paidContent.org - The Economics of Content

Current Story

After MySpace And Facebook, Google Completes Open Trifecta

By Joseph Weisenthal - Mon 12 May 2008 11:46 AM PST

If you must have your news accompanied by a gripping narrative, then you could say that on back-to-back-to-back business days, MySpace, Facebook and Google (NSDQ: GOOG) all announced new social networking initiatives designed to “out-open” each other. Okay, maybe not that gripping—so compare them all to Rollerball skaters elbowing each other out of the way, or maybe a cold war arms race without the whole closed secretiveness thing. (Ed. note: I’m thinking launching monkeys into outer space works.) Or you could forgo the temptation to try forcing the story into an existing mold. Let’s start with a few basics:

-- On Thursday, MySpace announced its Data Availability initiative, which basically lets MySpace users port some core identifying information onto other services, such as launch partners Twitter and eBay (NSDQ: EBAY).

-- On Friday, Facebook announced its own Facebook Connect, an extension of its established API. Basically, instead of developers having to port their apps inside Facebook’s walls, the service lets third parties bring elements of the Facebook social net onto their sites. Digg is the first launch party (note: with names like Data Availability and Facebook Connect, you know these announcements were designed to get the developer crowd in a lather, not to excite the user base).

-- Finally, Google is launching Friend Connect. Rather than being user-centric, it allows website owners to add social elements to their site. Among the many launch partners: Facebook, Plaxo and Orkut.

Openness aside, this is about each company wanting to be the platform upon which everything else social rests. And since people engage socially on sites that aren’t called Facebook or MySpace, this involves extending the platforms in some way. There may be an element of oneupmanship here, but each of these moves are all logical extensions of existing strategies: MySpace being about identity expression, Facebook as more of a utility for connecting friends, and Google with its OpenSocial initiative, though no actual underlying social net. The timing is notable, but as Google director of Engineering told Dan Farber when asked if the company’s latest move was a response to the others: “People will speculate a lot in that direction. We didn’t create this code in the three days.”

Posted in: Companies, Facebook, Google, News Corp., Fox Interactive, Social Media

Tags: myspace,

Check our our new Social Media Deals Report, which examines the categories, number and size of VC and M&A deals into social media

Related Research from Alacrastore.com

0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

EconCeleb Conference - The Economics of Celebrity. July 23 at the Roosevelt Hotel in Hollywood

Featured Report - 2008 Social Media Deals Report

front page of report

The economics of social media continue to heat up, with ever more buzz created in new and growing market categories. This report examines the categories, number and size of investment and acquisitions into social media and the resulting value created from 2007 through 2008. Order your report today to analyze deals made by Yahoo, Disney, Google, AOL, CBS, Hearst, Microsoft and many more.

Learn more or purchase now.

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters