It’s safe to say that we’ve been thinking about Facebook payments for a while.
Now, Techcrunch reports that the first payments are online.
Our first impression? A “credits” system may be great for some reasons. But will users always want to deal with exchange rates when making a purchase? That may limit the utility for users- and [...]

Of course, there’s been a lot of chatter about Facebook’s new application directory. Our thoughts? We’re not sure how it will shake out yet. Without more prominent placement, the new app directory may not even matter.
But there is big news in social media that we do feel confident reporting.
Apparently, Mark Zuckerberg still likes Green Day.

Some of the most exciting recent news for applications arrived this week.
Applications will soon be part of the stream.
What does it mean?
While the details have yet to be worked out, we can make some general conclusions.
First, it means that old applications can become vibrant- and viral- again through stream based messaging. That’s something for anyone [...]

Venturebeat’s recent article on Facebook platform revenues is a good overview of the major players in the space- or at least the developers who are designing apps for apps’ sake.
That said, we have to wonder if the numbers are a bit inflated.
Facebook’s application platform simply isn’t as viral as it used to be. We’ve received [...]

This week, Facebook’s released details about their photo storage and distribution architecture, Haystack. Om Malik has a typically readable summary.
The most impressive thing about HayStack is that it’s done by three people.
For us, it’s an interesting lesson in the talent at Facebook. The media tends to focus on high profile business development defections and changes. [...]