Posts Tagged ‘FaceBook’

iLike got acquisition offers from Facebook and Amazon

Wednesday, August 19th, 2009

iLike LogoYou may remember that on Monday we reported that iLike was being acquired by Myspace for $20 million. Today we have caught wind that a few other big players have made offers to iLike as well. TechCrunch is reporting that Facebook and Amazon made a bid for iLike but the numbers on those are unknown at this point.

Although the Myspace acquisition of iLike has not closed yet, it is reportedly very close to doing so. Apparently iLike went with Myspace because they felt it was a good fit in terms of price and their personal interests. Facebook was not considered due to growing issues, which have not yet been disclosed.

The popularity of iLike has steadily grown since its launch in 2006. It currently has 50 million registered users. Myspace has a lot to gain from the acquisition, as it now has the potential to become the main online identity for bands. Facebook has a struggle ahead of them as iLike is heavily integrated into their site.

TechCrunch

Myspace to acquire iLike

Monday, August 17th, 2009

Apparently Myspace, the once social media king, is taking steps to acquire social music service iLike. TechCrunch has stated that “we’ve confirmed with multiple sources,” that the story is legit. It is rumored that the price is floating around $20 million.

Since its launch in 2006 iLike has grown in popularity, and it currently has 50 million registered users. Part of the reason for its popularity is its integration with Facebook, which made it one of the most popular early apps for the social media site. iLike is known for its music tracking service which will let you manage your music as well as recommend new music based on your criteria.

The acquiring of iLike certainly has potential to cause some shake ups. The reason being is because of the close relationship between the music service and Facebook. The third party app is heavily ingrained into the social media site. Nearly 10 million Facebook users currently use it.

TechCrunch

Facebook purchases FriendFeed

Monday, August 10th, 2009

In what seems like a smart move for the world’s largest social media site, Facebook has purchased FriendFeed. The details of the deal have not been disclosed but the two sites have reached an agreement.

FriendFeed was founded in 2007 by former Google employees who previously worked on projects like Gmail and Google Maps. It is a site that allows users to share content across various social networks and blogs, all in real time. FriendFeed’s 4 co-founders will hold senior roles in Facebook’s engineering and product teams.

Facebook is currently king among the social media sites, with over 250 million registered users. Although the site continues to grow, Twitter has created some serious competition. The purchase of FriendFeed is one in multiple changes that Facebook has made to continue its dominance.

PCMag

Social Media is More Popular than Email

Wednesday, March 11th, 2009

Some of you are saying “thanks captain obvious,” but when was the last time you really considered the scope of Social Media’s popularity. Back in 2002 when all this craziness began, it was a word that was fairly new and its definition was obscure. Fast forward to 2009 and social media is taking over the world! According to Bambi Francisco (great name) with VatorNews “Today, for the first time ever on a global basis, social networks are more popular than email.”

Social Media has grown into a monster, two-thirds of the planet are on social media websites now.  Facebook is currently the king, with 175 million active users. Surpassing MySpace with a higher number of visitors, Facebook peaked at 132 million. Currently the top 3 Social Media sites are Facebook, MySpace, and Twitter. I can honestly say I don’t know a single person who isn’t on one of these three sites.

Hit the jump below to read the story, very good stuff.

Source