Marketing Pilgrim

For all of the talk of social media, software as a service (SaaS) and the future of the Internet one of the most important components for delivery is that workhorse of the whole deal; the browser. Right now, Internet Explorer is the market leader with Firefox a solid second. While Safari will always be limited to the Mac-iverse the introduction of Chrome version 3 for the PC reminds us that Google needs to be a part of this mix as well. Hey, it wouldn’t be the Internet unless Google was involved, right?

TechCrunch reports that there is more to the picture though as revealed in an interview by Reuters like Mac users finally getting their chance to see their reflection in the Chrome world.

So it looks like Twitter has entered some rarefied air for sure. According to ReadWriteWeb and TechCrunch the micro-blogging juggernaut is moving into an exclusive club by securing a new round of funding ($50 million) based on a valuation of $1 billion (yup, it’s a b). No doubt, this will begin to stir the supporters and detractors alike. Unless we have ridiculously short memories or just think that this time will be different one has to wonder how a company that no one can figure out revenue wise can be valued at that much.

While I am not an analyst I did think about staying at a Holiday Inn Express over the past year so I qualify for jumping into the fray, right? Let’s hear what the RWW folks had to say first though.

Remember not so long ago when Rupert Murdoch was espousing the future of paid content? It is unavoidable was the cry but there has been not much said since. That is, until Barry Diller stated his version of the story at the Goldman Communacopia conference as reported by the Business Insider. Diller has never been one to pull punches so his assessment of the situation comes as no surprise.

He says “people will pay for things” on the Web and anyone that’s worried about upsetting the Internet community is a fool.

If you look back just eight years, says Diller, you’d see everyone writing off the music business as dead and gone, since all music was going to be free, illegal downloads. Now there’s iTunes a good business with smart pricing, and billions in revenue.

Just when eBay thought they had moved Skype, the Wall Street Journal tells us “Not so fast!” A copyright suit has been filed in Northern California by the founders of Skype over the use of a technology by Skype. The license to continue its use ended in March and since then the founders of Skype and the flounders that bought it have been duking it out in a the UK which has already cast doubt on the deal. The added US suit really puts the Skype deal in jeopardy.

The suit, filed Wednesday in the Northern California U.S. District Court, extends the drama behind eBay’s tumultuous relationship with Skype.

Remember back, years ago, when we had something to report about Facebook almost every day? I guess they’ve moved along the hype cycle now, so tit’s only natural that we see fewer stories about them—but every once in a while, two in a day can’t hurt. Especially not when Facebook’s out there launching something like Facebook Prototypes.

Product Designer Lee Byron says on the Facebook blog:

Facebook Prototypes let us share the experimentation going on inside the walls of Facebook with the rest of the world. You'll be able to test any of the products and features we launch as Facebook Prototypes and then provide feedback directly to those of us who built them. To access Prototypes, visit the Application Directory and filter by "Prototypes." From there, you can activate or download any of the Prototypes listed.

Facebook is still growing. They’re now at 300 million members—you know, roughly the population of the US. But unlike the US, Facebook has also entered the world of “free cash flow positive.”

In his post announcing the milestones, CEO Mark Zuckerberg says that they’d hoped to reach cash positive sometime next year—but, happily, they made enough to cover their operating expenses starting last quarter.

It’s been a while since we’ve heard financial news from Facebook—and the last reports weren’t so good. Almost a year ago, many were speculating whether Facebook was headed for financial ruin, and their ad rates had fallen. And less than six months ago, there were some reports that Facebook was snubbing a $4B valuation despite needing the cash the sale would have given them. (A far cry from $15B, eh?)