SAI Business Insider on The Economist

Been busy so this is an 'old' story from SAI Business Insider, old in that it was published last week on July 21, 2011.

That's very old in online terms.

see Why The Economist is Winning

                                   Original SAI article picture

The Myspace Implosion - A View from Australia

Image via CrunchBaseStephen Bartholomeusz, writing in The Australian Business Spectator has a fairly standard analysis of the recent half a billion dollar loss that Murdoch's News Corp had on the sale of Myspace.

This week News did sell Myspace, for a paltry $US35 million, and put an end to the haemorrhaging that business was experiencing and the embarrassment the continuing presence of the business within the News portfolio had created for Murdoch.

see Murdoch's Myspace humiliation (free signup required)


from Business Spectator

The conclusion is the interesting bit

(the question is)..."News and its peers try to manage the transition of their traditional media businesses into the digital age. News’ big experiments with digital media – Myspace, the iPad-only newspaper The Daily, and the paywalls around its UK newspapers – haven’t inspired confidence in News’ ability to manage that evolution."

No they have not and they probably never will.

Spear Phishing or How to Get into a Gmail Account

"Most people know to ignore the e-mail overture from a Nigerian prince offering riches in exchange for a bank account number. That is a scam, plain to the eye.

But what if the e-mail appears to come from a colleague down the hall? And all he asks is that you add some personal information to a company database?"

It's a tough one this.

How would you know? Just make sure you are not a whale.

from The New York Times

see E-Mail Fraud Hides Behind Friendly Face

The Paul Ceglia Facebook Claim's a Fraud: Yea!

Image by Getty Images via @daylifeWhy anyone took this Paul Ceglia's claims of a 50% ownership seriously is a mystery to me.

In any case, SAI Business Insider's now convinced it was fraud.

Fantastic! Let's move on....

see OKAY, WE'RE CONVINCED: The Guy Who Says He Owns 50% Of Facebook Is A Fraud

Facebook: The IM Jungle.

"For years now we have been suffering Facebook's chat system, perhaps the worst in the industry. You can't maintain a conversation without you or your buddy being logged off. Sentences, entire paragraphs don't get delivered. I can't count the times I've wanted to punch the screen and given up. Everyone else I've spoken to has had the same experience."

from Gizmodo

full article Facebook Fails

Could not agree more. It's instant messaging and Facemail system leaves a lot to be desired. With all those 'also ran' messaging systems out there, you would have thought that Facebook could have bought one and integrate it in to theirs? Too hard?

Trillian, anyone?

LinkedIn: 'Bulk of the Revenue Comes from Recruiting'

LinkedIn priced it's IPO (Initial Public Offering or 'Float' for everyone down under) at the top of the indicated price range at US$45 per share, which will see it raising US$274 million.

It is interesting to see that the bulk of it's revenue generated last year of US$274 million came from recuiting.

Recruiting?

And you really thought this was a only a site that allowed you to connect with business friends, colleagues and partners. Did you?

see SAI Business Insider's Chart of the Day - Where LinkedIn's Revenue Comes From

Twitter - Smaller Than the Sum of it's Parts

A Google Social Network - So What.

Image by niallkennedy via Flickr"Google will launch a social network, possibly called Google Circles, at its Google I/O conference in May, according to technology blog The Next Web."

So says The UK's Daily Telegraph blog that generated a random headline on my RSS feed

Google 'to launch social network in May

And an equally random thought crossed my mind on idally reading the feed post:

"Why?" and then a few seconds later "Why bother?"

I mean, they've managed to f'up all their earlier 'social' stuff experiments.

Seriously Google guys, give it a break and get back to search...and fix up those results, will you! I mean, really. Anyone would think that since the so-called big make over the other week we were all getting back great results now.

Like hell!

Fix it Google guys.

It still sucks of pseudo 'real' search results that we all know are spam.

Facebook - Mobile Phone Hog

"Time spent on Facebook is pretty big on the desktop, but it's downright obscene for mobile, according to data from comScore looking at UK users."

From SAI Business Insider

Facebook's Stranglehold On Mobile Time

Through a FaceGlass - Facebook or the Mirror of Our Eye

With a..."clever mixture of private life and voyeurism, a sickly-sweet diet of moderate transgression and monitored freedom, has proved to be a winning recipe for Zuckerberg. Facebook has accumulated a prodigious 500 million subscribers of whom 50% log on every day, and for a total of 700 billion minutes every month."

From LMD Le Monde diplomatique (English Edition)

Facebook: the magic mirror

 

via ScribeFire

(Are you) Obsessed With Facebook.

From Techi.com

 

Link to orginal article

Apparently, A Lot of People Are Obsessed With Facebook

via ScribeFire

Who Owns Facebook? They Do!

 

From SAI Business Insider Chart of the Day

via ScribeFire

Facebook: It's a Waste of Time.

The number one reason people give for not signing up with Facebook is not privacy but "it's a waste of time", and there has been an increase in people citing this reason since Septemeber 2010.

From SAI Business Insider's Chart of the Day

The Number One Reason People Still Haven't Joined Facebook

via ScribeFire

Goldman and the $50 Billion Balloon - Facebook

"In 2009 Rolling Stone described Goldman Sachs, an investment bank, as “a great vampire squid” that likes to stick its “blood funnel” into anything that can make it money. This week the squid inked yet another high-profile deal."

From The Economist 

Is Facebook really worth $50 billion?

via ScribeFire

Facebook and the Road to a $50 Billion Dollar Valuation Helped by Russians and Now Goldmans.

"Facebook is now solidly a $50 billion company, as measured by valuation from investors, thanks to its latest round of funding -- $500 million from Goldman Sachs and DST. "

So Facebook has now the valuation that Mark Zuckerberg has been saying it should have thanks to Goldman Sachs and DST.

Right, DST who? Digital Sky Technologies a Russian company that has this really interesting web site. Check it out: DST. A lot more information on this global investor into mainly US based tech companies can be found in The New York Times Deal Book article:

Russians’ Large Stake in Facebook Grows Larger

Chart from SAI Silicon Valley Investor Chart of the day

Facebook's Bumpy Road To $50 Billion 

Tech.com - 11 Tech Predictions for Twenty Eleven.

Tech.com calls these 'risky' predictions.

Not sure why as they all look reasonable to me.

See

11 Bold Tech Predictions for 2011