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Twitter finally finds its cash cow?

There’s money in micro-blogging. Twitter has made an astounding $25 million (roughly about 15.5 million pounds) just from deals made with Google and Microsoft.

More than half of it is from Google ($15 million), says BusinessWeek, which interviewed two insiders who are familiar with Twitter’s finances — and apparently, the deals made in the boardroom. “The deals were huge,” one says, of the contract signed just two months ago, in October.

And if the numbers are to be believed, he wasn’t exaggerating. With $25 million in just two months it will be interesting how much revenue the company will rake in 2010. Especially since, as Twitter co-founder Biz Stone one said, things are just starting to come together. He’s put a team dedicated to finetuning the site’s “search and discovery perspective.”

The success of Twitter is how it’s turned micro-blogs into an instant feedback system. “Twitter is earning a reputation for delivering real-time results to queries about things that are happening right now.”

Too bad the execs won’t be Twittering if the revenue results are true. The company’s had prior financial struggles, and as recently as November Stone mentioned in his blog that it may use stocks to raise funds.

College Blog Network morphs into CollegeBlender

College Blog Network recently announced that it has transitioned into its new site CollegeBlender.com.

According to CollegeBlender’s Spencer March, the new site will still have all of the blogs visitors have come to love and are faithfully following in College Blog Network. But the blogs have also undergone major improvements in terms of tagging, advance comments, and an iframe toolbar. Other improvements include new ranking algorithms. The blogs have also shifted focus to enable it to grow into an online community, especially with the addition of updated profile settings and other features.

The guys at CollegeBlender hope that the new site will evolve more from College Blog Network’s initial objective of being a home for college bloggers. The goal for CollegeBlender is to become the online home for all things connected to college media.

CollegeBlender still maintains a strict registration process. Only real students can register in the site and this is enforced by requiring registrants to provide a .EDU email.

“Memorial” Facebook pages becoming popular

Facebook has become such a big phenomenon that even the deceased are finding a home within its pages.

Facebook recently announced it has implemented a new privacy setting that will allow family and friends to turn the online Facebook profiles of their departed loved ones in to some kind of memorial.

The idea for the memorialized Facebook profile had its beginnings when the friend of a Facebook employee was tragically killed in an accident. The deceased also happens to be a Facebook employee. One of the natural directions of the conversations among the officemates was what to do with the deceased Facebook profile.

The memorialized Facebook profile has some features removed. Basically, what is deeemd as sensitive information like contact information and status updates are removed. The profile is also removed from the public search. Only the people who were already accepted as friends before will be able to view the memorialized profile.

Despite some claims of commercialization of the dead, I actually like this idea. It’s a great way of remembering the people that we love who have passed away.

Geocities to close down October 2009

Geocities was one of those free internet services that, to my mind, really contributed to the explosive growth of the internet. It was also instrumental for many kids learning how to build their own websites.

But as with all things electronic or internet-based — its existence is fleeting even though its impact was undeniably massive. Yahoo!, who acquired the service in 1999 for $3.57 billion in stock, has announced that it will be closing the web hosting service on October 26, 2009 — and with it another chapter in the still morphing life of the internet.

The sobering note said that by the aforementioned date “your GeoCities site will no longer appear on the Web, and you will no longer be able to access your GeoCities account and files.

“If you’d like to move your web site, or save the images and other files you’ve posted online, please act now by downloading your files or upgrading to Yahoo! Web Hosting.”

It’s really quite sad to see another pioneer shutting down. Geocities, at its height, was THE place to be. AEveryone wanted to build their own websites and Geocities was the place to put them in. Geocities was also considered the first online community (remember those webrings?) — the larval stage of what will eventually become the social networking phenomenon that we see today.

Goodbye, Geocities.

Michael Jackson’s death almost brought down social media sites

Michael Jackson’s death last Thursday shocked the world. And despite the general consensus that Jackson is a has-been, his death proved that he has made an indelible mark on the world. In fact, the outpouring of sentiments on his death almost bogged down all of the social media sites.

Twitters from thousands of people reporting or giving their opinions on Jackson’s death slowed down the popular micro blogging service to a near crawl. It got so bad that Twitter had to temporarily disable its home page search field. Imagine seeing the number of tweets doubling per second! That could be a record of sorts.

But even non-social media sites were also affected. The web sites of Time Warner, Walt Disney, ABC, CBS and the Los Angeles Times, all experienced slowdowns.

So what is the significance of this? It puts into question how different networks — social media, blog networks, corporate sites — and its respective servers are addressing the growing number of internet users. Is there really a proper scaling strategy to account for the continued explosive growth of the internet, especially when we consider that social media sites are actually enticing more and more people to go online? Heck, even my wife’s 70 year old aunt just opened a Facebook account.

Twittering Protests – Social Media Put to Good Use !

As expected, the recent elections have sparked anger over the blatant disregard of personal freedom for supporters of the opposition leader Moussavi who say they have been cheated. As expected, the closed state tries to silence protests and other forms of civil disobedience by blocking or interrupting mobile phone services and of all internet-based services Twitter which has been one of the best sources of information, responsible for the organization of protests in the capital Tehran that has managed to go through the information blockade. The portability and effectivity of Twitter to bring instantaneous news out to the rest of the world has put supposedly elected President Ahmadinejad mad as hell at attempts of what he calls are Western powers who have been giving the Iranian political system a shaking it should not have been subjected to. read on

ValleyWag on Apple’s Jobs SEC Dilemma

The network discusses the growing rift between Steve Jobs and his former CFO regarding and issue that surfaces regarding Jobs landing in hot water with the SEC over some stock options that were seemingly over the edge. Stock options to major companies have always been part of corporate culture and the same is with Apple, one of the biggest earners in today’s technology driven world. The scandal has some millions of dollars in question regarding the value and amounts of shares the former colleagues used to share that some accuse the former CFO of blowing the whistle out on which led to his eviction from the board of directors in 2006. After all the finger pointing and accusations, Steve lands in the sights of the SEC read on

Green Options Gas 2.0 on the PLUG

News that all major players in the electric car race have standardized their plugs for a combined effort is welcome news indeed. but is it really a question of feasibility and inter-cooperation? Nope, it’s about dominance in a rising green car market that rivals the likes of events in the IT industry where profits is a direct result of dominance of a budding market worth billions. From Europe to the US, these auto makers have seemingly agreed to take up read on

TechCrunch on Microsoft’s IM

Years back when the industry was still in infancy and Microsoft has been ruling most of the IT industry in terms of profits or should we say overall dominance, Yahoo and Google came up with the bright idea of a system that would allow subscribers of their free web-based email service to do lots of nifty stuff with contacts and friends who also had accounts with the same email services. Microsoft has introduced the same functionality to their long standing HotMail web-based messaging service which many have been waiting decades for. Yahoo and Google read on

From the Blorge Pages

Blorge is watching the move by iTunes to give iTunes attitude with a push from the many music labels like EMI, Sony, Warner and many more to implement an adaptive pricing policy that can have you getting a hot new song for as much as a $1.50. That’s what the proposal was for they were trying to find a way of getting more cash from the ever popular store where Apple has been getting tons of cash and of course, they say they should be getting their fair share.
read on