Saving Face ( Book )

Is Facebook about to implode? It has been a bad few days for the business. The CEO has had to apologise for introducing a scheme that many users felt gave away too much information about them. Elsewhere, more firms are blocking the site to help improve productivity and the warnings continue that some users ( and there are sixty miilion of them ) are putting up way too much private information about them on their profiles. Still, this week saw the launch of a new Facebook magazine and only a few days ago the Hong Kong billionaire Li Ka-shing invested $60 million in the business. For some then, the future looks good. For others, facebook is a fad that's on its way out.

So has facebook jumped the shark? Or has the commentariat jumped to a hasty conclusion? Come on, even if you haven't signed up - don't pretend you haven't been tempted.

Personally, I love the fact that the Dave Allen Appreciation Society on Facebook has 31 members. That's about to rise to 32.

And here's a long version of Eddie's discussion with Facebook campaigner Johnny Chatterton and Facebook doubter Seamus McCauley. Johnny first:

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