Web 2.0 Bubbling Out?

There are talks about Web 2.0 loosing ground under their feet's. The bubble time is over, if it ever existed. It may be a huge hit with the youngsters, but social-networking phenomenon MySpace “is so irrelevant to the financial performance” of owner News Corporation that “it doesn’t even merit describing,” Henry Blodget wrote in June 206 his Internet Outsider blog.

MySpace is one of the flagship success stories in the Web 2.0 sphere. It was sold by big money to Robert Murdoch's News Corporation. But the immensely popular site isn't making money. Some think, it will never do.
Post a Comment

Popular Posts

The Arctic Circle Design Forum

Digital Storytelling

Mexico open for business

Continued Stable Profit Development for Raute