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News Update: Facebook Overtakes Google's Orkut On Net Users In India: ComScore
Facebook now has more users in India than Orkut, Google's (NASDAQ:GOOG) social networking website, according to a Cnet report that cited statistics from ComScore.
The number of Facebook users in India surged 170% year-over-year to 20.9 million, while the number of Orkut users rose only 16% to 19.9 million during the period.
The statistics showed the overall use of social networks in India rose 43% from July 2009 to July 2010, indicating that over 33 million people in India (ages 15 and older)...
Related topics : statistics on using social networking sites / use of social network sites / social networking website developers india
News Update: Google (NASDAQ:GOOG) Unveils Google Buzz: Social Networking for Gmail
Google announced GOOGLE BUZZ today - a product described as a new way to share and communicate via Gmail. The new product will allow users to share a profile, photos, video, status updates and other media publicly or privately. The new networking tool will allow the search engine to compete with social networking sites Facebook, Twitter, Flickr and others. Google will also use a built in spamming tool to sort out buzz you don't want to see from buzz you do.
SmarTrend reported on this story...
Related topics : google social networking sites / google social network / new social media tools
News Update: Facebook Expected To Generate $1.28 Billion in Ad Revenue This Year
According to a recent study released by eMarketer Thursday, Facebook Inc. is projected to rake in an estimated $1.28 billion in advertising spending this year alone.
Meanwhile, the online social networking site's largest competitor, News Corp.'s (NYSE:NWS) MySpace, will generate only $347 million in revenue this year.
Senior analyst Debra Aho Williamson said in a statement, ""Brand advertisers are making Facebook a core buy.""
SmarTrend currently has News Corp in an Uptrend. Since 2008,...
Related topics : largest online social networking sites / largest online social network
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