Hey Everyone,

Here’s what stood out to me in the news about Facebook this week:

Facebook as a Corporate HR or CRM
Imagine instead of your company discouraging the use of Facebook, actually implementing it as a system within the corporate network for the purposes of Human Resources Management or Customer Relationship Management. Well such solutions may be on the way as the brainstorming sessions at Facebook are starting to include ideas about rebranding FB as an enterprise software application or something of the sort.

Facebook as a Social Network Platform
Recently, Facebook started to make certain parts of its platform open source, allowing for individuals to use the infrastructure of Facebook for their custom setup. As a result people could connect to Facebook and develop their own niche social networks without having to recreate the whole system. If you think something like this is new, think again. Ning has been around for a while providing exactly this solution, but with the powerful Facebook engine behind it, the Facebook social network platform might provide competitive challenges to Ning.

Rate Ads on Facebook
Recently Facebook has opened up its advertisements to public opinion. You can thumb up or down an ad based on its quality and provide further feedback on the advertisement. By learning about users preferences, it is hoped that ads can be targeted more appropriately and result in higher conversions.

stay in high spirits,

-k.s.

Image Source: Javier Aroche