Five winners of fbFund, who were picked from a pool of 25 finalists, have been announced. Each of them will receive $250,000 non-recourse grants, mentorship from Facebook on development and a lot of marketing benefits. They are (in alphabetical order): GroupCard: Digital greeting card service that lets friends send cards signed by a whole group. Kontagent: Advanced analytics tool to help developers track many aspects of app usage in details. MouseHunt: Casual (but ...

Facebook has won $873 million judgment against Adam Guerbuez, a Canadian man who floods the popular online social network with millions of explicit spam messages. It is reported that Guerbuez fooled Facebook's users to provide him with their credentials either by phishing to gain login information or acquiring it from third parties. After gaining access to user's personal profiles, he used software to automatically send out more than 4 million messages advertising many "spammy" products, including marijuana and male enhancement ones. Max ...

In response to aggressive competition from rivals like Yelp, Citysearch -- the popular local events and review site owned by IAC (InterActiveCorp) -- has gotten a full makeover. There's a more streamlined and Ajaxified UI and some other important features have been tweaked as well. The company said this is about a year and a half in the making. At the start, the new features will be available on a separate beta site. The beta site is expanding to become more ...