MySpace sale offers tough lessons in social networking

Posted by & filed under Competitive Advantage, IT Trends, Social Networks.

Discussion: Six years after News Corp acquired MySpace, they sold it for $545 million less than their original purchase price.  MySpace is different from other social networking sites (like Facebook and Twitter) because it was founded by people from the entertainment industry who struggled with the technology needed to make the company successful as it… Read more »

Forbes – TheirSpace.com

Posted by & filed under Social Computing, Social Networks, Web 2.0.

                  Description: Link to Forbes article on social networking sites that connect tens of millions of cybersurfers. Naturally, marketers want to capitalize on the phenomenon with their own virtual neighborhoods. Source: Forbes.com Date: 5/8/2006 Link: http://www.forbes.com/business/forbes/2006/0508/122.html Discussion Questions: What does the author mean when referring to “their space”… Read more »