Posts Tagged ‘Twitter’

The Timeliness of a Saudi Prince’s $300 Million Twitter Investment

Monday, December 19th, 2011

News regarding the importance of social media, the continuing relevance of public relations and branding peaked in the last week. It has been frustrating to be out sick with so much to blog about.

Today, Dealmaker broke the news that Saudi Arabian prince Walid bin Talal has taken a $300 million stake in the social media site Twitter. A spokesperson for his investment company said, “social media will fundamentally change the media industry landscape in the coming years.”

The juxtaposition of social media news, investing, the world’s most oppressive nation and public relations handling makes this a timely story. Social media played a critical role in the Arab Spring protests. It has consumed much of the world’s attention in recent days as disturbing videos of Egyptian soldiers attacking unarmed protesters have surfaced, resulting in global condemnation of those actions.

According to the data intelligence company Semiocast, Arabic-language messaging is the fastest-growing segment on Twitter. Saudi Arabia is also home to the world’s worst human rights abuses. As Mark Scott of Dealmaker noted, the prince’s firm announced the news, assuming control over the delivery of a story that would have leaked in any case.

The Prince does not appear to be a Twitter user. However, his wife Princess Amira el-Taweel, a social rights activist with a high visibility in the U.S., is a likely Twitter candidate. 

A Good Resource for Staying Abreast of Social Media Trends

Monday, November 7th, 2011

SmartBlog on Social Media is an excellent resource for businesses (and anyone) wanting to keep abreast of social media trends. If you prefer information delivered to you, SmartMedia editors hand-pick the most relevant and important social media news from all over, summarize it, link to the original sources and deliver it in a daily e-newsletter.

One example is a recent article about how Fortune 500 use of social media is slowing.  According to “The 2011 Fortune 500 and Social Media Adoption: Have America’s Largest Companies Reached a Social Media Plateau?,” the use of bloggingTwitter, and Facebook among the nation’s largest companies has leveled off. The Center for Marketing Research at the University of Massachusetts conducted the study. (more…)

Steve Jobs Was a Hero in a Corporate Era Lacking Them

Tuesday, October 11th, 2011

Steve Jobs’ brilliance, drive and creativity touched many lives. He has been compared to Albert Einstein and Thomas Edison, and credited with bringing the future to us.

The outpouring of acknowledgements in response to his untimely death has been telling to observe online as well as on mainstream news platforms. (Today, The New Yorker’s new issue devotes its cover to him at the Pearly Gates, St. Peter looking him up on an IPad. It is trending on Twitter as I write this.)

Steve Jobs was known for having a difficult, mercurial personality in the workplace, described by one writer as the last great tyrant. So why is there a continuing outpouring of tributes to him from throughout the world?

Jobs may have been the last CEO whose top focus was not on making a profit no matter what. His driving mission was to create the best design and to serve the customers with the best products they didn’t realize they needed. In his pursuit of that goal he drove himself as hard as he drove his employees. In a corporate era lacking heroes, Steve Jobs was one.

Joe Hagan on What Makes Twitter Work

Wednesday, October 5th, 2011

Joe Hagan’s current New York magazine cover story about Twitter is a must-read. His detailed insight into how Twitter relies on celebrity users and the media to build and maintain its current dominance on the social media scene is instructive for anyone using social media to build a brand. Especially if that media platform is Twitter.

Key takeaways:

Twitter’s most frequent and widely-followed tweeters are the core of its business. Those star attractors include celebrities, politicians and the media. Twitter realizes that without them, it will become a footnote in the history of social media. How it cultivates and supports them is instructive. (more…)

Dyan Machan on How Lady GaGa Built Her Brand

Thursday, September 22nd, 2011

Dyan Machan has an insightful piece in Smart Money about how Lady Gaga used her personal story, empathy and social media to become the most Googled person of all time (and earn $100 million this year). Her article is based on the business school case study, “Lady Gaga, Born This Way?,”  coauthored by Martin Kupp, program director of the European School of Management and Technology in Berlin.

My favorite takeaway is from the “If the Rules Don’t Work, ReWrite Them” section:

“Germanotta knew talent wasn’t enough to draw attention in a crowded music landscape…. perhaps most important, she worked at first without help from a very skeptical recording-industry establishment. One label turned her down; another dropped her, reportedly after one of its executives made a cutting-his-throat gesture while listening to one of her tracks. So Gaga fed her music and promotional info directly to her fans, via social media. An early-adopting Twitter user, she communicated with her followers an average of five times a day and used the service to announce the release dates of her new albums. Kupp says it’s all an example of how upstarts need to ignore the standards set by large, risk-averse corporations: “If you don’t break the rules, you won’t make it,” he declares.”

Another example of how social media has eliminated the need for many of the middle-men once necessary to launch and build a career, business and brand.