Scenario: a company with a quasi monopoly - and more money than it knows what to do with accordingly - responds to a fast growing potential competitor by getting into a market it doesn't understand well, is miles behind (arguably so far behind the market has already decided the winner) and isn't well suited to compete in.
See: IBM, Microsoft, Google, Facebook
Primarily I'm curious to see what Facebook's Bing is going to be. With a now very profitable, soft monopoly in social (and the willingness to spend to keep it), it seems inevitable Facebook will follow a rhyming history.
Scenario: a company with a quasi monopoly - and more money than it knows what to do with accordingly - responds to a fast growing potential competitor by getting into a market it doesn't understand well, is miles behind (arguably so far behind the market has already decided the winner) and isn't well suited to compete in.
See: IBM, Microsoft, Google, Facebook
Primarily I'm curious to see what Facebook's Bing is going to be. With a now very profitable, soft monopoly in social (and the willingness to spend to keep it), it seems inevitable Facebook will follow a rhyming history.