“Redpoint leads $40M funding round for Path, now valued at $250 million”

Google Chariman Eric Schmidt: Social Network Riot Restrictions Would Be “A Mistake”

Speaking at the MediaGuardian Edinburgh International Television Festival yesterday, Google executive chairman, Eric Schmidt, has criticised David Cameron’s proposals to limit the use of social networking sites such as Twitter and Facebook during civil unrest after the riots that took place across England earlier this month. Schmidt said that the love was likely to backfire, noting that when the Egyptian authorities turned off the internet to try and calm unrest earlier this year it actually “enraged the citizens and got them to leave their homes to protest”. He added: “ ”It was a strategic…[Read More]

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