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FriendFeed In Freefall Under Facebook

Since Facebook acquired FriendFeed this summer, traffic to the social media aggregator has "plummeted," according to prolific PR technology blogger Steve Rubel. Calling the decline "unsurprising," Rubel explains: "I still see a big space in between in between blogs and Twitter that allows you to have a hub and spoke strategy and post in multiple formats ... That's one reason I am bullish about both Posterous and Tumblr." But, apparently, not FriendFeed.

Facebook paid nearly $50 million for the company, which was founded in 2007 by four former Google software engineers as a way for users to keep track of their friends' activities across social-media services at the same time.

Read the whole story at Steve Rubel »

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