Facebook the face of a new generation? Yes, says Microsoft.

John Dvorak has no idea why Microsoft bought itself a 1.6% stake in Facebook, valuing the company at $15 billion US. As a regular Facebook user, all I can say is, its a very well designed site, extremely useful, and light years ahead of Myspace, whom was purchased by Rupert Murdoch’s News Ltd some 2 years ago. John is right, us social network website users always flock to the latest and greatest thing. The great part about Facebook though, is the ability to add custom user apps to your user profile. At the moment, I’m in a football tipping competition, I can monitor where my friends are traveling too, and best of all, draw stupid picture messages of assorted penis’s and boobs, and post them on my friends profile.

One of my favourite bloggers, Pmarca, is in the start up phase of his social networking website, Ning. Although I’ve never spoken to him, if Pmarca is as shrewd at business development as he is at posting fantastic ideas on his blog, he may someday make Microsoft look very very foolish over this announcement…. He also points out the hilarity in Microsoft’s change of heart.