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Just when the world of social networking seemed to be channelling towards Facebook and Twitter, the old guard have taken new steps toward regaining prominence. Swiped from under the noses of Facebook, MySpace are on the verge of purchasing iLike.
To most that probably doesn’t mean a great deal; however iLike is one of the most popular apps currently featured on Facebook. It allows users to share their favourite songs with friends and give an insight into their musical taste. MySpace is already very much the social networking site of choice for many music and video aficionados; by being able to provide exclusive access to iLike, they could well corner this market and subdue Facebook momentarily.
It seems nearly every day there’s a new headline out there about Facebook’s share price hitting a new low. This week it past the US$20 mark, representing an almost 50% decline since its listing nearly three months ago. Read more
Friday was the day that investors and folks in Palo Alto had been waiting for with bated breath, ever since Facebook announced that they would be going public back in February. Whilst the IPO was far from disastrous, a closing price of $38.23 ($0.23 above the opening value), issues with the Nasdaq flotation and a looming $15billion lawsuit over privacy violations left a bit of a bad taste on one of the biggest days in the company’s history.
As Google recently released their advert for Google plus, with the intention of attracting more people to sign up to their social network [See: Google+ TV ad Illustrates the Internet Giant’s Intentions], speculation has increased as to whether Facebook is planning to improve their search functionality to compete, or shall we say take away, some of the market share from the search giant.
There’s a good chance that you will have heard the murmurings about Facebook’s proposed IPO months ago. Well, it’s now official; Facebook has officially filed to go public in an effort to raise an approximated $5 billion – valuing the company at $100 billion.
Whilst this might be exciting news to existing and potential investors, for the wider world it is just another stock floatation. But what will the impact be on the company and the 800 million that use it?
Personalised search is about to become a whole lot more personal as Google begins to roll out ‘Google Search, Plus Your World’. This update could completely change the face of search, dragging in content from your social world to create tailored results.
It’s yet another curve ball from the search engine, which has been moving towards complete personalisation of search for a while now. The official blog promotes it as an opportunity for signed in users to see content shared by online friends. Theoretically this should provide a customised stream of results, somewhere between conventional search and social network feeds. But how useful will this be in real terms?
For the most part of 2011 there were persistent rumours of Facebook going public at some point in 2012. If this happens, it’s set to be one of the most eagerly anticipated listings in recent times, with some predicating an IPO (Initial Public Offering) that would end up valuing Facebook at up to $100 billion. As the world’s largest social network, with 400 million people accessing the site each and every day, Facebook has become an integral part of a tremendous number of people’s lives.
The world of SEO and online marketing is forever changing. You only have to perform a quick search to see that the industry is already preparing itself and predicting what 2012 has in store. Amongst the many changes in the past year was the increased emphasis on social media and the sharing of content.
More importantly though, is that Facebook now makes up 52.1% of sharing on the web [Source: Search Engine Land]. With the social networking giant being responsible for so much sharing, isn’t it time that online marketers took better advantage?
This is a massive breakthrough for the millions of businesses that use Facebook to interact with their customers. B2B and B2C companies will now have the opportunity to directly interact with their target audience. This will improve the rate of engagement and will also help businesses who use Facebook as a customer service platform. Read more
Last week saw the world of social networking heat up. Google’s decision to open their new social network to the wider world came the same week that Facebook unleashed a number of new upgrades (ones that look alarmingly similar to Google+’s, but that’s another story).
Not to be outdone by their rivals, Google are determined to make their social network a success. This week there has been another update about their eagerly anticipated business profiles, something that currently gives Facebook the upper hand in the battle for social networking dominance.