Fire-Wired Blog

This article was first published by  dmcityview.com Continuous growth is the demand of every shareholder and blight of every company. Everyone from CEOs down to mailroom clerks wants to rake in profits as much as investors, but failure to recoup bigger and bigger profits can quickly kill their job and reputation. How do companies bring in new riches? Through diversification or innovation. To stay relevant and profitable, practically every company must diverge from its initial path. Microsoft started as a software company, Apple was a computer manufacturer, Google a search engine and Facebook a social network. While all these companies still hold a major footing in these arenas, they’ve all pushed into other industries with varying levels of success. Apple makes the majority of its profits from phones and digital sales, Google is in advertising, software development and content distribution, and after entering the stock market in 2012, Facebook started spraying a firehose of cas...

This article was first published by dmcityview.com How many social networks can one person use? Facebook? Of course. Twitter? Sure. Pinterest? Sounds fun. Google Plus? Maybe. Pheed? What now?               For those not following the trends in social networking, it appears tweens and celebrities are refashioning where it’s cool to share every second of your life. Now, only 4 months old, the social website and app Pheed.com has rocketed to the top of Apple’s Free Apps chart last week and, by all accounts, now has millions of users posting status updates, photos, music, videos and more. What sets Pheed apart from its social predecessors is the ability for users to profit from their content.               For years the business concern about social startups was, how will they make money? MySpace sunk itself by cluttering its site with too many advertisements. Facebook is just now starting to publicly report profit...