MySpace rival Facebook is handing out cash incentives for developers to create compelling programs on the social network, offering up to $250,000 to those who develop apps that are both "innovative and disruptive." The grants will come out of the $10 million recently raised by Facebook from its primary backers Accel Capital and The Founders Fund. More ...
About DMT
- Digital Media Trends analyzes technology driven shifts in the media industry. The author, Daniel Tschentscher, is Futurologist and Senior Consultant at TIMElabs Management Consulting and has been involved in various internet ventures.
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September 18, 2007
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