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LOVEFiLM's Craig Sullivan provides a weekly overview of the key news stories to emerge this week in the online video sector.
A new social networking site has gone live, providing user-generated information for holidaymakers and UK commuters.
Founded by 27 year old Oxford grad James Holmes, Travelhiker.com allows members to share photos, diaries and reviews, as well as to find companions for trips.
Whilst looking through our site visitors stats recently I noticed two big spikes in traffic.
What may have caused them...?
US newspaper groups could face a US$20 billion shortfall in the next five years as readers and advertisers shift to the web, according to researchers .
Analyst group Outsell said a ‘perfect storm’ of declining circulation, pressure on print advertising and rapid growth of online news media would lead to a huge revenue gap for the newspaper industry by 2010.
WPP has made its second foray in a month into the social media space with the purchase of a stake in reputation monitoring company Visible Technologies.
The ad giant said it had agreed to buy a quarter of the Seattle-based firm and entered into an option to acquire a further 26%.
In another indication of growing interest among VCs in Web 2.0 outfits, Netvibes has raised US$15 million in a round of financing led by existing backer Index Ventures.
The Paris and London-based start-up, which claims to have recruited five million users of its customisable Ajax home page, plans to use the funding to help it take on rivals such as Microsoft's Live.com and Pageflakes.
Analyst group Gartner has included mashups, Ajax and other elements of Web 2.0 in a report that predicts which key technologies are likely to impact on businesses over the next decade.
Britain’s youth is driving a ‘radical shift in media consumption’ away from TV, radio and newspapers and onto the web, according to industry regulator Ofcom.
Ofcom’s Communications Market Report for 2005 shows declining interest in TV among 16-24 year olds, who watched one hour of TV less per day than the average viewer last year.
On a scale of one to two point zero, how are the UK’s newspaper groups doing in terms of their adoption of Web 2.0 concepts, tools and approaches?
Ian Delaney, a UK journalist who blogs about Web 2.0 over at twopointouch.com, alerted me to a fine piece of analysis conducted by the BBC’s Robin Hammon, who has looked into this topic in some detail.
Search goes super holistic at San Jose. Blogs, reputation management, content and communities are big on the agenda as well as the return of creative advertising, this time by way of Google and Yahoo!
Michael Arrington has launched the latest addition to the Crunch Network, CrunchBoard, which is a job board aimed at the tech savvy Web 2.0 crowd. Adds another player to the Web 2.0 job finding options...
This week’s Bebo acquisition rumour comes in the shape of Viacom, the also-rans in the MySpace courtship battle. With Bebo in no rush to sell, we don’t anticipate this latest industry gossip will become a reality anytime soon.
It is plainly obvious that Big Media Companies are now scrambling all of their M&A jets in search of social networking sites to buy. This was previously something that seemed a little bit like bandwagon jumping a few months ago, but now there is a real reason for it.