Google touted its 176 million Gmail users as a key advantage in its latest attempt to break into the red-hot social networking market, dominated by the likes of Facebook and Twitter. But email may turn out to be Google’s Achilles heel.
You can find the clearest statement about what’s happening with Google and its threat to quit China over the country’s human rights record in Xinhua, China’s state-run news service — seriously.
When it comes to blockbuster product introductions, Apple is king. So it’s not surprising that Google, which is looking to challenge Apple’s iPhone dominance, is stealing a page from the Steve Jobs & Co. playbook.
Only a few days ago, Yelp insiders seemed on the verge of taking home a $500 million holiday gift basket courtesy of Google, which was in talks to acquire the online publisher of local business reviews.
The last time the world had a look at Twitter’s financial books, the company was targeting a meager $400,000 in revenue for the third quarter of 2009 and $4 million in the fourth quarter.
Everybody knows social media firms are growing like gangbusters. Facebook, for instance, recently surpassed 350 million users, 16 months after reaching 100 million users.