Boom: Relative Size of Social Networks
By Barry Ritholtz - December 2nd, 2009, 2:30PM
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. ~Jesse Livermore
Macro Notes
CFTC data, euro net shorts fall 38%Peter Boockvar
According to the CFTC weekly data for the week ended Tuesday, net shorts in the euro fell by 38% from last week's record high and are now at a 6 week low. Net shorts in the pound moved up a touch to just shy of its record high. Net longs in the Australian$ rose to the most since May '08 and net longs in the Canadian$ rose to the highest since Nov '07. Gold new longs fell to a 4 week low. Net longs in crude rose 14% and are just 12k contracts from a record high dating back to...
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December 2nd, 2009 at 2:32 pm
Looks like we hit a “Top” in social networking sites between ‘06 and ‘07, coinciding with the recent top in our economy.
December 2nd, 2009 at 2:33 pm
Wow. I’ve heard of about 10% of those. I now consider myself officially out of touch with the internet. I suppose I am the first person on the planet for that to happen to. Hey, at least I excelled in something
December 2nd, 2009 at 2:47 pm
Those are mostly international, I think local sites will continue to have success in the future, especially in places like China where Facebook is blocked and RenRen and QQ better cater to the population.
December 2nd, 2009 at 3:18 pm
Never even heard of Habbo.com.
This puts Twitter back into perspective for me, really (it was way overblown).
December 2nd, 2009 at 3:23 pm
“especially in places like China where Facebook is blocked”
a sign of a xenophobic insular nation-
try searching Tiananman Square massacre in China-
the sooner we become un-entwined w/ China the better
December 2nd, 2009 at 4:30 pm
I’m proud to say I don’t have an account with ANY of those sites.
Social networking is great for stalkers/marketers….useless otherwise.
Bah Humbug…
LOL
December 2nd, 2009 at 4:35 pm
@Christopher: You forgot narcissists and sociopaths.
December 2nd, 2009 at 6:11 pm
….and politicians….
Puke.
December 2nd, 2009 at 6:11 pm
….or is that redundant….
December 2nd, 2009 at 6:39 pm
That’s way too many “distracted” people.
December 2nd, 2009 at 7:13 pm
What, no Unemployed.com for the U6?
Maybe this is a startup business Fritz Henderson should consider while he is “pursuing other opportunities”.
December 2nd, 2009 at 8:30 pm
I have some problems with this source. I’ve seen an increase in Lefty Blogs since the 2000 Selection…and feeders and links off that.
In fact, I would say that the Dem Blogs aghast at the 2000 Selection were the ones that GREW THE INTERNET…and that the Righty Blogs were still hanging out at “FAUX NEWS” who were late to catch on to the NEW INTERNET and the Potential.
Now…given that the internet swings “Libertarian” one could quibble back and forth about my declarative statement. But, remember lots of “Libertarians” know something is WRONG WITH OUR COUNTRY. So, it’s possible that Libertarians joined up with those who though that intervention by the Supreme Court into Election System was WRONG.
Lots of room for Dems on Left and Libs in the Middle and RW Rockefeller Conservatives to get together to craft new policy going forward…would ‘ya think?
It’s a positive, hopeful, thought as all of us are angry over what we see as lawless financial boondoggles and prop-ups ( with OUR TAX DOLLARS/PENSION FUNDS and 401-K’s and IRA’s) and those who “wrote the laws” allowing the corruption, those who benefited and the US SEC/FED/FANNIE/FREDDIE and the Rest who allowed this corruption to go on!
Blame the People over those who corrupted the Laws that were written after the Great Depression who kept us from financial Armageddon until Reagan and then Bush I and Clinton and Bush II got their greedy hands and dismantled. Let’s look at what the Thatcher Govt. in GB and Blair (Lib Dem) did “hand in hand.”
Look at the “Financial Models” that allowed Japan to be the first “Bad Boy” to get into “Creating an Export Market” to take advantage of decrepit US Manufacturing (allowed to languish under Nixon/Ford/Carter/Bush I and on down) so that we could EXPORT JOBS based on FUCKING MODELS. CHEAPER TO BUILD EMERGING MARKETS THAN TAKE CARE OF OUR OWN! Too Expensive to Retrofit our OwnMANUFACTURING to take care of ENVIROMENTAL Concerns over Pollution …..so ship it off to foreign shores and call it “Nation Building” or helping “the disadvantaged gain access to the Global Economy” by making pennies on the dollar like our “Sweat Shops” built on the “Slave Economy” that built Cotton into Textiles and Furniture for the SOUTH before the CIVIL WAR…
Gack…I gotta shut up…. Sound like a raving loonie….here.
December 2nd, 2009 at 9:16 pm
Well if you believe this site (and why wouldn’t you — after all it’s on the web!) there are 1,733,993,741 Internet users worldwide, 252,908,000 in North America.
So, one in three Internet users in the world are on Facebook, and almost that many on Myspace. Or, everybody in North America has at least one account on each and maybe more. Two out of ten are on Twitter (the rest of the world has more sense).
Methinks Wiki isn’t the only thing on the web full of BS.
Or, data that only someone-selling-ad-space could love.
December 2nd, 2009 at 9:52 pm
@bergsten Says:
Well if you believe this site (and why wouldn’t you — after all it’s on the web!) there are 1,733,993,741 Internet users worldwide, 252,908,000 in North America.
So, one in three Internet users in the world are on Facebook, and almost that many on Myspace. Or, everybody in North America has at least one account on each and maybe more. Two out of ten are on Twitter (the rest of the world has more sense).
———
Methinks the charts are skewed to the “Social Networks” and their feeders… It’s good for “bidness.”
If you broke it down…well it would be a nightmarke and would need those with “interests” paying to get the demographics for whatever their Blog or Site is gearing to. No? :shrug:
December 2nd, 2009 at 11:10 pm
An Open Letter from Facebook Founder Mark Zuckerberg
Share
by Mark Zuckerberg Yesterday at 9:23pm
It has been a great year for making the world more open and connected. Thanks to your help, more than 350 million people around the world are using Facebook to share their lives online.
To make this possible, we have focused on giving you the tools you need to share and control your information. Starting with the very first version of Facebook five years ago, we’ve built tools that help you control what you share with which individuals and groups of people. Our work to improve privacy continues today.
Facebook’s current privacy model revolves around “networks” — communities for your school, your company or your region. This worked well when Facebook was mostly used by students, since it made sense that a student might want to share content with their fellow students.
Over time people also asked us to add networks for companies and regions as well. Today we even have networks for some entire countries, like India and China.
However, as Facebook has grown, some of these regional networks now have millions of members and we’ve concluded that this is no longer the best way for you to control your privacy. Almost 50 percent of all Facebook users are members of regional networks, so this is an important issue for us. If we can build a better system, then more than 100 million people will have even more control of their information.
The plan we’ve come up with is to remove regional networks completely and create a simpler model for privacy control where you can set content to be available to only your friends, friends of your friends, or everyone.
We’re adding something that many of you have asked for — the ability to control who sees each individual piece of content you create or upload. In addition, we’ll also be fulfilling a request made by many of you to make the privacy settings page simpler by combining some settings. If you want to read more about this, we began discussing this plan back in July.
Since this update will remove regional networks and create some new settings, in the next couple of weeks we’ll ask you to review and update your privacy settings. You’ll see a message that will explain the changes and take you to a page where you can update your settings. When you’re finished, we’ll show you a confirmation page so you can make sure you chose the right settings for you. As always, once you’re done you’ll still be able to change your settings whenever you want.
We’ve worked hard to build controls that we think will be better for you, but we also understand that everyone’s needs are different. We’ll suggest settings for you based on your current level of privacy, but the best way for you to find the right settings is to read through all your options and customize them for yourself. I encourage you to do this and consider who you’re sharing with online.
Thanks for being a part of making Facebook what it is today, and for helping to make the world more open and connected.
Mark Zuckerberg
December 2nd, 2009 at 11:49 pm
wow… I don’t see e-harmony.com … maybe I’m blind and the last person on Earth who doesn’t have a Facebook account.
December 26th, 2009 at 3:36 am
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