If you buy into the latest wave of hype, the Web is all about communities. It's about hockey teams using Wikis to put up schedules, Brownie troops sharing online calendars, and the oh-so-lucrative 15-to-25-year-old demographic sharing ideas, communicating and seeking entertainment on social networking sites such as MySpace and Facebook. This movement represents a huge opportunity for high-tech companies that can take advantage of communities by giving them value-added tools. A potential supplier is Vancouver-based EQO Communications, which is developing communications tools that provides wireless users with ways to know when you're buddies are online and then call them. So far, EQO has tapped into Skype's API to offer this service to Skype users but CEO Bill Tam said the real prize is tapping into social networks such as MySpace and Facebook by extending the identify and presence of its users from PCs to wireless devices. The company, which struck a chord at DEMO earlier this year, will probably to raise $7.5-million to $10-million later this year.
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Jumping on the MySpace/Facebook Bandwagon
by
Mark Evans
on Tue 04 Apr 2006 03:55 PM EDT | Permanent Link
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