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Tag Archive: social networking sites

MySpace is Trying to Acquire Imeem

myspace_music_logoOnline social hub MySpace is in talks to acquire struggling free music streaming site imeem, two people familiar with the matter said Tuesday.

The people spoke on condition of anonymity because talks are confidential.

An announcement could be weeks away, and terms are still being negotiated, but MySpace is trying to revamp itself and its MySpace Music joint venture with the major recording companies.

An acquisition could bolster the unit of News Corp. by adding imeem’s approximately 4.5 million users, its technology and its executives, including founder and CEO Dalton Caldwell.  Read more...

Internet Use Leads to More Diverse Networks

fb-bigA new study confirms what your 130 Facebook friends and scores of Twitter followers may have already told you: The Internet and mobile phones are not linked to social isolation.

Online activities such as e-mail, blogging and frequenting Internet hangouts can even lead to larger, more diverse social networks, according to the study released Wednesday by the Pew Internet and American Life Project. The study refutes research earlier in the decade suggesting that people’s growing embrace of technology has come at the expense of close human connections.  Read more...

Ancestry.com Hopes to Raise $100 Million in IPO

ancestryGenealogy Web site Ancestry.com hopes to raise about $100 million when it goes public this week. With more than a million paying subscribers, little competition, a small debt load and a record of increasing revenues, it may fare better than other IPOs that have recently priced below their filing ranges.

The Provo, Utah-based company, which is the world’s largest online resource for birth certificates and marriage records, expects to price the shares between $12.50 and $14.50 apiece on Wednesday. Underwriters are being offered up to an additional 1.1 million shares to cover overallotments, which would boost total proceeds to about $115 million.  Read more...

Samsung Takes on Flip with HMX-U10 Compact Camcorder

Samsung Takes on Flip with HMX-U10 Compact Camcorder

It’s not secret that a portion of the YouTube generation has fallen in love with easy-to-use, Internet-savvy camcorders like the Flip HD that make it easy to shoot video and quickly pop it up onto social networking sites. Now Samsung has decided to get in on the act with the HMX-U10 full HD compact camcorder, designed with the point-and-shoot consumer in mind. the U10 can shoot full HD video at 1,920 by 1,080 resolution as well as shoot 10 megapixel still images, and a built-in Intelli-Studio application enables basic video editing and one-touch uploads to YouTube.

 Read more...

Australia To Use Twitter For Bushfire Alerts

Australia To Use Twitter For Bushfire Alerts

Earlier this year, a devastating bushfire killed 173 people in the Australian state of Victoria and destroyed countless properties. The residents said they had little in the way of early warning of the blaze.

Now the government will change that, by using social networking sites like Twitter and Facebook to give early warnings. Victorian state premier John Brumby said:

"We’ll be providing more information to the community, like Twitter and Facebook – alternative means of communication to get the information out to the public."

 Read more...

NPD: Twitterers Buy More Music

NPD: Twitterers Buy More Music

If microblogging service Twitter needed another shot in the arm (after becoming a surprising conduit of information about about unrest in Iran and being the service-of-the-moment for U.S. mass media coverage), the service got another boost today: research firm NPD says that Twitter users buy some 77 percent more digital music than average Web users. In other words, Twitter users represent an engaged online audience willing to spend money…and if nothing else makes online businesses flock to Twitter, that will.

 Read more...

Oz Bringing Social Sites to Mobile Phones

Privately-held Oz Communications of Montreal has announced Oz Mobile Social Networking, a new wireless messaging product which will enable mobile phone users to access social networking sites like MySpace and YouTube in a way which “mirrors the PC-based experience.” Oz plans to offer the system to mobile network operators and handset manufacturers as a way to let the mobile phone industry tap into the popularity of social networking and community-based Web sites…and, of course, drive revenue through sales of handsets and data transfer services.  Read more...

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