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CoffeeandPower from Second Life founder

Philip Rosedale, Second Life founder, launches a new company today called CoffeeandPower. Testing in San Fransico first, CoffeeandPower lets users exchange virtual currency for real world services. If it sounds a bit like Zaarly, you are right it does.

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Facebook: Deals and Credits FTW

A new York Times article announces the launch of Facebook Deals for five cities in the US: Atlanta, Austin, Dallas, San Diego and San Francisco. Deals will be easily shared with friends via email or wall posts and is going to potentially be free for merchants. With an install base of 600 million members and 100 million mobile users (2010), Facebook is set to put a hurt on Groupon’s valuation.

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PlaySpan Monetization-as-a-Service (MaaS)TM platform

VISA pays $190M in cash for PlaySpan

Started by a 12 year old, PlaySpan was purchased by VISA, which along with the $2B purchase of CyberSource, extends the company’s presences in the digital and mobile commerce space.

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Mobile Venture Capital

A new report on GigaomPro (subscription required) looks at the venture capital environment for mobile and wireless companies. This first chart shows the total VC investing from Q3 09 to Q2 10. The report cites two main factors that are driving VC investments, smartphone penetration and the Internet of Things. The first one is no […]

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Hearst buying Kaboodle (updated)

Aggregation marches on. From PaidContent: “Hearst has announced its second online acquisition in two weeks: first it bought UGO for between $100-$150 million, and now it is buying shopping recommendation site Kaboodle, reports WSJ. Terms of the deal weren’t disclosed. (Updated: Om says the price was around $40 million). It started as a general sharing […]

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Social Networks Influence Purchase Decisions

TechWeb has a story today on the influence social networks like blogs, wikis and forums have on purchase decisions. From the story: “The growing phenomenon of consumer-generated content has become disruptive to online businesses, but many are studying the reviews, finding ways to use the content to their advantage, the report says. The research found […]

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