Keeping up with my social networks (2)
“Insiders at Facebook are selling stock in the social-networking giant (…) the prices for Facebook shares in these transactions reflect a total valuation far lower than $15 billion (…) Social networks have struggled to generate revenue through advertising at the rates originally expected. Google, which places ads on News Corp.s MySpace, has said making money off social networks has proven difficult.”
Read Spencer E. Ante’s article, “Has Facebook value taken a hit?” on BusinessWeek.
I have deleted a duplicate profile and updated the one I am keeping on Facebook. The new one shows feeds from this blog and my innovation newsfeed, a mashup I crafted with Yahoo’s Pipes. Chances are you have already read articles and blogs talking about how LinkedIn is a better business tool than Facebook, but I would suggest looking at an interesting comparison analysis posted by Comoputerworld. To be frank, professionally speaking, I really think I need to keep up with both services, unless one ends up integrating the other.
| J. de Francisco |  |
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| Chicago, IL 15 August 08 |  |
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Just wanted to say hi – new to all this.
Happy Days – Maxi
Maxi Malone
August 15, 2008 at 12:14 pm