Facebook Acquired FriendFeed
If you do follow the latest internet industry news, I am sure you will have heard that Facebook has acquired Friendfeed. This came about after the facebook failed to strike a deal with twitter months ago.
Facebook paid $50 millions to buy friendfeed. This was about one-tenth of what it was willing to pay for twitter. There are some people believing that this is a smarter choice for facebook as friendfeed has the talents who are ex-google engineer. This will definitely be useful to help facebook pumping its search technology.
Facebook now has about 250 millions users, adding on the capability that friendfeed offers now. This will definitely stir up some revolution again in the social networking space.
What will be the impact? Well… we shall keep an close eye on it as it may offer some good business ideas as well.
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