Facebook moving into Twitter territory

Both companies want to play a major role in how people communicate online, a potentially lucrative business but one that is hardly settled given the ever-shifting online landscape. The budding rivalry between the two companies heated up last week when Facebook introduced a major redesign that makes it more of a destination for real-time posts, turf that Twitter is famous for. Instead of waiting 10 minutes or so for friends' messages, photos and videos to appear, Facebook's users can see them stream live onto their home pages. The prospect for a peaceful coexistence between the two companies is at least partially supported by online measurement service Hitwise, which last week published the list of Web sites that people visit immediately after Twitter. Charlene Li, founder of technology consulting firm Altimeter Group, said that Twitter should be paying close attention to Facebook's evolution. A survey released last month by the Pew Internet Project found that 11 percent of online adults have used Twitter

15 Mar 2009 ... Increasingly, Facebook and Twitter are overlapping, setting the stage for one of the biggest Silicon Valley rivalries over the next few years.

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