With thousands upon thousands of social networks already launched, and more coming in the ongoing social network wars what are reasonable valuations? Is this irrational exuberance? Will the companies that buy them ever make their money back? MySpace was acquired by News Corp for $580m in July 2005. Facebook sold 1.6% of its shares to […]
Bandwidth costs greatly impact profit margins of organizations that deliver enormous amounts of data. Several products and services that are immediately impacted by bandwidth costs are:
Google laid the hammer down by announcing OpenSocial. For those out there that thought that Facebook was the next big thing and would lead to Google’s eventual downfall, think again. Google has done it again by strategically abstracting themselves from the social network wars.
Today, Steve Jobs mentioned that the Apple iPhone will finally opening up for third-party application development in February 2008. Apple will provide a iPhone Software Development Kit (SDK) for developers to create applications for the iPhone and iPod Touch.
The interesting thing about social networks, like other forms of social media, is that users create the content. A social network becomes more valuable as more users join and get connected with other users. This is known as network effects. It is not necessarily the best social network that wins — in terms of architecture, […]
Mashable is the largest blog focused on social networking. Like TechCrunch, it has an amazing amount of coverage and, surprisingly, launched at nearly the same time. Mashable was launched by Pete Cashmore in July 2005. Currently, it has over 5 million page views per month, making it one of the most popular blogs on the […]