Monetization issue is gaining attention. With recession fears growing every day, time to critically review business model is here. Big social networking players are not shy about making tall claims. Here is a quick run down of how they did recently.
Myspace claimed important client - Cartier - Â dispelling notion that MySpace user base is [...]

Community oriented online services are still growing up in India market. Cellphone penetration is order of magnitude higher than PC based internet access.  For new applications, it’s natural to address mobile market before addressing still emerging PC based web services. Riding on that assumption, Mumbai based Webaroo launched SMSGupshup - a sms based community site.
Very [...]