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User-generated content ranging from social networking to dating and personal content delivery services is expected to grow about 563 percent from a $1.1 billion market today to at least $7.3 billion in 2013

Mobile social networking use will increase from 54 million users today to nearly 730 million in 2013 with the bulk of those users coming from Asia.

Perhaps an even bigger problem is that both Facebook and MySpace fail to offer an optimized version for Japanese handsets. Millions of Japanese are accustomed to using one thumb, a dialpad and a jog dial on their phones when accessing the web during their commutes to school and work. In this country, the mobile web is bigger than the PC web.

Offering a country-specific version before a local copycat beats you to it is an obvious key factor for success, and not only in Japan.

Practical experience from the Japanese web industry has shown that partnering up with a local company is the best way to diminish these dangers

"Android is for the masses, iPhone for the rich".

t "we will definitely see a lot of location-aware and social-networking applications, that will try to be the social app for Android.

he European Commission today outlined the main steps that Europe has to take to respond to the next wave of the Information Revolution that will intensify in the coming years due to trends such as social networking, the decisive shift to on-line business services, nomadic services based on GPS and mobile TV and the growth of smart tags. The report shows that Europe is well placed to exploit these trends because of its policies to support open and pro-competitive telecom networks as well as privacy and security.

Web 3.0 means seamless 'anytime, anywhere' business, entertainment and social networking over fast reliable and secure networks

The index shows that Sweden and the Netherlands are clear leaders in the EU, thanks to a competition-friendly environment and skilled citizens and businesses that can use advanced services.

“We are going to see the big social networks start to decentralize into a series of social applications across the Web,” Mr. Zuckerberg said. “I think we are at the beginning of a movement and the beginning of an industry.”

For example, the mobile service company Loopt, based in Mountain View, Calif., helps people find their friends and see what they are doing on a map on their mobile phone. It will use Facebook Connect so its users do not have to re-enter their connections to the friends they want to track.

Sean Parker, a former Facebook executive who now runs Causes, said Facebook was trying to stimulate the creation of more sophisticated applications. “They are trying to evolve to a place where the right companies get funded and they launch more ambitious features on the platform,” he said.

We get into constant problems with some prosecutor who subpoenas information we don’t want to give them, and we resist it. Which is why we don’t fully operate in China. Our argument is that information is not available in your domain. So countries are now trying to rewrite their laws to say this information cannot be available anywhere on the Internet.

Q: What about mobile? Schmidt: Our wireless initiative was a perfect outcome. It was the cost of an outcome. I am on the board of Apple. Last night I was in Palo Alto and there was a line outside. It shows the device is a step forward. IPhone’s competitors all have dec A phone is GPS, a camera, a computer, and a browser. The Phone is tehfirst one with a really functional browser. We show full ads, so that is a huge for revenues/ The new category of apps that have not come out yet really is a breakthrough. One winner of the Android apps, it looks around, names the buildings it sees and tells you what is happening inside of them. That is a really interesting product. In mobile there are a lot od product that have that WOW factor, because of the use of GPS. I think all the most interesting next-generation social apps will be mobile.

Q: [Sam Whitmore asks if Google does any work for the government related to the Patriot Act] Schmidt: Regarding the Patriot Act or any of the three-letter organizations, absolutely not. We do provide the federal government with some search and other services through our [government] sales group.