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May 24, 2007

NEWS: Facebook welcomes outside services

Facebook welcomes outside services — May 24, 2007

Facebook announced Thursday that the No. 2 social-networking site is allowing software developers to create applications, or "widgets," for Facebook users. MySpace executives may yawn, but Facebook is also going to allow other companies to open retail services and advertise on the site, Facebook founder and CEO Mark Zuckerberg announced at a media event here Thursday.

"You can serve ads...or if you don't want to advertise, you can just sell something," Zuckerberg told an audience of journalists and outside developers. "You keep all the revenue."

This contrasts sharply with MySpace's philosophy. It's against MySpace rules for anyone other than MySpace to advertise on the site.


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