Economist: Big media and Internet companies are driving up the valuations of social networks like MySpace and Facebook. "But that does not mean there is a working revenue model," according to The Economist. Social networking will become "ubiquitous" and may "never make oodles of money."
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Thursday, March 20, 2008
MySpace, Facebook Unlikely to Make Money
Posted by
Graham Jenkin
at
8:10 AM
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