Daily Bytes: Web 2.0 Summit – Mobile, Apps, Twitter, & PayPal
Posted on Wed, Oct 21, 2009
As mentioned in yesterday’s Daily Bytes, I am paying attention to the coverage of the Web 2.0 Summit. Some of the best insights as to how the internet is evolving and its implications for business are being discussed there. So today’s post provides quick take-aways from yesterday’s talks as well as some links for more than “byte-sized” reading.
The Economy is Recovering, Mobile Internet is Huge, and the i-Phone Kicks –s
Mary Meeker of Morgan Stanley regularly attends Web 2.0 Summit to provide an overview of the economy and its relation to the growth of the internet economy. In this post, Alex Hawkinson provides a summary of the high points of this year’s presentation. Bottom line, she came with good news about the pending economic recovery and the future explosive growth in mobile. Also, I recommend reading her presentation linked to here.
Mark Pincus: Web 3 is The App Economy
As mentioned in yesterday’s post, Marc Pincus, Founder and CEO of Zynga, the creator and distributor of hit casual games like Farmville and Mafia Wars would be talking about the third greatest internet business model. As he is one of the leading generators of revenues from web applications, it is no surprise that he thinks that “web 3 is the app economy”. In this Tech Crunch post, MG Siegler summarizes the highlights of Mark’s talk. In addition, if you would like to watch Mark’s talk – it is only 9 minutes, click the You Tube ink below:
Twitter CEO: Lots of Way to Make Money, But 97% Not Focused on It Today
The Business Insider sums up John Battelle’s interview with Twitter CEO and Co-Founder Ev Williams and got no new insights on where Twitter’s business model is going. Yet, the interview provides insights on how Twitter is focused on building and improving its current capabilities.
Web 2.0: PayPal opening up its platform
PayPal president Scott Thompson announced that in two weeks it will be “releasing APIs that will allow anyone in the industry to create new ways to reinvent the $30 trillion payments industry.” VatorNews provides an overview of Scott’s talk and some of the logic behind this new initaitive.