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...Zuckerberg had started "the facebook" while an undergrad at Harvard as a social network for Ivy League students, then moved to Palo Alto, Calif., in 2004 to turn it into a business. It subsequently threw open its doors to everyone and made the guts of its underlying code accessible to developers, creating a massive platform for applications. (And making some of those developers a lot of dough: SocialMedia, an advertising network that represents the apps makers, has paid out over $8 million to 1,000 developers in less than a year.) The network now has 80 million active members, surpassing...

Author: /time Magazine | Title: Facebook Loses a Top Executive | 6/19/2008 | See Source »

...losing Cohler has got to be a real blow to the service. He's got tons of smarts and maturity and came to Facebook via LinkedIn, a social network for business users he helped Reid Hoffman, the legendary Silicon Valley entrepreneur, found. "He's the soul of Facebook," one Valley insider, who knows Cohler and works closely with Facebook, told me. "He is driving the service, the user experience. That's his thing...

Author: /time Magazine | Title: Facebook Loses a Top Executive | 6/19/2008 | See Source »

...Libya admits it bought nuclear technology from Khan's network...

Author: /time Magazine | Title: The World | 6/19/2008 | See Source »

...world. Mark Kirstein, president of Multimedia Intelligence, a mobile-research firm, says the iPhone is like a Trojan horse that lets smut providers cut out the carrier as middleman. "The iPhone becomes a portal where people can get to content directly without worrying about the social mores of the network operator," he says, referring to carriers like Canada's Telus, which canceled an experimental adult-content offer after receiving hundreds of customer complaints. That means better margins for direct porn providers amid this potential wave of new profits...

Author: /time Magazine | Title: The iPhone's Next Frontier: Porn | 6/18/2008 | See Source »

...mobile adult content would rise to $4.6 billion by 2012. With millions of 3G iPhones in the market, Juniper's principal analyst Windsor Holden says, the number could grow far larger. "A huge portion of the $13 billion adult market has been reliant on physical distribution," says AVN Media Network's Cahen. "That business model is shifting to downloadable and streaming content...

Author: /time Magazine | Title: The iPhone's Next Frontier: Porn | 6/18/2008 | See Source »

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