Monday, January 14, 2013

Facebook Inc (NASDAQ:FB) Faces Strong Competition from Twitter, Nokia Corporation (ADR) (NYSE:NOK) Add Apps

FacebookAccording to current report, Facebook Inc (NASDAQ:FB) is facing strong competition from Twitter. In addition, it is competing Facebook Inc. to add users internationally.

Facebook extended feature-phone proposing with its 2011 purchase of Israeli startup Snaptu Ltd., which improves a stripped-down version of the site?s application for more basic handsets.

On the other side, Turkish pop sensation Murat Boz is concluding in on 2M followers on Twitter Inc., a sign that the U.S.-based micro blogging service is getting more popularity overseas growth, but growth slows down in its home market.

Because, Twitter initiated getting added attention in Turkey following the San Francisco-based firm extended a contract with wireless carrier Turk cell Iletisim Hizmetleri AS (TCELL), that permits users send short Twitter messages, or tweets, from their handsets at no charge.

Twitter?s chief executive officer, Dick Costolostated in an e-mail that they requisite to deliver a more compelling product for low-end devices.

An analyst at Framingham, Massachusetts-based IDC, John Jackson stated that may limit the benefits of seeing feature-phone makers and operators.

Jackson added that it?s not understandable to him that getting distributed across the fragmented scenery of feature phones is a valuable exercise at this point. He stated that Imitating such partnerships are a lot of work and Twitter?s exertions would be improved served chasing Google (NASDAQ:GOOG) to become apps featured on Android phones.

While the MediaTek has begun comprising Twitter in software installed with its mobile chips.

Sharon Lo, a spokeswoman for Media Tek stated that they struggle to add more value to the phone.If the Twitter end users are a group of users, then the handset maker can preload Twitter, Lo said that the firm has similar agreements with Yahoo! Inc. (NASDAQ:YHOO), Facebook (NASDAQ:FB), and Gameloft SE.

Nokia Corporation (ADR) (NYSE:NOK)?s head of mobile-phone strategy, Seppo Aaltonen stated in an e-mail that companies worked together on the app?s look and functionality. Messer schmidt decided in July with Espoo, Finland-based Nokia Oyj to take a Twitter app pre-installed on the receiver maker?s Asha line of phones, which are intended with stripped- down features to create them more reasonable for buyers in India and additional emerging markets.

Source: http://www.propertymentorgroup.com/facebook-inc-nasdaqfb-faces-strong-competition-from-twitter-nokia-corporation-adr-nysenok-add-apps/126114/

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