Xbox Live Banking Billions on Virtual Goods, Twitter ‘Mumbles’ Big in Japan

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Amplify’d from www.switched.com
xbox live making money with virtual goods

Highlights from this morning’s other big tech headlines….

  • Nonexistent virtual goods produce obscene revenue for online services. The phenomenon, which even attracts criminal activity, is currently helping Microsoft stave off the effects of diminishing video game sales. Forbes estimates that Xbox Live earns the company more than $1 billion annually, primarily through various account upgrades, and from the sale of avatars, costumes, character attributes and other intangible items. [From: Forbes]

  • Stumped New York Times writers searching for alternate ways to describe “posted messages on Twitter,” may have just found their “tweet” substitute — by way of a Japanese translation. Now, 16.3-percent of Japanese Internet users “mumble” on Twitter, compared to the 9.8-percent of U.S. Web users. Japanese mumbles also impressively represent 12-percent of total worldwide tweets. [From: The Huffington Post]

  • WordPress experienced crippling outages earlier this month, but the millions of online pontificators temporarily left blogless may soon forget those past worries. The official WordPress 3.0 ‘Thelonious’ upgrade, inspired by the jazz musician’s “improvisational wizardry,” apparently now provides subscribers with a variety of exciting features, including bulk updates, customizable style options and a more efficient and navigable interface. [From: Mashable]

Read more at www.switched.com

Posted via email from The Social Media Marketing Report

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Author: Stephen G. Barr, Group Publisher

Author, Syndicated Columnist, Editor In-Chief and Group Publisher at SGB Media Group, a social media marketing firm specializing in digital media content production, publishing, affiliate marketing, public relations and advertising. Over 25 years experience in retailing, advertising, website & online forum development, niche social networking, affiliate marketing, search optimization, branding and identity, site location, non-profit fund raising. Event planning, promotion, production and MC/Host at public events. Author, Editor & Publisher of 35 syndicated, digital publications utilizing multiple digital distribution channels in conjunction with launching and administrating national advertising campaigns for major Fortune 500 advertisers in partnership with Google, Ning, Facebook, Myspace, Yahoo, DoubleClick, LinkShare, PepperJam and other industry leading third party affiliate networks. Product development team member from conception to launch on many websites, tangible goods and organizational structure for start ups. Specialties: Public relations, retailing, advertising, website & online forum development, niche social networking, blogging, email campaigns, affiliate/performance marketing, search optimization, branding and identity, site location, event production & promotion, non-profit fund raising and tasteful, responsible adult content publishing. An internationally recognized and read social media columnist & pundit on The Examiner, Associate Content, Vator.tv, X-Biz.net and Technorati and his own affiliated sites.

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