Search results for MySpace
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Posted
Oct 14 2009, 08:12 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
We know that MySpace has lost momentum to Facebook, but has it lost all its value as well? That's where the onetime social media darling may be headed, writes Henry Blodget on Silicon Alley Insider. One of Blodget's sources says that MySpace pulled in around $500 million to $600 million in revenue last year, and didn't make a profit. Blodget factors in those details, plus MySpace's declining market share, and figures the company might be worth 1X to 2X revenue. If so, its valuation could be in the range of $500 million to $1.2 billion, he writes.
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Posted
Aug 12 2009, 02:50 PM
by
Minyanville
Rating:
Money Blog: Top Stocks Blog - MSN Money
This article was written by Minyanville's Nico Carbellano
Behold: Facebook Lite now walks among us. A beta version of the new service was mistakenly rolled out shortly after midnight, then yanked almost immediately. Now everyone is buzzing about what Facebook Lite really is -- is it Facebook's attempt to cut social-networking upstarts like Twitter off at the knees? That might be a good idea, since Twitter is already looking more than a little wobbly following yet another high-profile hack this morning, which prompted many to ask: Would anyone really miss the service if it disappeared, any more than we now miss Pets.com? Bing: Facebook Lite
Take a look at 10 of the highest-profile Internet failures of all time. Could Twitter be the latest name to join them?
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Posted
Aug 12 2009, 03:54 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
Twitter had another hacker attack yesterday. Several media outlets reported the micro-blogging system was down periodically though the early morning and afternoon. The service had more severe problems last week. There have been rumors that the target of the attacks is a blogger in Georgia who has been critical of neighboring state Russia.
It is difficult to see what advantage the Russians gain by upsetting the tens of millions of people outside Georgia by shutting Twitter down, many of whom may actually think well of Mr. Putin and his fellow comrades.
The Twitter outage introduces the concept of whether anyone would really miss the service if it went away. Financial experts have argued that Twitter is not worth much even with its 30 million or so unique visitors, a number that varies wildly depending on the source. The press has carried stories over the last few months reporting that the service is growing 1,400%, 500%, and, in some cases, is barely growing at all. Ars Technica recently reviewed Twitter research done by HubSpot. The tech website reported that “HubSpot’s analysis of Twitter’s 4.5 million accounts revealed that 54.9% of users have never tweeted and 52.7% have no followers whatsoever.” Put more simply, many of the people who sign up for Twitter accounts never use them.
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Posted
Jul 06 2009, 03:59 PM
by
Tobin Smith
Rating:
Money Blog: Top Stocks Blog - MSN Money
Back in the '70s and '80s, baby boomers were at the forefront of a new wave of consumer demand. They were also the early adopters of new media technologies. Their TV viewing habits, purchasing habits, likes and dislikes were tracked intensely by the corporate world to help them determine which products, services and technologies were wanted most.
But fast forward a few decades to the 21st century -- are baby boomers still at the forefront of today's media technology?
Given the radical changes in media, particularly over the last decade, including the ubiquitous use of the Internet, social networking services and now even video content delivery over the Web, you wouldn't think baby boomers would be leading the charge forward.
Well, think again. A recent ChangeWave Alliance survey points to a powerful shift occurring among baby boomers from traditional TV to new types of online entertainment.
But what, if anything, are media companies doing to keep up with changing demand? As it turns out, they're doing plenty. And it could mean a boom for the biggest media firms out there.
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Posted
Jun 25 2009, 03:45 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
A public relations executive recently evaluated the number of Fortune 100 CEOs who had presences on social network sites including LinkedIn, Twitter, Facebook and online information site Wikipedia. Almost none of the chief executives were involved with the Internet destinations, which should not have been a surprise to anyone. The question raised by the PR person is why executives do such a poor job managing their images online. A better question is why a CEO would want to be involved with the Web sites at all.
Social network advocates have reached the point where they believe that the sun rises and sets on the interactions among their members. Facebook has more than 200 million visitors, by one measure. Wikipedia is one of the 10 most visited sites in the U.S. The frenzy of activity around having multiple and well-managed online presences has become a mania without a purpose.
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Posted
Jun 03 2009, 07:41 PM
by
Catherine Holahan
Rating:
Money Blog: Top Stocks Blog - MSN Money
The market's recent thaw has again opened the window for
initial public offerings. But investors
hoping that a gust of IPOs will fuel the market's rally are due for disappointment.
The hottest tech companies are unlikely to make a public exit any time
soon. In fact, investors hoping to buy
stock in popular social sites such as Facebook,
Digg and LinkedIn will likely have to wait until 2010 and beyond.
"We have no plans to go public," said Facebook
spokesman Larry Yu in an interview. His comments echoed earlier statements by Facebook chief executive Mark Zuckerberg that an IPO is not on the horizon.
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Posted
Apr 01 2009, 03:59 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
The business of having online sites with content created by amateurs to be viewed by other amateurs never had a reasonable chance of making money. The fact that Facebook once had a $15 billion valuation, and that Rupert Murdoch’s News Corp. (NWS) bought MySpace, and that Google (GOOG) bought YouTube only proves the “greater fool” theory.
YouTube was started in 2005 and MySpace in 2003. Normally, having a social network where people go to share profiles of themselves, write blogs and submit videos would not seem like much of a business. But MySpace has well over 100 million users. People viewed over 5 billion videos at YouTube last month.
Investors assumed that any medium with such a large number of users had to become a huge business. Millions and millions of users must be worth something. They can’t be worth nothing. That couldn’t be possible.
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Posted
Dec 15 2008, 06:36 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
OPEC wants to see oil prices higher, much higher. Some of its member nations are running huge national deficits now that the price of crude has gone from $147 last summer to under $50. Several experts think it could go lower due to falling global demand. Even the Chinese are using less oil.
Americans are dreaming of $40 crude and $1.50 gas. OPEC members of dreaming of the Yankees sitting in their cars in long lines which snake for miles while they wait to buy a gallon of gas for $5.
Someone has to be wrong about what is going to happen to oil prices. Every day it looks a bit more like OPEC will have its way.
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Posted
Nov 25 2008, 06:27 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
Google's obscene five years of hyper-growth may be coming to an end. So far, the evidence of that in only anecdotal. Here and there advertisers are saying that the search engine does not get them the kind of results they are used to. Maybe it is the recession.
To further disturb those who worry about Google earnings, the internet company said it would be cutting contract workers. The could be a lot of people. Google has about 10,000 freelancers. According to The Wall Street Journal, Google Inc. said Monday that 'it is "significantly" reducing the number of contract workers it uses, but the Internet search and advertising company said it has no plans at this time to lay off employees.'
Of course, the internet is not dead. But, it becomes more wounded every day. Search is supposed to be the engine which drives online revenue growth forward. Traditional display advertising is not doing as well as it used to. That leaves Google. If its earnings for the current quarter are poor, the league of one will have been disbanded.
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Posted
May 05 2008, 06:15 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
Google rules the search world in all but one important country. China not only has the largest population in the world, it has the largest number of people online totaling 221 million users. It passed the US last month for total number of internet citizens. At some point China could have 500 million people on the worldwide web, more than double the US.
Google's share of the search market in China is only 25%. Local search engine Baidu has 60%.
Baidu is a very small company when put along side Google. Revenue at the Chinese company many hit $200 million this year. Operating income might be $60 million. Google's revenue will be well over $20 billion this year. Operating income should be almost $10 billion. Still, Google can't make progress in China.
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