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ExtraTorrent.cc > Articles > New Facebook App Failed to Boost Its Shares

New Facebook App Failed to Boost Its Shares

New Facebook App Failed to Boost Its Shares

Added: Monday, January 21st, 2013
Category: Bit Torrent Freedom > The Industries Of Records, Gaming, Software, Movies
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extratorrent.com
The largest social network in the world has spent some time building hype before it made an announcement which turned out to be a let down for users expecting something thrilling and shareholders expecting something profitable. In fact, all they got was Graph Search – an app which Zuckerberg claimed would transform the service by making data among friends searchable.

Mark Zuckerberg claimed that Graph Search would present a Third Position by mapping out and making searchable the connections of people, locations, and their likes. The service released a promo video to demonstrate its use. In the video, a search bar was shown with such queries as “my friends who like dancing”. Basically, an app is able to group together your friends having a common interest, along with related images or other content. Facebook also explains that its members will be able to use the app to make new connections via shared interests, promoting a kind of add friend, learn about them later sensibility.

The company announced that the entire concept was also built around privacy, which means that searchable content could only be accessible if it has already been voluntarily shared with your account.

Without naming anyone, in a statement, the social network sounded enthusiastic to point out that the service wasn’t the same as web search, because it only searched within a network instead of crawling the Internet.

Although Graph Search seems a neat addition to Facebook, it might not be what Zuckerberg hoped it would, at least for personal use. However, the service could be very useful for people using their Facebook profile as their main promotional vehicle. From now on, they will be able to effectively bring targeted advertising within the reach of a regular user, for free. Graph Search could be useful for pages already having a huge audience.

It is unclear how much Facebook opens up the service, so the experts find it difficult to predict how the third parties will use the function for new applications. In the meanwhile, an announcement hasn’t impressed shareholders: despite the value rise before the announcement, when the buzz settled down Facebook’s stocks dipped below $30. Actually, this was the first major announcement from the company since it was forced to go public. Its founder has since been tasked with developing a killer app which could help extensively monetize the network compared to the bubble of its enormous initial valuation.

January 21st,2013

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Date:  Monday, January 21st, 2013

Comments (5) (please add your comment »)

posted by Blocked (2013-01-21 11:54:32)
No avatari would not buy any of those shares ever

posted by (2013-01-21 13:53:38)
No avatarfacebook sucks

posted by Blocked (2013-01-21 19:24:28)
SnEhiT87 avatarsame as i do like taker not buy it lolz....gonna close soon like orkut lolz !!!!!!!!

posted by (2013-01-22 07:52:35)
Skaterz4life avatarFB Was kool when it 1st came out, now it's just tha Same ol Same ol different day, it's old news now !!!!

posted by Blocked (2013-01-24 04:42:14)
kybear76 avatarI Have Had My Facebook Account Going On 5 Years Now And With Over 2 Thousands Friends It's The Same Old Thing EVERY SINGLE DAY It's Old News Not As It Was About 2 Years Ago The Games Always Mess Up When You Try To Play Them On Facebook It's Like What Skaterz4life Said IT'S OLD NEWS You Don't Here Anyone Talking About Facebook Anymore

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