I’m sure a lot of people have already heard this in the news in one form or another. For those whose don’t know, Facebook is a social networking site where people can stay in touch with each other and on that site people are able to develop applications such as games for people to use.

There is this one very popular application called “Scrabulous” that is essentially a clone of sort of the board game “Scrabble” where the objective of the game is to create words out of letters to score points. Recently Hasbro, the company that owns the right to the original Scrabble game, has filed a lawsuit against the Scrabulous makers over copyright and infringement.

As expected, you have the majority of the fans not being too happy with this and I read a lot of comments on how the company is just a greedy corporation. At the same time, another common point I read was how with so many people using that application it should in hence translate into more sales of the Scrabble game which should be even more reason for the company to not want to shut that game down.

I always try to look at it from both sides personally. Just thinking about it, how would you react if someone say took the book you wrote and simply changed little details such as the name of the characters and then began to profit over it? Most people wouldn’t be too happy. Thinking even more, if once you realized that the book you bought virtually plagiarized someone else’s work/idea would you still continue to support that work and encourage people to buy it?

While it doesn’t necessarily make it right still, if instead the Scrabulous makers did not profit over this then I would be a little more inclined to say that Hasbro should have been more delicate in its approach such as trying to find a happy medium by addressing its concerns with the original makers. Example, since Hasbro was planning to release its own official version, from what I read, maybe they could have offered those guys a job to say maintain the community and attract more users. Just my thoughts though.

I was just reading about the news about the social networking site Facebook and how Microsoft has purchased a 1.6 percent stake in the company for about $240 million. Apparently Facebook is valued at about $15 billion.

I’m just reading the reactions from some people and a lot of casual observers think it is a crazy number indeed. I’ve talked to someone before who actually had some knowledge of the effectiveness in advertising within that site and apparently it is a very good way for a company to target a specific audience that will buy from you. In that sense, it is an extremely valuable site.

These types of company value estimates always makes me wonder on just how long it can keep its momentum going. I guess those Google stocks are an example of that.