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We live and work in exciting times - revolutionary times. Technology continues to recast the media industry.

The extraordinary advance of affordable personal digital technology and the stellar rise of social networks are both distrupting and transforming the media market making this a unique moment to be involved in the convergence sectors we focus on.

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Tuesday, 14 June 2011

Facebook hits a wall

Facebook has seen "big traffic drops" in the U.S. and Canada, even while it slowly closes in on 700 million members globally, according to Inside Facebook<http://www.insidefacebook.com/2011/06/12/facebook-sees-big-traffic-drops-in-us-and-canada-as-it-nears-700-million-users-worldwide/>, which monitors membership rates of the social network.
The behavior of the social network's North American and (some) European membership suggests its growth potential in these nations is now limited. And that's potentially a big detriment to a Facebook IPO.
And this news on the day that Facebook IPO rumored<http://www.cnbc.com/id/43378490/> to be at $100bn valuation

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