This is a truly interesting development, as I thought that Friendfeed was one of the ''next big things'' that would come along after Twitter and Facebook started to die away.

To be honest, I think that this was a very smart buy for Facebook. Besides Twitter, I thought that Friendfeed was the only potential (future) competition for Facebook.

That being said, I think that Twitter will be just fine. It's still accomplishing its goal of giving users a place for their (short) thoughts, and Facebook is really meant to be something different than that. Had Friendfeed gotten popular before Twitter, I'd be more afraid for it's future. As it stands, Twitter beat Friendfeed early on and secured its place for at least the next year or so.

I'm sure that Facebook still wishes it could have gotten Twitter long ago.
Source(s):
http://news.cnet.com/8301-13577_3-10306560-36.html

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Don't know much about friendfeed other than its suppose to be good. Its talked about all the time on TWIT. I've heard that it supports XMPP IM clients.

I think Facebook could use something that is more real time and versatile. They have a huge base of users so its a win for FriendFeed either way.
Source(s):
http://wiki.twit.tv/wiki/FriendFeed

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I'm a little shocked on this one. As a dreamer, I honestly wanted to buy FriendFreed someday (it's one of those companies an entrepreneur has on his wish list to buy). I guess they killed that idea of mine. I still believe FriendFeed is an awesome service, no matter who owns it. They made a smart move buying this company, no doubt in my mind. FriendFeed didn't even shop it around, at least you don't hear about Google buying it. I still enjoy using FriendFeed, but kind of feel like it shouldn't have sold so quickly. I think they should have waited, or had more people offer it. I think Twitter has something else going for it with all the applications, and that's something FriendFeed didn't have. So, that's why FriendFeed felt obligated to sell. My overall opinion, FriendFeed is a great site and service, no matter who owns it.
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Facebook bought FriendFeed for the talent, the team of people that work there, Fabebook already has the technology to do everything FriendFeed does and since January they've been implementing it (anyone remember the real time homepage?) but they needed the people to make it work just right.

My prediction is FriendFeed will be toast by next January, compared to Facebook's 20 million users FriendFeed's 800 thousand isn't worth Facebook keeping the service running. Does this sound like what happened when Six Apart bought Pownce anyone?

That's too bad, I liked FriendFeed.
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This is an acq-hire as cointed by PaidContent. The Facebook team bought themselves a group of experienced coders that know how to build real-time search. This solidifies Facebook's intent to compete with Twitter search and Google! Twitter traffic will not suffer in the short-term but a real search engine will increase Facebook's relevance and hurt Twitter in the long-term.
Source(s):
PaidContent.org
Facebook.com
FriendFeed.com

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I'm not surprised, either Facebook, Microsoft, Google or some other big player was bound to by Friend Feed. I am overly impressed with friend feed, but it is nice having a service where you can update all your Social media accounts at once. It is only natural for a company to come out with this idea. I don't think it will hurt twitter or any other social networking site. Twitter in my opinion is much better served to be a "Breaking News" app. I believe that people will not be buying "News" for what happened they will be buying it for analysis and opinions. It is the natural evolution of Media, it is up to users to figure out what is "Real News" and what isn't and that will be based on reputation and accuracy of the resources much like news today it will just be faster.
Source(s):
opinion

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