The Asian online advertising market is probably worth around $3-5bn a year.
That’s according to Richard Kimber, who has just taken over as CEO of social networking site Friendster. Hard numbers are difficult to come by, but as the former regional head of Google’s business in South Asia Kimber probably has as good a handle on this as anyone. Read more
It appears that Steve Jobs has admitted to a rare mistake in the launch of MobileMe, the re-vamped version of Apple’s .Mac internet services suite.
The subscription service, which allows users to store files, check email, upload photos, and perform other tasks online, has been plagued by problems since it launched at the same time as the new 3G iPhone, the iPhone applications store, and the iPhone 2.0 software update last month. Read more