Google Has Made a New Friend(ster)
Remember Friendster?Â Bambi Francisco spoke with Friendster CEO, Kent Lindstrom and found out that Google is going to place ads and power Friendster’s search technology.Â Friendster was founded in 2002 by Jonathan Abrams.Â Google had made a similar deal with MySpace last year.
Yahoo! was the previous search technology partner with Friendster.Â Now Google will benefit from Friendster’s 1 million monthly unique visitors.Â Google’s contract with Friendster is supposed to last 2 years and the financial details were not disclosed.Â Google paid News Corp, owner of Myspace, $900 million.
[Source: Bambi’s Blog]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry