WEEK 8-FRIENDSTER

Malaysian firm buys friendster social network site

Online social networking pioneer Friendster has accepted a buyout from Malaysia-based MOL Global, the companies announced Thursday, saying the site would shift into e-commerce.

Friendster, which made its debut in 2002, was widely used to share videos, photos and messages before its popularity was challenged by the emergence of mighty competitors like Facebook. Its users are now mostly in Asia.

For further info,log on to

http://news.malaysia.msn.com/regional/article.aspx?cp-documentid=3742937

Based on my opinion,it is a great opportunity for the firm to enhance it productivity level.E-commerece playing a major role in online business nowdays.It will be easier for the customers to use their service but the same time they have to implement privacy policy to keep the customer's database with private & confidential.What customers as we need is our privacy should be protected.By doing so,it will create satisfaction to the customer and also build loyalty within our heart.It also will create diversity of networking from one customer to another customer.Basically,friendster have it own pros & cons,it depends on the company how they implement the system and attract the customer to use their service within Friendster.