Facebook seems to have mastered the art of creating an emotional asset through friends, their photos, status messages, emotional wall posts and relationship status. With an estimated valuation of about $20 billion, the company has had buyout offers from virtually every big internet and media major — Microsoft, Google, NBC, AOL, Yahoo, Newscorp, et al. But Facebook does not appear interested . The third largest populated ‘territory,’ with 400 million users, wants to get even more populated.
Orkut and Facebook are the most popular social networking sites in India so far. As we all know that Facebook has been ruling for a few months in India, but stats say something different. According to ComScore.com, Orkut is still the number one social networking website in India.
Google is not going to let Facebook win over its bastion so easily. Google is planning to launch mobile specific applications since the Indian users are gradually getting addicted to web browsing through their handsets. It may also make some tweaks to the existing interface of Orkut and make it more user-friendly. The majority of Orkut users are those who use desktops for web access. Hence Google will introduce web applications accessible from phones shortly.
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