After days of chatter, MySpace made its acquisition of social music discovery startup iLike official today. The company, which is best known for its popular Facebook music app, will see its social discovery technology applied in new areas such as gaming, according to MySpace CEO Owen van Natta. To that end, iLike was acquired by MySpace Inc., not MySpace's digital music joint venture.
According to the acquisition announcement, the current iLike experience that users have come to love will be "unaffected by
the acquisition" and iLike will continue to be headquarted in Seattle.
The social media statistics I posted a few weeks ago seemed to strike a chord amongst the digital community, especially in highlighting just how big an issue this particular area of online currently is. So I’m happy to say that I’ve trawled around the internet to bring you some more snippets of useful data and awesome figures.
As a bit of a statistical nerd, I like to keep an eye on the latest statistics on social network usage. Anybody who reads the Tamar blog will know that I regularly report on how Facebook in particular is growing, but until recently I had very little to compare it against.
Finding accurate and up-to-date information on MySpace is nye-on impossible (unless I'm missing a trick?) and Bebo proved fairly hard to find as well. We've all heard that Bebo is supposed to be the social network of choice for kids, and Facebook proves much more popular for the older generation, but do the numbers back this up?
Social media remains the hot topic of the digital world and I often get asked about the various statistics involved. This in itself is fairly difficult, as this particular online sphere is constantly shifting, evolving and growing at an astronomical rate. But I’ve
pulled together some interesting (and hopefully useful) data for a
couple of the bigger players in the market...
Did faulty servers kill Friendster? Discussions of Friendster may sound like ghosts from social networking's past, but the site's founder Jonathan Abrams is back in the news today, telling the LA Times today that Friendster got too big too fast, and attributes his company's downfall to poor functionality resulting from exponential growth.
Abrams, who's now working on start-up Socializr, says that MySpace was able to eat Friendster's lunch because of better targeting and reliability:
"They opened it up to minors, which hadn't even occurred to me for
the legal and safety reasons... the real
reason that Friendster got supplanted by MySpace in the U.S. was that
MySpace's website just worked and Friendster's didn't."
While dependability is key to a website's success, Abrams is still missing the big picture on what makes social networks stick around online.
News of Michael Jackson's death last month nearly shut down the Internets with interest and confusion as people went online to check and discuss the news. Today is the pop singer's memorial service in Los Angeles and online news channels and video hubs are preparing for similar levels of traffic.
Everyone - from the BBC to USA Today and MySpace - is planning to live stream the service, which is today at 10:00 PST at the Staples Center in Los Angeles. If viewer interest comes anywhere near the level expected by these sites, the whole Internet might shut down. Alternately, it could illustrate the potential of online video left untouched by profit motives.
Facebook's changes to the way it deals with privacy and sharing settings represent a major shift in the type of social networking Facebook is encouraging its users to engage in.
The company has long prided itself on giving users the ability to control who sees what you share on its network and even went so far as to create a privacy regime that many found overly complicated.
Friendster provided the quintessential story of a hot company that rose quickly and fell even quicker. At one point, Friendster seemed set to dominate the social networking market.
Then two upstarts, MySpace and Facebook, left it battered and bruised. While the company still exists, the chances that it will ever recapture its past glory seem, to some observers, slim to none.
The tough economy has led to an uptick in advertising experimentation online, but one thing that publishers have not approved is also on the rise — ads imbedded with malware.
Websites have long taken to selling their advertising through a number
of different strategies, including but not limited to in house salesmen,
ad networks and exchanges. But the diverse and varied nature of online ad selling has its own set of
concerns for publishers, now including the threat of viruses.
Research in Motion has had a major hurdle in the way of selling its smartphones over the past few years: it's called the iPhone. The Blackberry may have sold 6.7 million smartphones in the third quarter of last year, but that was a record quarter, and Apple shipped 6.9 million iPhones in the first quarter of its existence.
The other problem is that the iPhone has incredibly high user participation rates online. There are many more conversations about the iPhone happening on the web than the iPhone, which RIM is tring to fix.
As the Blackberry maker learned last year, 76% of consumers don’t think companies tell the truth in advertising, while 78% trust the recommendation of other consumers. According to Brian Wallace, Director of Global Digital Marketing for RIM, money spent on advertising and an appealing website was effectively wasted: “we were where our customers were not.”