What, Facebook Worry?

kinnon —  October 31, 2007 — 3 Comments

Last week Facebook got a little more deeply into bed with the rich, but dorky kid from Redmond. The PR hasn’t been the best for them.

Tomorrow (November 1), Google launches OpenSocial. As O’Reilly Radar’s Brady Forrest says, it’s “a new open API for social networks. The new standard will allow developers to create Facebook-like apps on any social network site that implements it with the same calls.” Scoble asks, “Will Google “Friendster” Facebook?” And adds, “(Facebook) are about to meet their biggest competition yet.”

There are a lot of partners jumping on the OpenSocial bandwagon as TechCrunch notes, “Orkut, Salesforce, LinkedIn, Ning, Hi5, Plaxo, Friendster, Viadeo and Oracle” and developers that “include Flixster, iLike, RockYou and Slide.” Arrington comments, “The timing of OpenSocial couldn’t be better.”

The kid from Redmond just might not think so. And that supposed 15 billion dollar Facebook valuation? It may have dropped by a billion or three.

UPDATE: Arrington comments today (Nov 1),

Google may have just come out of nowhere and checkmated Facebook in the social networking power struggle.

MySpace and Six Apart will announce that they are joining Google’s OpenSocial initiative. Silicon Alley Insider reported the MySpace rumor earlier today. We’ve confirmed that from an independent source, as well as the fact that Six Apart is joining. Per the update below, Google has also confirmed Bebo is joining.

kinnon

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A television editor, writer & director since 1978. A Christian since 1982. More than a little frustrated with the Church in the West since late in the last millennium.

3 responses to What, Facebook Worry?

  1. I’ve always thought valuation is based on user base. Right now Facebook has both the growth, market share, and plain ease of use that I can’t see google competing with. I could be wrong, but if opensocial, which I assume like most Google products will be very user friendly, had come along before Facebook we’d probably all be using it. Simply becaue myspace was never (and still isn’t) user friendly. Facebook though has become more than just a social networking tool. It has become a part of life. Things like Events and Causes make it that much easier to connect with people both in real life and in meaningful ways. For Google to compete it has to revolutionize something that is already revolutionary. Otherwise why would the user base switch?

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  2. Liam,
    I think the issue is that Facebook sees you as a number to be exploited. You are not their customer. You are a user – and they want to sell your usage stats to the highest bidder.

    OpenSocial allows any number of groups to build Facebook like social networks. The ones who eventually succeed will be the ones that allow you to control how your information, usage, etc is accessed and used.

    Privacy will become more and more of an issue for all of us – and we will want more control over our lives in terms of it.

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  3. Bill,

    My problem with Facebook is that when you look at the people they are in bed with and those individuals ties to the CIA, Gov. and other organizations and agencies, it is scary to see how all of what is done on facebook can be tracked and watched by bigbrother. Here is an old article that speaks about it, but there are plenty of new articles that are out there connecting the same points.
    link to commongroundcommonsense.org

    Reply

What do you think?