Good for them. I'll most likely pass, thank you.
Bottom line on Facebook: By putting its fate into Google's hands, they will be able to target Facebook addicts better. That's an incremental positive for Facebook, perhaps. The question is how much? How many addicts are clamoring for this?
I suspect that this will be a slight positive for Facebook, but not something that changes the smartphone landscape or ecosystem materially in its favor. The big favor that was done with Facebook's announcement was that it just told every app developer in the world that Android is the place to be, and Apple is a place you should relegate to second-citizen status.
Google's shareholders just sent Mark Zuckerberg the biggest gift basket they could afford. Apple went back to the bedroom, locked the door, threw itself onto the bed, and started sobbing.
Google - Apple: 1-0.
At the time of publication, the author was long GOOG, AAPL and FB, and short MSFT.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.