Comprehension check
3
1. You can meet old friends through social networking websites such as Facebook and MySpace.
2. You have to be a university student to be a member of Facebook.
3. Facebook is more successful than MySpace.
4. Mark Zuckerberg is a co-founder of Yahoo!
5. Rupert Murdoch is a media mogul.
6. MySpace made an offer to buy Facebook.
7. Murdoch wants to swap MySpace for Yahoo!
8. People say there is too much advertising on MySpace.
9. Yahoo! has a new CEO.
10. Online advertising is a booming business.
Are these statements True (T) or False (F) according to the text?
in the door. Analysts
in the US think that News
Corp needs to do more, and so this is why Mr
Murdoch’s offer to Yahoo! becomes attractive.
Talks
between Mr Murdoch, who wants to swap
MySpace for a 25% stake in Yahoo!, and Yahoo!,
have hit a snag. Earlier this week, Yahoo!
chief
executive Terry Semel stepped down. His
replacement, co-founder Jerry Yang, will want
time to deal with the
problems in the business
before re-opening negotiations with anyone.
But, for Mr Murdoch, the allure of the
Internet advertising
market is not going
to go away. A recent report published by
PricewaterhouseCoopers showed that last
year, income from online
advertising worldwide
grew 37.9% to $31.6bn, and now accounts for
more than 7% of the total advertising market of
$407bn.
Globally, the Internet will remain the
fastest growing advertising medium. By 2011 the
online advertising market will be worth $73bn, or
14% of the global advertising market. That’s still
a lot to play for.
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