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Coming Down to Money

Facebook has made a lot of international attention lately because of the highly controversial Facebook privacy settings and changes that are going down as some of the mostly fluidly and progressively permissive policies in the entire social media world. What’s incredible is that Facebook started out as a massively tight and secure way for college students to interact, now the site is coming down to money and selling out to advertisers. In fact, a lot of Facebook players are about to lose their favourite Facebook application, an online casino poker free-play app – and all because of a money debate.

Facebook requires that all applications that run through the site only use a monetary unit of “Facebook Credits” as the primary form of payment. Then, Facebook is able to take 30 percent of the profit before paying out to the application developers. This policy has remained mostly uncontested until Zynga, a gaming application developer out of San Francisco, refused to adhere to this system. Now the two companies are in an intense battle to the point that Facebook players may lose their favourite online casino poker app because Facebook refuses to adjust payout processes to a more fair percentage of profits.

The entire situation just really points out so much more than the issue with the online casino games, or even the privacy policy concerns. It’s that Facebook has sold out and is now operating like the mega-corporation that it is. Facebook is no longer a small start-up run by a smart college student who made all of the company decisions – now it has profit targets to reach and has less shown a lot less concern for the actually Facebook user experience over the last several years.