Here’s the latest interview by Aishah Mustapha from TheEdge with Ganesh Kumar Bangah, the new CEO of social networking service Friendster.

Video is broken into 3 parts:

Part 1:

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The on going rumours has been confirmed that Frienster will be acquired by an Asian firm. The deal, expected to be worth over US$100 million, would allow MOL Global to acquire 100% of Friendster.

Although the acquisition would allow Friendster to enhance its presence in Asia, and MOL to get more people to use their payment channel, I don’t see why this deal will benefit the users of Friendster.

First of all, Friendster already has an existing partnership to offer Friendster Wallet and Friendster Gift Shop that involves accessing to MOL’s payment channels. Secondly, MOL has no background on social networking. How would a payment gateway provider like MOL make improvements on Friendster?

What Friendster needs now is more contents and to be specific, localised contents in each country across Asia.

Original Friendster investors include Kleiner Perkins Caufield & Byers, Benchmark Capital, DAG Ventures, IDG Ventures and other individual investors.

Press Release after the jump. Don’t forget to check out the new Friendster portal at Friendster.com

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Now you can purchase the latest Windows 7 operating system from your nearest IT store.

Price details after the jump!

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Now another 2 notebook was launched by Toshiba equipped with Intel’s Consumer Ultra Low Voltage (CULV) processors.

The Toshiba Portege T110 and T130 is designed for mobile warriors who wants mobility, performance and battery power longevity with an affordable price tag.

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Friendster users in Malaysia can now use their Friendster Wallet to buy virtual gifts, goods and games. These new entertainment offerings will be free to use and will also include optional premium element.

The social networking site partnered with MOL AccessPortal Berhad (MOL), a leading payments provider leveraging a network of over 500,000 physical and virtual payment channels worldwide, to power the Friendster Wallet and a payments platform enabling micro-spending for over 115 million users on Friendster.

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Microsoft Malaysia has organised a barrage of events, including roadshows and contests, nationwide to mark the launch of its Windows 7 PC operating system.

These activities will take place next month and will feature products and services from prominent industry players Hewlett-Packard Co, Dell, Acer, DiGi Broadband, AMD, Asus and Lenovo.

The software giant and its partners will be hosting roadshows at KL’s Low Yat Plaza (Nov 2-8) and Ikano Power Centre (Nov 4-8); Penang’s Gurney Plaza (Nov 6-8); and Johor Baru’s City Square (Nov 13-15).

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