Internet, Social Networking | featured news

Senh: That's the big question, they're growing fast, but can they become profitable. With click-thru rates on social networking sites being so low compared to content sites, can they find another revenue stream? Will targeted advertising work? They've been talking about it forever. We were never really able to make targeted advertising work for Rotten Tomatoes, mainly because the size of that audience becomes so much smaller when you target them. But Facebook is one of the largest sites in the world, so that might not matter. The only problem is MySpace has been trying to figure that out since they were the biggest social networking site in the world, and look where they went.

Senh: I guess the issues over Facebook's privacy settings affected people's sentiments about the site. Although what does this really mean though. They're one of the most hated companies, but they're also one of the most visited. Has the site became so indispensable that people are using it even though they hate the company? Or are they most hated just because they're one of the biggest sites on the planet, and therefore has a lot more complainers?

Senh: Impressive. I wonder if it's the social plugins that sparked the privacy concerns the reason for Facebook's growth for the last couple months. Myspace isn't growing anymore, but it seemed to have stabilized, which isn't too bad if the company budget accordingly. Twitter seems like its gotten as big as it could get. Maybe now they can finally focus on monetization.

Senh: No RSS feeds? Really? That's going backwards, not forward. As for punishing power users, whenever you have a system where users vote on the content, there's bound to be abuse. I'm not sure if there's much you could do about it other than to ban the user whenever he/she is caught.

Senh: Interesting how Facebook has recently bought and shutdown a couple sites. The did the same with Divvyshot. Since these sites don't have much traffic, it's probably better for them to just acquire the team.

Senh: I agree with most users - who wants to paid for a bunch of fake gifts to real friends anyway. Although I'm disappointed that it didn't work out. Would have been a nice alternative revenue stream.