Advertisers to spend $1.7 billion on social network ads in 2010
Posted by Paul in advertising, business on August 16, 2010
We know Facebook and MySpace in particular are making a ton of revenue off of ads — the two combine for over half of all social network advertising, which for 2010 is estimated at $1.7 billion, according to eMarketer.
The number is only for the US — worldwide, advertising jumps to $3.3 billion.
Popularity: 3% [?]

According to an article at the
For the first quarter of this year, the online ad revenues in the US have
Twitter has finally revealed an ad platform to monetize its huge user base and activity. It works pretty much like Google Adwords, where advertisers will get to buy sponsored tweets which will appear in the search pages and user’s stream, depending on what they like and tweet about. Pretty much like everyone expected. Twitter calls this “Promoted Tweets”, and the new service will launch later today.
Reply.com, a local advertising marketplace, has filed an IPO where the company 


