New research by Citibank reveals that social media has yet to penetrate the small business world, finding that 76% of the 500 organizations surveyed have not found social media useful in generating business. Maria Veltre, Executive Vice President of Citi’s Small Business Segment says, “Our survey suggests that small business owners are still feeling their [...]

No, says ES Research Group.According to a recent study by ES Research Group, CRM  (Customer Relationship Management)and sales methodologies are better than social media at closing deals for B2B. The study says while Twitter, Facebook,  Plaxo and even Linked In are good for certain things, helping B2B companies close sales isn’t one of them.
The research [...]

by Erick Schonfeld
Last week, Facebook took a $200 million investment that valued the company at $10 billion. So if Facebook is worth $10 billion, how much is Twitter worth? After all, Twitter turned down $500 million from Facebook late last year, and founder Evan Williams might not even sell it for $1 billion. [...]

by Michael Arrington on June 4, 2009

A year ago we modeled out the true value of various social networks based on the idea that users in high-value online advertising markets like Japan, the UK and the U.S. were worth more (financially speaking) than those in lower value online advertising markets. Facebook had recently [...]

By the end of the night on March 2, 2009, new “Late Night” host Jimmy Fallon had scored big, attracting 2.9 million viewers — a full million more than his competitor in the time slot, Scottish comedian Craig Ferguson. It was one of the best debuts in recent memory for a late night show, [...]

Facebook, tweets, blogs help companies extend their reach
Charter reservations are sailing in for Free Spirit Yacht Cruises this year despite the turbulent economy, and co-owner Angela Motola-Donofrio attributes it to a social media push.
The company is tweeting regularly on Twitter and recently launched group and fan pages on Facebook, two platforms that didn’t exist when she [...]