Submitted by Diane Corriette:
In the US, eMarketer projects that the number of user-generated content creators will rise from 77 million in 2007 to 108 million in 2012.
But does user generated content make money?. (Read More)
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TechCrunch
Social network platform Ning joined Slide in the Half Billion Dollar Club by raising $60 million (after banker fees) on a $500 million pre-money valuation. Like Slide, Ning used influential investment bank Allen & Co. to represent them in the deal.Venturebeat broke the story based on a perusal of SEC filings, and we’v (Read More)
TechCrunch
UK startup WeeWorld is offering a avatar focused social networking service that is doing some great numbers.WeeWorld is pitched as the “world’s first multiplatform visual identity” and offers a personalized Web experience that can be used across IM, blogs and social networking sites. WeeWorld users design (Read More)
Submitted by Diane Corriette:
BlogHer partnered with Compass Partners to do a sweeping social media benchmark study. They surveyed 1,250 female Internet users via a nationally representative panel, and 5,000 visitors to BlogHer’s network (BlogHer.com our syndicate of 1,500 blogs). The results?Half of women surveyed say blogs influence their purchase dec (Read More)
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VentureBeat
UpdatedMake-your-own-social-network company Ning has raised a $60 million fourth round of funding.Co-founded by Netscape founder Marc Andreessen, Ning already raised a hefty third round of $44 million back in July. That gave the company a $170 million pre-money valuation, making it a poster child for huge (and, many argued, (Read More)
Submitted by Mitch Baldwin:
What is Twitter!?!?!Twitter is a micro-blogging service for messages of up to 140 characters that can be updated via SMS, Email, Web, Browsers, Desktop clients and whatever else. It can be used for telling the world what you’re doing, sharing insight, communicating with friends and associates and getting answers to your que (Read More)