Facebook is loosening its "privacy" restrictions to share information with the world, according to Softpedia. And is passing YouTube in Alexa as a worldwide number 3 website.
The new publishing engine of Facebook now has the default option to share the content you post with “Everyone”, and thus allows a user to distribute its content to any application or person, just like Twitters or blogs are visible for everyone, unless the user decides otherwise. The hunger to win from competition, is driving Facebook in the right way. Actually, it is a big surprise that a social network like Facebook is able to pass Google's YouTube in terms of online traffic. Without the help of Google - 20% of YouTube's visits come via a search engine (i.e. Google) versus only 10% of Facebook's visists - YouTube would have already been passed by Facebook a long time ago.
As Facebook is still privately owned, one can just wonder how long it will take before Google or Microsoft are approaching them again with a serious multibillion takeover bid. Last year's transactions valued Facebook already at 15 billion USD. Despite the crisis, it is unlikely that the price will have gone down. At the other hand, Facebook's revenues in 2008 were only about 300 million USD and it is likely that it is actually highly overvalued, despite its significant growth frigures. It still would have to grow with a factor 50 (!!!) to live up to last year's market expectations.
Saturday, July 4, 2009
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment