Virtuals Worlds: Decentralised
Virtual world technologies are in an initial stage of departure from centralised systems; http://eicker.at/MetaverseResearch
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Gerrit Eicker
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Gerrit Eicker
The Metaverse and Ubiquitous Computing
Ubiquitous availability for the Metaverse rides on the crest of ubiquitous computing dev; http://eicker.at/MetaverseResearch
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Gerrit Eicker
Free Flow of Information?
Will Internet builders continue to push for free flow of information? http://eicker.at/CR
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Gerrit Eicker
Facebook Pages Timeline
AdAge: Facebook to release Facebook Timeline for Facebook Pages this month; http://eicker.at/FacebookPagesTimeline
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Gerrit Eicker
The Public Facebook
Public Facebook: 845M MAUs, 483M DAUs in December – $3,7B revenue and $1B net income in 2011; http://eicker.at/PublicFacebook
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Gerrit Eicker
Facebook, Prospectus Summary: “Our mission is to make the world more open and connected. – People use Facebook to stay connected with their friends and family, to discover what is going on in the world around them, and to share and express what matters to them to the people they care about. – Developers can use the Facebook Platform to build applications (apps) and websites that integrate with Facebook to reach our global network of users and to build products that are more personalized, social, and engaging. – Advertisers can engage with more than 800 million monthly active users (MAUs) on Facebook or subsets of our users based on information they have chosen to share with us such as their age, location, gender, or interests. We offer advertisers a unique combination of reach, relevance, social context, and engagement to enhance the value of their ads. – We believe that we are at the forefront of enabling faster, easier, and richer communication between people and that Facebook has become an integral part of many of our users’ daily lives. We have experienced rapid growth in the number of users and their engagement. … We had 845 million MAUs as of December 31, 2011, an increase of 39% as compared to 608 million MAUs as of December 31, 2010. – We had 483 million daily active users (DAUs) on average in December 2011, an increase of 48% as compared to 327 million DAUs in December 2010. – We had more than 425 million MAUs who used Facebook mobile products in December 2011. – There were more than 100 billion friend connections on Facebook as of December 31, 2011. – Our users generated an average of 2.7 billion Likes and Comments per day during the three months ended December 31, 2011. … Revenue 2011: $3,711B, Net income 2011: $1B”
Facebook, Letter from Mark Zuckerberg: “Facebook was not originally created to be a company. It was built to accomplish a social mission – to make the world more open and connected. – We think it’s important that everyone who invests in Facebook understands what this mission means to us, how we make decisions and why we do the things we do. I will try to outline our approach in this letter. – At Facebook, we’re inspired by technologies that have revolutionized how people spread and consume information. We often talk about inventions like the printing press and the television – by simply making communication more efficient, they led to a complete transformation of many important parts of society. They gave more people a voice. They encouraged progress. They changed the way society was organized. They brought us closer together. – Today, our society has reached another tipping point. We live at a moment when the majority of people in the world have access to the internet or mobile phones – the raw tools necessary to start sharing what they’re thinking, feeling and doing with whomever they want. Facebook aspires to build the services that give people the power to share and help them once again transform many of our core institutions and industries. – There is a huge need and a huge opportunity to get everyone in the world connected, to give everyone a voice and to help transform society for the future. The scale of the technology and infrastructure that must be built is unprecedented, and we believe this is the most important problem we can focus on. – We hope to strengthen how people relate to each other. … We hope to improve how people connect to businesses and the economy. – We think a more open and connected world will help create a stronger economy with more authentic businesses that build better products and services. – As people share more, they have access to more opinions from the people they trust about the products and services they use. This makes it easier to discover the best products and improve the quality and efficiency of their lives.”
Jarvis: “Zuckerberg has his own, social version of Moore’s law – I call it Zuck’s law, though he doesn’t. It decrees: This year, people will share twice as much information as they did last year, and next year, they will share twice as much again. Facebook will expand to more users – from 750 million today to a billion soon? – and users will expand their sharing. Meanwhile, one Facebook investor, Yuri Milner, tells me that advances in artificial intelligence will get better and better at understanding and making use of all the service’s data. It has only just begun. ‘The default in society today still is, OK, I should not share it. The by far default today is that everything’s anonymous,’ Zuckerberg laments. ‘In the future, things should be tied to your identity, and they’ll be more valuable that way.’ There is the master plan.”
RWW: “Facebook shocked no one by filing an initial public offering of its shares today. – The filing was the first glimpse into the company’s inner financial workings and, as expected, Facebook said it would try to raise $5 billion when the company’s shares begins trading – a number that could eventually be raised to $10 billion and would ultimately value the company between $75 billion and $100 billion. – Today marks the day that Mark Zuckerberg goes from being the guy who makes world-changing technology to the guy who makes money. (He could be worth $20 billion when all is said and done). And it also means today is the day you stop being a Facebook user and become a Facebook customer. – That can mean good and bad things for you, the end user. But one thing is certain: Facebook will never be the same again. … A successful Facebook IPO means some restored faith in the social media space. That means more capital and more incentive for the next Zuckerberg to come along and create something earthshaking instead of finishing a degree at Harvard.”
Guardian: “The seismic nature of the Facebook IPO can hardly be oversold. The IPO creates a currency that will allow the company to buy whatever it needs to vertically integrate all the elements of its massive appetites – to be your wallet, your phone, your search engine, your company’s cash register, your entertainment portal, and your publishing platform, as well as your social life. And to do this all in a closed world of protocol enforcement, behavior monitoring and data gathering. – The technology business is an ever-expanding effort at monopoly and control: Microsoft sped past Apple to grab the desktop; Google sped past Microsoft to control the internet itself; Apple reappeared to control mobile devices. Now Facebook seeks to control pretty much … well, you. … That’s, of course, the ultimate Facebook sell: Mark Zuckerberg, a true American savant – Steve Jobs, but better even (and not so nasty) – has created a wholly-owned internet, which can not only monitor behavior but can encourage it, and regulate it, and dominate so much of it that Facebook inevitably becomes the platform for modern life.”
NYT: “With sharing at the center of Facebook, and the new new Web, analysts also wonder if the constant chatter will create too much white noise. As psychological barriers to sharing fall and companies become more deft at leveraging social media, there’s a legitimate concern that platforms, like Facebook, will be less valuable without the proper filters. User growth has slowed in some mature markets. – ‘What are the limits of sharing?’ said Ms. Yi, of the Altimeter Group. ‘At what point does the presence of all these partners on Facebook, all this sharing, begin to degrade the quality of the site overall?‘”
GigaOM: “Brad Silverberg, a veteran of Microsoft and other tech companies and general partner at Ignition Partners, a Seattle-based venture fund, thinks that the IPO could have a corroding influence on the company culture. … Facebook – Mark Zuckerberg’s Hacker Way missive not withstanding – is a lot more mercenary and materialistic. And part of that means employees are likely to cash their chips and run, only to place them on some new startups. And whichever way you look at it, I am pretty sure 2012 is going to be one heck of a ride. Buckle up!”
FC: “Zuckerberg first love has always been the Facebook product itself. There’s nothing he loves more than rolling up his sleeves and getting down and dirty with a set of mockups and a prototype or two. So while the Zuck will toss on the old jacket-and-tie and tap dance through the IPO dog-and-pony, as soon as it’s all over, it’ll be back to Menlo Park and the product, while COO Sheryl Sandberg (and CFO David Ebersman) continue to sweet talk advertisers and analysts alike.”
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Gerrit Eicker
Guardian: “So is Facebook worth it? After a fevered day and evening reading the S-1 document filed with the US securities and exchange commission (SEC) – an event that proved so popular online that the SEC had to devote an extra server to handling demand – the answer seems to be that it’s not worth $100bn (£63bn), but it might be worth $75bn. … Analysts say it can’t continue: ‘The hypergrowth is probably over,’ said Michael Pachter, head of research in the private shares group at Wedbush Securities. ‘The low-hanging fruit of the western developed world’ has already been grabbed, he said. ‘It’s just kind of obvious that they’re not going to ever get every single person that lives on the planet.’ … Some analysts believe that Facebook’s reliance on advertising is a weakness. … And Facebook is now wandering among giants – with one in particular eager to crush it. Google’s annual revenues in 2010 were $38bn, ten times larger than Facebook’s, and almost all of that comes from advertising. Google is setting up its own social network, Google+, and trying to tempt people away from Facebook through come-ons in its search results in the US which have pushed Facebook results down.”
VB: “‘The issue of click-through rate was not mentioned as a risk in the S-1,’ said Peter Adriaens, a professor of entrepreneurship at the University of Michigan’s Zell Lurie Institute for Entrepreneurial Studies. That omission stood out for the Internet IPO expert because research suggests that the percentage of Facebook users who actually click on ads is quite low, and that means advertising dollars could eventually drop. – Facebook does not publish its average click-through rate (CTR), but independent analysis from Webtrends on more than 11,000 Facebook campaigns showed that the average CTR for Facebook ads in 2010 was 0.051 percent, which is about half the industry standard CTR of 0.1 percent. The rate, according to the Webtrends report, dropped from 0.063 percent in 2009, which points to a downward trend. … ‘(Facebook) talked about the risk of privacy laws … but what was not mentioned is that the European Union issued a list of 35 requirements related to privacy that Facebook is going to have to adhere to,’ Adriaens pointed out. ‘(Facebook) can’t automatically collect the data that it might be collecting in North America … so what I see going forward is this challenge … of having to deal with very fragmented privacy laws. Those privacy laws are directly going to affect the value of Facebook’s data to its advertisers.’”
GigaOM: “Of Facebook’s 845 million monthly active users (MAUs), 425 million accessed Facebook in December alone through a smartphone or feature phone app or through its mobile-optimized website. In 2011, 85 percent of Facebook’s $3.7 billion in revenues came from advertising, but none of it came from its mobile platforms, over which it doesn’t serve up display ads. Despite that huge gap, Facebook is doing nothing to discourage the shift in use to handsets and tablets… As the S-1 points out, most Facebook members use mobile to supplement their PC activity, not replace it, so the company does ultimately put its ads in front of their eyes. But that won’t always be the case. … Facebook’s problem has an easy fix: It can simply start putting ads in its mobile apps and website. … My guess is that Facebook just doesn’t want to put apps into its mobile products – at least not yet. There is limited real estate on a handset screen, and Facebook probably doesn’t want to clutter up its slick interfaces with display ads, especially while it is still formulating its mobile strategy. … Either way, Facebook’s filing makes it clear that it has to do something to monetize its mobile traffic soon. The company will soon be public, and while it will likely be controlled by Zuckerberg and those loyal to him, investors will question why Facebook is devoting so much effort and so many resources to building a mobile business it makes absolutely no money from.”
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Gerrit Eicker
Winer: “To me Facebook already feels over. I really don’t feel like I’m missing anything. Look at it this way. There’s lots of stuff going on right now that I’m not part of. That’s the way it goes. Me and Facebook are over. It’s going to stay that way. And if I’m on a ship that’s sinking, well I’ve had a good run, and I can afford to go down with the ship, along with people who share my values. It’s a cause, I’ve discovered, that’s worth giving something up for.”
Boyd: “Facebook is the new AOL, despite the market cap. But it’s headed for a hard landing for other reasons than Winer is pushing. Facebook will fail because of the imminent rise of social operating systems – future versions of iOS, Mac OS X, and Android – which will break the Facebook monolith to bits.”
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Gerrit Eicker
Google Plus Platform
Google opens Google Plus for 3rd party tools, adds photo/video API, becomes a platform; http://eicker.at/GooglePlusPlatform
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Gerrit Eicker
Google: “Businesses can create and manage their pages directly through Google+. We are committed to working on enhancements and innovative features to offer businesses more flexibility and power to run their pages. We also recognize that some businesses use social media management companies to manage their presence across multiple social networks. So today we’re announcing that Google+ is enabling six companies to test Google+ functionality in their management tools – Buddy Media, Context Optional, Hearsay Social, HootSuite, Involver, and Vitrue. … These companies will offer a subset of their clients the ability to manage circles, publish to Google+, and monitor usage. To learn more about their services and pricing, check out this page. – We are currently working with these companies so that we can experiment and get feedback. They were selected based on their extensive experience helping brands and businesses manage and analyze their presence on social networks. If you’re a social media management company interested in working with Google+, get in touch with us.”
Google: “Google+ is working with six social media management companies to test Google+ functionality in their management tools. These companies will offer a subset of their clients tools to manage circles, publish to Google+, and access insights. These companies were selected based on their extensive experience helping brands and businesses manage and assess their presence on social networks. If you’re a social media management company interested in working with Google+, get in touch with us.”
Mashable: “Google has launched a pilot program that will let owners of Google+ Pages manage their accounts via third-party apps such as HootSuite, Involver and Buddy Media. … While the integrations with Google+ vary, the functionality seems extensive at first glance. Hootsuite, which also announced it was a launch partner, specifically mentions that it supports sharing to different Circles, searching public Google+ posts, viewing recent user activity and managing Circle membership. The launch partners are also offering analytics for tracking the performance of an individual Google+ Page.”
RWW: “Today Hootsuite announced its new social partnership with Google+ Pages. HootSuite users can manage their Google+ circles, post public updates to select circles, search public posts and push out messaging to select circles. … Google+ Pages for brands launched on November 7. Since then, there’s been speculation over whether Google+ Pages is a true competitor to Facebook Pages. For now, Google+ has only 40 million users, which hardly compares to Facebook’s 800 million.”
HootSuite: “New Google+ Pages functionality is now in the dashboard and available for HootSuite Enterprise clients. HootSuite is excited to be selected as an official launch partner for the Google+ Pages trial and to add this functionality to the advanced social media management tool-set. … HootSuite continues to exapnd the dashboard’s functionality as a robust and comprehensive tool for social savvy businesses. The dash now includes key social networks – Facebook, Twitter, LinkedIn as well as new Google+ Pages.”
Google: “Today, we’re making it easier to leverage the power of personal and professional images by releasing our first Google+ API for photos and videos. – Google+ gives users full control of their information, and we’re starting with read-only access to public albums, photos, and videos. Google also supports Creative Commons licensing, which we expose so developers can easily respect copyrights. – Using the new API, developers can get a list of public albums from a Google+ user, and list the photos and videos within each album. … Prefer videos? A quick hop over to the API reference manual explains how to use the similar methods videos.listByAlbum and videos.get. We’re looking forward to hearing your feedback during our next Google+ platform office hours, helping you build your first photo-powered Google+ app on our Discussion Board, and continuing the conversation on Google+.”
TC: “Based on official blog posts that were apparently posted early (and then pulled), developers will soon be able to access some key features of Google+ via the service’s API: photos and videos. … According to the pulled blog post, this initial API will only give developers read-access to users’ content – third-party apps will not be able to upload new photos and videos yet. But it’s still an important step – photos and video are crucial to any social network (Facebook is the world’s largest photo site by a huge margin, for example).”
TNW: “We don’t know exactly when the APIs are to be released and officially announced, but we assume that it’s going to be soon, since someone had their hands on the finished blog post already. … How long can the service turn down growth opportunities with having a read and writable API? Twitter saw incredible growth when third parties started building apps on top of its service.”
Gerrit Eicker
Facebook Credits for Websites
Facebook Credits expand further: outreach to every website, going beyond Facebook Apps; http://eicker.at/FacebookCreditsWeb
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Gerrit Eicker
Facebook: “Facebook Credits for websites – We have begun working with a few developers to test the ability to offer Facebook Credits on websites, with the goal of helping them offer a more unified app experience to users beyond apps on Facebook. One early example is Collapse! Blast on Gamehouse.com. – At this time, we are focused on gathering early developer feedback. We will keep you posted as our tests continue. If you are interested in Facebook Credits for websites should we broaden the test, please sign up here.”
GigaOM: “Facebook isn’t a true PayPal competitor, but it’s taking some steps toward becoming an online payments provider outside of its Facebook properties. The social networking giant has begun testing the use of Facebook Credits on two games, Uno Boost and Collapse! Blast, both available on gaming portal GameHouse. … This could be a big springboard for Facebook to become a major payments player if it aggressively takes its Facebook Credits to other properties on the web. … I wouldn’t be surprised if Facebook is eyeing this market. Mobile payments is booming now and expected to become a $670 billion market by 2015. But it starts with small tests like the one with GameHouse. … Hulett said he believes though its early Facebook Credits could be a big driver of revenue for Facebook, similar to how PayPal has become the main engine of growth for eBay. That will still be ways off, but if Facebook plays its cards right and learns important lessons along the way, it might not be a stretch.”
IF: “Facebook’s virtual currency is currently the mandatory payment method for all Facebook games on the web, a payment option for Facebook apps, and became available as a payment option to mobile app developers last week. … If the test does indicate a demand for Credits as a payment option outside of Facebook.com, its unclear whether Facebook would require developers to use its virtual currency exclusively. It could simply make them an additional payment option, the way Credits currently work for Facebook.com apps as well as mobile apps and games. … More users maintaining a balance of Credits also makes Facebook a more lucrative platform for developers. … Facebook Credits for Websites could become a significant revenue source and powerful way to attract developers.”
ATD: “Facebook is now allowing its virtual currency to be used off of its social network, a feature that some game companies are finding valuable as they seek new ways to monetize their own sites. … GameHouse is one of the first to try using Credits off of the network, but there will likely be others following. – Earlier this month, Zynga announced Project Z, its own gaming platform, which will provide a seamless game experience between Facebook and its own Web site. Despite creating a separate game network, as we wrote at the time of the announcement, Facebook’s influence will be everywhere.”
ZDNet: “Facebook takes a 30 percent cut of all revenue earned through Facebook Credits, leaving developers with the remaining 70 percent. It’s not clear how much revenue the company makes from the virtual currency, but it appears to be a growing percentage of its overall revenue. It could be massive if Facebook Credits for websites takes off.“
Gerrit Eicker
Google’s Graveyard III.
Google shuts down: Buzz, Jaiku, iGoogle Features, Code Search – goes music? http://eicker.at/GooglesGraveyard2011
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Gerrit Eicker
Google: “[W]e recently decided to shut down some products, and turn others into features of existing products. – Here’s the latest update on what’s happening: Code Search, which was designed to help people search for open source code all over the web, will be shut down along with the Code Search API on January 15, 2012. – In a few weeks we’ll shut down Google Buzz and the Buzz API, and focus instead on Google+. While people obviously won’t be able to create new posts after that, they will be able to view their existing content on their Google Profile, and download it using Google Takeout. – Jaiku, a product we acquired in 2007 that let users send updates to friends, will shut down on January 15, 2012. We’ll be working to enable users to export their data from Jaiku. – Several years ago, we gave people the ability to interact socially on iGoogle. With our new focus on Google+, we will remove iGoogle’s social features on January 15, 2012. iGoogle itself, and non-social iGoogle applications, will stay as they are. – The University Research Program for Google Search, which provides API access to our search results for a small number of approved academic researchers, will close on January 15, 2012. – In addition, later today the Google Labs site will shut down, and as previously announced, Boutiques.com and the former Like.com websites will be replaced by Google Product Search. – Changing the world takes focus on the future, and honesty about the past. We learned a lot from products like Buzz, and are putting that learning to work every day in our vision for products like Google+. Our users expect great things from us; today’s announcements let us focus even more on giving them something truly awesome.”
Horowitz: “What did we learn from Buzz? Plenty. We learned privacy is not a feature… it is foundational to the product. And this awareness gave us the resolve to design privacy in from the very beginning, which led to Circles for sharing the right information with the right people, as well as transparency around which parts of your profile can be seen by whom. We also learned how compelling it is to have meaningful conversations with interesting people, which we’re happy to see happening all the time in Google+. – But probably the best lesson we learned is about how to introduce a product. We started very slowly with Google+ – in a limited Field Trial – in order to listen and learn and gather plenty of real-world feedback. Your participation in the process is helping create what Google+ is today.”
GigaOM: “Has Google really learned that much from Buzz and Jaiku? … Is that because Google wants to be social, or is it because the company wants to be able to including being able to sell you things? The existence of Google+ seems to have more to do with the company’s need to harvest the “social signals” that emerge from such networks in order to improve its search and advertising business – and fend off Facebook – than Google’s desire to create a welcoming environment for social sharing. An engineer for the company described not that long ago how Google has no real interest in social networking for its own sake, but saw it as an information-harvesting strategy. – Does Google have an ‘if we build it, they will come’ problem? … The amount of resources that Google is putting into Google+ is admirable, and it is good to focus on one thing, even if it means beheading other services like Buzz and Jaiku – and CEO Larry Page has made it clear that he wants the network to succeed. But wanting something and having it come true are very different things, and Google could well learn another lesson from Google+: that even if you build it, and it is well-designed from an engineering perspective, people may still not come.”
RWW: “Even though Google Buzz wasn’t terribly good at anything, from a user standpoint, we at least enjoyed its developer-centric nature. It was all about open data. That may have been all it had going for it, but that meant something. Its replacement, Google Plus, is awfully slick and smooth and secretive. The few APIs released so far barely enable developers to make anything, much less anything interesting. – Google sure is a busy place. Its whole business is undergoing rapid transformations, even if its quarterly earnings are reported so generally that they seem stable. – Google is spending money and changing shape. It’s launching social networks and buying handset manufacturers. It’s hiring new people, buying new infrastructure, and now it’s shedding old products. When will Google start to break a sweat?”
NYT: “Five months after it introduced a cloud music service with limited capabilities, Google is in negotiations with the major record labels to expand that service and also open an MP3 store that would compete with Apple and Amazon. – According to numerous music executives, Google is eager to open the store in the next several weeks. It would most likely be connected to Google’s existing cloud service, Music Beta, which lets people back up their songs on remote servers and stream them to mobile phones and other devices, said these executives, who all spoke on condition of anonymity because the talks were private and continuing. … Music Beta was announced five weeks after Amazon opened a similar unlicensed service, Cloud Drive. – Apple got licenses for iTunes Match, which will instantly link a user’s songs to Apple’s master collection. With an unlicensed service, users must upload each song individually, a process that can take hours or even days.”
RWW: “Google reportedly had a hard time shoring up deals with music labels ahead of the initial launch of Google Music, so they launched it anyway. Traditional content owners have often been wary of Google, who has gained a reputation among some legacy media organizations as being too soft on piracy. The company has extended a few olive branches recently, making public efforts to discourage copyright infringement and buttering up media executives. … Google has an uphill battle to fight if it expects to take on Apple in this space. Amazon might provide a fairer fight. Either way, Google is hoping to bolt additional revenue streams onto its business model, which remains heavily bolstered by the money it makes search advertising.”
Gerrit Eicker
X.commerce
eBay’s X.commerce wants to be the future platform of technology-powered buying and selling; http://eicker.at/Xcommerce
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Gerrit Eicker
X.commerce: “See it first at the Innovate Developer Conference. A seamless commerce experience – any time, anywhere, any way. That’s what consumers want, and that’s what technology is making possible. Now the capabilities developers and merchants need to compete and win in an increasingly complex, fast-changing environment are available in one place.”
X.commerce: “Technology is completely transforming the relationship between consumers and merchants. – Consumers today want and expect more choices in how and where they shop. And multi-channel innovations – online, offline, mobile, and the fast-blurring spaces in between – are delivering. Consumers are also armed with more knowledge before they buy. Reviews and recommendations. Daily deals. Barcode scanning and instant price comparison. So as today’s consumers use technology innovations to seize control, the question is how can merchants of all sizes keep up? … X.commerce is the future of technology-powered buying and selling. – It’s more than e-commerce. More than marketing automation. More than mobile transactions. It’s the first end-to-end, multi-channel commerce technology platform designed for all the ways consumers choose to shop today. And it’s the only platform that combines the power of eBay, PayPal, Magento, and all the ground-breaking commerce capabilities within the eBay Inc. family.”
X.commerce: “For starters, X.commerce is available today, free to registered users with premium services to be added over time. We’ve also added a wide range of technology assets in the eBay portfolio to the X.commerce ecosystem, including Magento, RedLaser, Milo, and Zong. These new technologies combined with existing assets from eBay and PayPal allow us to offer a complete collection of commerce capabilities to merchants and developers. – We were also joined by Facebook’s Katie Mitic for a discussion on how shopping has become increasingly social and people-centric. Katie also showed off the fact that Facebook’s new Open Graph functionality will be integrated into eBay Inc.’s X.commerce open commerce ecosystem. … We also joined PayPal in announcing a new trusted commerce identity system, PayPal Access, which lets consumers shop safely and easily across web with just their PayPal usernames and passwords. This is a big move with major implications for merchants and consumers alike.”
X.commerce: “The technology assets in the eBay Inc. portfolio collectively represent the most robust, scalable, commerce platforms currently available in the retail industry. They offer developers the opportunity to create new applications and capabilities that play perfectly into evolving consumer shopping practices. These assets, which will be available on X.commerce, include: Magento, the feature-rich, open-source e-commerce solution, launched a new version of Magento Connect: The Magento Extension Marketplace. – The newly opened API from Milo allows developers to create apps that localize the benefits of online shopping by searching the inventory of local stores in real-time. With Milo, developers everywhere can harness the power of local commerce for their app or website. – RedLaser, the free barcode scanning application for mobile comparison shopping, is previewing a new iOS application offering a refreshed look and new features. – With thousands of apps already available on the Android Market, Zong’s SDK makes it easier for developers to get paid on the Android platform. – The eBay Mobile iOS SDK will be available soon to developers in the X.commerce ecosystem who have an eBay Developer Program account. The iOS SDK will contain APIs to help developers build mobile apps specifically designed to enhance the eBay selling and buying experiences.”
TC: “‘We’re at an inflection point’, eBay CEO John Donahoe said from the stage at Innovate, eBay’s brand new developer conference that launched today in San Francisco. ‘We’ll see more change in how consumers shop and pay in the next three years than we’ve seen in the last 15 years’. – Donahoe’s prediction for the future came as context for giving a more complete introduction today to X.commerce, the platform formed by eBay and its nest eggs PayPal, Magento and GSI – designed to create a robust, full-service and ‘open’ eCommerce solution. The eCommerce solution ‘to rule them all’, one might say. … One of the more anticipated announcements to come out of Innovate was a partnership between the world’s largest social network and eBay, which will see the latter integrating Facebook’s Open Graph… The virtual shopping experience is a long ways off from one that mimics its offline counterpart, and I’ve yet to be convinced that just because one of my grade school friends interacted with a product on Facebook, which then popped up in my news stream, that I’m more likely to interact with that product and buy it just because of some loose social connection manifesting while I’m in the process of turning off more Facebook sharing features. Yes, it adds to a brand’s network, and if I’m browsing friends’ profiles and see a product I want to learn about before buying, this is a great conversation starter.”
WSJ: “EBay officially unveiled Wednesday its X.commerce online shopping platform as a way to encourage developers to build new online shopping tools, a move that comes as the company is pressing ahead with a transformation from online marketplace to comprehensive Internet retailer. – EBay said X.commerce will draw developers to an open platform, and enable them to build new shopping and payment tools for merchants that will be used by eBay’s marketplaces and PayPal units. The move is reminiscent of efforts by Apple Inc. to entice developers into building apps for its iOS platform, and by Facebook Inc. to encourage the creation of tools for its social network.”
Forbes: “EBay launched its new X.Commerce platform today at its conference in San Francisco, opening up technology for developers to build new commerce tools and services for merchants–as well as a marketplace for merchants and developers to buy and sell them. – The open platform is designed to enable developers to quickly build applications that connect to a variety of online and offline commerce services, including eBay properties such as PayPal, Magento, GSI Commerce and Milo. … On the social front, eBay announced a partnership with Facebook to integrate Facebook’s new Open Graph technology into eBay’s Magento and X.Commerce developers. This will enable developers to post a variety of actions that consumers take back to Facebook–such as ‘Jack bought Adidas shoes,’ and the like. … It will be interesting to see if eBay announces further integration with Facebook to, for example, bring Facebook social information to eBay about buyers and sellers.”
ZDnet: “PayPal Access becomes the Facebook Connect for online payments – Essentially, PayPal Access is a login, identity system that simplifies shopping for customers by keeping track of multiple passwords and accounts. Even more simply, think of it as Facebook Connect for PayPal. – In theory, and likely in practice in time, this will make online shopping more seamless than anything we’ve even seen before. To get started, all users need to do is login to participating websites with their existing PayPal accounts. That should automatically bring up preferred shipping and billing addresses and more.”
Gerrit Eicker
Facebook Platform
Facebook F8 amplifies the Facebook Platform: Like, Timeline, News Feed, API; http://eicker.at/FacebookPlatform
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Gerrit Eicker
Forbes: “[T]here’s no question – Facebook remains the most ambitious, most technologically sophisticated, fastest-moving Internet company. The changes announced [at F8] were as big as anything the company has ever done – to turn Facebook into a real-time engine for seeing what your friends are doing and joining them right now… The changes are all big, but perhaps the most interesting is that Facebook is becoming a real-time communication service. … Longtime tech pundit and thinker Esther Dyson posted on Twitter today that Facebook was launching the ‘semantic Web’ without calling it that. Good, because hardly anyone ever understood what that meant. … In order to launch these real-time features for its platform, Facebook needed a way for users to access them. That’s why it launched the ticker earlier this week. … The best way to think of Facebook is as infrastructure – the social infrastructure of the Internet. Zuckerberg believes Facebook has far more to gain over the long term by reinforcing itself as a universal platform than by any other means. … Granted, it is potentially problematic for one company to own an essential piece of Net infrastructure.”
SG: “Without a doubt, [the] major keynote at f8 2011 showed Facebook to be making some major changes in the very near future. Starting with a whole new layout and set of functions they’re calling ‘Timeline‘ and moving through app enhancements that have the potential to change the way we use apps on all platforms, we’ve got a guide here for you, the Facebook user, to easily understand what you’ve got in store. This is Facebook as it will exist starting at the tail end of 2011. … There is a new class of application on Facebook now called Open Graph. This class is defined by three principles: Frictionless experiences, Realtime serendipity, and Finding patterns. The goal here is to have subject matter (games, music, video, social apps) spread to friends via friends in as enjoyable a manner as possible.”
AF: “According to Zuck[erberg]… ‘A record 500 million people used Facebook the same day. We’re connected now. The next era will be defined by the social apps that use these connections. … But there’s more to us, to our deepest conversations. You want to express the story of your life in terms of the most important and meaningful parts of your life – this is the heart of your Facebook experience.’ … Facebook has created a new class of apps to deal with the next version of open graph. Facebook’s mission is to make world more open and connected. They want you to have a more personal experience. … Now you’ll be able to eat a meal, hike a trail, and so on, and the activity shows up in the news feed. This means Facebook is adding verbs to the connections in the social graph. … GraphRank may be the new EdgeRank. What do I want to see in the news feed versus someone’s timeline? Different types of relationships work differently – work friends versus family, for example. And this is probably going to integrate the new friends lists and family categorizations.”
Guardian: “While Facebook is keen for its users to stay on the site for as long as possible, Zuckerberg has consistently emphasised that the site is a ‘distribution platform’ to other media companies. – The social network has moved to strengthen its ties with media partners in recent months as it moves closer to its hotly anticipated initial public offering. Facebook was recently valued at $66.5bn on secondary markets. Its global revenues are expected to reach $4.3bn in 2011, up from $2bn in 2010, according to the research firm eMarketer. … [Zuckerberg] wants Facebook to be the centre of your web experience. That’s the purpose of the redesign of the ‘timeline’ – the river of experiences recounted by your friends. Rather than being a river, he’s offering the chance to organise it, with the photos and videos. … The key is that he wants Facebook to become the de facto authentication mechanism of the web.”
Green, TC: “I was one of the first people to join Facebook in February of 2004, and launched one of the inaugural applications on the platform in May 2007. The new Facebook profile and Open Graph announced…, along with the launch of smart friend lists last week, is going to usher in a new era of the Facebook platform. And I believe entire industries will potentially be revolutionized by social, from travel to reviews to health to e-commerce, and of course charity. … I am confident we will see major sectors, from music to reviews to commerce, revolutionized by authentic friend-to-friend interactions. We are fortunate at Causes to have a big start in one of the largest markets around, the $300 billion giving market. It is anyone’s guess if the other major categories will go social with their current leading companies, or if entirely new ones will emerge, like Zynga in gaming. Either way, it will be a fun ride.”
RWW: “Facebook significantly scaled up the amount of information it tracks about you – and many millions of other people. The once humble status update field has been expanded to include 6 types of ‘life events.’ You now automatically share data about what you’re reading or listening to. … Here’s a quick summary of what’s changed: A new Subscribe button, allowing you to follow people you aren’t friends with, plus filter the amount of information you get from current friends. Improved friends lists – easier way to group people into lists, including via semi-automated ‘smart lists.’ A News Ticker that streams a constant flow of user updates in a sidebar (on top of your chat bar). A newspaper-like relevancy filter for your Facebook homepage. Instant sharing of what you read, listen to and watch. A new Timeline profile (a colorful history of you and your ‘life events’).”
AdAge: “Facebook will bring its Timeline profile pages to brands this month in the U.S., according to executives briefed on the company’s plans. – At its F8 conference in September, Facebook introduced a dramatic transformation of profile pages for its more than 800 million users with the Timeline format… At the time of the announcement, the company said it would wait to roll out the new feature for brands. Facebook VP-Marketing and Business Partnerships David Fischer said Timeline for brands would be ‘consistent’ with the Timeline look-and-feel, but not a carbon copy. – The new pages for brands will start in beta with a handful of partners and then be released to more marketers in stages… Timeline has significant implications for Facebook fan-page management. One top consideration is that a brand’s Facebook presence no longer must date to when it joined the site but can be represented with content populating its Timeline from throughout its history.”
RWW: “Facebook will soon bring Timeline to brand pages. Currently Timeline is only available for Facebook user profiles. It transforms the Facebook experience from a fly-by bulletin board and events site to a scrapbook-esque, lifestreaming version of a social networked reality both past and present. … On February 29, Facebook will host fMC, its first-ever event specifically for marketers – and Timeline brand pages will no doubt be a part of it. … We reached out to Facebook. Here’s what they said: ‘As we said at f8, we believe that consistency in both functionality and appearance increase use of Facebook,’ a Facebook spokesperson told ReadWriteWeb. ‘We hope to make Pages more consistent with the Timeline in the future, but we have nothing further to share at this time.‘”
IF: “Marketers have been dreaming up ways to use Timeline for businesses since the new profile debuted at f8, but Timeline hasn’t been an option for brands because the social network requires companies use pages instead of profiles. … Timeline could be a significant improvement for pages, which users typically visit once to Like but they rarely return or spend much time on them. … A big question remains: what will happen to tab applications? Many pages – from top global brands to small local businesses – have invested in iFrame apps to welcome users to their pages or provide additional experiences. The company has frequently changed the size of tabs, forcing developers to redesign their apps, and it could do so again. … The last time Facebook redesigned profile pages in December 2010, business pages got a matching update in February.“