Thursday, September 03, 2009

All roads lead to Facebook


a full 65 million members reach Facebook via mobile devices every month. That comes to 26 percent of the 250 million total active members that Facebook puts out as its official number

Add to it a payment system and you get a ubiquitous infrastructure for commercial transactions and digital services. June 2 2009 17:36.
Facebook has begun tapping a new revenue stream with the introduction of an internal payments system, a move that might help the fast-growing social networking website achieve profitability while being less reliant on advertising.

Money, along with messages, pictures, and videos, is just another type of digital content that flows through Facebook pipes. Now, we need to find a way to create high-value digital goods.

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