Facebook's Prospects May Rest on Trove of Data
Posted in: Miscellaneous at 15/05/2012 21:17
Mark Zuckerberg, Facebook's chief, has managed to amass more information about more people than anyone else in history.
Now what?
As Facebook turns to Wall Street in the biggest public offering ever by an Internet company, it faces a new, unenviable test: how to keep growing and enriching its hungry new shareholders.
The answer lies in what Facebook will be able to do -- and how quickly -- with its crown jewel: its status as an online directory for a good chunk of the human race, with the names, photos, tastes and desires of nearly a billion people.
www.nytimes.com/2012/05/15/technology/facebook-needs-to-turn-data-trove-into-investor-gold.html
