Facebook in talks with Skype over onsite VoIP
Monster social network Facebook is understood to be in discussion with VoIP player Skype over the integration of voice call and messaging capabilities between Facebook users. Facebook has over 500 million users and Skype has around 560 million.
Microsoft launches social learning network
Microsoft has attempted to get into the social networking space by launching its own social network So.cl, which is specifically targeted at students.
Does my bottom line look big in this?
The world’s favourite social butterfly, Facebook, finally made its Wall Street debut Thursday as the IPO process got underway. Although it was to be expected, at $38 each, the shares still seem ridiculously overpriced. Legal advisory firm Magister Advisors explained to the Informer that Facebook needs to make ten times more revenue per year than it currently is making, and hit annual figures of between $30bn to $40bn, in order to provide value for that price. The site may be the internet’s equivalent of crack, but making this much money is still a tall order.
Social TV can help Facebook avoid becoming the new Yahoo!
The stats on Facebook usage are jaw-dropping, with over 900m registered users, over 500m of whom visit daily. For many of those users, Facebook is the internet. It’s the place they go to connect, to communicate, to share and – increasingly – to spend time consuming content. Much of that content – photos and status updates – is user-generated, but in terms of time spent and revenue generated, the importance of professionally created content, notably social gaming, cannot be overlooked. And by virtue of its scale, Facebook is becoming an important global platform for more traditional media content such as music and video. Yet attempts to charge users for such content have so far failed to gain traction.
Mobile is both Facebook’s Achilles heel and future
Facebook has been at the forefront of the growth in mobile data usage in recent years. It is indisputably one of the big stars of mobile; one that most operators have wanted to ally themselves with to drive the sale of data plans on their networks.
Yet, by Facebook’s own admission, mobile could be its Achilles heel.
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