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)
"...their impact could be momentous for the development of poor countries. They make bad physical infrastructure less of a problem; they connect the world’s poor to the digital economy; they help them learn; they give them a voice; they cut out middle-men."
From The Economist Baobab Blog
Image courtsey of CP-Africa from their article Apps 4 Africa Winners Announced!
All you ever wanted to know about Steve Jobs and Apple.
And well researched and written, as well by Gizmodo
The Life of Steve Jobs - So Far
"How much is a unique visitor worth on the Internet? Depends on who you are. Amazon (e-commerce) is generating $189 per user. Google (search) is generating $24 per user. Facebook (social networking) is only generating $4 per user according to this chart from JP Morgan's Imran Khan. "
From SAI Business Insider Chart of the Day
Here's How Much A Unique Visitor Is Worth
Stephen Bartholomeusz, writing in the Australian Business Spectator, in an article entitled
False iPad hope? (free sign up required to view).
This blogger finds it ironic that a writer in what is a essentially a free online publication, doing very well with it's model, needs to wonder which online model will work for traditional journalism. The following models will not work:
The models that do work are:
Everyone else is doomed to failure.
So get on the advert supported band wagon and stop winging about it...!
"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
The Economist Blog Babbage notes a problem that we don't have here in Edge City
"The term “light pollution” is not, it seems, a metaphor. The light that emanates from cities all over the world not only deprives their citizens of the pleasure of seeing the Milky Way on a moonless night, it also diminishes the freshness of the air they breathe at dawn. It interferes, says Harald Stark of American’s National Oceanic and Atmospheric Administration (NOAA), with the chemicals that mop up nasty molecules that are the raw materials of smog."
Full article
