RECENT NEWS
Sydney Morning Herald  11 hrs ago  Comment 
The ABC's managing director, Mark Scott, has become an avid and well-followed Twitterer. But a recent post of Scott's directing followers to a ''startling'' YouTube video titled ''Social Media Revolution'' could have the ABC boss rethinking the...
BusinessWeek  Nov 19  Comment 
With the release of Chatter, a social networking tool to help businesses keep better tabs on sales and customer service, Salesforce is joining a crowded market
Reuters  Nov 19  Comment 
U.S. sports leagues, corporate sponsors and media companies can score big points by using social media and are racing to create accounts on Facebook, MySpace and Twitter for fans.
The Globe and Mail  Nov 18  Comment 
Big four sports don't see a lot of social media revenue now but are eyeing Twitter and Facebook as revenue models
Sydney Morning Herald  Nov 18  Comment 
Government pressure on companies linked to social media networks is threatening to infringe civil liberties, an Internet forum in Egypt heard on Wednesday.
CANOE.ca  Nov 17  Comment 
BMO Capital Markets has joined a growing number of financial institutions using social media to communicate to consumers eager for financial information in uncertain economic times.
FiercePharma  Nov 17  Comment 
Last week's two-day hearing on online drug marketing and social media was definitely a marathon, both in time logged and words entered into the record. Ideas flew from online providers and drugmakers and consumer advocates alike; predictably,...
Forbes  Nov 17  Comment 
New technologies that help businesses monitor social media.
Cloud Computing  Nov 17  Comment 
Convio today announced the winners of its third annual Innovator Awards as revealed at a ceremony last night at the Convio Summit , the company’s annual conference where more than 650 nonprofit clients, partners...
MedPage Today  Nov 13  Comment 
WASHINGTON (MedPage Today) -- The FDA should clarify which adverse events drug and device companies are required to report when such events are discussed by patients in an online forum, a variety of panelists told the agency during a two-day...
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TOP CONTRIBUTORS

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.

  • 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
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