As always there has been a lot going on in the social media arena in the past week. This is a summary of the major (and minor!) developments.
On July 28th Facebook announced that it was going to launch Facebook Questions. The tool is set to allow you to crowdsource the collective intelligence of the 500 million and growing Facebook user base to ask questions and get answers. Set to compete with tools like Ask, Yahoo Answers and Answerbag, you will be able to ask any question and hopefully get the right answer practically instantaneously. The functionality isn’t live yet and is only available to a small number of beta testers but to find out more you can read this Mashable post about the 5 Ways Facebook Questions can be improved.
Google waved bye bye to its Wave product which was launched late last year. At the time there was much clamoring to get on the communication and collaboration tool which was supposed to allow people to easily work together online. Unfortunately, Wave didn’t really catch on and today it is no more. In typical Google fashion though, it would appear that they are turning the failure to their advantage. On a positive note Google yesterday announced that business can now respond to reviews on Google Places. Not before time.
The Twitter fail whale was omnipresent for much of the afternoon which prompted diehards to take to Facebook to voice their complaints and comments and to vent to relieve their anxiety withdrawal. This leads me to conclude that the Reuters article in today’s Washington Post highlighting a study that found that social media is costing businesses in the UK billions in lost productivity, could in fact be true across the Twitter world! Twitter is back up much to the disapointment of businesses in North America who saw productivity peak in the last few hours.