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ASIA: Malaysia MOL buys Friendster

Laurel Papworth

Hardly any surprises here – I’ve covered the popularity of Friendster in Asia in my Social Media podcasts , and the sophistication of the Malaysian social network industry in blog posts: Friendster, the social network which set things off more than half a decade ago has finally been sold after several attempts in the past years.

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Social Media Revenue: Huffington Post TechCrunch Valuations

Laurel Papworth

Yes, Virginia, social media and blogs CAN make money. Will 2010 see the further rise of social media proprietors? It’s usually said in a tone that implies that social media is so gosh- darn “social&# and “friendly&# that everyone gives everything away for free. 24/7WallSt ).

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API Widget Economy: Social Media Business Podcast

Laurel Papworth

Companies that open their business databases and stream that data out, can have an army of hundreds of thousands (mostly) unpaid developers creating Facebook apps, iPhone apps and blog widgets to help sell their products and services. An overview of social media monetization revenues. Social Media Business.

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