Facebook to Compete with Digg

Some of the more popular sites to go to when voting on technology news are digg and Techmeme. Digg actually allows you to vote on more than just tech news and both are great places to go when you are looking for news put together by a large community of users.
 
Having said that, these sites may be vulnerable to competition as there are rumors that the social networking sites want a piece of the user-driven news aggregation market as well.
 
To set the record straight, there are lots of companies out there looking to compete with a site like digg but few have made much of a dent so far.
 
Perhaps the biggest threat would be Facebook, as the social networking behemoth has just so many active users. In case you are wondering just how popular Facebook is, you should know the company’s site has about 24 million unique US visitors each month and is ranked in the top 22 out of all websites – according to Quantcast. This compares with 12 million unique US visitors for digg.
 
An in fact according to Valleywag who has the scoop, Facebook is looking to get into this market.
 
If you think about it, a tougher competitor to digg and techmeme could be Google News if they choose to allow users to vote on content.
 
So will Facebook decimate these other user-generated news sites? Probably not as it will not be a pure-play news aggregator. It is possible that Facebook’s entry into the space will make user-generated news sites even more popular and the result could be digg and others will receive even more traffic.
 
Time will tell of course and one wonders if this news will alter the digg valuation as the company is rumored to be going through a sale process at the moment.
 
Getting back to social networks… These services seem to be on a tear lately adding new services. For example the recent announcement regarding MySpace/Skype integration drives this point home even more.
 
The Skype news is a single example of application integration. There are a slew of developers building applications on top of the Facebook platform. My personal experience shows just how true this is as almost daily I get an invite from my friends on Facebook to download one application or another.
 
On one level I find the rise of social networks very funny. Why? Well when the web first became popular, AOL was the internet for so many users. Generally speaking our parents were the last to stop using AOL as a central internet portal.
 
Remember convincing your mother and/or father that AOL was a crutch and you didn’t need it to surf the web or have an e-mail account?
 
The funny thing is that social networking sites are like the AOL for our children. They are an encapsulating experience which one might call AOL on steroids. It just goes to show you how cyclical ideas are in the computer space. We refer to a site like Facebook as a Web 2.0 site but it really isn’t anything more than an AOL experience with some fancy new features.
The opinions and views expressed in comments, blogs, etc. are those of the authors alone and not necessarily those of TMC, TMCnet, or its editors. TMCnet reserves the right to edit, delete, or otherwise make changes to the content that appears on these pages at its own discretion and as it deems necessary.
| 1 Comment | 0 TrackBacks

Listed below are links to sites that reference Facebook to Compete with Digg:

Facebook to Compete with Digg TrackBack URL : http://blog.tmcnet.com/mt/mt-tb.cgi/34058

1 Comment

I think you are right. Google should allow some social networking functions like Digg where user can vote on news items. But it should not change the ranking of the news item just an indication on how viral a news item can be.

I think facebook is a little annoying with all the little apps people make. I keep getting all these little messages like, "You've been bitten by a wolf" bla bla bla... Dont care!

Leave a comment

Recent Activity

Today

Friday

More...

Recent Comments

  • Backbooner: The answer to that is the same as how "someone" read more
  • Bart: "It's remarkable xG has managed to shut Marc up. I read more
  • Backbooner: It's remarkable xG has managed to shut Marc up. I read more
  • prefabrik: How can be a cycle set up and controlled? Is read more
  • Sheeri: IPTV, is where DSL was back in early 90s. We read more
  • zayıflama: Your could ask someone from Gimp for Mac community read more
  • Peter Koz: Rich, I am interested in your comments regarding Proxim's new read more
  • Catherine: As a Brit, I have noticed a growth of royal read more
  • branda: Hi. I agree in principal with your ideas at the read more
  • Single: Your site doesn’t correctly work in Safari 4 in Mac read more

Subscribe to Blog

Blogroll

Recent Entry Images

Monthly Archives

Around TMCnet Blogs

Latest Whitepapers

TMCnet Videos