Thursday, October 25, 2007

Skyrocketing value of online communities

It’s surprising about Microsoft corp’s investment in Facebook Inc. - $15 billion for 3 ½ year old internet hangout, or the rare shun of online leader Google Inc.

Microsoft paid $240 million price for 1.6% stake in Facebook. This clear the view, world largest software maker, crudely wanted to deepen its relationship with a startup that didn’t have $200 million in annual revenue.

By stamping the deal, Microsoft had loosed previous high-stake biding battles to taking stake in AOL, internet ad service DoubleClick Inc, and taking the ownership of online video sharing pioneer YouTube. Microsoft finally cooked-up Google by taking the stake of Facebook Inc.

Microsoft’s investment, increase the value of online communities like Facebook, Orkut – a place where people look for dates, share music videos and photos, connect with family and friends.

News corp. in 2005 paid $580 million for outright ownership of Microsoft established the current market value of Facebook to $15 billion, by his investment in the same.

Although Myspace remains the largest social network, while there is so many social site for different activity, like Digg (community-based popularity website), delicious (social bookmarking), Dekoh (Sharing photo, music, books etc direct from there desktop without uploading), Flicker (photo sharing), Orkut (social interacting website) and many more….

Google’s current social network (Orkut) has seen relatively good success on the globe.

32 year old company Microsoft becoming more internet savvy by his successful courtship of Facebook.

Tuesday, October 23, 2007

Test your sanity against online players...MySpace (social networking website)

MySpace Games is expected to launch in 2008, the companies said.

Privately held Oberon Media was founded in 2003 and backed by Goldman Sachs, Morgan Stanley, Oak Investment Partners and Lehman Brothers.
MySpace games is expected to launch in 2008.

MySpace formed a partnership with Oberon Media to create a new gaming channel on the website. Oberon Media is privately held company founded in 2003, backed by Golman Sachs, Morgan Stanley, Lehman Brothers and Oak investment partners.

Users can choose their favorite games from list of games and can add them to their WebPages.