Paying a Price for Friends


Are you feeling forlorn on Facebook?
Wish more people would pay attention to your status updates?
Are you waving and no one’s watching?
Well, your troubles are over. Now there’s a handy-dandy way of getting more traction for your posts, photos and paraphernalia.
You just have to pay for it.
Facebook, reports Tech Crunch, is testing a “highlight” option in which you pay a few bucks to have more friends see one of your posts. Turns out a measly 12 percent of your friends see your average update now.
At the moment, only a small portion of Facebook users have this pay-to-play option, but there’s a free version to explore whether folks are drawn to this feature.
With Facebook preparing for its monster IPO on Friday, this obviously has implications for Mark Zuckerberg’s bottom line. But I’m more interested in what it says about us.
Facebook has obviously transformed itself from the bunch-of-friends-hanging-out model when it was just for college students and recent grads. And with Twitter becoming the go-to venue for many journalists, not to mention presidential campaigns, Facebook is obviously looking for ways to be part of a broader conversation. The “subscriber” option now means people like me can reach far more folks than can get it under the silly 5,000-friend limit.
At the same time, news organizations are becoming increasingly dependent on traffic generated by social media, rather than just Google searches. People trust their friends and are naturally interested in what they’re reading and watching.
But as this all gets more commercial, and the definition of “friends” gets broader, will the original aura of Facebook be lost? Could it become an e-commerce site with cute family photos? That would make it a business, which a public company needs to be, but definitely less friendly.
You might also like:
Comments
Latest Posts
Fast Chat: Ex-Producer Speaks Out on Why Mike Wallace Hated ‘The Insider’
May 16th, 2012Lauren Ashburn and Howard Kurtz discuss Lowell Bergman’s exclusive interview on TheWrap, where Bergman, a former producer for “60 Minutes,” and consultant on the film “The Insider,” reveals why Mike Wallace hated the film. According to Bergman, Wallace thought the film “pulled back the curtain” and exposed the reality of network television journalism where correspondents [...]
Pando Daily’s Sarah Lacy: Tongue-Tied Zuckerberg Built a Monster IPO
May 16th, 2012Howard Kurtz talks to Pando Daily Editor-in-Chief Sarah Lacy about her site’s new e-book, Buy This Book Before You Buy Facebook. Turns out she’s had long experience interviewing Mark Zuckerberg. A look at the man who built the company on the verge of a $100-billion public offering.
Dumbest Post – Deadspin Dumps On Decision
May 16th, 2012After he graduated, he planned to join the NFL as an undrafted free agent with the Cleveland Browns – and then changed his mind, deciding instead to become a lawyer.
The folks at Deadspin disagreed with his decision, arguing that the salary Sweat would have made in the NFL trumped any other concerns. That is, until Sweat responded.
Goldman Sachs Accidentally Releases Incriminating Emails
May 16th, 2012Matt Tiabbi has been a thorn in the side of Goldman Sachs for years, dubbing the financial juggernaut a “vampire squid” suckling on the face of humanity. So he’s probably the last person they would have wanted to end up holding accidentally leaked emails.
Oh well. He is.
What 1982 Thought the Jobs of 2012 Would Be
May 16th, 2012A 1982 children’s book outlined its predictions for what readers thirty years hence would be doing with their lives. The Smithsonian’s Paleofuture blog recently revisited the list, and was impressed with some of the predictions. And… less so with others.