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Daily Archives: November 25, 2008
How much does spam cost? It’s hard to quantify in terms of bandwidth, time and effort blocking it, and general nuisance. But here’s a figure to mull over: $873m.
That’s how much Facebook has been awarded in damages against a spammer in a US court for sending unsolicited messages on the Facebook network. And if it sounds trivial in this era of multi-billion dollar bailouts, it’s a lot more than Facebook’s expected revenues for 2008 – more than double, in fact.
Twitter’s $500m takeover talks with Facebook may baffle its non-users. While Twitter has a devoted community of millions, sceptics have dismissed its 140-character “micro-blog” posts as nothing more than Facebook’s existing status update feature. Both allow people to answer Twitter’s central question: What are you doing?
For Twitter’s co-founder, Biz Stone, the answer seems to be “quite a lot” towards making a greater distinction between a feature and a business.