Facebook: Tool or Toy? (at Motley Fool)

yahoo.com     Jul 23, 2008            

By Tim Beyers July 23, 2008 Comments (0) Developer conferences, typically, are serious business. Apple (Nasdaq: AAPL) unveiled the 3G iPhone at its coders confab last month. But that's Apple. Facebook is a richly-valued social networking website. We shouldn't expect anything similarly groundbreaking to surface at its f8 conference, held today in San Francisco, right? As BusinessWeek's Steve Hamm recently wrote, "[Social networking websites] may provide entertainment for people with time on their hands, but have shown little ability to improve productivity, create substantial numbers of jobs, or earn a profit." All true, Steve. Plenty of Facebookers are hooked on Scrabulous, or sharing music via iLike, or are chatting up the latest flicks via dozens of movie groups. For me, Facebook whets my appetite for Dilbert cartoons and... [read full story]                    


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