Facebook is adding subscription capability for Facebook applications and ending its use of "Facebook Credits," its virtual currency. Instead, Facebook will switch to payments denominated in local currencies.
Some might argue the move is designed to make it easier for Facebook applications to integrate with other apps for purposes of shopping and commerce. "Real" currency is the coin of the realm for e-commerce, not virtual currencies, generally speaking.
Sunday, June 24, 2012
Facebook is Introducing Subscriptions and Ending "Credits"

Subscribe to:
Post Comments (Atom)
Most People Probably Pay Less for Home Broadband Than We Think
It always is difficult to ascertain what “most” consumers actually are paying for home broadband service, partly because people choose a ran...
-
We have all repeatedly seen comparisons of equity value of hyperscale app providers compared to the value of connectivity providers, which s...
-
It really is surprising how often a Pareto distribution--the “80/20 rule--appears in business life, or in life, generally. Basically, the...
-
One recurring issue with forecasts of multi-access edge computing is that it is easier to make predictions about cost than revenue and infra...
No comments:
Post a Comment