AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Facebook aims to market its user data bank to businesses.

Europe Intelligence Wire

| February 01, 2009 | COPYRIGHT 2009 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Guardian Unlimited)

Facebook intends to capitalise on the wealth of information it has about its users by offering its 150 million-strong customer base to corporations as a market research tool. The appearance, later this year, of corporate polls targeted at certain parts of the Facebook audience because of the information they have posted on their pages, is likely to infuriate privacy campaigners.

Last week Mark Zuckerberg, the company's 24-year-old founder and chief executive, showed the audience at the World Economic Forum in Davos how the social networking site could be used to poll specific groups of users.

He asked users in Palestine and then Israel about peace issues before relaying the results back to the audience within minutes. He also polled more than 100,000 American users of the website, asking them whether they thought President Obama's fiscal stimulus package would be enough to resurrect the economy. Two out of five said it was not enough.

Giving consumer brands the chance to use such a wide audience to get a quick response to targeted questions would do away with, or at least reduce their reliance on, expensive and time-consuming focus groups.

Speaking to well known tech blogger Robert Scoble at the event, Zuckerberg said 2009 will be Facebook's "intense" year as it tries to justify some of the mammoth valuations that have been placed upon it by making some serious revenues through advertising. He was even seen sporting a tie, a sartorial extra which the Harvard drop-out has so far eschewed.

He added the company has been experimenting with analysis of user sentiment, tracking the mood of its audience through what they are doing online. Such information is potentially very interesting to large brands, which are always seeking to ...

Related articles from newspapers, magazines, journals, and more
Media Morph: Facebook Lexicon.(Digital)(Website overview)(Brief article)
Magazine article from: Advertising Age klaassen, abbey April 21, 2008 700+ words
Byline: abbey klaassen What it is: Think of it as a Google Trends or Technorati for Facebook. It's already clear that most people share a lot about themselves and their interests on social...
Media: Inside Information - Google Trends is catching on with PR pros at all...
Magazine article from: PR Week (US) March 5, 2007 700+ words
...controversial issue in the public eye. Google Trends, a tool from Google Labs, can make...pros say they are increasingly using Google Trends in their everyday work. 'I use Google Trends and love it,' says Kipp Bodnar, an...
More Google Trends: And the answer is . . .(web navigation)
Magazine article from: Network World McNamara, Paul May 29, 2006 700+ words
...outrank most any other search terms on Google Trends is that a boatload of people use the...difference. So the prevalence of Yahoo in Google Trends is simply a matter of slight computer...outpaced anything else we typed into Google Trends. Well, as Howard Cosell might have...
Google's Marissa Mayer to Announce Fastest-Rising Search Terms for 2007 and...
Press release article from: Business Wire December 3, 2007 700+ words
...planning, she will demonstrate how Google Trends[TM] can be used as a reporting tool...elements. WHAT: Webcast on how to use Google Trends, followed by live Q&A WHEN...terms conducted on Google.com. ABOUT GOOGLE TRENDS: Google Trends is a customized tool...
Google Trends Web site validates 'fish taco,' busts 'Hokie nation': The...
Newspaper article from: Roanoke Times (Roanoke, VA) August 5, 2006 700+ words
...the news that, according to the new Google Trends Web site, more Blacksburg Web surfers...in any other place in the world. Google Trends is an experimental site that tracks...very popular, topped the list." Google Trends showed that searches on the phrase...
Google adds Hot Trends feature to Google Trends.(Brief article)
Newspaper article from: Telecomworldwire May 23, 2007 700+ words
...Google adds Hot Trends feature to Google Trends(C)1994-2007 M2 COMMUNICATIONS...Trends featured has been added to the Google Trends report from Internet search engine...also able to select specific dates via Google Trends, which can be found at http...
Too much information.(google trends)(Column)
Magazine article from: Wearables Business RUNDLES, JEFF August 1, 2006 700+ words
...of the Google search engine called Google Trends, at google.com/trends. Among...able to enter a word or phrase, and Google Trends will display the top 10 cities in the...Sweat Age. Just for grins, I did a Google Trends search for "Genius." The top 10...
Google launches Chinese language version of Google Trends.
Newspaper article from: China Business News July 31, 2006 700+ words
...launches Chinese language version of Google Trends Shanghai. July 31. INTERFAX-CHINA...of a Chinese language edition of its Google Trends service, which enables users in mainland...With the Chinese language edition Google Trends, users can compare search trend info...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA