Facebook now 'worth $33 billion' [Telegraph]

Facebook is now worth as much as $33.7 billion, after investors have
paid up to $76 for a share in the company ahead of its much-hyped
flotation on the stock market, according to a report.

http://www.telegraph.co.uk/technology/facebook/7963608/Facebook-now-worth-33-...

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Figuring out magazine subscriptions in the iPad age [ArsTechnica]

While consumers seem to like the idea of carrying interactive
magazines around in one compact device (not unlike the appeal e-books
have), they have mostly balked at paying premium prices for each
individual issue. Time Inc. has reached a deal with Apple to allow
regular print subscribers access to issues for free, but the
compromise still leaves room for improvement.

http://arstechnica.com/apple/news/2010/08/figuring-out-magazine-subscriptions...

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Confirmed: Google Tests Search Results That Update As You Type [TechCrunch, video]

SEO consultant Rob Ousbey has noticed an interesting thing happening
to his search results, live updates of results as he types in every
letter. Google has confirmed to TechCrunch that the above video is in
fact real. Is this capability imminent? Sources familiar with Google
product developments could not say whether imminent productization in
the cards.

http://techcrunch.com/2010/08/21/live-update-search/

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5 Useful Facebook Trend and Search Services [Mashable]

Despite recent improvements, Facebook’s in-site search doesn’t
necessarily offer the best way to see such data. However, there are
various services that provide a dedicated way to either search
Facebook’s 500 million-strong data stream (at least what’s made
public), or see what’s “trending” on the site in a way that’s similar
to Twitter.

http://mashable.com/2010/08/18/facebook-search-services/

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25 brilliant examples of Facebook brand pages [Econsultancy]

Arguably, Facebook does have a static format that needs changing, but
it’s not that difficult – or expensive – to come up with some great
landing page manipulation through Facebook Markup Language (FBML)...
And some brands are taking advantage of this, to great effect.

http://econsultancy.com/blog/6438-25-brilliant-examples-of-facebook-brand-pages

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Email is too slow and wristwatches are pointless for college freshmen [CNN]

For most college freshmen starting school this fall, email is passe
and wearing a watch on your wrist is, well, unnecessary, according to
the Beloit College Mindset List for the Class of 2014, most of whom
were born in 1992.

http://edition.cnn.com/2010/LIVING/08/18/college.mindset.list/?hpt=T2#fbid=FW...&wom=false

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The Web Is Dead. Long Live the Internet [Wired]

Two decades after its birth, the World Wide Web is in decline, as
simpler, sleeker services — think apps — are less about the searching
and more about the getting. Chris Anderson explains how this new
paradigm reflects the inevitable course of capitalism. And Michael
Wolff explains why the new breed of media titan is forsaking the Web
for more promising (and profitable) pastures.

http://www.wired.com/magazine/2010/08/ff_webrip/

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Times websites get '1.6m users behind paywall' [PressGazette]

The websites of The Times and the Sunday Times newspapers have
retained 1.6m users since parent company News International introduced
a paywall early last month, according to web metrics company Comscore.
The number of users accessing thetimes.co.uk and thesundaytimes.co.uk
almost halved since they launched in May as free-to-access websites,
according to data released today.

http://www.pressgazette.co.uk/story.asp?sectioncode=1&storycode=45868&c=1

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If It’s On The Internet, It Must Be True [TechCrunch]

This past week, formerly unknown actress Elyse Porterfield fooled
millions playing Jenny, the Dry Erase girl, who quit in a clever hoax.
Right now, I guarantee other pranksters are dreaming up new schemes to
fool you again. And journalists, who at one time were tasked with
protecting the public from such lies, no longer have the same power to
block them.

http://techcrunch.com/2010/08/14/internet-must-be-true/

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Advertisers to Spend $1.7 Billion on Social Networks in 2010 [Mashable]

The latest numbers from eMarketer project that advertisers will spend
nearly $1.7 billion in the U.S. on social networking sites in 2010.
Worldwide, spending will hit $3.3 billion according to the report. The
numbers represent a significant bump up from estimates published by
the research firm at the end of last year, when it projected $1.3
billion would be spent on the space in the U.S.

http://mashable.com/2010/08/16/social-networking-ad-spend-2010/

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Why Location-Based Social Media Needs to Get “Passive” Aggressive [Mashable]

Stopping whatever you’re doing to check-in when you arrive at a
location is just lame. If you’re arriving at a happy hour, you might
lose a conversation while you’re busy tapping away. If you visit a
store, you’ll be standing just outside or inside and getting in the
way until you’ve checked-in. The active checkin requirement is one
thing holding back location-based social networks.

http://mashable.com/2010/08/16/geosocial-passive/

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The Future of Public Relations and Social Media [Mashable]

14 PR pros on the future of public relations and how they see social
media changing the industry...their thoughts on how social media will
affect the future of the press release, the evolution of social
platforms, current limitations and solutions for those impediments,
connecting with other PR pros, cost savings, and building
relationships.

http://mashable.com/2010/08/16/pr-social-media-future/

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Facebook's Foursquare competitor is imminent [CNet]

The long-rumored geolocation "check-in" feature at Facebook is slated
to debut within weeks, multiple sources familiar with the matter told
CNET. It's going to take the form of an application programming
interface (API) for third-party companies on the Facebook developer
platform, integrating existing "check-in" start-ups more deeply into
the massive social-networking service and in turn permitting
location-aware data to become a part of existing platform
applications.

http://news.cnet.com/8301-13577_3-20013223-36.html

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Attack of the 'iPad-Killers' — 32 Tablets, Slates, Pads and More [PCWorld]

Starting later this year, the iPad will be confronted by an army of
other touchscreen machines, from potentially worthy opponents to
shameless wannabees. Call ‘em iPadversaries, and read on for a first
stab at accounting for (most of) them.

http://www.pcworld.com/article/203265/attack_of_the_ipadkillers_32_tablets_sl...

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Dell Streak review roundup [CSMonitor]

On Friday, Dell is set to release the Streak, a device that falls
somewhere between a tablet and a smartphone. Dell says the Streak,
which ships with a whopping 5-inch touchscreen, "is ideal for
experiencing thousands of Android Market widgets, games and
applications, all without squinting or compromising portability." But
critics have argued that consumers will be turned off by the device's
"tweener" status.

http://www.csmonitor.com/Innovation/Horizons/2010/0813/Dell-Streak-review-rou...

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News Corp. plans national newspaper for tablet computers and cellphones [LATimes]

It's the latest bid by a major media company to build readership using
new devices such as the iPad. The new publication would offer short,
snappy stories and operate under the auspices of the New York Post.

http://www.latimes.com/business/la-fi-ct-newscorp-20100813,0,3467576.story

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Internet content generator Demand Media files for IPO [MarketWatch]

Demand Media Inc., an Internet content producer backed by Goldman
Sachs & Co. and others, filed Friday for an initial public offering of
its shares. Demand Media, which has drawn interest for its aggressive
churning out of largely-freelance written pieces of news and how-to
stories tailored for advertisers, has been at times considered a
potential acquisition target of large Internet players including Yahoo
Inc.

http://www.marketwatch.com/story/internet-content-firm-demand-media-files-for...

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Murdoch: We’re Not Giving Up on MySpace Yet [AllThingsD]

Murdoch reaffirmed his company’s interest in overhauling MySpace, even
though its Google (GOOG) deal is about to expire, and even though the
unit it is still losing money as ad revenue and search dollars
dwindle. “We will see it out for some time yet”, he says.

http://mediamemo.allthingsd.com/20100804/news-corp-revenues-in-line-what-abou...

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Hollywood happy kids willing to pay for content [HollywoodReporter]

There's a spreading sense of optimism in Hollywood regarding young
consumers' willingness to pay for digital content: Although members of
the so-called Napster generation might be lost forever to a collective
addiction to pirated free content, their younger siblings offer
digital distributors hope of a brighter business future.

http://www.hollywoodreporter.com/hr/content_display/news/e3ia9603c78ecd93d36e...

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Barnes & Noble Book Chain Up for Sale [NYTimes]

In what might be the latest sign of trouble for brick-and-mortar
bookstores, the mega-chain Barnes & Noble announced on Tuesday that
its board was putting the company up for sale. The news surprised
analysts and alarmed publishers, who have watched as the book business
has increasingly shifted to online retailers and e-book sales, leaving
both chains and independent sellers struggling.

http://www.nytimes.com/2010/08/04/business/media/04barnes.html?_r=1

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Facebook Advertisers Boost Spending 10-Fold, [COO] Sandberg Says [Bloomberg]

Facebook Inc.’s biggest advertisers have boosted spending by at least
10-fold in the past year as the social network crossed the half-
billion user mark, becoming more alluring to marketers that want to
reach a broad online audience.

http://www.bloomberg.com/news/2010-08-04/facebook-advertisers-boost-spending-...

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Will Wired Proclaim 'The Web is Dead?' [Gawker]

Word from inside Wired is the magazine is prepping a cover story in
which editor Chris Anderson declares that "the Web is Dead." At a
magazine founded by digital utopians, that would be something close to
sacrilege.

http://gawker.com/5602743/will-wired-proclaim-the-web-is-dead

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7 top publishing execs discuss what's driving businesses forward [Folio]

Tony Uphoff, CEO, UBM TechWeb; John Marcom, president, Future US;
Deborah Fellows, founder, president, MyNorth Media; Lewis Dvorkin,
chief product officer, Forbes Media; Bob Cohn, editorial director,
Atlantic Digital; Brian Ceraolo, EVP, Peerless Media; and David
Remnick, editor, The New Yorker.

http://www.foliomag.com/2010/big-idea-2011

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Google's 2010 shopping spree has cost $1.1B so far [AP]

Google Inc. has spent $1.1 billion during the first half of the year
buying up 22 companies, with more than half of the amount going toward
its recently completed acquisition of mobile ad service AdMob.

http://news.yahoo.com/s/ap/20100730/ap_on_hi_te/us_google_acquisitions

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