Facebook Effect Helps Boost Social Media Stocks
The recent announcement by Facebook of a IPO in several months, has left investors scrambling to get on board with social media stocks before hand. Stocks of social media companies have jumped an average of 35% recently as a result of Facebook IPO anticipation. Investors apparently want their piece of the Facebook effect. Some experts are calling for caution however, as last year's wonder, the online coupon site Groupon, is down 6.2% this year. Full Story Here...
Social Media Week Shines A Light On Social Business
Social Media Week is being held this week at 21 cities around the world. The events and activities are designed to focus attention on trends and developments in social and mobile media and its relationship to business. Many influential individuals and companies from around the globe are sharing information about social business with their sights set on the future. Full Story Here...
Social Media Documents Record-Breaking Super Bowl
The recent Super Bowl game between the New York Giants and the New England Patriots set a all-time record television audience of 111.3 million viewers. The game also set a record for social media. Twitter reported an all-time record of 12,233 tweets per second in the last three minutes of the game. That record was followed with a second place record of 10,245 tweets per second posted while Madonna was performing her halftime show at the game. No doubt the Twitter activity had a influence on the record television audience. Full Story Here...
LinkedIn Hits 150 Million Members
LinkedIn has announced that they now have 150 million members in their social networking site for business professionals. The network saw a 20 million increase in membership since November. The company also released their revenue figures that include a 115% increase in revenue for LikedIn for 2011 over 2010. Full Story Here...
Can Social Media Lift Travel? Travel Websites Try To Harness Social Media To Drive Bookings
Travel websites, such as Expedia, are looking to social media to increase their bookings. The site plans to have its own social networking service in the next year. Expedia conducted a study in 2011 that found the people who visit a company's Facebook page are more likely to make a purchase over those that only went to the company website. Full Story Here...
Posted via OnFast - http://www.OnFast.com
OnFast is social tools for business. Our products include a social dashboard, social coupons, painless blogging and Facebook applications. You can find the most current information about OnFast and what we're doing on this blog.
