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Twitter Moves Into Top 50 US Websites

247Wallst | Tue, 09/22/2009 - 11:35am | popularity of Twitter, social media, Social Networking, Top 50 website, Twitter's value, Web 2.0 |  Add a comment

It may not be clear how Twitterwill ever make money, but its growth is not in doubt. The microblogging website is now among the 50 largest internet properties in the US according to new data from comScore covering August web traffic. Twitter took the N0. 46 place with an extraordinary audience of 20 ... Read more

Trading > 247Wallst

In Facebook's New Revenue Plans, A Way Out For MySpace (NWS)

247Wallst | Mon, 02/02/2009 - 9:41am | dow jones, Facebook, Facebook profits, Fox movies, Fox TV, myspace, MySpace profits, News Corp, NWS, online profit, Rupert Murdoch, social network profits, Web 2.0 |  2 comments

Rupert Murdoch's News Corp (NWS) has hit a rough patch as the recession erodes revenue at a number of his properties including Dow Jones and his other newspapers. The company's Fox movie and TV units could also be hurt. Murdoch has hoped that his online initiatives would take off and that new media ... Read more