A recent study found that the social bookmarking site StumbleUpon accounts for 50% of all traffic derived from social media , surpassing even Facebook as the leading source of traffic. While we have to take these numbers with a grain of salt—StumbleUpon exists solely to share links, while Facebook is the central hub of most users’ online social lives—this data lends credibility to the value of so
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Secret social media venture gestating in Lutz
For more than three years, around 100 people have been secretly plotting a social media revolution out of a Lutz home. A foreign investor has sunk millions into the project. Supporters have quit their jobs to dedicate their lives full-time to the effort.UNTHINK is a technology company based in Tampa, supported by a development center in New Delhi, India. In a few weeks, it will launch a new socia
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Google Plus in Race with Facebook to Offer Games to Users
Google's new social networking site is working hard to give Facebook a run for its money.Google Plus is adding games to its user experience.Google's senior vice president of engineering, Vic Gundotra, made the announcement on Google's blog. One feature of the games is that the games will be easy to hide on the screen and easy to bring back up. (Photo: Reuters)Google, which was founded in 1998
Internet Wars: Version 2.0
Is there another technology bubble in the making? This question has exercised the media and markets since the extraordinary post-IPO performance of LinkedIn, the social network for professionals. Social-sales aggregator Groupon has recently suggested that conventional valuation methods are obsolete and this has only reinforced parallels with the anything-goes internet IPOs of the early 2000s.Soci
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