Just when you thought that Facebook, Twitter and perhaps Foursquare were it, here comes Color, a mobile social media app that is getting a lot of attention and investment money. If you wonder what can be so frightening and amazing about this app imaging yourself taking pictures or videos in a public place and automatically sharing them with everyone in your proximity with the same app. That means friends and strangers alike. You can see their photos and videos too as long as they are within 150 feet. When you leave your images disappear as well. If you are let's say in Times Square Color will provide you with an amazing dimensional experience of the place through the countless angles and points of view of strangers. Color's technology uses a clever combination of GPS and light and sound matching to locate you and other Color users in your proximity. To download color go to Color.com Read more about Color's technology and who's investing in it.
Just when you thought that Facebook, Twitter and perhaps Foursquare were it, here comes Color, a mobile social media app that is getting a lot of attention and investment money.
Goldman Sacks gave its blessing to Facebook with a $500 million investment which puts its value at $50 billion. Facebook now is worth more than eBay, Yahoo and Time Warner as reported by the New York Times. This follows the news of Facebook beating Google as the most visited website in 2010. These events confirm that the power of the user generated web is gaining significant momentum. The infographic above (courtesy of The Next Web) shows how the value of Facebook compares to other major online brands.
Goldman Sacks gave its blessing to Facebook with a $500 million investment which puts its value at $50 billion.
It takes guts or simply there wasn't any other choice for a venerable magazine such as The Atlantic that to refocus toward the very uncivil world of the Web to survive. A risky strategy boldly led by editor James Bennet (above) and president Justin Smith stopped the Atlantic's free fall and turned it into a publishing marvel. An inspiring success story indeed.
It takes guts or simply there wasn't any other choice for a venerable magazine such as The Atlantic that to refocus toward the very uncivil world of the Web to survive. A risky strategy bo
Eric Lefkofsky, at 40 has an estimated worth of $750 million and an impressive entrepreneurial track record fueled by his sharp understanding of technology and social media. Groupon, the social-coupon website he bankrolled has been called the fastest-growing company ever. Still privately owned, Groupon could be worth it as much as $3 billion. Read in this New York Times interview about Eric's thoughts on entrepreneurship and how social media plays a key role in business success.
