Will Social Networking be Coming to Your Cell Phone?

They say it is so but first we need to convince the advertisers.

clipped from www.rcrnews.com The move underscores a phenomenal expansion from Facebook in recent months. Once a destination solely for college students, the site has morphed into a place where both students and professionals can create profiles, post updates and exchange messages. Like other successful sites such as Flickr and MySpace, Facebook’s site accepts widgets for third-party applications, allowing users one-click access to other social networking destinations. Just how lucrative the mobile social networking space might be is still uncertain, however. Wireless startups are drawing impressive numbers, but some are struggling to generate the advertising revenues necessary to fuel the business. Advertisers new to the space are opting to allocate their ad dollars to more familiar, high-profile brands instead of newcomers whose names may not be recognizable by mainstream consumers.