As soon as he finished speaking, everyone nodded in agreement.
Zhao Ye laughed and said, "Now that everyone knows what a newsfeed is, let's quickly develop this feature and then register a patent!"
"Yes, Chairman Zhao!" everyone said in unison.
...
MySpace website.
Website founders Tom Anderson and Chris DeWolfe are still struggling with the launch of personal spaces for ICQ.
Little did they know, Facebook was still their real enemy.
Once the newsfeed is released, it's essentially like Oppenheimer completing the development of the atomic bomb; the war can be declared over.
Moreover, Facebook has more than one killer feature.
After returning to his office, Zhao Ye began developing a web game, which he named "Happy Farm".
Because it's just a small web game, Zhao Ye can develop it himself in his spare time.
At this time, on campuses around the world, MySpace was unable to shake Facebook's position. Students still preferred to log in to Facebook. Despite MySpace's best efforts, they were all in vain.
Tom Anderson and Chris DeWolfe were quite frustrated by this, as Facebook had built an impenetrable stronghold over the campus market.
It seems somewhat unfair that Facebook can penetrate the social market while MySpace cannot penetrate the campus market.
Today, Tom Anderson and Chris DeWolfe's biggest fear is that Facebook will open its website to the public, which could lead to the demise of MySpace.
There's a psychological phenomenon called Murphy's Law, which states that the more you imagine something, the more likely it is to happen.
On the morning of August 1st, Facebook held a press conference where CEO Hung-Yuan Ching announced that Facebook would be open to the public, and anyone could register a Facebook account.
The moment he finished speaking, it caused a sensation throughout the room!
The reporters were stunned; they could already foresee the enormous shock this would cause to the internet industry.
"Oh my God, this is huge news! I bet a lot of people across America will be thrilled! Including myself!" a reporter exclaimed, his face beaming with excitement.
Many of the reporters present also wanted to register a Facebook account.
If they were given the choice between MySpace and Facebook, they would most likely choose Facebook.
Things that are too easily obtained are usually not cherished.
Moreover, most Facebook users are high-achieving students from universities and future elites, so when making friends, anyone would be more inclined to befriend these elites.
Twitter immediately updated its official news with the headline "Facebook lifts restrictions and opens to the public," and the news quickly rose to the top of Twitter's trending topics.
"Oh God! Great, I can finally register a Facebook account!"
"Honestly, they only lifted the restrictions after a competitor like MySpace emerged, making us wait so long!"
"Facebook has finally made the right decision. Harvard students, your seniors are here!!"
"..."
Everyone was overjoyed and immediately logged onto Facebook to register accounts.
In just two or three hours, Facebook gained as many as 3.85 million new users.
Many people haven't received the message yet, otherwise the number would be even greater.
The executives at MySpace were on tenterhooks.
"How much will Facebook's announcement of opening its website to the public affect our MySpace site?" Chris DeWolf asked his secretary.
"Mr. Chris DeWolf, MySpace's new user numbers have plummeted. Not only that, the number of people online on the site is also decreasing sharply, currently less than half of what it was yesterday!"
Chris DeWolf was stunned for a moment, then his face turned very ugly.
The impact on MySpace has been enormous. If this continues, MySpace will lose all its traffic, and how will the company raise funds in the future?
"Contact famous American singers or actors immediately and get them to create a homepage on myspace!" Chris DeWolver shouted to his secretary.
“Mr. Chris DeWolf, it costs a lot of money to bring celebrities to us, since we need to use their fame to attract traffic…” the secretary reminded him. She had previously contacted Hollywood agencies and celebrities, who had explicitly asked for money before joining the MySpace website.
Upon hearing this, Chris DeWolfe was immediately enraged and said angrily, "Damn celebrities, creating a homepage on MySpace is clearly beneficial to both of us, a win-win situation, but they still insist on charging our website!"
After saying that, Chris DeWolfe secretly vowed in his heart: "If MySpace becomes the number one social networking site in the United States, I will definitely teach them a lesson and make them beg me and lick my toes."
After a pause, Chris DeWolf said bitterly, "If that day ever comes, I'll go a month without washing my feet and make them stink!"
Thinking about this, Chris DeWolver glanced at his large feet, the dark insteps covered in thick hair due to excessive male hormones. Chris DeWolver thought, "It'll probably smell even better if I don't remove the hair..."
It must be said that the idea of inviting celebrities to join the website is very correct.
MySpace paid a lot of celebrities to join, which subsequently attracted their fans.
Myspace experienced a surge in traffic and rapid growth in a short period of time.
The investment community did not expect that MySpace would not only withstand the pressure of direct competition from Facebook, but also develop rapidly.
At this time, Rupert Murdoch, the owner of the renowned media tycoon News Corporation, suddenly became very interested in the MySpace website.
In his view, the myspace website could become News Corporation's digital media business!
Currently, traditional media is facing increasing difficulties, and News Corporation urgently needs to expand its business and develop online media. Microblogs, Twitter, Facebook, and other platforms are all owned by the Wujiang Group, leaving News Corporation with little choice but to comply. MySpace, however, is just a startup internet company with enormous growth potential.
Therefore, Rupert Murdoch conceived the idea of acquiring the MySpace website...
(End of this chapter)
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