Summit Notebook

Exclusive outtakes from industry leaders

Facebook’s Zuckerberg talks MySpace, Twitter

May 19, 2009

Facebook co-founder and CEO Mark Zuckerberg spoke to the Reuters Global Technology Summit on Tuesday and while he wouldn’t touch TechCrunch’s report about financing and valuation, he did opine about a few of Facebook’s Web peers:

On the difference between Facebook and MySpace:

I think MySpace defines themselves as more of a media company and a media portal. A way to see the different content that is going on, or a way for a News Corp parent company to spread content through the network. Facebook has always been more focused on helping people build out their identity, helping people maintain their relationships and communicate really efficiently. We have talked about ourselves as a technology company a lot as opposed to a media company.

On the difference between Facebook and Twitter:

We respect Twitter and we think they are a great company. I think Twitter’s focus different is markedly different from Facebook’s. They are not really at all about a user’s identity. They are more about real time communication. People are sharing more and more information…and on a more frequent basis. If you extend that out then there is a good amount of information that is being shared in real time. That’s where a service like Twitter comes in, and that’s why that’s also one piece of what we want to do. If your friend does something important…there is no reason why you don’t want that update immediately. Real time is clearly one of the growing trends but i don’t think it’s the whole picture.

Photo: Reuters

Comments

Facebook, twitter integration would be ideal rather that the way facebook is taking on a twitter approach with its real time wall. I would make use of it.

 

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