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Here's A Billion-Dollar Business For Facebook
Here's A Billion-Dollar Business For Facebook
We hear Facebook's 2008 revenues will come in lower than expected . Besides the economy, there is one big reason why. Ad agency execs tell us Facebook has so far failed to develop an ad product that is a must-buy. This might not be Facebook's fault. Asked in a recent poll which social media ...
Facebook Tries to Woo Marketers
Facebook Tries to Woo Marketers
online.wsj.com — Despite its surging Internet audience, Facebook Inc. has yet to prove it can wring steady revenue out of advertisers. Now it's trying a new tactic to woo Madison Avenue. The Palo Alto, Calif., company is rolling out a new ad format called "engagement ... (more) Facebook Tries to Woo Marketers
Facebook Stock Now Worth About $4 Billion
Facebook Stock Now Worth About $4 Billion
alleyinsider.com — Facebook's common stock is now changing hands in private sales at about a $4 billion valuation, a source says (unconfirmed). And Facebook CFO Gideon Yu is indeed trying to raise money in Dubai , the source says (also unconfirmed). As we all know, ... (more) Facebook Stock Now Worth About $4 Billion
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First Bytes: Facebook, Apple, IBM, More
Tech Observer — How President Obama can use the web to improve government. [GigaOm] A billion dollar business for Facebook? [SiliconAlleyInsider] Is Apple building a search engine? [TechCrunch] Nuke site converted into green data center. [Slashdot] IBM will develop power-line broadband. [eFluxMedia] --Andrea Chalupa Related Links First Bytes: Facebook, MySpace, Google, Yahoo, IBM, AMD, Sony Ericsson First Bytes: Google, Bezos, Facebook, more First Bytes: Wink, Reunion, Kindle, ...

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