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I just browsed into an interesting article on the knowledge sharing using web 2.0 technology. this article makes for some very good reading.

“What really impresses me about the big Web 2.0 sites is how they use familiar metaphors in new ways. By starting from what we already know (such as profiles, groups, ratings, and ‘friends’), people naturally understand why it might be useful, fun, and easy to add their own online contributions…”

To read the the full post, click here.

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There is nothing like Paris in the winter. The city of lights shined bright with hope, laughter and joy. From the moment we arrived, where we met a smiling and helpful customs agent and during our week’s stay, the people of Paris and France were friendly, helpful, supportive and cheerful. Our group ate and walked and ate and walked, etc.

We found little local Bistro’s where the food was like 5 star restaurants. The Eiffel Tower shown bright all night from our balcony and all enjoyed.

During the week I met with 2 VC’s and one Investment Banker. The market in France and Europe has similar characteristics to the US right now, with credit tight, technology companies that were funded over the past 2-3 years needing additional capital and a sense of consolidation for Web 2.0 and Wireless Web companies. Marc Goldberg, Principal of Occam Capital, is optimistic regarding consolidation opportunities for distressed assets and IP and projects a great opportunity for Europe to provide US companies with quality IP assets.

All in all, a great trip. As we begin the new year, may it be one of good health, hope for the future and safety for all.

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linkedin1.jpgLinkedIn will soon release an open API where 3rd party developers will be able to aggregate profile data to enhance the user experience and productivity for LinkedIn’s users with widgets and other enhancing applications.

The company, which was the fastest-growing social network in October, has attracted about 17 million registered users globally and about 5 million unique visitors in the United States in October. Answering to the competition from Facebook and others, LinkedIn will use Google´s OpenSocial structure to open their “made-for-business” service.

 

One example that LinkedIn has crafted is in a partnership with BusinessWeek. Visitors to the BusinessWeek site, who place their mouse pointers over certain keywords will trigger a pop-up box detailing how many of their LinkedIn contacts are related to the company or keyword.

Finally, the Web 2.0 is making its way into productivity and business applications for real. Social Networking has long been a supernova on the horizon and hordes of people are using them. With this entry into business tools like LinkedIn´s network – Web 2.0 will now be available for business users as well.

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According to a recent report from Informa Telecoms & Media, worldwide mobile penetration has hit 50 percent. Informa claims that there are 3.3 billion mobile subscriptions worldwide. At the end of September there were mobile networks operating in 224 countries, which is up from 192 countries in 1997 and 35 in 1987. Even though there are now an estimated 3.3 billion mobile subscriptions activated currently, Informa cautions that some countries have a mobile penetration rate of more than 100 percent, meaning some users have more than one subscription.

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opensocial.jpgFacebook and OpenSocial is doing what MySpace have failed to do. As it goes, innovation goes before legacy. Shumpeter spoke about creative destruction, and OpenSocial is just that. It will eat a cake from existing base and move the industy forward. Check this out.

A question that I wonder about is what News Corp. will think about this and more importantly, whats the response.

Facebook Stats

  • More than 50+ million active users
  • More than 200,000+ new registrations/day since January 2007
  • Users spend on average 20 minutes/day on Facebook(Source: comScore)
  • #1 photo sharing site on the Web (Source: comScore)
  • More than 14 million photos uploaded/day
  • More than 6 million active user groups

Source: Facebook Statistics

Facebook vs. MySpace

Facebook:

  • One Person – One Profile (No Multiple Personas Allowed)
  • No Fake or Anonymous Profiles Allowed

MySpace (100+ million profiles):

  • One Spam King – 500,000 MySpace Profiles
  • Fake and Anonymous Profiles Allowed – William Shakespeare, Hamlet, Chair, Butter, etcetera

Facebook Apps

  • 7000+ apps
  • 100+ new apps/day added
  • More than 80% of Facebookers installed at least one Facebook app

Facebook Developers

More than 200,000+(*) Facebook Developers World-Wide; With Myspace not allowing the same self organization, News Corp will have a hard time keeping it up.

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