The SNW/SMC Industry Insider is the weekly news summary for the social networking industry
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~ SOCIAL MEDIA CONFERENCE & STRATEGIC COMMUNICATIONS CONFERENCE ~:
*NEW*: VIDEO UPDATE ON MOSCOW: http://socialmediaconference.com/T/4.php (includes Visa Info)
MOSCOW EVENT (SEPT 29-30, 2011):
The next social media conference will be held in Moscow, RUSSIA on September 29-30 2011.
Speakers include Odnoklassniki, Mail.ru, Moneybookers, Kiwi, Megaphone, Sheremetevo Airport, livejournal.com, erTelecom.ru, IQMan.ru...and others.
Please plan now for your travel.
Visa info: http://www.socialmediaconference.com/venue-moscow-2011.php
Register at the event on September 29-30. http://www.socialmediaconference.com/form-1-moscow.php
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:~ TOP SOCIAL NETWORKING WATCH NEWS ITEMS AND INTERVIEW ~:
The Top Viral Video Campaign, Updated September 22nd, 2011
http://tinyurl.com/adcampaign125
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Mark Zuckerberg Now Wealthier Than Google Founders
MASHABLE - Sep 22 - Facebook CEO Mark Zuckerberg has a personal net worth of $17.5 billion, edging out Google founders Sergey Brin and Larry Page for the first time, according to Forbes‘s annual “Richest People in America” list. Zuckerberg, who was number 35 on the list last year, is number 14 on the list now, just below Amazon CEO Jeff Bezos, who has a personal fortune worth $19.1 billion.
http://www.socialnetworkingwatch.com/2011/09/mark-zuckerberg-now-wealthier-than-google-founders.html
Twitter Buys Julpan to Power Social Search
READ WRITE WEB - Sep 21 - Julpan, a New York-based social search startup founded by former Google scientist Ori Allon, has been acquired by Twitter. Julpan algorithmically analyzes social Web activity to make search results personally relevant.
http://www.socialnetworkingwatch.com/2011/09/twitter-buys-julpan-to-power-social-search.html
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Accept multiple currency payments through Optimal Payments. Fraud prevention tools, custom reporting, and premier customer support. For more information visit www.optimalpayments.com
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Google+ Now Open to Public
PROFIT NDTV - Sep 21 - Google has thrown open its recently launched social network to everyone. Google unveiled 'Google Plus' in late June as part of efforts to garner a share of the lucrative social networking space that has so far been dominated by Facebook, which has ~750M users worldwide.
http://www.socialnetworkingwatch.com/2011/09/google-now-open-to-public.html
Glam Buys Ning for $150 Million
TECH CRUNCH - Sep 21 - Ning has finally found a home. Glam Media is buying the network of social networks. A source puts the deal price higher, at $150 million. Ning’s co-founder, chairman, and original investor Marc Andreessen will be joining Glam’s board as part of the deal.
http://www.socialnetworkingwatch.com/2011/09/glam-buys-ning-for-150-million.html
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Halve your customer service team costs! Procall knows internet dating, and is ready to help you offshore your customer service center, and compete!
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Facebook Global Revenue Expected to Hit $4.27B
CNET NEWS - Sep 20 - Facebook global revenue will hit $4.27 billion this year, up from $2 billion last year, according to eMarketer. Facebook is also on track to pull in $3.8 billion from advertising worldwide, that's up 104% compared to last year's $1.86 billion. Facebook is widely expected to file next year for an IPO, which some reports say could be based on a valuation of $100 billion.
http://www.socialnetworkingwatch.com/2011/09/facebook-global-revenue-expected-to-hit-427b.html
MyHeritage.com Acquires BackupMyTree
TECH CRUNCH - Sep 20 - MyHeritage.com, a relatively heavily-funded Israeli startup operating a huge family-based social network, has acquired BackupMyTree, which enables people to automatically backup their family history for free. This is the sixth acquisition by MyHeritage.com – recent purchases include Germany’s OSN , Poland’s Bliscy.pl and Dutch Family Network ZOOOF. MyHeritage.com says its is now home to ~800M profiles and 20M family trees.
http://www.socialnetworkingwatch.com/2011/09/myheritagecom-acquires-backupmytree.html
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iTelebill is offering mobile recurring billing which leads to higher conversions at no additional cost to site. Perfect for members where credit cards are not possible. Visit www.itelebill.com.
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Google Buys German Groupon Clone DailyDeal
TECH CRUNCH - Sep 19 - DailyDeal.de, a German Groupon clone launched in Berlin in Dec '09, has been acquired by Google. DailyDeal did not disclose the financial terms of the agreement. The company offers visitors daily deals in Germany, Austria and Switzerland and has raised ~$10M .
http://www.socialnetworkingwatch.com/2011/09/google-buys-german-groupon-clone-dailydeal.html
YouTube Founders Buy Yahoo Castoff Delicious
NY TIMES - Sep 19 - YouTube founders Chad Hurley and Steve Chen are trying to inject new life into Delicious, a social bookmarking service that Yahoo was ready to abandon after it failed to build a broad audience. "What we plan to do," Hurley said, "is try to introduce Delicious to the rest of the world." They declined to disclose financial details of the transaction. The revamped service will still resemble the original Delicious when it opens to the public, which would happen this year.
http://www.socialnetworkingwatch.com/2011/09/youtube-founders-buy-yahoo-castoff-delicious.html
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:~ TWITTER ~:
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:~ DAILY DEALS OBSERVER ~:
Daily deal sites like Groupon and Living Social are storming along. We thought it would be nice if there was a news illumination blog for the daily deals industry. So we created The Daily Deals Observer. We hope you like it, and it's useful for you.
http://www.dailydealsobserver.com
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The business conference for the social networking industry @ SocialMediaConference.com
Industry Message Boards @ mb.socialnetworkingonference.com
Conference Organiser, Marc Lesnick, marc@lesnick.net, 212-722-1744
Social Networking Watch, www.socialnetworkingwatch.com or snw1.com
Editor: Mark Brooks, mark@socialnetworkingwatch.com, 212-444-1636