Charlie Hoult’s search for the Next Big Thing – internet, marketing, brand, media business: business models, cool opportunities, comment
A great article in today’s FT – click here.
Good news for Facebook… but the spectre of Twitter is haunting them… and Google isn’t even in the race.
The basics:
Mark Zuckerberg is founder and boss and still only 25 yrs old
Facebook expects annual revenues to break $500m (with $200m recent new investment, valuation of $10bill)
225m active users
09 annualised growth 125% (against Twitter 1318% – and Myspace 9%)
We’re told that Kindle has taken off in the US – but I’ve got nothing to judge that.
It’s interesting to see the publisher of Cosmopolitan and Esquire is having a crack at developing a large format e-reader – presumably sufficiently sized to display a spread of a glossy mag.
The story is posted – click here…
Hearst’s head of interactive Kenneth Bronfin led an investment by Hearst more than a decade ago in E Ink, a Cambridge, Mass.-based startup spun out of research at MIT, that supplies the electronic-ink technology used in the vast majority of e-readers on the market today, including Amazon’s (AMZN, Fortune 500) Kindle, devices from Sony (SNY), and a crop of next-generation products set to launch in the next 12 to 18 months
This pick-up thanks to the FT’s techblog (here) that I picked up on a tweet from THIS twitter feed. Interesting other stat on the blog is that Facebook’s Zuckerman says they are still gaining 5 million users per month, including 1 million in the US! NBC interview – and blog commentary here.
Blimey, I’m all wired up.
Is it the end of an affair, or a tiff on the way to a happy, long marriage?
http://www.readwriteweb.com/archives/microsoft_stake_in_facebook_be.php
Sorry. Shameless rip from ReadWriteWeb…
