Facebook News

Facebook is the best proof one can get on how fair could be the Internet as a business environment for starters. Why am I saying this? Well, take a few students, a good idea, countless hours of work, and then give this some time to grow... in our case, it all got as high as over 500 employees and an estimated revenue of $150 million. Well, nothing's perfect, so Facebook can't be either. Despite its share of problems, Facebook is doing a lot to improve everyone's experience on the site, so now I will move on and tell you about the latest Facebook news. Are you ready?

One of the best things about Facebook is that virtually anyone can create applications for it, but this can also be considered to be a problem, as it always happens with third party developers - while some Facebook applications are great, others are not that great, with a few being nothing else but abysmal.

The good news is that today, Mark Zuckerberg, the mastermind behind Facebook, said he's expecting for programmers outside Facebook to play a key role in making information and entertainment easier for everyone to access and share. In the last 14 months, since Facebook opened itself to third parties, more than 30,000 applications have been designed, with the most successful of them being used by millions of users.

Obviously, those behind these applications are not starving, since Facebook estimates the creators of the most used applications raised no less than $200 million from venture capitalists.

Now, the main problem is to remove abusive applications and keep Facebook clean of any malitious code that may be launched into the wild using it. There is also a plan of rating the applications, so "Every developer involved with Facebook is going to either walk out of here elated or scared to death," as Sean Parker says.

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