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Articles tagged with: Seattle

Facebook Is About To Launch A Music Service Called Vibes

The rumor has been around for a while that Facebook is preparing to offer a musical service to their 750 million members. According to their proclamations, Facebook isn’t looking at becoming a content provider but will provide a social layer to the infrastructure to allow another player use their interface.

It would be hard to imagine Facebook taking on the sector by themselves after Mark Zuckerberg’s recent declarations.

Facebook Set For $1 Billion In Social Gaming Revenue

Facebook Inc is on course to generate $1 billion in revenue this year from social gaming, according to Kevin Ryan, a leading Internet entrepreneur and former chief executive of online advertising giant DoubleClick.

Most of that revenue will come from advertising.”The $1 billion forecast also includes revenue from Facebook Credits, which allow users to buy items for games and other activities on the social network” , he added.

Facebook Plans “Awesome” Launch Next Week: Zuckerberg

EO and founder Mark Zuckerberg told reporters in a visit to Facebook’s Seattle office on Wednesday that the company planned to “launch something awesome” next week.

He said the project had been developed at the 40-person Seattle office, Facebook’s only major engineering center outside of its Palo Alto, California headquarters.

RealNetworks CEO Resigns Suddenly – Replacement Sought

The CEO of RealNetworks, Bob Kimball resigned suddenly. The board appointed Mike Lunsford as a interim replacement and is actively looking for a replacement.

Kimball was previously the company’s general counsel and was promoted to the CEO role last year after Founder Rob Glaser stepped down.

RealNetworks Completes Restructuring Cuts 130 Jobs

“Today is a hard day. Today is definitely not a very good day, to be making these kind of cuts.” These were the words of Bob Kimball, CEO of RealNetworks, in reference to eliminating a further 130 jobs from its global workforce. These cuts were part of a year-long restructuring effort by RealNetworks to turn its business around.


While less than 40 jobs will be cut in its headquarters in Seattle, RealNetworks will be closing its Finland offices in Helsinki as part of this round of cuts. This leave the company with around 1,300 employees, down from its peak of 1,700 a couple of years back.