A Market Place for Facebook?
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The company may be hinting at going public.
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MySpace, a website considered the hip place to socialize online, announced it will enable members to sell their music.
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Thanks to a clean, easy-to-use interface, a brand-new social networking site may edge out its competitors. Invite your friends to Thanksgiving dinner the easy way. In Monkey Bites.
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Social-networking site Facebook is in   serious talks to sell itself to Yahoo YHOO.O for an amount   that could approach $1 billion, The Wall Street Journal   reported on Thursday.
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The social networking site aSmallWorld.net has attempted to create an Internet niche by cultivating an air of exclusivity.
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Microsoft is rumored to be interested in investing in Facebook, in a deal that would value the social network at $10 billion or more. Just what else could you buy with $10 billion? It's the GDP of Bolivia, for starters.
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Today's announcement from Facebook is the reason why Google announced OpenSocial last week. They must have gotten a leak from one of the companies that stood with Facebook, so they knew what was coming. They weren't scared of Facebook's technology, because they didn't respond with technology. They were scared because Facebook has a better advertising story than Google does. They are getting ready to offer some very premium web real estate that (pay attention now) Google can't compete with. And advertising is Google's bread and butter, advertising is to Google as operating systems are to Microsoft. They can't let somebody appear to be better than they are in advertising. Yet that's what Facebook is, better than Google in advertising. Here's what Facebook can do.  Let's say I bought a Wii and I like it. They can tell all my friends "Dave bought a Wii and he likes it." That's a lot more likely to result in a sale  than an intrusive ad like this one, that was displayed next to an email I sent to some friends about their New Networked Living Room. Google thinks I might want to buy Moroccan Lamps, or something called a Unique Shabby Chic (huh?) or Crate & Barrell bedroom furniture. Of course I tune that shit out, I don't even see it. It has zero impact.   Anyway, I was talking with Doc Searls a few minutes ago and he mentioned OpenSocial and I told him it was just a lot of noise meant to distract people from what Facebook was doing in advertising. He hadn't heard anything about it even though he was at a tech conference in Denver today and yesterday. I said there you go, Google's strategy worked. But to no effect, longterm, because Facebook has the momentum and Google, try as hard as they want to stop it, will not be able to, any more than Alta Vista or Infoseek were able to stop Google once they figured out that their lunch was eaten. Google will be around for a long time, I'm not saying they will go away, but Facebook will be around too. And Google will have a hard time catching up to them.  Long-term, however they both have problems because advertising is on its way to being obsolete. Facebook is just another step along the path. Advertising will get more and more targeted until it disappears, because perfectly targeted advertising is just information. And that's good!  8/3/06: "Information is welcome, advertising is offensive."
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Facebook, the social-network site that has enjoyed explosive growth in new members over the past three months, said it plans to let users tell the rest of the world how to find them on the site.
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Blog: Wis.dm launches. Social network site where members ask and answer yes and no questions. Could be useful for market research and targeted advertising.
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The browser market lives, and IT executives should be open-minded about using Firefox and other alternatives. The browser market lives.
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It's kind of like Facebook's feed for people who don't do Facebook. http://friendfeed.com/davew  It seems pretty cool.
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Facebook Inc, the social-network  site that has enjoyed explosive growth in new members over the  past three months, said it plans to let users tell the rest of  the world how to find them on the site.
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Facebook's advertising system provokes questions about how companies share data.
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Facebook will sell a $240 million minority stake to Microsoft, which as part of the deal will also expand the advertising services it provides to the social networking phenom, the companies said Wednesday in a statement.The size of the ownership stake Microsoft will take during Facebook&#39;s next round of financing puts Facebook&#39;s valuation at a whopping $15 billion.&#160;Google had reportedly been courting Facebook as well.In addition to the ownership piece, Microsoft will also extend its existing agreement to provide banner ads to Facebook in the U.S. With this deal, Microsoft will become Facebook&#39;s exclusive third-party ad platform as well as provide Facebook ads internationally.Facebook will likely devote the cash influx from its next financing round to bankroll the torrid growth it is expecting in the coming 12 months in usage and headcount.With about 300 employees now, Facebook expects to have about 700 a year from now, its CEO and co-founder Mark Zuckerberg said last week at the&#160;Web 2.0 Summit.Meanwhile, the site is growing its usage at breakneck speed with about 250,000 new users registering every day.Founded in 2004, it currently has about 49 million active users today, up from 12 million in December. More than half of its active members return to the site daily. Some 59 percent of its users are outside the U.S.Earlier Wednesday, The Wall Street Journal and The New York Post reported that Facebook was in the final stages of making a decision on whether to do this deal with Microsoft or Google.For Microsoft, which hasn&#39;t attained as strong a position in online advertising as it had hoped and lags behind Google, landing this deal could be a major win, as long as Facebook proves to be as attractive an advertising vehicle as expected.The Journal reported later on Wednesday that Facebook expects a profit of about $30 million this year, on revenue of $150 million.Google and Yahoo provide ads for Facebook rival MySpace.Still, questions remain about social networking sites&#39; full potential for advertising, since most of their content is largely unregulated and created by millions of individuals, resulting often in material that is vulgar and objectionable.Facebook plans to share more ideas for revving up its advertising business on Nov. 6, at an event in New York to which it has invited what it calls &quot;its closest advertisers.&quot;&quot;As part of [the event], Facebook executives will discuss new approaches for advertising online,&quot; a Facebook spokeswoman said. &quot;We are not sharing any further details.&quot;Facebook, MySpace, and others are also under close scrutiny from law enforcement agencies in the U.S. and abroad because sexual predators use social-networking sites to stalk and victimize people, in particular minors.The Journal first reported Google&#39;s and Microsoft&#39;s pursuit of the Facebook investment a month ago.
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Facebook wants to make its members' profiles portable, get a handle on software developers, launch ad platform.
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Braced for privacy backlash Facebook is bracing itself for a user backlash after it launched a bid to turn hype into profit, when it punted a trio of new advertiser features at New York marketeers overnight.â¦
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Apple&#39;s iPhone may be big  news, but in Silicon Valley all eyes are on Facebook. The  all-ages private Internet club that began as a college student  hangout has become the tech industry&#39;s hottest ticket.