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Sergey Brin and Eric Schmidt talking blame their higher costs on social network ad placement and the increase of Google's revenues. Fortunately, they still sound very optimistic about the future of social networks. | ||||||||
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February 2008 I'm not sure this is an accurate 'state of the union' on social networks. My guess is that, internet-wide, revenues on social networks are up - but across mega networks like Facebook, MySpace and others, they are down. That's because new social networks that are niche targeted are popping up everywhere. Why join a huge network when you can simply join those groups you are most interested in?
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(February 2008) (
