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People don't trust Facebook but can't stay away

The American Consumer Satisfaction Index has conducted a survey to find out how consumers react to social media websites. Most interesting is the fact that they have ranked Facebook so low that some analysts believe its trustworthiness as "abysmally low". I wouldn't be too surprised with this outcome though, what with all the privacy and content ownership issues that have been haunting faccebook for some time now. But, thats the obvious thing, isn't it? The most important question is, why are people still flocking to Facebook? or are they? The report concludes about why Facebook can continue to perform so well despite the such low customer satisfaction: Facebook has become a defacto choice for many people - The report claims that Facebook has a monopoly. It states that Although there are literally hundreds of social networking sites around the world, [...] there really is no other choice for people wanting to connect with friends, family, and colleagues regar...

'Scared Google about to launch Facebook rival'

About to take on Facebook?: Google co-founders Sergey Brin, left, and Larry Page. Photo: AP Google, perhaps the only company with the clout and users to take on the seemingly unassailable Facebook, is reportedly working secretly on "Google Me", a product that would go head-to-head with the social networking giant. The founder of popular link-sharing site Digg, Kevin Rose, kicked off a round of feverish speculation this week by tweeting that he had heard a "huge rumour" from a "very credible source" that Google was going to launch a Facebook competitor "very soon". Rose has since removed the tweet, saying he was asked to do so. Adam D'Angelo, former CTO of Facebook and now co-founder of social Q&A site Quora, added fuel to the fire by declaring "This is not a rumour. This is a real project". He claimed to have received information from "reliable sources".

'Google Me' Google's next social experiment?

"Google me" sounds like a lame pickup line delivered near closing time, but it might also be Google's latest attempt at becoming relevant in social media. Kevin Rose, of Digg fame, got the speculation rolling Sunday with a tweet that Google was working on a social service called Google Me that would compete with Facebook, perhaps Google's biggest rival for attention on the Internet. On Tuesday, former Facebook executive and Quora founder Adam D'Angelo took things a little further by declaring on Quora that "this is not a rumor. This is a real project. There are a large number of people working on it. I am completely confident about this." So what might Google Me actually be? No one seems to really know. But it does appear to be somehow related to one's Google Profile, a service that got a shot in the arm with the debut of Google Buzz earlier this year. Google Buzz lets users share links, pictures, and thoughts with friends who find them through t...