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The New Myspace: A Flailing Attempt at Resuscitating a Dead Social Network

In the beginnings of 2011, the users that remained on MySpace generally were people who had forgotten to delete their accounts after switching to Facebook or indie bands trying to promote themselves to the few niche users that remained. 2011 was a harsh time for MySpace, to the point where it was generally believed that the website didn’t have much of a future. In fact, in February 2011 alone, MySpace lost a devastating ten million users, after losing fifty million users over the course of the previous year. It seemed that MySpace, as it once was known, was dead in the water.

Then, in June 2011, singer-songwriter turned actor Justin Timberlake purchased MySpace for $35 million, alongside a company called Specific Media Group. Since that time, Timberlake and other representatives of the company have repeatedly stated that MySpace would be going under major renovations to reestablish the dying social network as a superpower website like it was in its heyday. Now, a year and half after the purchase, MySpace has been transformed into Myspace (without the capital ‘S’) and has gone live.

The new Myspace appears to be appropriating a lot of ideas from other social networks into its revival, with a focus on the music aspect that was the primary remaining force on Myspace in its later years, hence Timberlake being the new face of the organization. The new Myspace is intended to operate like the music industry’s own version of LinkedIn, while integrating the celebrity-user personal interactions available to Twitter, as well as featuring streaming music like Spotify. Mix these features in with a layout similar to Pinterest and a few remnants here and there of the old MySpace and you have what one would imagine to be a new, interesting social network.

Unfortunately, the new Myspace is off to a rough start. For starters, and perhaps most importantly, there is no functional mobile application (or even mobile functionality at all) for the social network, which is something that has become pivotal for all social networks in recent years. Considering there are 604 million monthly active users that use the mobile Facebook app (as of September 2012), leaving out a mobile app is a bizarre and enormous first mistake for Myspace.

The ‘revamped’ social network suffers from other problems as well; a very large cover photo (1024×768 pixels) is required to complete the look of one’s profile, sharing links lacks the dynamic functions of Facebook and Google Plus, the layout often lacks intuition, and some are saying there is too much focus on the music of Justin Timberlake and his collaborators. With the enormous blunder of not releasing a mobile app at launch, the clock is certainly ticking for the new Myspace to be officially seen as a resounding failure; considering how much Myspace’s target audience embraces instant gratification, it isn’t likely that the company has much time before their social network is once again forgotten in lieu of other, better websites.

The Facebook Trinity: Newsfeed, Timeline, and Graph Search

Facebook CEO Mark Zuckerberg held a press event today to unveil a new feature known as ‘Graph Search’ that, while currently in its beta stages, will soon be included alongside the Newsfeed and Timeline currently offered on the popular social networking website, which features over a billion users. The Graph Search will fill in the blanks leftover from the Newsfeed and Timeline, the two aspects of Facebook that are currently available. Each of these sections of the ‘Facebook trinity’ will feature a certain aspect of the connections available between Facebook users.

The Newsfeed is a collection of statuses and updates to Facebook user pages of all of one’s Facebook friends, so it essentially can tell Facebook users what’s currently going on in the lives of their Facebook friends. The Timeline is the feature that allows Facebook users to know a bit more personal information about one of their specific Facebook friends. Each Facebook user has a Timeline that displays all of their interactions with other Facebook users, the statuses and photos that they have posted, as well as plenty of other information.

And now comes the Graph Search, which should fill in the blanks between ‘Who are you?’ and ‘What are you doing?’. Though the Graph Search will still adhere to current privacy settings that are set up on Facebook profiles, it can be used as a search function to get broader information and find select individuals. For instance, Facebook users will be able to easily search for which of their friends (or friends of friends) speak Spanish, live in Dallas, went to University of Florida, or all of the above.

The intention of Graph Search is to further connect Facebook users. In Facebook’s earlier years, it was easier to find connections to other Facebook users, based on one’s favorite movies or what groups the Facebook users both belonged to. In recent years, this connectivity has been replaced as Facebook has been updated. As Zuckerberg has stated, the Graph Search feature is a call-back to Facebook’s roots of being used to make new connections.

Though the Graph Search is not a full-fledged Internet search engine, it can be used to easily search for things like “photos I’ve liked” or “friends of friends who are single in San Francisco” with instant results. Additionally, Facebook will be featuring Bing results in Facebook searches; while Facebook and Google do not have the same functions, it is unsurprising that the two act as competitors and that Facebook would affiliate itself with Bing, considering Google’s attempt to directly compete with Facebook with the mostly failed Google Plus service.

The market’s reaction to the announcement of Graph Search has been fairly low-key, as Facebook’s shares fell 2%. However, some market critics are saying that Yelp, Inc., a company focused on online reviews and recommendations, may suffer from Facebook’s Graph Search feature, as users will be able to easily see restaurants and other services that their Facebook friends have ‘liked’. Thus, Yelp’s shares falling more than 6% was a predictable turn of events.

Snapchat and the Rise and Fall of New Social Media Platforms

In the past few years, companies are constantly trying to figure out what the next hot social networking service is going to be. Before its launch, Google Plus was expected to be the ‘Facebook killer’ and people believed that with a company as large and influential as Google, everyone would be moving on from Facebook to Google Plus in the same way that people migrated from MySpace to Facebook in 2006, when Facebook expanded its membership eligibility from college and high school students to anyone over the age of thirteen with an e-mail address.

However, Google Plus did not prove to be the ‘Facebook killer’ it was initially believed to be, as many people flocked to create accounts and soon after abandoned the website, realizing it offered very little that Facebook didn’t already have to offer. These days, the majority of Google Plus users tend to be Google employees themselves, and though there are a significant number of accounts, these accounts’ activity has lulled almost to a complete stop, evidenced by Facebook being the #2 in the Alexa rankings in the United States, compared to Google Plus’ ranking in at #129,199 at the time of this posting.

So what will be the ‘Facebook killer’? And does there even really need to be one? These days, other social media platforms appear to be trying to integrate with the social media conglomerate, rather than competing with it. There are functions for users to share their Twitter and Instagram posts on their Facebook profiles and these major social networks appear to currently be co-existing rather peacefully. That is, except for a recent surprise hit known as Snapchat.

While Snapchat is hardly a Facebook killer, nor does it claim to be, some tech critics are referring to it as ‘the next Instagram’ and it’s notable because of Facebook’s half-handed and failed attempts to try to compete with it. Essentially, Snapchat’s appeal is its ability to send temporary messages, pictures, and videos to individuals and groups that expire in a few seconds and are immediately deleted from the devices and the company’s servers. In the fast-chatting, quick-sharing world we live in, and that teenagers are growing up in, Snapchat has been particularly popular among youths.

Though, like Twitter and Instagram, Snapchat offers Facebook connectivity so that users can send ‘Snaps’ to their Facebook friends with relative ease, Facebook has also attempted to launch a competing, nearly identical mobile application called ‘Facebook Poke’. Facebook Poke has not attracted many users at all, and in fact, some are citing the fact that teenagers are interested in Snapchat specifically because it isn’t Facebook. Could it be this attitude that ultimately becomes the oft-mentioned Facebook killer?

When parents and grandparents and teachers all have Facebook profiles, is Facebook starting to become the social network that’s no longer ‘cool’? Time will only tell what youths of the future will turn to when it comes to their favorite social networks, but Snapchat appears to be one step in a certain direction of instantaneous and fleeting communication.

Facebook Continues to Expand Its Business Model

As the undisputed king of social media, it would seem like Facebook has little room for expansion in the realm of online networking. But the company continues to rollout new innovations to stay ahead of competitors, and recently Facebook has even begun to branch into other industries as well. Nobody knows for sure what the ultimate goal of Mark Zuckerberg and the team at Facebook is—aside from astronomical profits, of course—but industry insiders are now talking of a burgeoning battle between Facebook, Google and Apple for supremacy in the online marketplace and beyond.

At first blush it may not seem like these companies would be in competition with one another, but as the internet, phones, TV and other technologies are combined into a homogenous mix, it’s difficult to tell where one industry ends and another begins. One of the common grounds where all three companies thrive is advertising.

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Facebook Earns Patent for New Targeted Search Algorithm

With thousands of companies vying to be the next internet success story, protecting new software, algorithms and other proprietary information is always a concern. Companies are constantly fighting to prevent competitors from taking advantage of their innovations, and like most other industries, the best way to get legal protection is by filing for a patent.

Searches are one of the most lucrative and widely used aspects of the internet, as is evidenced by the massive success and ubiquitous nature of Google. On numerous occasions we’vediscussed how searches are becoming increasingly personalized, leading to more targeted and effective marketing campaigns. Capitalizing on this trend is obviously a top priority for internet companies, and Facebook has just established itself as the leader in this race thanks to a patent on a new search algorithm.

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How to Be ‘Liked’ on Facebook

There’s a consensus in both the business and online communities that social networks will play an integral role in the future of commerce. As such, it’s important to establish an online presence for your small business now, while the industry is still young and you aren’t too far behind the curve. And as the king of social networks, Facebook should be one of the primary focuses of your online activities.

Although it started as a site purely dedicated to social networking, Facebook is constantly adding new features catered towards businesses, clubs and organizations. If you are just getting started, the fist line of business is to create a fan page. Note that this is different from a personal profile, and it’s an important distinction to make because the two profiles function differently and have different security options. A fan page will also provide you with analytical information that you can use as a gauge for how your strategy is working.

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How to Merge the Popularity of Facebook’s ‘Like’ Button with Your Website

Looking for a simple way to integrate social media into your web business? Thanks to a new technology developed by Facebook engineer Matt Kelly, e-commerce professionals can now fuse the legendary popularity of Facebook’s Like application with the homepage of their website.

Currently, more than 350,000 websites have utilized this social plug-in to encourage the same interaction, feedback and excitement garnered by the mega trend of Facebook Like. On a side note, however, the technology is not affiliated with the official Facebook name and is considered to be a personal side project of Kelly.

“The script makes it possible to have Like, Recommendations, and Activity Feed features on any Firefox page you visit,” Facebook told Mashable.com.

So, how can you obtain the Like script on your website? The necessary technology is a simple Greasemonkey extension that sets the Like bar atop any web page (expect Facebook.com). Facebook Like is compatible with Firefox – as long as the Greasemonkey add-on has been installed – and Google Chrome, while Safari requires a Greasekit.
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10 Quirky Truths You Probably Don’t Know About Facebook

While most social media users are at least somewhat familiar with the innovative origins of Facebook, many remain unknowing about a collection of quirky facts that stem from its beginnings. But before we discuss the peculiar truths of this phenomenal social network, let’s examine a brief history of how Facebook came to be.

For those who have evaded any biographical knowledge about Facebook, here are the key points to remember. Facebook was launched in February 2004 as TheFacebook.com by former-Harvard student Mark Zuckerberg as a project of personal interest. Within the few short months that followed its debut, Facebook emerged as a smash across campus dorms and then – just a few months after that – it was extended to the students of Stanford and Yale where it became widely endorsed.

Shortly after, Zuckerberg – joined by fellow Harvard-students Chris Hughes and Dustin Moskovitz – transformed Facebook into a national marvel of student networking. Then, Zuckerberg and Moskovitz dropped out of Harvard to pursue the Facebook dream full-time, dedicating their lives to the paramount project. In August 2005, TheFacebook.com officially became Facebook and the domain Facebook.com was purchased for a reported $200,000.

And now, thanks to Mashable.com, you’ll find the juicy truth about Facebook as a startup with 10 remarkable and little-known truths.

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Facebook Celebrates 500 Million User Milestone

Earlier today, Facebook CEO Mark Zuckerberg announced via a blog post that the social media site has officially reached the 500 million user plateau. If you follow social media news scene with any regularity, this comes as no surprise. But the significance of this achievement shouldn’t be overlooked, especially since this may still just be the beginning for Facebook.

Facebook launched in early 2004, and it took the company nearly four years to reach 100 million users. From that point, Facebook’s growth has been exponential, with the latest 100 million new users added since February. And due to new mobile technology that allows people to access the site easier and more quickly, some are predicting that one billion users by the end of 2011 isn’t out of the question.

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Six Social Media Mistakes to Avoid and How to Correct Miscalculation

While many self-starting individuals and businesses have excelled using social media to promote their enterprise, others have witnessed little or no success with interactive media and are left puzzled as to why.

What most people don’t realize is that their lack of success with social media might be attributed to their own actions. Below you’ll find six common social media mistakes, courtesy of SocialMediaExaminer.com, along with simple solutions to get back on the road to success.

Mistake: Making the Wrong Connections
Many new business owners are misguided by their elementary entrepreneurial intuition, which tells them that the larger the spectrum of consumers the better the chance of sales. While reaching out to the masses is important, the key to establishing connections with potential customers is to focus on your target consumer – i.e. the demographic that your product/service was intended for.

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