Facebook confirmed it has hired the three founders of the recruitment focused startup Pursuit: Louis Eisenberg, Russ Heddleston and Nicholas Letourneau.
One of the original co-founders of Facebook, Eduardo Saverin, led the $8 million in venture financing of Qwiki. Calling this startup a maker of web query software oversimplifies the curated multimedia presentations that the Internet search tool produces. But because it seems like an obvious improvement over Google, we wonder how this innovation might benefit the leading social network.
A long-distance calling company called Talkbook has filed a legal challenge against Facebook for alleged fraud in the way the social network trademarked its own name.
Startup Payvment has gotten $6 million in funding, a transaction led by Sierra Ventures and with participation by BlueRun Ventures.