Archives for posts with tag: social network

I have previously blogged about the increasing use of social media impacting the number of users accessing webmail accounts and now it appears the same is happening with instant messaging services. The number of minutes spent on instant messaging services has dropped by 1 billion minutes in the past year! A billion! bringing the total time spent to 2.9 billion, that over a 25% drop in usage.

The drop is being blamed on the emergence of social networks as communication tools. With Facebook now offering instant messaging and also the multitude of ways you can use to keep in touch through social network, messaging services are apparently becoming unnecessary. As with anything else it is unlikely to be “the end” for these services but it has certainly had an impact. I use messenger for work purposes and Facebook is obviously never going to take the place of that, and you could argue that Facebook is only a rival to messaging to the people who are constantly online, and wont apply to people who only check their account once a week. Either way, 1 billion minutes is a lot to lose.

Is microsoft about to revive the rumours and constant wondering about Facebook buyouts?  After every billionaire tycoon and his dog were linked with buying the social media phenomenon it has all been quiet for a while.  Now apparently it has come out that Microsoft has put the feelers out about a purchase of the social network.  Full article from search engine watch below:

About Face(book): Microsoft Feels Out Social Network Acquisition

Though Bill Gates was out there telling people Microsoft is not interested in making non-Yahoo acquisitions right now (at least in the search/social world), word comes that Microsoft bankers have sent “feelers” to Facebook about a full acquisition.

Here’s why this is a solid move:

1. Microsoft already owns 1.6% stake in Facebook, worth $240 million
2. Microsoft formed a data portability partnership with Facebook and 4 other networks
3. At least two Google execs have jumped ship to Facebook in recent months

While Facebook has yet to “overtake” MySpace in the social media market, it is a viable competitor. And I’m sure Ballmer would love for Microsoft to own a social network that even Apple has used as a marketing ploy as of late. Recent commercials for the iPhone entice potential customers through the ability to access Facebook on the popular mobile device.

Additionally, internet users are turning to their social networks during their search process. Consumers want answers and reviews and social networks help them get opinions from trusted sources.

The Facebook move would likely be seen by many as a better fit than Yahoo. But expect just as many to see it as a negotiating ploy in their bid for Yahoo. Though Microsoft has officially withdrawn its bid for Yahoo, many analysts expect Ballmer and the team to return to the table for another stab at a grab for the search engine.