CNN’s live Obama inauguration stream will make facebook the new twitter

Twitter was the social media darling and top story in 2008 with over 700% growth. It even trumped the news that facebook had finally caught up to myspace for overall traffic.
Then came the news that facebook was offering $500 million in cash and stocks to buy Twitter. Twitter declined. Thanks to a flexible API, there are now over 150 tools that leverage, integrate and build on the Twitter platform.
It seems like nothing will stop Twitter’s rise to world social media dominiation. Except maybe facebook.
CNN and facebook have teamed up to offer live facebook status streaming during Obama’s inauguration on January 20th. Point your browser to http://www.cnn.com/live and then update your facebook status which will then stream to the CNN live page as pictured above on the 20th.
What’s interesting is that facebook is turning what was a closed broadcast system (your status update to your friend network) into an open broadcast system – like Twitter.
The end result could fundamentally change the way people use facebook while trumping Twitter’s momentum.
facebook could be the new twitter – and the story of 2009.
They’ve already trumped friendfeed (a personal social media stream aggregator) by copying their unique features into facebook’s homepage, so this doesn’t come as a complete surprise.
facebook also has something that twitter doesn’t have – critial mass of non techno-geeks.
That $500 million offer may look pretty good afterall.


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