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Twitter May Chirp Its Commercial Accounts Next Month

Twitter's a pretty lucky company. Few get two bytes at the hype apple in rapid succession, but this social media platform has found a way to make up for its disappointing announcement about its advertising model. According to VentureBeat, Twitter might unveil its long-awaited, heavily-hyped and possibly investor-satisfying corporate accounts. Next month, at its inaugural Chirp developer conference, we could finally see what might just be the foundation of Twitter's business model.

Continue reading Twitter May Chirp Its Commercial Accounts Next Month

News Corp. Not Having Fun with MySpace

Do you remember when MySpace was all the rage? Of course you do. Then came Facebook; then came Twitter. Something else will come along, too. Unfortunately, though, News Corp. (NWS) committed itself to MySpace by buying it back in 2005. What a mistake that was.

I'm sure everyone knows about the growth problems at the social-networking site. This recent article at Reuters discusses them. Morale at the company appears to be waning. Unique visitors aren't what they used to be. An ad agreement with Google (GOOG) is about to expire; any new transaction on that front may not be as valuable now that MySpace has been relegated to not-as-cool-as-it-used-to-be status.

Continue reading News Corp. Not Having Fun with MySpace

Twitter Getting Six Figures a Month for Data

Nobody's naming names right now, but Social Times reports from SXSW that "a number" of companies are paying Twitter hefty fees for unrestricted access to the "firehose." While some Twitter data is accessible free through the company's developer program, the full data set is only available to those willing to write a check – and, it turns out, a substantial one.

Back in October, Twitter inked high-profile data-licensing deals with Google (GOOG) and Microsoft (MSFT), which brought in $25 million and put the social media service on the revenue map. Since then, it has brought more clients into the fold through its data-licensing program, including Kosmix and Scoopler, by opening up what it calls the "firehose"; i.e., unfettered access to the Twitter data stream.

Continue reading Twitter Getting Six Figures a Month for Data

Facebook Growing, Not Killing, Foursquare

When Facebook announced its new location-based capabilities after Twitter has already enabled it, the future looked pretty grim for Foursquare. Though wildly popular with the nerd crowd (of which I'm a member ... the nerd world, not Foursquare), could a year-old location-based game go head-to-head with the 400 million-user-strong behemoth of the social media industry? In a strange twist, Facebook is actually breathing life into the killer app many expected it to kill.

Thirty-three percent of Foursquare's traffic comes from Facebook, according to data from Hitwise (EXPN), followed by Google (GOOG) at 22% and Twitter at 8%. The remaining one third of traffic, from everyone else, is fed in part by partnership with major brands such as the New York Times (NYT), Bravo and Zagat.

Continue reading Facebook Growing, Not Killing, Foursquare

Zuckerberg in 'No Rush' for Facebook IPO

It's not just Digital Sky Technologies that is in "no rush" for Facebook to go public -- Facebook's founder says he's happy to take his time, too. CEO Mark Zuckerberg, according to the Wall Street Journal is putting his head together with those of Paul Otellini, CEO of Intel (INTC) and Charles Phillips, president of Oracle (ORCL) to gain insights on running his company, over which he'll have more control as a result of Facebook's dual-class share structure. If Zuckerberg gets his way, he'll run Facebook for a while before taking the dive into public capital markets.

Zuckerberg tells the Wall Street Journal(subscription required), "We're going to go public eventually, because that's the contract that we have with or investors and our employees." Doubtless, these two parties are eager to experience a liquidity event, particularly those from the company's earliest days and preliminary financing rounds.

Continue reading Zuckerberg in 'No Rush' for Facebook IPO

Facebook Revenue to Top $1 Billion in 2010

Initial estimates of a $550 million year for Facebook in 2009 may be lower than expected. In fact, the company may have brought in as much as $700 million, though it is notoriously tight-lipped about the size of its coffers. In what was clearly a banner year for the social media site, it also moved into positive free cash flow territory – and the number of users continues to rise across the board.

Facebook's revenue trajectory – at least to the extent that it can be gauged – has been impressive. From $150 million in 2007, it grew to an estimated $280 million to $300 million in 2008 and a 2009 result that could range from $600 million to $700 million. Revenue has at least doubled every year, a trend that Inside Facebook expects to continue. Of course, these are all third-party estimates, and Facebook isn't saying a thing.

Continue reading Facebook Revenue to Top $1 Billion in 2010

Facebook Gains U.S. Traffic, Led by Men

Where there are plenty of women, you're bound to find more and more men. Though the gain was small, the number of men on Facebook grew faster than women in February 2010, making the social networking site look a lot like every hot club in Manhattan -- men chasing women.

Facebook picked up an additional 5 million users in the United States last month, reaching 113 million. Since the middle of last year, the social media site has gained users every month. Though every demographic is showing increases, men are leading the charge. In January, women owned 56.07% of Facebook use, a share of activity that fell to 55.6% in February. Among users age 18 to 44, new male users outpaced females by approximately 2:1.

Continue reading Facebook Gains U.S. Traffic, Led by Men

Twitter Unveils Google Ad Model, Despite Hype

Apparently, all the hype wasn't worth it. After Twitter COO Dick Costolo explained that the company was going to unveil a "non-traditional" advertising model and claimed that "people will love it," what we're seeing is a foray into decidedly charted territory.

According to AllThingsD, Twitter's ad model will resemble the one that has been so successful for search and online ad giant Google (GOOG). Ads, essentially, will be tied to search.

Yawn.

Continue reading Twitter Unveils Google Ad Model, Despite Hype

Twitter Finds More Real-Time Search Clients

Last year, Twitter got a taste of significant revenue when it inked data-licensing deals with Microsoft (MSFT) and Google (GOOG). The multi-year deals were worth a total of $25 million, but Yahoo! (YHOO) found an alternative way to access the social media site's data – free – which made it seem like the licensed data business model was on the brink of a short life. Well, it looks like some new deals have breathed a bit more life into this approach, though the details remain unclear.

In a blog post Monday
, Twitter announced that it was opening its data "Firehose" to a number of companies: Ellerdale, Collecta, Kosmix, Scoopler, twazzup, Crowdeye and Chainn. According to the post, this step makes it "possible to move far beyond the Twitter experiences we know today."

Continue reading Twitter Finds More Real-Time Search Clients

Fortune 500 Loves Twitter, Especially the Insurance Business

The nagging notion that Twitter is nothing more than a way for a kids to piss away their time was put to bed in 2009. It came together, especially, for Black Friday and the holiday shopping season that followed, but even when you look at the year as a whole, it's clear that major businesses jumped on the microblogging bandwagon readily. A new study by the Society for New Communications Research shows that Fortune 500 companies became addicted to communicating in 140-character blurbs last year.

Among the Fortune 500, 35% of companies had active Twitter accounts last year, which means that at least one tweet had been unleashed in the past 30 days. And, the use of Twitter is concentrated at the top: 47% of the Fortune 100 had active accounts last year. Only 22% of Fortune 500 companies had public-facing corporate blogs as of last year, but those that do see the value of integrated communications: more than 80% of these blogs were linked to a corporate Twitter account.

Continue reading Fortune 500 Loves Twitter, Especially the Insurance Business

Twitter Gaining Ground on Facebook for Status Update Field

Every day now brings with it 50 million tweets, according to Twitter's blog. And that number specifically excludes tweets from spammers. In 2007, daily volume was a mere 5,000. Every second, 600 tweets are unleased.

There is no shortage of 140-character outbursts, putting the microblogging site in direct competition with social media behemoth Facebook for ownership of the social media user's most current thoughts. Facebook boasts more than 60 million daily status updates, despite having a 400 million-strong user base that dwarfs Twitter's nearly 60 million. The fact that Twitter is so much smaller than Facebook only makes its ownership of the status update more compelling.

Continue reading Twitter Gaining Ground on Facebook for Status Update Field

Zynga Valuation Said to Top $3 Billion

Are you still suspicious of the $6.5 billion Facebook valuation that resulted from Digital Sky's $100 million investment last July? And doubtless, the $15 billion valuation implied by Microsoft's (MSFT) 2007 investment in the company was, to say the least, aspirational. Well, the insanity is continuing to mount – throughout the Facebook ecosystem. A recent report by Global Silicon Valley Partner's NeXt Up Research organization puts the price tag of Zinga, the Facebook application developer, at a whopping $3.3 billion ... half of Facebook's!

Granted, Zynga has done a few things to wow social media market-wachers and investors. NeXt Up Research forecasts 35% growth for this company over the next four years and just upped its 2014 revenue projection to $1.1 billion. The previous estimate was only $460 million. What could possibly justify these numbers? Well, Zynga has grown from 30 million users to 230 million in only 10 months, largely as a result of the strength shown by Facebook over this period. Farmville has been the company's engine, with close to 80 million monthly active users.

Continue reading Zynga Valuation Said to Top $3 Billion

Financial Crisis Didn't Push Bankers from Industry, LinkedIn Reports

The financial crisis, employment market and social media explosion have converged, providing a new level of clarity into what is happening in the world around us. Where was ground zero for this financial catastrophe? Well, according to the LinkedIn blog, five companies have shown the most action: Barclays (BCS), Credit Suisse (CS), Citigroup (C), Bank of America (BAC) and JPMorgan Chase (JPM). Interestingly, Goldman Sachs (GS), among the biggest winners now that we're pulling out from the recession, didn't see as much play.

Continue reading Financial Crisis Didn't Push Bankers from Industry, LinkedIn Reports

Facebook Rises in Search Market

Facebook is becoming a powerful force in the search engine market. It's still far behind search behemoth Google (GOOG), but the social media platform's U.S. search traffic ticked higher by 13% last month, according to data from comSore (SCOR). From 351 million search queries executed on Facebook in December, the number grew to 395 million in January.

Google still owns 65.4% of the U.S. search market, having received 14 billion search queries last month. Yahoo! (YHOO), Microsoft (MSFT), Aol (AOL) and Ask share the remainder of the market. Among these competitors, market share changed little month-over-month. So, for Facebook, this month's growth bucked the trend.

Continue reading Facebook Rises in Search Market

Size Matters and Twitter's Got It with Tweet Volume

Twitter is at a crossroads right now. What it does in the next few months will either solidify it as a long-term contributing member of the global economy ... or relegate it to a history that includes TheGlobe.com and talking sock puppets. The company posted solid growth stats in 2009, but most of the upside came in the first half of the year, leaving the company flat from the beginning of July through the end of the year.

Revenue came into the company in October through real-time search deals with Microsoft (MSFT) and Google (GOOG), but they involved multiyear deals, which means the company needs to find new ways to make money. Maybe its advertising model will be accelerated as a result. With the user trend flat, however, and the dearth of Twitter use occurring on the website, there are flaws in the advertising model ... unless there's another way to look at the market.

Continue reading Size Matters and Twitter's Got It with Tweet Volume

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