Facebook’s advertising woes, including the highly publicized departure of General Motors, reinforce the fact that while Facebook may function like a social network, on the business side it looks almost exactly like a media company — and that is going to be a major challenge. Read More »
The latest hires in the tech and media industry. Read More »
Yell.com and Yellow Pages operator Yell Group is acquiring UK point-and-click website builder Moonfruit, as it tries to salvage even digital classifieds that are in reverse. Read More »
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More Must Reads
Spotify has now 20 million monthly active users, according to new estimates based on publicly available Facebook data. The company’s growth has accelerated ever since its Facebook integration launched – but it’s success isn’t extraordinary: Long forgotten music services like Imeem were once just as popular. Read More »
Humor site JibJab doesn’t think White Castle’s animation is very funny, and has filed a lawsuit to stop the fast food chain from using its name to promote “chicken rings” on Facebook. Read More »
The $50-million funding round that Quora recently closed has raised some eyebrows. Is this just another example of a bubble-style atmosphere in Silicon Valley’s venture capital community, or is the crowdsourced question-and-answer site really onto something that could be a multibillion-dollar idea? Read More »
BBC News & Knowledge general manager Phil Fearnley tells paidContent BBC Online has conceived Olympics Web, connected TV, mobile and tablet products as platforms for re-use on future large events. Read More »
NBC may have been criticised for not streaming enough Olympics Games – but, in the UK, the BBC plans to stream all 2,500 hours of this summer’s London 2012 events across web, mobile, tablet and connected TV. Read More »
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