After recently rejecting Facebook’s $500 million buyout proposal, micro-blogging phenomenon, Twitter has moved forth acquiring and hiring former O’Reilly CTO Rael Dornfest. This adds fuel to the debate on whether Facebook and Twitter are rivals competing for the same online attention, or if they are instead, two totally independent online communication / information outlets. [...]
It is no secret that the shift from traditional media (newspapers, television, radio) to the online social scene (blogs, tweets, social networks) is upon us. It is also no secret that the employers and employees of traditional media have been late to adopt the new media wave. I personally cannot relate to these individuals, but [...]
Myspace has announced that they are on course to achieve $1B in revenue this year. This comes at a time where chief competitor, Facebook has surpassed Myspace in overall web traffic, but is looking at numbers far lower than $1B. In fact, Facebook’s CEO, Mark Zuckerberg has admitted the fact that “cashing in” on social [...]
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