This week was the week of social media rumors. When the King of Pop died, Twitter's usefulness shined as links to the latest news stories were shared. So much conversation was going on that it consumed 30% of the tweets that hour. However, with the good information came the bad. All the sudden the twitter feed was filled with fake stories about the demise of other celebrities.
Other misinformation was propagated this week as journalists (despite being transparent) failed to understand the exact motivations and implications of Facebook adding public content sharing. In the end, it looks like a lot less is changing than some had feared and others had hoped. Users can choice to make certain updates available to the wide wide public, but that will not be the default choice.
More rumors... What is Twitter's plan for monetization? Is it shopping recommendations (@EV says no no no) or added services for corporate accounts? And what is the deal with this upcoming Facebook Movie? Michael Cera as Mark Zuckerberg? Let's hope that one stays a rumor.
Marta Strickland
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