How Much is Facebook’s Market Power Worth?

Perhaps you heard some noise about a $50 billion valuation for Facebook. Or mumblings about nine-month profit of $775 million? Putting a value on Facebook is beyond many of us, but the social network is the most important player in social media. To better compete against, partner with or invest in Facebook, it's worth evaluating its market positions, strengths and weaknesses.…

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How to Make MySpace Relevant (Again)

In the realm of might-have-beens, MySpace shows more promise than Friendster. But unlike some former web leaders, it's still salvageable. MySpace shouldn’t try to challenge Facebook for social network leadership, but it can remain a valuable consumer media business, if not a technology driver. Here’s how.…

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