socialmedian: Facebook and the Quest for Social Media Domination

User-submitted headlines for this story

Clips

Facebook and the Quest for Social Media Domination

Source: Marketing Mystic

Aug 12, 2009

Summary

The Data Portability blog reports that the recent Power.com lawsuit accuses Facebook of being a monopoly,

“Facebook’s conduct constitutes monopolization (or attempted monopolization, ed.) of the market for social networking website services…”

This shouldn’t come as a surprise to anyone who has been tracking the recent moves by Facebook to control and exploit user data and addition of Twitter and FriendFeed-like features. It wants to be your one and only social destination where you can tweet, blog, share, and heck, even search for content. Regardless of whether you think Facebook + FriendFeed news is all hype or if you’re truly concerned about the future of FriendFeed – one dangerous trend that’s undeniable in this saga, is this move towards consolidation in the social media space.

For those who argue that it’s all about survival of the fittest, this acquisition is anything but that. Acquisitions of strong startups like FriendFeed stack the odds in favor of the weakest species that no one wants to buy and yet, they continue to exist, even if for no other reaso

...Read the full article

Comments (0)

Add Your Comment