May 29th, 2007
Social Network Evolution
The growing trend of social networks in the online space has encouraged Facebook to re-vamp their network center. The social network is expanding its reach on the Internet, becoming more of an operating system where various applications including photos and classifieds will be available to its 24 million members.
While Facebook’s competitors are focusing their energy on taking advantage of being the hub of people’s social lives, Facebook is driving its power into useful technological applications. According to Fortune, this new Facebook will channel all the useful tools of photo-sharing, networking and marketplace websites into one central location, providing a comprehensive dashboard for its users. MediaPost even reported that two prominent newspapers are teaming up with Facebook to leverage people’s political views for the upcoming election.
I think this is a step in the right direction for social networks to move away from their negative connotation and to become a useful hub for marketers and consumers alike.
