I don't doubt the application is nice and all. But how on earth are they ever going to make a single dollar with this BS? They won't, because the second they will start running ads on it another "service" will come alone that will happily display no ads at all in order to attract as many eyeballs as possible. And they won't succeed in charging people for the service either. Will just open the door for the competition. The reality is all these Web 2.0 sites (at least the ones I know) are just competing for 'worthless' eyeballs without ever being able to properly monetize them (subscriptions, memberships etc.) - Monetizing means driving users away. It's a vicious circle.
These clowns get lucky with some lame-0 idea that catches on with the masses and they think they've cured cancer.
Some GOOG moron wants a piece of action at Facebook... SAN FRANCISCO (MarketWatch) -- Google Inc. shares fell Tuesday amid reports that the company has lost a key executive to up-and-coming online social networking service Facebook Inc. http://www.marketwatch.com/news/sto...D474-5DDA-4231-8BCA-831F234FEA12}&dist=hpmymw
Consider that they may both be Trojan Horses. Consider the massive databases containing highly personal information and preferences and networks and pictures. It has unlimited value to any intelligence service. Surprise!!! We fell for it.
Just because MSFT paid $250,000,000 for only 1.6% of Facebook doesn't value Facebook at just under 16 billion. Yes 250,000,000 x 1.6% = 15,625,000,000 but we do not know the other details of this deal. MSFT would have been equally happy with a 1% stake in Facebook for the same $250,000,000 to value Facebook at 25 Billion. Why would MSFT do this you ask? To artificially inflate Facebooks value to make them out of reach for anyone, including GOOG. Conrad Black pulled off a similar maneuver to obtain 100% control over the Telegraph Group in Britain. He bought a 10% stake with the condition that if they need any more money the had to come to him. A few months later the Telegraph Group need more money and Conrad Black took complete control.
imo IM needs to take over from email and work with social networking sites. huge opportunity for microsoft. between office at businesses and facebook for personal use (add linkedin for business networking) msn messenger could make email slowly fade away. would take years to pull off and i doubt microsoft really gets it
I just find it so disturbing that just about anyone can look me up and see my picture, who my friends are, what city I live in . . . Even more disturbing to me about MySpace is the lack of maturity of its users. If someone pisses you off, you drop them from your friends list, or move them below, like, "The Soup" or something. So childish. So sad.