Facebook Buys Israeli Mobile Analytics Startup Onavo 38
rtoz writes "Israeli Mobile Data Management Startup "Onavo" has announced that it has been acquired by Social Media Giant Facebook. Facebook will get its first office at Israel by acquiring Onavo. Techcrunch has mentioned that Onavo will give facebook a much deeper tech bench to measure how its mobile services are working. 'Onavo will be an exciting addition to Facebook,' a Facebook spokesperson told AllThingsD. 'We expect Onavo's data compression technology to play a central role in our mission to connect more people to the internet, and their analytic tools will help us provide better, more efficient mobile products.'"
Re:Technology is all about marketing now. (Score:3, Insightful)
Capitalism is about to come apart at the seams, actually. It was about a product and selling a product. All that's left by now is selling, and the current pinnacle of the devolution is that we're just selling the selling now.
That's what Facebook is, essentially. It's selling you info that allows you to sell your products. Since that is far more profitable than actually selling a product (because you have the expense of actually making a product) whereas Facebook can simply sell a "self producing" product (its users), market dictates that everyone will have to follow. And even a surplus of supply, something that should limit the appeal to become a supplier yourself instead of providing other goods and services, has a self propagating and boosting effect, because the more companies sell selling info, the more the very same companies need selling info to stay competitive.
In the end, all that's left is a circle jerk of people telling each other how to sell something better. Problem is just that nobody is selling a product anymore that anyone would possibly actually WANT to have.
Re:Onavo app (Score:3, Insightful)
They ARE the bad guys.