Wednesday, August 19, 2009

Facebook Buys Friendfeed


San Francisco - Facebook is buying a Web Service called FriendFeed that gives users a view of what their friends are doing on all sorts of social media site, including Facebook's rivals.



In an interview, FriendFeed co-founder Bret Taylor said the two services will eventually merge, though FriendFeed will operate seperatrly for now. He said FriendFeed was drawn to Facebook's much larger base of 250 million users.


"Facebook has a really unique opportunity for our team to reach a significant percentage of the world, and that was an opportunity I think everyone on our team was extremely excited about," he said.


<Facebook said all 12 employees of Mountain View, Calif-based FriendFeed will work for Facebook, whose headquarters is nearby in Palo Alto. FriendFeed's for founder - Taylor, Paul Bucheit, Jim Norris and Sanjeev Singh - will take on senior positions on the engineering and product teams at Facebook.


It's Unclear what exactly Facebook pland to do with FriendFeed, which centers around the idea of instantaneously aggregating information from online destinations like short-messaging site Twitter, review site Yelp and photo-sharing Flickr.


Gartner Inc. analyst Ray Vades said FriendFeed acquisition should help Facebook open up site and boost features that show users more information in real time.

"They needed to do something to meet the Twitter challenge," he said, referring to the messaging site that shown the type of buzz Facebook once enjoyed.

Chris Cox, Facebook's vice president of products, said the companies has been talking about a combination for sometime, as they're both working on solving the same problems: how to help people connect with one another over time, how to make these connections work on various devices and how to filter information through friends.


"I think both companies start with the premise that the most valuable information in the world is the one that comes from the people you care about," he said. "Building technologies that leverage those relationships everywhere you go is where we're both starting from."


Cox would not say if Facebook plans to incorporate FriendFeed's real time search capabality onto it's site. He said Facebook has already been testing real-time seacg that FriendFeed has done a great job with own search. Financial terms were not disclosed.




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