Monday, May 23, 2011

Want to make money with your private data? Dump Facebook and join MyCube...

"I have 5,000 friends on Facebook," says the Swedish-born entrepreneur, who lives in Singapore, but was about to board a flight from Barcelona to Germany, and then to Dubai, when we spoke by phone. "I could have had 10,000, but Mark Zuckerberg only lets me have five. I could have sent out an article to all of them, but I can't, because Mark Zuckerberg only lets me send to 20 people. Mark Zuckerberg doesn't let me do mass communication."

Staël von Holstein is launching a Facebook competitor out of Singapore called MyCube; it's currently in private beta. To hear Staël von Holstein tell it, MyCube will be the liberation forces poised to overthrow Zuckerberg's autocracy. MyCube, for all its grandiose ambitions, actually has an intriguing set of principles at its core. It is private in ways that Facebook is not; users have complete control over their data, and MyCube will never mine that data to sell to advertisers or anyone else. And, in fact, MyCube believes that people should view their own data as valuable--offering a means for members of the site to monetize the information they share. More...

Don't miss:
  1. How Google and Facebook manipulate and determine your searches...
  2. Now starring in a Facebook ad near you... it's YOU (and they're not paying a penny)
  3. Facebook: Now sharing your home address with developers...
  4. Diaspora better than Facebook?
  5. India's bubbling with BubbleTALK... 

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