MySpace repositions as a Facebook Application

No one can predict the future but here’s an interesting thought: how long will it be before MySpaces becomes a Facebook Application?  Take a look at this graph from Alexa.com: So what went so wrong for MySpace?  Firstly, Facebook’s friend network is secure. Anyone could view your MySpace profile.  There’s no wonder Facebook are so concerned about privacy.  It is made up of trusted, real-world connections.  Users have control over the information that you choose to share.  Facebook is trusted, at least in comparison to the demand for the service they offer.  Based on your recent interactions on the...

Is Facebook just a fad?

In Indonesia, Malaysia, Philippines and Singapore, Facebook is the number one website. In the USA and 20 other countries, it’s number 2. Facebook now has over 300 million users. It’s nearly the third largest market in the world. I often find people asking me whether I think Facebook is just another flash in the pan. Friendster patented the social networking concept but have largely faded away. Having purchased Myspace for $580 million in 2006, Newscorp investors have already seen huge returns from a $900 million ad deal with Google. MySpace is now fading off to it’s own niche as...