BUSINESS

Internet’s future is social networking, says DST chief

TAGs: Digital Sky Technologies, Facebook, Google, Yuri Milner

face the facts

face the facts

If at first you don’t succeed, try, try and try again. Just ask online gaming entrepreneur Yuri Milner, who has had to start over three times after falling victim to political change and the dotcom implosion before making the big time. Last year his company, Digital Sky Technologies, bought 2% of Facebook and the Russian has some very interesting views on the future of the internet, insisting that social networking, rather than search engines like Google, is where the future is at. “In the next three years, everything on the internet will be becoming social,” he says. “There will not be a site that will not be social, which will allow advertising to become much more targeted.” Don’t you just hate industry pioneers who keep making predictions on this site? Read more.

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