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Craig Rubens of New TV reviews Top Five Video Applications on Facebook. These apps help you record, share, and find videos across Facebook and the web. You must be a Facebook member to view their operation on Facebook (but membership is free).

  1. Video, by Facebook (developer link) Facebook’s in-house video app, creatively named “Video,” is by far the most popular video app available, with nearly 4.5 million users. You can upload video clips up to 300 megs or 15 minutes long (higher than YouTube standard plan) and tag your friends who appear in it.

    It functions exactly how you think a video version of the site photo utility would — which makes it somewhat strange that Facebook didn’t make “Video” a full platform deployment, instead rolling it out alongside third-party apps. Why not clue in all 30 million users on this growing video web?

  2. Vodpod: Videos, by Vod:Pod (developer link) — Now you can publish your Vod:Pod playlist on Facebook just like your blog. Show your friends the latest videos you’ve been watching. Vod:Pod’s bookmarklet identifies videos (pretty much) anywhere and this app allows you to view the most recent addition to a “Pod” as an embed in your profile. While your top five are all displayed only your top one is playable from your profile, which is annoying if you want to look at any of the other four. This app has under 4,500 users.
  3. SplashCast, by SplashCast (developer link) — Operating as a web video feed aggregator, SplashCast seems like Miro in the cloud. I can view RSS feeds and flash embeds, and what’s more, I can pull those from the player side where I can arrange and display my channel for my friends. Plus it’s got a great “view BIGGER” option where you get your vids on rBGH.
  4. Mesmo.TV, by Mesmo.TV (developer link) - CEO Davin T. Miyoshi told NewTeeVee “Our sole focus is really the social video discovery, finding video through people.” This Facebook app is far less powerful than Mesmo.TV’s bookmarklet or overall service, which is quite robust. While inside the Facebook app you clunkily browse and rate videos and shows, the app itself as it appears in your profile is pretty unremarkable and is really just a way to show your friends what you watch in pictures. Just 140 users, but it’s brand-new.
  5. Tied for fifth place are myTV by Invite Media Inc. (37,000 users), Magnify.net by Magnify.net (under 600 users), and Blipcast by by Sean Mac and Sylvio Drouin (under 200 users). To lesser extents than the top four apps, all of these apps allow you post embedabble videos to your profile and add different bits of value here and there, like search or “dropping” videos on friends.

The mainstream audience is just now learning about Facebook and sees it as a more mature alternative to MySpace.

As PC World explains; First Friendster was everybody’s favorite social networking site. Then Friendster fell out of vogue–precipitously–and people stopped going there. In its place, MySpace became the darling of the Web. MySpace provided not only a free place to host your own online identity, but a full set of tools for meeting and interacting with others. Now everybody is talking about Facebook, which fits the same description, but in a very different way. Will Facebook become the next MySpace?

Facebook said on Thursday it has acquired Internet start-up, Parakey, run by two of the co-creators of Firefox. Parakey seeks to bridge the gap between the immediacy of information stored on local desktop computers and the collaborative power of data stored on Web sites.

TechCruch asks; Could Facebook Become The Next Microsoft?

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