Death and social media

What do all of the world’s social media users have in common?  Besides having a rabid obsession with making Mark Zuckerberg even more money, we’re all going to die.   Continue reading

2011 social media year in review

Facebook is a drug1.2 billion (1,200,000,000)

On December 21st digital media measurement firm comScore released their 2011 social media year in review whitepaper entitled “It’s a Social World: Top 10 Need-to-Knows About Social Networking and Where It’s Headed.”  Rich with insights and data points, the whitepaper outlines the importance of social media in today’s world.   Continue reading

Facebook’s massive market capitalization

Facebook IPO$100 billion ($100,000,000,000)

The social networking giant Facebook with over 800 million users (or are they customers?) is looking to go public in Q2 2012 with an estimated market capitalization of $100 billion, according to a recent article by the Wall Street Journal.  The initial public offering would raise approximately $10 billion in a deal that would be one of the largest in history – #15 as a matter of fact.   Continue reading

Social networking and employment

Jobs15%

According to a survey released by recruiting software provider Jobvite more than 22 million Americans sought new employment in 2011. Not surprisingly the majority of job seekers used a social network to facilitate their search (54% used Facebook, LinkedIn or Twitter) although 86% disclosed having a profile on one of these sites.

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LinkedIn InMaps

I’m a sucker for elegant data visualization tools so when I saw LinkedIn InMaps in January it was love at first sight. InMaps is a LinkedIn Labs visualization experiment that allows users to view their entire network in a consolidated, color-coded map. For example, below you will find my entire LinkedIn network (1,090 contacts as of October 7, 2011). Continue reading

Stanton’s Law of Social Interaction

A little over 15 years ago a brilliant colleague and dear friend of mine introduced me to the work of one of the father’s of artificial intelligence, information processing, decision-making, problem-solving, attention economics, organization theory, complex systems, and computer simulation of scientific discovery – Nobel Laureate in Econonomics, Herbert Simon.  With it he also introduced me to the concept of attention economics or, in layperson’s terms, information overload.

“What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.” – Herbert Simon (1916-2001) Continue reading

Facebook puts Google+ and Twitter in its sights

Today Facebook announced a new feature they’re simply calling the Subscribe Button.  This option will allow users to “subscribe” to other users’ public posts in what can only be called a shot over both Google+ and Twitter‘s collective bows.  The truly interesting aspect of this feature is that it will allow all of Facebook’s 750 million users to connect in this manner – even if they aren’t friends. Continue reading

Walmart dives into social shopping with @WalmartLabs

Walmart dives into social shopping with @WalmartLabs || “Inside Walmart’s Super Social Shopping Agenda” http://ow.ly/6p0qp

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Google: let the games begin

Google: let the games begin || “Google begins rollout of games on Google+” http://ow.ly/61UNV

After giving some early signs to the market that they were interesting in dipping their toes in the social gaming market, today Google announced the rollout of a small assortment of games on the Google+ platform.  It has also been reported that Google is only taking a 5% commission from the developers which is a tremendous advantage over Facebook who takes a whopping 30% cut.

First the Middle East, now the UK

First the Middle East, now the UK || “Social networking fanning London’s flames?” http://ow.ly/5YMT3

There’s nothing much that can be said about the riots in the UK other than the fact that it is very sad to see a country in such turmoil.  I have many friends and colleagues who call London and areas beyond their home and they are in my thoughts during this difficult time.