Detailed text transcripts for TV channel - MSNBC - 20140611:19:48:00
See if you can name one person you know that is not on facebook, twitter, instagram or some other social network. you'd probably be hard pressed to come up with anyone. and i'm not surprised. since 2005 social network usage has shot up from single digits to 90% of 18 to 29-year-olds and almost half of internet users are over the age of 65. in all, nearly three-quarters of internet users are on social media. but what makes for a successful site site? why is facebook worth billion of dollars while myspace is a sort of footnote at this point in the internet history books? our next guest says that...