Posted August, 2008

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  • (1 rating)
    • Current Rating: 4 Total Votes: 1
    Posted by Daniel Endy, Aug 30, 2008
    This just in - Yahoo has decided to pull the plug on Yahoo Mash. 

    From CNET yesterday - - -

    Yahoo Mash: When getting social isn't enough

    Let's hope Yahoo has finally learned that the maxim "If you build it, they will come" simply does not apply to a social network.

    The Silicon Valley mainstay and onetime Microsoft shopping-spree target is quietly shutting down Yahoo Mash, its latest foray into creating a general-interest social network like a Facebook or MySpace.

    It's the latest social-networking failure for Yahoo, which was unable to get its earlier "Yahoo 360" network off the ground, and once attempted to purchase Facebook, only to have its billion-dollar offer turned down.

    Mash was cute, with a slick interface, and Yahoo already had the advantage of millions of registered users to roll right into it. But its failure to catch on is indicative of a bigger truth in the social-networking world: a new player in this saturated market has to offer something legitimately new and useful.

    Yes, really. And let it be a lesson to any other would-be Facebook killers.

    Critics of social networks say they're nothing but gimmicky fads, pointing to the popularity of silly Facebook applications and the flashy glitter text that adorns many teenagers' MySpace profiles. That just isn't true: if you look at the two biggest social-networking success stories, Facebook and MySpace, each one has served a distinct utility since its debut.


    Read the full article here ...


    Published 30 August 2008 - 0 comments (View/Post Comments)    Bookmark and Share
  • (1 rating)
    • Current Rating: 4 Total Votes: 1
    Posted by Daniel Endy, Aug 26, 2008
    The NY Times reported that Amazon is acquiring Shelfari, the social network for book lovers. This is a little surprising in that Amazon has a pretty good user-community already.  I'm not sure what Shelfari brings to Amazon, though I'm sure it won't hurt.  According to Compete.com Shelfari has over 170,000 unique visitors a month. 

    In Feb 2007 Amazon invested $1 million in Shelfari's Series A round.

    NY Times Article

    Shelfari's Web Site

    Compete.com Stats for Shelfari versus LibraryThing


    Published 26 August 2008 - 0 comments (View/Post Comments)    Bookmark and Share
  • (1 rating)
    • Current Rating: 4 Total Votes: 1
    Posted by Daniel Endy, Aug 22, 2008

    (from eMarketer.com)


    Social Networks Get Down to Business

    AUGUST 18, 2008

    Think of them as digital water coolers—surrounded by thousands of workers engaged in serious business conversations.

    Do business and socializing mix?

    Apparently so. As the number of business users of social networks continues to increase, advertising expenditures will rise, too. In the US this year, advertisers will spend $40 million to reach a business audience on online social networks, and that is just the beginning. According to eMarketer projections, that ad spending will reach $210 million in 2012.

    (Read the Full Article at eMarketer.com)

    Published 22 August 2008 - 0 comments (View/Post Comments)    Bookmark and Share

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