It receives 15 percent of all Spanish internet traffic, has 11.5 million users and its own mobile phone operator and for the last year has been under the ownership of a telecoms giant. Tuenti is the social network of choice for Spain’s teenagers and a major corporate presence that many believe is on the verge of expanding abroad and taking on Facebook in the world market. Tuenti’s figures do indeed make for impressive reading and this, no doubt, was what appealed to Telefonica when the company made its €70-million bid for the social networking site in 2010. Now, a year after the takeover, Tuenti is at a key phase in its development. And as it moves forward in the shadow of one of Europe’s … [Read more...] about A social network headed for global dominance… or buy-out syndrome?
London
Anarchy in the UK, headed Spain’s way soon
A number of commentators in the Spanish media have pointed out the differences between Spain’s indignados and the young people involved in the looting in London and other British cities. In doing so most point out the similarities between Spain and Britain: both countries are in the midst of recession, subject to severe public spending cuts, have high youth unemployment rates, and where the mainstream parties are widely regarded as out of touch with, or powerless to do anything about, the situation. “So what do the English do,” asks John Carlin in El País, “they go out and steal flat-screen televisions and trainers… and the Spanish? Well, what the indignados have done,” is to stage … [Read more...] about Anarchy in the UK, headed Spain’s way soon