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Report: Dmitry Shapiro To Head Up Google Plus

socalTECH

A report today says that Dmitry Shapiro , the former founder of Veoh and head of MySpace Music, and currently founder of alternative social networking site Anybeat , may be heading to Google to head up its Google+ efforts. The report , from PandoDaily, cited a single source for the information. READ MORE>>.

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Anybeat Rolls Out Chat Roulette Feature

socalTECH

Taking a chapter out of the popularity of sites like Chatroulette in connecting up strangers with one another, Los Angeles-based Anybeat , the alternative social networking site run by Dmitri Shapiro, said Friday that it has rolled out a new feature called "Interest Roulette".

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Facebook Competitor Altly Becomes Anybeat

socalTECH

In addition to the new name, AnyBeat outlined a number of principles behind the social network. Shapiro was formerly the founder of Veoh Networks, and head of MySpace Music. The new name was not a surprise, as Shapiro had said the company would be renaming itself before launch. READ MORE>>.

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Altly Reveals Seed Investors

socalTECH

Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the social networking site. Shapiro was the former founder of Veoh Networks and head of MySpace Music. READ MORE>>.

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Siemer Ventures Backs Ribbon

socalTECH

Ribbon, the developer of a social commerce platform which lets users list items for sale, distribute that through their social networks like Facebook , and accept credit card payments--said today that it has raised $1.6M in a seed funding round.

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MTV Buys Social Project

socalTECH

Social Project is behind the development of Flux, software which allows web publishers to create their own social networking web sites. According to MTV, Social Project and its 31 employees will remain based in Santa Monica. READ MORE>>

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2011 May be the Year of the IPO for Social Media

Startup Professionals Musings

Draper III, in his new book titled “ The Startup Game.” According to Draper, in addition to the above Rule Number One, there are many other questions that need to be answered before a CEO should recommend to the board that it is time for an IPO: Do you really need the money? Which stock would you bet on as the leader?