Sex.com Sells

Sex.com Sells
The domain name sex.com, which is regarded as one of the most valuable domain names in the world, sold for $13 million. The domain name was sold by the bankrupt firm, Escom, who originally purchased the domain for $14 million in 2006. It is unknown what the domain’s new owner, Clover Holdings, has planned for the very valuable and very sexy domain name.

“I Want An iPhone 4”
Apparently lots of people want an iPhone 4, as evidenced by the fact that AT&T activated 5.2 million iPhones during the third quarter of 2010. AT&T noted 5.2 million was the largest number of iPhone activations to date, and approximately one quarter of the activations came from new customers.

Big Media Gets Together To Invest In Social Media
Big media companies are interested in investing in social media startups. That’s why corporations like Amazon, Facebook and Comcast have gotten together to form the “sFund”, a $250 million fund for investing in social media startups. Both financing and counseling will be provided to social media entrepreneurs who show promise in the rapidly growing social Internet space.

Print Facebook Photos At Target
Want an easy way to print your Facebook photos? Target stores will start featuring Kodak kiosks that allow users to sign-in to Facebook and print high-resolution photos on the spot. The “Social Media Connectivity” feature on the kiosks allow users to make collages, books, calendars and greeting cards from their Facebook photos. The Kodak kiosks will be available in most of Target’s stores around the country.

Shelly Palmer Chats with Johanna Breman Tzur, SVP of Brand & Advertising at HSBC