News Corporation has sold Myspace for $35m, a fraction of the $500m it paid for it in 2005 and barely a third of the $100m it had hoped for. The …
Social Networking
Sale of MySpace – News Corp holds out for $100m
A recent article in the Telegraph states that News Corporation is holding out for $100m for MySpace, an asking price which many believe will not be achieved. The newspaper quotes …
Social networking plays key role in Vancouver riot coverage and aftermath
After the Vancouver Canucks lost the final game of the Stanley Cup Finals to the Boston Bruins in Canada there was widespread rioting in the city. The riots were covered …
Social media contributes to Royal Mail struggle
Social networking sites have completely revolutionised the way people get in touch with one another. Building on the success of email and text messaging, social media has taken communication to …
Juror facing jail over Facebook contempt
Social networking has been drafted into all sorts of policies in recent times because of the impact it can have as a communicative tool. For example, lots of companies have …
France outlaws use of the words ‘Facebook’ and ‘Twitter’ in TV news
The French government has deemed that the words ‘Facebook’ and ‘Twitter’ cannot be used on TV or radio news programmes. The decision relates to commercial operations being promoted through news …
The LinkedIn share price and dotcom bubble 2.0
The Guardian have already made reference to the dotcom bubble 2.0 and perhaps with good reason. LinkedIn had been hoping shares would sell at $32 to $35, but ahead of …
LinkedIn valued higher at over $4bn after IPO
Fears of another dotcom bubble weren’t allayed when LinkedIn’s initial public offering (IPO) saw shares sell at $45 each. That price gives the company a market value of over $4bn, …
LinkedIn to float on stock exchange – valued at £2bn
The social networking site for business, LinkedIn, is to float on the New York Stock Exchange and will be valued at £2bn when it does so. The 19th of May …
