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Noon News: LivingSocial Delays IPO, Vint Cerf on Facebook, Crowdsourcing Helps in Planet Discovery

Daily deals platform LivingSocial is planning to raise more than $200 million in a new round of funding instead of filing for an initial public offering. Two people with the knowledge of the situation told Business Week that the company is considering to go for a new round of funding that could value the company at nearly $6 billion.

Facebook users are not happy with the new changes introduced in the user profiles and news feed on the platform but, developers believe that resentment will take over acceptance over time.

Vint Cerf, the man who played a crucial role in the development of the World Wide Web, has warned Facebook that its closed model could soon take it off Web users’ radar. Cerf also stated that Facebook, being a “walled garden”, was on its way to repeat the failure of the earlier business model of AOL and IBM.

Windows 8 will interface and integrate better with Windows Live according to Chris Jones, Microsoft's Vice President for Windows Live engineering. In a blog post published yesterday, Jones described how Microsoft intends to enhance existing features while adding new ones to make of Windows 8 the most connected Microsoft OS ever.

A pair of new planets, potentially habitable, may have been discovered by the participants of the Planet Hunters online citizen science project, according to the announcement made by the Yale University. The project Planet Hunters was launched last year in the month of December, and as many as 40,000 Web users participated in the project from all across the globe.

Ravi Mandalia

Ravi Mandalla was ITProPortal's Sub Editor (and a contributing writer) for two years from 2011. Based in Ahmedabad, India, Ravi is now the owner and founder of Parity Media Pvt. Ltd., a news and media company, which specializes in online publishing, technology news and analysis, reviews, web site traffic growth, web site UI. Ravi lists his specialist subjects as: Enterprise, IT, Technology, Gadgets, Business, High Net Worth Individuals, Online Publishing, Advertising, Marketing, Social Media, News, Reviews, Audio, Video, and Multi-Media. He has also previously worked as Dy. Manager - IT Security at (n)Code Solutions.