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.

Over the past year I’ve blogged on more than one occasion about the frustrations many Canadian Marketers have had around the lack of data available on how Canadians use and interact with mobile.

This week Lemay-Yates Associates Inc. (LYA)has released a 100 page report after conducting extensive research into the Canadian broadband mobile market over the last few months covering handsets offered by 17 mobile carriers, flanker brands and MVNOs/resellers, as well as their features.

LYA also surveyed Canadian consumers to assess which mobile data services they currently use and to characterize the overall penetration and current usage of Canadian consumers.

Check out this 7 minute interview that highlights many of the findings (sorry for the secondary browser link – bnn does not offer video embed – shame!):

Their mobile report also addresses questions such as:

• What is the status of brand competition in each region of Canada: from BC, top Alberta, Saskatchewan and Manitoba, to Ontario, Quebec and the Maritime provinces
• What is the status of handsets with GPS capabilities for each service provider?
• Which carrier is the champion in supporting social networking applications?
• What is the current penetration of social networking applications such as facebook and MySpace among Canadian consumers?
• Who currently uses heavy data applications such as watching streaming TV or YouTube?
• How many iPhones could Rogers sell over the relatively short term and which carriers are more at risk of losing customers to the iPhone?
• How much do Canadians think mobile data is worth to them?
• Mobile carriers and service providers, broadcasters, third party applications developer, equipment and handset suppliers will gain new insight and a better understanding of this rapidly emerging market by purchasing this Report.

Want more details? Go to their website here.

We knew this was coming… but results from a new report from Opera, a Norway-based mobile browsing company even surprised me!

According to the report, 40% of global mobile web traffic starts with popular social-networking sites such as MySpace, hi-5 and facebook. 

That number grows to 60% when you look at U.S. numbers – which is not surprising as Americans tend to spend more time on the mobile web relative to SMS than other markets. No Canadian specific data was published in the report.

It will be interesting to see how mobile-first social networking site and utilities will impact this number in the next 12 months.

Other mobile social media sites to watch are:

• itsmy.mobi (and check out the blog & demo I published back in Feb here)
• bebo.com
• faceparty.com
• friendster (making a come back?)

Interesting enough, Nokia’s own mobile social media site (mosh) did not make the top 10 most visited on any of the countries reported in detail within the report. I guess owning ~40% of the global handset market does not guarantee software or mindshare dominance.

You can read the full report here.

A few months ago I blogged about the impact of facebook on traditional print media. 

Many promoters had stopped printing flyers and started leveraging the power of the social graph available through facebook in order to reach and promote their events.

As reported by Yahoo last week, Yahoo is poised for hundreds of layoffs this week as advertising revenue has dropped significantly. 

Social Media sites have become everything Yahoo used to be – but simpler.  And easier. And more open.

Marketers have followed consumers to popular social media sites such as Facebook and MySpace. It would appear that facebook has moved on from eating the print shop’s lunch to eating the lunch of Web 1.0 sites.

Who’s next?

Last week Google threw a big party after launching their own developer social networking platform called OpenSocial which effectively competes with facebook’s own API developer platform.

Being the nice company that they are, they also invited all other platforms (including facebook) to join them. Many of them (i.e. LinkedIn, Bebo, MySpace, Plaxo, Hi5, Flixster, Salesforce.com) have already excepted the invitation.

This is significant news that is bound to make the social networking space much more interesting in the coming months as developers can now create one application (or widget) and have the ability to easily port them across multiple platforms.  

Before declaring the end of facebook, consider the following:  

1) Portability of applications across multiple sites is a super idea - but what about portability of identities? People would be far more likely to check out (or check back in) to LinkedIn, Friendster, Myspace and other sites if they had one login / identify that worked across the network of sites.  Do the 50 million facebook users really care that applications are now cross-site compatible? Ah no…

2) Although it’s neat that multiple social networking sites have signed up, individual site policies may heavily impact a developer’s ability to be creative and make money. Some (like LinkedIn), will require approval of the application first and then charge the developer a toll or % or revenue. Unlike facebook which is totally open and toll free, developers (and marketers) may find that a common API does not necessarily equal common or consistent access to the network of sites.  Free and open will always trump mostly free and mostly open.

3) Building portable applications will not make Google’s Orkut more popular in English speaking countries or make Canadians switch to MySpace.  Applications can add to the social graph, but they can’t build or enhance what isn’t there. People joined facebook because all their friends were joining. They stayed on facebook because the user experience is simple for all to interact with.  Applications enriched the experience, but it’s not the core reason why 64% of Canadians return to their facebook profile at least once a day for an average of 32 minutes at a time. Facebook is about the community – not whether or not the applications are portable to other platforms.

To actually encourage mass migration from facebook to other platforms, OpenSocial needs to enable a true open social platform where a single user profile and its corresponding social graph can be accessed from anywhere. That’s a party I will RSVP to in a second.

There should be nothing more important to you than how your online identify is managed and protected. Mashable has a great overview of the top 25 ways you can manage your online profile including tools to manage your reputation, officically sign documents, aggregate your profiles and other cool stuff.

I’m not sure how well this works yet, but there certainly appears to be momentum building for the universal profile / avatar concept discussed previously in this blog.

What do you think? How are you managing your online identity… have you consolidated to one main account or do you continue to manage multiple but similar profiles?

I’ve also now created a seperate category around identity 2.0 to track trends and noise in this space. Also thanks to my friend David from Ottawa for finding the great cartoon!