The big wide world of the web continues to get smaller as social media sites start to combine some of their power. In the past we have seen shared profiles, now we are seeing Friendster providing support for OpenSocial and Facebook applications.
You can now port applications from Facebook for example, into you Friendster profile. Furthermore, Friendster has open policy on monetizing their profiles and the applications. Friendster is the largest social networking site in Asia with 60 (out of 80) million users.
While on the topic of Facebook, they have announced that Dublin will become their international headquarters. From Dublin, they will run all of their international operations and provide support to users in Europe, Africa, and the Middle East.
Furthermore, Facebook employees will soon be able to sell their shares in the organization. From November 1, Facebook employees can sell up to 20% or $900,00
The company has a right of first refusal over employees’ shares, meaning that it has the right to match any price offered by a buyer; most companies have tighter restrictions.
