engine - 5:14 pm on Jan 5, 2011 (gmt 0)
Video worth watching on Bloomberg TV
Google vs Facebook In Social, Innovation, and Growth [businessinsider.com]
Count Piper Jaffray tech analyst Gene Munster among the Facebook bulls. He just gave an interview to Bloomberg TV which must have made any Googlers listening cringe.
Google has given up on social. Facebook owns the social graph, Google can't replicate it, and that race is over.
Google is just going to continue improving search instead of trying to compete head-on with Facebook.
Facebook is the place in Silicon Valley where all the rockstars want to work. Facebook is Google five years ago, and Google is Microsoft. (Ouch!)