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This is just in: According this news piece Tencent Holdings Ltd a hongkong listed firm said it has secured an option to acquire up to 50 pct of MIH India Global Internet Ltd. They will be doing so by investing about 7.5 million $ over the next 3 years in the company. As some of you might know that Ibibo.com and its family of sites i.e. dwaar.com and onefamily.com which form a part of Ibibo Web Pvt Ltd in India are owned by MIH India Global Internet Ltd.

We have blogged about social networking taking over the world but how about social networking taking over your family! I guess nothing can get more embarrasing for a teenage girl than have her 45+ something daddy join orkut or facebook and interact with her friends!! (Im not kidding this is a real life example i [...]