Signal to Noise in the Social Web and the viability of the river of news with advertising
I came to a small realization this weekend; this is big, traditional media is dead!
Gone the way of the dinosaurs. Twitter is breaking more news these days than CNN or the Wall Street Journal. The news papers or bleeding life. Subscriptions are down. Pew Internet studies state that younger generations are going online to get their news and dont read traditional publications. Here's the rub, social web and social media still lack a proven business model.
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The new world of twitter... and maybe google.
Rumors of last night are that Google is close to acquiring Twitter... see Techcrunch if this rumor matters to you. I opened my TweetDeck late last night (as I often do). And saw acquire as a trending topic. I clicked on the term... some 30 minutes old... and watched it grow over the next couple of hours before the country went to bed (when traffic tailed off).The social trifecta is very much alive...
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