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Tuesday, November 06, 2007

Blogs on Social Media, New Technology Applications, Social Networking and New Website Trends

Blogs on Social Media, New Technology Applications, Social Networking and New Website Trends: "Why did Myspace join Google's OpenSocial? With so much competition and so many new platforms opening everyday, limited resources is the major problem faced by most of the app developers these days.

Helge: There is also the limited time to be allocated by consumers / users of social media. We need to get some standardization. We can't be hopping from one platform to another.

There are ample amount of opportunities but not enough people to pursue them all. But i think MySpace is in itself big enough to require any platform, so why did they join? It all comes down to competition for app developer's time and resources. In the last few months since Facebook opened its own platform, a lot of competitors including MySpace have seen its lead fading.

Helge: We are probably seeing some consolidation in 3 to 5 years time.

Facebook started winning more users day after day, and share more user time, because app developers were adding new features to the Facebook experience much faster than Myspace could do on its own. If Myspace had stayed out of Open Social, there would have been three platforms competing for developer time. By joining, there are now only two and one (Open Social) provides potential access to far more users than the other. More developer time would be spent on Open Social, and MySpace would benefit more from the improved rate of innovation."

Helge: Also competing for user time. Google's gPhone is also an open source platform.


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