RECENT NEWS
New York Times  Dec 15  Comment 
With the police cordoning off part of Sydney, Australia, over a hostage-taking on Monday, many who were stranded in the area were forced to pay roughly four times the normal Uber rate, according to complaints on social media.
TechCrunch  Dec 15  Comment 
 The hostage situation in Sydney’s busy city district has crossed over into day two, with the identity of the hostage taker revealed as Man Haron Monis. The perpetrator, 49, is a self-proclaimed sheikh already pending trial and out on bail for...
Benzinga  Dec 15  Comment 
The stock market ran into a rough patch last week as deflating energy prices and weakening junk bonds cast a dark cloud over the major indices. The Dow Jones Industrial Average ETF (NYSE: DIA) fell particularly hard on Friday and is now 3.63...
MedPage Today  Dec 14  Comment 
(MedPage Today) -- Help from Yelp? Don't laugh
New York Times  Dec 13  Comment 
Social media companies are often reluctant to become arbiters of appropriate and inappropriate speech online.
TheStreet.com  Dec 13  Comment 
NEW YORK (TheStreet) - The list of new business books coming out this week is short and sweet, but could make for good holiday presents.  Still struggling to engage in social media marketing? Check out "Social Media Marketing for Dummies" on...
TechCrunch  Dec 12  Comment 
 Remember Wahooly? We wrote about the startup a couple of years ago, describing it as “Klout meets Kickstarter” because it allowed users to gain startup equity in exchange for promoting the company on social media. Since then, Wahooly joined...
Forbes  Dec 12  Comment 
“Don’t for a minute think that what social media analytics are showing you is a representative picture of how your customers as a whole see you,” cautions Alexandra Samuel VP of Social Media at tech company Vision Critical . Since the most...




 

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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