The Social Networking Weblog

BusinessWeek had an interesting article last week on the "the coming Facebook-Twitter collision."

Sarah Lacy at BusinessWeek thinks that the Facebook-MySpace competition hype is just that – hype. She says that Facebook and MySpace (and LinkedIn, for that matter) and so different in nature that traffic comparisons are not relevant. Whatever their market shares, they compete in different markets. But Twitter? Well…

But there's a reason Facebook was hungry enough for Twitter that it offered $500 million in stock and cash to a company with a small staff and no revenue-in the middle of a recession. And there's a reason Twitter didn't take it.

Read the article here.

Photo courtesy of iStockphoto, Image# 702264

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~admin

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