Mobile Social Networking Set To Take Off

Online social networking continues to grow, but mobile social networking is on track to attract 140 mobile users who will generate $410 million in subscription revenues by 2013, according to ABI Research."Subscriber numbers for mobile social networking will climb at a relatively modest rate for the next three or four years, but will then start to accelerate sharply," said Michael Wolf, ABI research director.

U.S. Getting Dominated in Internet Traffic

Last week, U.S. cable provider and ISP Comcast put a cap on monthly broadband use, and now there are reports surfacing that the U.S. in general is falling behind when it comes to Internet traffic. This is not a direct result of the Comcast situation, but with Comcast being the 2nd largest ISP in the country, it's certainly not going to help.