The geeks know Twitter but most folks don't, and that's one reason why Facebook was able to persuade Hong Kong rich guy Li Ka-shing to pay at least $100 million for a piece of the company.
As long as Facebook can make the case that it's the hippest of the new, new things out there in cyberland, fine. And for the time being, it's probably got little to worry about. The OpenSocial Foundation--my colleague Caroline McCarthy calls it "The Justice League of social media"--is still a concept waiting to materialize. There are a … Read more