Social Networking – Next .com Boom? at FinGad.com

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Categorie: Recreation
Submitted 11 months ago by

Dmartel , Free Lance Writer at Affordable Web Design and Marketing

Is social networking technology the next jump in the .com boom that we can expect to see? A few years back, who had ever heard of Facebook, Myspace or other of the social networking sites that we hear every day (even on the news). More and more companies are seeking new and innovative ways to tap into these online social networking sites for advertising, and it is estimated that nearly 4 billion dollars could be spent on advertising by 2011. How many of us can forget when Rupert Murdoch’s company News Corp. purchased MySpace for $480 million (July 2005) and many questioned why he’d do that given that it was considered little more than an overcrowded hangout for teenagers? Today, MySpace has more than 220 million registered users and is turning a profit, anticipating more than $500 million in revenue during the fiscal 2007 year. Clearly the decision makers at Microsoft feel that this trend can only continue, since last month they purchased a stake of over 240 million dollars in Facebook just last month. We anticipate that this is in direct relation to Microsofts long term plans to gain some control over online ads (According to Steve Ballmer it is anticipated that online ads would be 25% of their business). And of course what abou... More...

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#1 | Lovephileo @ 6 months ago WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER User Rank : 413 Portfoilo Balance: $1,110,169.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: That's why microsoft is making most of its bid to take Yahoo on hand and rule over internet advertising. If they fail, then they will make a Yahoo version of their own. Otherwise, they will turn their eyes to their rival King of Ads _GOOGLE to make friends with and overcome it.
#2 | Lovephileo @ 6 months ago WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER User Rank : 413 Portfoilo Balance: $1,110,169.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: That's why microsoft is making most of its bid to take Yahoo on hand and rule over internet advertising. If they fail, then they will make a Yahoo version of their own. Otherwise, they will turn their eyes to their rival King of Ads _GOOGLE to make friends with and overcome it.

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