A Wish List of Premium Facebook Features

Now that Facebook’s IPO is out of the way and its stock price is starting to find its footing, there’s a healthy dose of criticism about whether or not the social network will be able to find a way to monetize its more than 900 million users.

Having just rolled out Sponsored Stories for mobile devices, giving advertisers the ability to better target their consumers according to the device they are using, is an obvious step in Facebook’s profit-minded future.

This will no doubt have Facebook generate more revenue, but will it be enough to dramatically move the needle? We’re not sure either, considering the buzz around some big companies, like GM, pulling completely out of the Facebook advertising market.

But what about new features? Would you be willing to pay a small, or relative, fee for some new features? Here are four on my wish list, two for business and two for pleasure, which I would gladly pay for.
Read more …

The Theory of Social Relativity

Do Social Networks Provide Basic Human Needs?

In the wake of Facebook’s IPO hitting the market last week to less-than-expected results, many a critic have popped up to express why they feel Facebook – and by association social media – is merely a passing fad. While some have points with merit, and others with points ranging from “I just don’t like Facebook” to “I don’t understand it, so it must be useless”, it’s probably no surprise that I stand firmly in the belief that all of them are simply, well, wrong.
Read more …

Confessions of a Madman: Why Facebook Bought Instagram

Like Flickr and YouTube before it, popular photo sharing platform Instagram was recently acquired by a major company. The difference this time, however, is the company that spent the $1 BILLION (insert Dr. Evil motif here) is another social network; the one and only Facebook.

Read more …