Facebook ads are generating a laughable 7.5-cent CPM. The recent Facebook Developer Conference avoided discussing the impact that this has on both Facebook’s future as well as the future for application developers who are now expected to play nice and fight for Facebook’s good graces to really scrape up that golden pot of 7.5-cents.
The good news? Facebook Connect looks promising and can’t be as evil as Beacon. Microsoft is now running Facebook search and seems to be on the cusp of some interesting search technology dubbed BrowseRank.