Wed, May 14, found via
Laurel Papworth - Online Communities - Australia and Global
Wed, May 14
According to The New York Post "Advertisers in the US will spend $1.4 billion to place ads on social-networking sites this year, down from an earlier estimate of $1.6 billion, eMarketer said." The research firm also revised down its revenue estimates for MySpace and Facebook.
Web 2.0 is a bust.