gibNews - Articles -

Comcast acquires social network pioneer Plaxo

no@spam.com (Adam Bernard) — Thu, 15 May 2008 01:41:51 CDT

By Yinka Adegoke and Eric Auchard

NEW YORK/SAN FRANCISCO (Reuters) - Comcast Corp has agreed to acquire pioneering Web start-up Plaxo Inc, which was first to seek to turn address books into social networks and laid the foundation for Friendster and Facebook.

Terms were not disclosed. But a source close to the deal said Comcast, the top U.S. cable TV company and No. 2 broadband Internet supplier, is paying from $145 million to $175 million, based on meeting performance targets in the next few years.

Microsoft Buys Yahoo: Online Advertising “Bubble” Doesn’t Exist

no@spam.com (Adam Bernard) — Thu, 07 Feb 2008 16:05:38 CST

By now, you’ve seen the biggest news on the Internet so far this year: Microsoft’s purchase of online portal and search engine giant Yahoo! for $44 billion dollars. The news that the software colossus will marry with one of the oldest names in online searches shows the depth and strength of the industry. And experts note that it shows the possibilities for the future of online advertising.

"Forty-four billion dollars is a great testimonial to the great power of this marketplace," said Jarvis Coffin, chief executive of advertising distributor Burst Media Corp. "The market is saying, `I don't think we're in a bubble. We're in a period of intense growth that's going to continue to grow for more years.'"

Social Networking Rockets Up in 2008! Giblink.com Surges Forward!

no@spam.com (Adam Bernard) — Sat, 19 Jan 2008 11:25:10 CST

If this is "The Year of Social Networking," then gibLink.com is the social network for small businesses and entrepreneurs!

gibLink.com is helping small businesses and entrepreneurs take advantage of the social networking boom with internet advertising, web-hosting, and chatrooms services packed into a community designed for entrepreneurs and home and small businesses.

Email, once the gold standard for simple and effective communication, has now become a daily burden for many people. The average business person now receives 142 emails a day, according to a recent study by the Radicati Group. That's up 55% increase since 2003. By 2011 that number is estimated to be 228. They estimate all of us will spend 41% of our time managing our email box. Add in 90 billion SPAM emails sent every day, and you'll see why many internet-savvy business people are weaning themselves off email.

U.S. Internet Advertising to Double in Next Four Years!

no@spam.com (Adam Bernard) — Wed, 10 Jan 2007 01:25:59 CST

$42 Billion Annually in Online Advertising by 2011!

The latest forecast for Internet advertising is out from eMarketer, which says that in the U.S., online advertising dollars will rise from $21 billion this year to $42 billion by 2011. Web advertising's share of the overall ad U.S. market during that period will also roughly double.

Meantime, the average American's online spending will also grow from $114 in 2007 to $199 per person in 2011. These latest numbers are based on data from the Interactive Advertising Bureau and PriceWaterhouseCoopers.

Adam Bernard, Cofounder and CEO of gibLink.com, the Global Internet Business Link ( www.giblink.com ) says "These latest numbers mean this is the time to start or expand a small business via the internet. And internet advertising sales will be making themselves."