RECENT NEWS
Forbes  5 hrs ago  Comment 
Back in the day (circa 2007), the surefire route to a high profile firing was to get canned by Donald Trump on The Apprentice. Now, as employees across the work world find themselves armed with smartphones and a just few taps away from a tweet,...
Sydney Morning Herald  11 hrs ago  Comment 
NRL players have been warned to take responsibility for their social media accounts after North Queensland halfback Robert Lui told the club a cousin of his sent a tweet from his Twitter account about a bet on the result of Saturday night's match...
TechCrunch  Apr 29  Comment 
Chris Dixon, the entrepreneur-turned angel investor-turned general partner at VC firm Andreessen Horowitz, today said that he believes the 3D printing movement has the potential to revolutionize manufacturing and that it is an area where he would...
guardian.co.uk  Apr 29  Comment 
These five simple steps will help small businesses to give their increasingly discerning customers exactly what they want I work with countless small businesses up and down the country and whether you're running a team of four or a team of 250,...
New York Times  Apr 29  Comment 
After a Twitter hoax caused the Dow to drop temporarily by 150 points, regulators are increasingly concerned about the combination of social media and high-frequency trading.     
New York Times  Apr 28  Comment 
FleishmanHillard, founded in 1946, is expanding to offer services like advertising and social media marketing in addition to public relations.     
TechCrunch  Apr 28  Comment 
Like many avid sports fans, Shailo Rao, Sagar Savant and Vam Makam are well-familiar with how frustrating it can be to find quality, relevant sports content -- especially on Twitter and other social media. Rao tells me over coffee that, as a PhD...
Forbes  Apr 27  Comment 
A few weeks ago, I alerted readers to the growing problem of Twitter spam and now news comes that this is not the domain of underground players but one where large brands and stars may also be playing, purchasing fake followers to puff up their...
The Globe and Mail  Apr 27  Comment 
Hyundai U.K. has apologized on social media for a shocking ad that used the prospect of suicide to sell the features of a new car




 

Social media describes websites that allow users to share content, media, etc. Common examples are the popular social networking sites like Friendster, Facebook, MySpace, etc. Social media also includes YouTube, Photobucket, Flickr, and other sites aimed at photo and video sharing. News aggregation and online reference sources, examples of which are Digg and Wikipedia, are also counted in the social media bucket. Micro-blogging sites such as twitter can also be included as social media.

  • News Corporation (NWS) owns Myspace, the most-viewed website in the world. It also purchased Photobucket, a photo-sharing website.
  • Yahoo! (YHOO) has been making moves to enter the social media segment. Its Flickr photo-sharing website and 360 social networking site are examples of this.
  • Google (GOOG) purchased YouTube, a leading online video sharing website.
  • Microsoft (MSFT) announced a minority $240 million investment in Facebook in late October, valuing the company at an estimated $5 to $15 billion overall.
  • AOL announced on March 2008 the $850 million purchase of Bebo. At the time, Bebo was the third largest social networking site behind MySpace and Facebook in terms of page views and unique monthly visitors, both key metrics for online advertising

Which are top 10 social media?

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