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jacob

Though the majority of retailers are convinced that mobile commerce will eventually become as popular as e-commerce, just 16% have a strategy in place, and 28% have no plans to implement one. 

The findings are based on a Vanson Bourne survey of 100 marketing and IT directors at UK retailers, and 1,000 consumers. 


jacob
Facebook has been around for more than five years, but it hit critical mass and exploded in 2009. As the new decade begins, the fallout is blowing over the entire web. Facebook Connect is everywhere, in case you hadn’t heard. We’re talking 60 million users on 80,000 web sites.

The Facebook web site itself has reached 350 million users — a population size between that of the United States and the European Union. This Christmas, web traffic analysis firm Hitwise said Facebook briefly surpassed Google as the most visited web site in the world for the first time.

Several huge changes were made to the site in 2009, and some of them weren’t popular. But many of the changes that perplexed casual users this past year will make more sense when you think about their future implications. Facebook plans to be a lot more than a personal social network for sharing status updates and pictures. There’s no need to be coy; Facebook is in some sense trying to conquer the web over which Google reigned for several years, and in 2010 it’s better poised to do so than any challenger has been to date.


1. Facebook’s Future Started With FriendFeed

If you want to know what the service will be like in 2010, your best bet is to look at the foundation it laid in 2009.

On August 10th, 2009, Facebook acquired real-time social service FriendFeed. Facebook had already copied some of FriendFeed’s innovations — for example, the “Like” feature — but the acquisition was the first step in a radical new direction.

FriendFeed’s staff and leadership were absorbed into the company, and the fate of the site is still unknown. For now it remains operational, but its features are being added to Facebook bit by bit. In 2010, you’ll see even more FriendFeed in your Facebook experience.

2. Facebook Is Committed to Real-Time

On the same day Facebook acquired FriendFeed, it launched a real-time search engine that sorts through the past 30 days of status updates, media, and other news feed posts. The site’s News Feed home page is also real-time now. The timing was probably not coincidental; Facebook was making its intentions clear. Google’s position in search is vulnerable as the web shifts to real-time, and Facebook is stepping up. The dedication to real-time functionality that started with FriendFeed will continue through 2010.

3. Facebook Is Integrating With the Rest of the Web

It’s easy to read what Facebook has done since acquiring FriendFeed as direct competition with Twitter; not only is the service becoming more real-time, it’s becoming more open. Facebook has taken its first steps towards integrating with the rest of the web by deploying Facebook Connect and making its content searchable.
 
read more @ Samuel

jacob
The economy may not be great, but the internet isn't complaining. In fact, the economy has likely helped internet advertising achieve a significant milestone in the UK. According to the Internet Advertising Bureau (IAB), internet ad spend surpassed television ad spend for the first time ever anywhere in the world.

Total spending on internet ads in the UK hit £1.75bn in the first two quarters of the year, a 4.6% year-over-year gain. That's good enough to account for almost 24% of all ad spending. Television, on the other hand, now accounts for just 21.9% of ad spend following a painful 16.1% year-over-year decline.

While the growth of online ad spend has slowed considerably due to the economy, that more money is now spent on online ads than television in the UK is something many believed to be inevitable. Consumers are online and advertisers have a seemingly unlimited number of ways to reach out and interact with them via the internet. So it's no surprise that so much money has flowed to digital.

That said, the IAB's numbers make it clear that not all online ads are created equal. 60% of all online ad spend in the first half of 2009 went to search, which now tops £1bn. Online classifieds, which reaped a more modest £385, is one of the few areas still experiencing rapid, double-digit growth. The weakling of online advertising: display ads. Spending on them fell by 5.2%.

read more@ econsultancy

jacob
Just over a week ago, Twitter announced its fifth round of funding. While not officially disclosed, the recent cash infusion is estimated to be around $100 million. Twitter’s new estimated worth? – $1 billion.

With all of this valuation talk floating around, we became interested in just how fast Twitter’s worth has skyrocketed. It seems that VC Expert’s Private Equity Data Center (PEDC) was curious as well, so they decided to analyze all of Twitter’s financing rounds, from the first one in July of 2007 to last month’s $100 million cash infusion.

We took a look at the PEDC numbers and some research of our own. We’ve picked five statistics that speak to the unprecedented growth of Twitter as a service and as a company. Prepare yourselves for some shocking numbers:

Twitter’s Value: 5 Eye-Popping Stats
1. According to PEDC’s numbers, the price of a single share of Twitter has increased by 239,619%, from a measly $0.00667 per share to a much stronger $15.9824.

2. Twitter’s $100 million round is over 1025 times the amount of money they raised in its very first round of funding. In July of 2007, Twitter raised $97,500.

3. In five rounds of funding, Twitter has raised an estimated $153 million (some peg it a few million dollars higher). Since the day of its initial round of funding, Twitter has been given an average of $187,356 per day by its investors.
 
read more@ Ben Parr 

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