It was great to catch up with my friend and former client Tony Perkins (co-founder of the Red Herring, which my firm represented in the go-go late nineties) in the hustle bustle of New York. Tony is usually found in the far quieter, bucolic climes of Woodside, California. He was in town talking about the monumental changes taking place in social networking and spoke with me about its implications for businesses.

Tony says we need to take notice of how young people are spending their media- consuming time. He revealed how deeply young people rely on online networking to see and be seen. He says that some 30 percent of new friends that the average 21 year old makes, he meets via online networks.

– – Andy Plesser

Other relevant articles of interest to The Beet’s readers:

>> Here’s a column from one of our favorite Valley Watchers, Bambi Francisco of Marketwatch. She has an interesting perspective of how companies including Yahoo!, eBay, Google and Dell are working together productively these days.

Her column also includes a link to her interview with VideoEgg co-founder Kevin Sladek. (Beet.TV uses VideoEgg to manage our videos.)

>> Technorati also recently announced that they will be partnering with the Associated Press to bring blogger commentary on AP stories to AP member newspapers. Peter Hirshberg, executive VP of Technorati, and Beet.TV commentator, shares his thoughts on the partnership and explains how it will work.

>> More on Technorati from the Wall Street Journal: the article explores blog search engines, and the tools they are employing to make the 41 million blogs on the Net manageable., for example, plans to include photos and podcasts along with its search results. (Subscription required to access the article)