Turns out that the “social graph” about which Facebook CEO Mark Zuckerberg so often speaks these days isn’t just a decades-old computer science term, it’s the basis for the monetization platform that will someday justify Facebook’s $15 billion valuation. Or so the theory goes.
MySpace is worth $65 billion in the same way that Facebook is worth $15 billion–hypothetically.
This according to RBC Capital Markets, whose media specialist David Bank (analyst of News Corp., which owns MySpace along with this site) applied Facebook’s $357 per-user valuation to MySpace’s 185 million registered users to determine the social network’s “Facebook value” (Zuckerberg [...]
As Microsoft announced that it would invest $240 million for a 1.6% stake in Facebook, valuing Mark Zuckerberg’s little Harvard project at $15 billion, Google CEO Eric Schmidt and company co-founder Sergey Brin were onstage at Google’s analyst day in Mountain View, Calif..
Coincidence? Not likely. How satisfying it must have been for Redmond to block [...]
“So how’s that Facebook deal working out for you?” Web 2.0 Summit conference program chair John Battelle asked Microsoft CEO Steve Ballmer last week. “Are you making money?”
“Rumor has it that we’re not,” Ballmer replied, adding “Mark [Zuckerberg, Facebook CEO] says we’re happy with it, so I guess we’re happy with it.” Or, rather, happy enough. Because Microsoft has beaten Google out for an ownership stake in Facebook.
Well what do you know: the media buzz around Facebook doesn’t quite correlate with the site’s usage metrics. According to September comScore data, Zuckerburbia suffered a noticeable decline in unique visitors and page views both. Uniques are down 9.3%, page views 3.8%–this during a back-to-school month in which we should have seen both numbers spike.
What’s [...]
Sanford C. Bernstein analyst Jeffrey Lindsay appears to have finished Yahoo CEO Jerry Yang’s 100-day strategic review of the company for him. In a research report issued today, Lindsay suggested Yahoo divide itself into three businesses–display advertising, Web search and subscriptions–to bolster its valuation.
Split up in such a way, Yahoo would be worth nearly $39 [...]
Bear Stearns Internet analyst Robert Peck is apparently taking the same cold medicines former Wall Street analyst Henry Blodget favors, just not in the same massive quantities.
Earlier this week Blodget–who in 2006 was laying out scenarios for a massive contraction in Google’s price–suggested the company’s shares might someday trade at $2,000. “Remember a couple years [...]
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best use of the Beeker “meee” ever.
While the technology behind the Telephone is new, the design is reassuringly old-fashioned, reminiscent of a phrenologist’s horn or ear-candle in form. We found the experience far more comfortable than the one we had with the Telegraph.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
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