Friday, April 11, 2008

Will social networking make money for its providers?

An article in the March 29-30 2008 Australian Financial Review, weekend edition, page 34, reprinted from The Economist, thinks not. Currently most social networking sites, such as Facebook and MySpace, are closed to all but it's own users. To see what someone has said, you need to be signed up to the service too.
So, maybe email, with its address books, calendars, contacts and inboxes that can link to and talk to almost anyone, may yet be the best social networking facility so far.

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