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.
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.