Facebook Inc. (NASDAQ:FB) is gearing up for a fight against Microsoft Corporation (NASDAQ:MSFT) Office, LinkedIn and Google Inc. (NASDAQ:GOOGL) drive after reports emerged it was testing a website for business professions. Facebook at Work is the latest innovation from the giant social network that will allow co-workers to chat and carry out in document sharing. Financial Time’s Hannah Kuchler during an interview on CNBC argued that Facebook has a chance to compete against LinkedIn Corp (NYSE:LNKD) as it is backed by a huge following all over the world.
“I think Facebook Inc. (NASDAQ:FB) has a chance as it has this immense audience of 1.35 billion users every month, which is so much more than LinkedIn and it is really easy to use and almost certain will be free. That is huge, if you are a small company why not take the free option over paying for Office 365,”said Mrs. Kuchler.
Facebook at Work will allow users to keep their personal Facebook Profiles away from their normal accounts as it will be used as a business networking tool. LinkedIn could be the mostly affected in this case as it currently has 90 million active monthly users compared to Facebook Inc. (NASDAQ:FB)’s 1.35 billion. Google Inc. (NASDAQ:GOOGL) and Microsoft Corporation (NASDAQ:MSFT), which currently sell enterprise products to other companies, could also be affected by Facebook immersing itself into the space.
Facebook at Work is to be ready for use sometime next year. Mashable Lance Ulanoff believe the latest innovation is a milestone for the giant social network, which can’t afford to be blocked by any company as competition online continues to grow.
“Facebook Inc. (NASDAQ:FB) can’t afford to be blocked on a single screen, it has to be everywhere, and business is a critical part of its overall strategy[…]The thing with LinkedIn it has always been more about networking; Facebook work is about getting work done, “said Mr. Ulanoff.
At the moment, there is little known of how Facebook At work will operate. Analysts remain confident it will have a major impact on professionals networking and expected to mount more pressure on the likes of Google Inc. (NASDAQ:GOOGL) and Microsoft Corporation (NASDAQ:MSFT) which are the largest websites across the world.
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