Posts in Social

Google buys YouTube – conference call extracts

So we know that YouTube is being bought by Google, for a whopping $1.65bn, but what did the Google founders have to say about the YouTube acquisition?

Read choice snippets from today's conference call after the jump...

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Google to buy YouTube for $1.65bn in web video push

Google buys YouTube for $1.65bn Google is to acquire YouTube for $1.65bn in an all-stock deal, in a move that may spark a flurry of M&A activity across the internet sector.

YouTube will remain a distinct, standalone brand, with the founders and all 67 employees remaining with the company.

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WPP's Martin Sorrell on Google, China and the internet

Sir Martin Sorrell talks to E-consultancy Sir Martin Sorrell’s WPP has made a series of investments in the online space this year, most recently the purchase of a 10% stake in Spot Runner, the US-based online ad agency which had also attracted the attention of Google.

He told us why...

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Chinese bloggers reach 17 million mark

The number of bloggers in China has now topped the 17 million mark, and 34 million have signed up for blog accounts, according to a recent survey.

The research, by the China Internet Network Information Centre, also revealed that 75 million people read blogs on a regular basis in China, more than half of the 123 million internet users in the country.

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Digg disables pay-per-vote service

Digg has clamped down on a new service which claims to allow publishers to manipulate ratings on the social bookmarking site.

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Battle for YouTube commences - Google vs News Corp?

Michael Arrington has reported a rumour that Google “may be in the final stages” of a US$1.6 billion deal for video sharing behemoth YouTube.

If the rumour is true and the deal goes through it could be another coup for Google, though it might yet turn out to be a big headache for the search giant, as YouTube has some significant issues with regards to copyright and content control.

Nonetheless, YouTube is now a real A-list website among the world's internet users and surely it is just a matter of time before the founders accept an offer. The mooted valuation reflects the company's meteoric growth.

Google, for obvious reasons, told us that it couldn't comment on the rumour either way, as is company policy. YouTube is being reported as keeping schtum too.

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Wow, we won two AOP Awards...

On Wednesday night we attended the AOP Awards dinner, having been nominated in two categories, neither of which we remotely expected to win. But thanks to the fantastic skills of the judging panel, and to our complete astonishment, we won both of them.

E-consultancy won the awards for Online Publisher 2006 and also Editorial Team 2006, both in the business category.

Ashley and Matt from E-consultancy collect the second award

We are still feeling all warm and fuzzy as a result, although that might have something to do with our fiendish celebrations...

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Myspace sees shift to over-35s

More than 50% of Myspace’s US visitors are now over 35 years of age, according to a report that shows the site’s appeal to older internet users is increasing as its mainstream popularity grows.

The research, by comScore Media Metrix, shows the site’s teenage visitors form a much lower percentage of its audience compared to last year, while over four in ten Myspace users are now between the ages of 35 and 54.

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Skype founders to compete with YouTube

Skype founders Janus Friis and Niklas Zennstrom are working on a secretive project which will see them compete with YouTube in the online video market.

The website, currently under the working title of the Venice Project, will aim to combine the video sharing of YouTube with the added attraction of professionally produced TV and video content.

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Bebo closes gap on eBay in UK

Social networking site Bebo could be set to take over from eBay as the UK’s most searched for site, according to a study by Hitwise .

The analyst group says the number of UK web searches for 'Bebo' has tripled in the past six months and risen by 17.6% in the past quarter alone.

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Social networkers expose themselves to hackers

A new US study has shown the risks that surfers are taking when using social networking sites such as MySpace and Facebook.

The study, conducted by enterprise IT management company CA and the National Cyber Security Alliance, reveals that users of such sites are vulnerable to hackers and identity thieves.

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Should Web 2.0 startups seek venture capital?

Web 2.0 startups shouldn’t bother seeking VC money, according to Neil Sequeira of General Catalyst Partners, because “there have not yet been these type of exits that generated venture capital type returns”.

Neil is a VC who made these comments at the AjaxWorld Expo in California, but I’m not sure he’s entirely correct in his observations.

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