded to buy.
John Mackey, chief executive of Whole Foods, used the moniker 'Rahodeb' to make postings about rival Wild Oats over several years, according to a filing from the Federal Trade Commission.
There is plenty of speculation around that Facebook is preparing for an IPO, which has been fueled by Facebook advertising for a Stock Administration Manager.
In addition, Mark Zuckerberg's sister Randi Jayne, who also works for Facebook, has recorded a video trashing the competition. That this has been taken down at Facebook's request has added to the IPO speculation.
Business network LinkedIn is reportedly gearing up for a possible IPO that would make it one of the first social networks to go public.
Reuters reports that the move could happen as early as next year, thanks to the company's rapid growth - its membership has doubled to almost 12m in the past nine months.
Threadwatch, a web community dedicated to posting and discussing internet marketing news, will close on Friday, its proprietor said.
Aaron Wall explained that he did not have the time to take the site mainstream, counter competition from a growing number of blogs and keep contributors on the straight and narrow, thanks to new personal commitments.
The name went for a then record $7.5m when it was bought by two entrepreneurs at the height of the dotcom boom in 1999.
News Corporation is reportedly considering a deal with Yahoo! that would see the group transferring its social network MySpace to Yahoo! in return for a 25% stake in the combined company.
The Times is reporting that negotiations between the two companies are tentative, and may be under threat after Terry Semel's replacement by Jerry Yang as Yahoo CEO.
BBC, ITV and Channel 4 are in talks about partnering to launch an on-demand broadband TV service, according to The Guardian.
A source told the paper that the new service would "do for broadband what Freeview did for digital television". It has been dubbed 'Project Kangaroo'.
The blogosphere is awash with rumours of merger talks between Microsoft and Yahoo! as the two companies seek to challenge the mighty Google.
The source of the speculation is an article in the New York Post, which claims that Microsoft is the driving force behind the possible deal and that Yahoo!'s price could be around $50bn (£25bn).
Bloggers that published a key for the encryption on some High Definition DVDs are in big trouble, according to a copyright protection group.
The issue exploded on Digg this week, when users began posting the code on the site. Digg initially responded to a cease and desist notice from the AACS by removing the posts and blocking some accounts, but then backed down in the face of user protests.
Users of news aggregator Digg have been flooding the site with articles about a single issue - an encryption key that can be used to get around the DRM on High Definition DVDs.
After users began posting the code on the site, Digg received a cease and desist notice and blocked the stories, but that only prompted the site's users to start flooding it with articles about the code.