Social Media Means
Photo: George Milton
Friendster. At one point, Friendster was considered the premier social media site. Within just a few months of its launch, the company had more than three million monthly active users. In 2003, Friendster's founder, Jonathan Abrams, was offered $30 million by Google to purchase the site.
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Read More »Before Facebook (FB) became popular, there were a number of social networking sites that captured the attention of users, at least for a time. Lack of strategic planning, poor timing, or just plain bad luck contributed to the failure of these social media sites to achieve staying power. Three, in particular, remain in memory as fantastic upstarts that existed before Facebook came along and swept them all away as the dominant player in social media. In this article, we'll discuss what made Friendster, Myspace, and Second Life popular, and what eventually happened to each site. In 2003, Friendster was a premier social media site that at one time had three million monthly active users. Music-oriented social networking site, Myspace, was acquired by Rupert Murdoch's News Corp in 2005 in a deal valued at $580 million, one of the biggest purchases of an Internet company at the time.
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No, it doesn't! Lucky Chip Spin is just a coin dozer simulation that does not transfer actual cash to the players' accounts. The virtual dollars...
Read More »But, post-2007, Myspace experienced a fall from grace in the social media space, losing millions of users monthly to the rising site Facebook. Some reasons that have been discussed widely were an oversaturation of advertising, slow load times, and a loss of innovation where features were concerned. News Corp sold MySpace to Specific Media Group for $35 million. Notably, entertainer Justin Timberlake took an ownership stake in the company. The new MySpace was focused on music where users could access millions of musical tracks and videos. MySpace still exists today. Time, Inc. bought it from Viant (formerly Specific Media) in 2016.
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