A fascinating step forward in the social networking phenomenon has begun in Australia and is about to move worldwide. Called “FunkySexyCool” the idea is social networking on mobile phones. The system has been on show in the past week at the annual European Technology Round Table in Barcelona. Although the system is a bit wacky it points the way to more social networking. Expect social networking systems to be added to all sorts of technology, including digital TV and telephony of all kinds.
How can you make money from user generated content?
A new report on user generated video shows that almost half of all online video watched last year was provided by Internet users themselves. The report also predicts that this will rise to 55% by