What the Tweet? After failed buyout bid, Facebook moves to build own Twitter-like platform

Twitter Inc. is at a critical juncture now that the popular Facebook Inc. has redesigned its services to, well, be a lot more like Twitter, according to analysts.

Facebook announced late yesterday that its public profiles have been updated to allow users to share their information with an unlimited number of friends. The updates, according to Facebook, can "be brief messages" similar to Tweets or longer ones that include photos and videos. The new Facebook setup will also enable businesses, organizations or even celebrities to blast out information to customers, members or fans.

Many of the Facebook updates put the popular social network in direct competition with Twitter, the microblogging site whose user base includes companies such as Dell Inc.

More: http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9129011&source=NLT_PM

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