Image via CrunchBase |
When you’re the world’s largest social network you find it difficult to let defeat slow you down. Facebook may be autocratic in the way it deals with its membership base and it may want to own the web and all its content but it is also the place where everyone goes to hangout online with their friends and it just keeps on growing.
The curious purchase of Instagram for which Facebook paid a billion makes even less sense now with Facebook rolling out its own version of it, in apparent direct competition, unless of course, we consider the timing.
Instagram was purchased just weeks after it was made open to Android users. It provided Facebook with a plan for mobile in its pre-IPO days and it stopped a rival from gaining a surge of new members. Then with the deal yet to be inked it brought out its own app called Camera in effect competing with itself.
Now you might think that dropping $1 billion on the table just to deny a competitor a measly 33 million members might be a steep price to pay, but not if you plan to fight that competitor at his own game and this is something Facebook might just be starting to think about. I am talking, of course, about search. Whatever you might be doing in social media and marketing search is at the heart of the web because it is how we navigate the web.
The problem is that search is a complex business. Creating a search engine that works well is truly expensive, as Microsoft has found out, and requires the ability to not just index information fast but also assess it properly. In case you have not noticed, in the Facebook environment, Facebook search sucks. It works worse than a third wheel on a bicycle and when it provides results from outside Facebook it has to rely on BING anyway.
Now a Facebook/BING deal is not out of the question, Industry rumours have it that it’s something that has been talked about for some time. A hint that these rumours may be based on truth is given by the very recent interest Facebook has expressed in buying Opera.
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