Vibely is the latest kid on the block offering niche social networking. This Washington DC-based startup is an attempt to connect venues and events. It has almost everything that you can expect from a social network like profile pages with pictures,...

Web 2.0 is about users’ choice and democracy. Towing the line, a new site A site ArtFaceOff offers artists to compete with each other and win a prize. It works this way - an artist can register and upload the images his work and tag it...

A US federal judge has ruled that thousands of cases filed by patients who suffered side affects of the painkiller Vioxx cannot be combined into one class action suit against Merck & Co, the manufacturers of the drug. Judges Eldon Fallon reasoned...

Cucumis is a Paris-based online community for people who knows at least two languages. Actually it works this way - users with knowledge of two languages earn points by providing translation service in the language they know. Then they can trade the...

Sermo, the MA-based social network for doctors has received $3 million in a first round funding led by Longworth Venture Partners. You need to be a doctor to become a member of the site. However, they will open up for those who are not doctors in the...

The California Supreme Court has ruled that bloggers and Internet providers in US are not liable for posting defamatory comments posted by third parties. This follows the case regarding a San Diego woman who was sued for posting libelous comments on her...

The London Stock Exchange has rejected US-based NASDAQ’s final bid of $5.1 billion that would have resulted in LSE being acquired by NASDAQ in what would have been the first transatlantic stock exchange. The reason given was that the amount was...

Nintendo’s new console, the Wii games console has gone on sale in the US yesterday. Several thousand fans lined up, many of whom had camped for days to get a unit in New York and Hollywood. The Wii is largely seen as Nintendo’s answer to...

Yahoo! is going to work with seven newspaper groups that include 176 regional newspapers. These newspapers would start using Yahoo! HotJobs classified job site from December. The deal is much broader than that though. Both Yahoo! and the consortium...

In a bid to become the world’s first transatlantic stock exchange, NASDAQ has launched a bid of £2.7 billion ($5.1 billion) to acquire the famed London Stock Exchange, which is Europe’s biggest stock market. NASDAQ has built up a 25...