Refining Facebook’s Applications

September 23, 2007

Earlier this week, Facebook announced the fbFund, which will provide grants to companies and individuals interested in building applications for the social-networking website. (See “Facebook Funds Developers.”) The move seems intended to encourage programmers to make applications that are more sophisticated than the bulk of what’s already been created by third-party developers. Some companies could find themselves scrambling to roll with the new order.

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