News and Notes on Social Network and User Behavior Analytics
In a recent articled titled From Russia With Love: Facebook Lands $200 Million, Businssweek revealed that Facebook raised $200 Million by selling 1.96% of preferred stock to Digital Sky Technologies (DST), valuing the social network at $10 billion.
While other private investors have offered to buy Facebook shares for valuations in the range of $4 billion to $6 billion, [...]
The Five Eras of the Social Web:
1) Era of Social Relationships: People connect to others and share
2) Era of Social Functionality: Social networks become like operating system
3) Era of Social Colonization: Every experience can now be social
4) Era of Social Context: Personalized and accurate content
5) Era of Social Commerce: Communities define future products and services
Timing [...]
In the not so distant past Facebook introduced an API that gives access to a user’s status updates. By ’status’, we mean the sort of information that first became commonplace with IM, when users would let their contacts know whether they were online and how available they were — busy, on a call, in a meeting, out [...]
A very interesting article just appeared on Time.com describing why Social Networks maynot always make a good business. In some of my earlier blogs, I talked about the need to have a strong business model and value proposition for Facebook to succeed. Thats why I gave Twitter a much higher probability of success than Facebook.
I [...]
A better question is does Facebook have any core competence … I have a sneaking suspiscion that Facebook is falling into the trap of being everything to everyone. While thats a good dream, it is very rarely real. Every successful company has had a core competence and Facebook needs to find, define and evolve its [...]
As predicted in an earlier post, Facebook has retracted their T&Cs
A couple of weeks ago, we posted an update to our Terms of Use that we hoped would clarify some parts of it for our users. Over the past couple of days, we have received a lot of questions and comments about these updated terms [...]
A post on Mashable talked about Facebook’s plan to monetize using data and allowing marketers to poll.
Facebook finally has a plan on how to monetize its vast user base: according to the Telegraph, they will allow market research companies to poll Facebook users on various details of their personal life.
Yes, that means your sexual orientation, your interests, [...]
Mark Zuckerberg says, with regards to the changes in the privacy and data ownership, that the issues are not so cut and dry. When you share your data with someone else, whether it be an email or a photo, it becomes their data as well. You cannot normally rescind data you share with other people [...]
This is a interesting post that I read about how Twitter has not come up with a business model but yet was able to raise $35M of unsolicited funds. Reminds me of irrational exhuberance of the tech bubble. Whats even more astonishing is that its happening in the wake of the biggest credit crisis of [...]
Late last week, social networking site Facebook introduced an API that gives access to a user’s status updates.
By ’status’, Wilson means the sort of information that first became commonplace with IM, when users would let their contacts know whether they were online and how available they were — busy, on a call, in a meeting, out [...]