Showing posts with label Facebook. Show all posts

Why Facebook's IPO is gets rich?


The rich are going to get richer when Silicon Valley's biggest IPO starts trading on Friday.
Facebook this week raised the number of shares it intends to float by 25 percent to 421 million shares, and lifted the target price range to $34-$38 per share as investors clamored for a slice of the third-largest IPO in U.S. history.
As a result, the No. 1 social network and its shareholders will now collectively reap more than $15 billion from the initial public offering - a $5 billion hike from early May, when Facebook sought an IPO of roughly $11 billion.
The company itself will not float extra stock, Facebook said in a Wednesday filing with the U.S. Securities and Exchange Commission. But early investors like venture capital firm Accel Partners; Tiger Global Management, the hedge fund; Goldman Sachs (GS.N); PayPal co-founder Peter Thiel; and companies tied to Russian tycoon Yuri Milner are cashing out with additional sales to the tune of as much as $3.8 billion.

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Shocking report shows child pornography being openly traded on Facebook


Social networking giant Facebook has become a platform for pedophiles trading pornographic images, despite its effort to censor illegal posts on the website, according to a new report.
An expos published by a news website, WND.com, has revealed a disturbing amount of child pornography being shared by predators on Facebook.
A Facebook user page called 'Kidsex Young' includes graphic photos of children, including infants and toddlers, The Daily Mail reports.
On the page one user asks others, 'Care to trade vids?', and another posts a clip of a naked man fondling a baby.

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More Employers Asking for Facebook Passwords



Studies have shown that Facebook can be a useful hiring tool. Just a 5- to 10-minute perusal of a user’s profile can net more information than a basic personality test. It’s no wonder employers head to the site to check out prospective hires.

But one problem remains: Many users are now going private, cutting off their profiles from outside viewers. As a result, a new trend has emerged. Employers are reportedly now asking job applicants for Facebook passwords. 
Is this a good idea? Can you legally ask a job applicant for a Facebook password?

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FACEBOOK WILL END ON MARCH 15th, 2012 !


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FACEBOOK WILL END ON MARCH 15th, 2012 !

PALO ALTO, CA –Mark Zuckerberg announced that Facebook will be shut down in March of 2012. Managing the site has become too stressful.

“Facebook has gotten out of control,” said Zuckerberg in a press conference outside his Palo Alto office, “and the stress of managing this company has ruined my life. I need to put an end to all the madness.”

Zuckerberg went on to explain that starting March 15th of next year, users will no longer be able to access their Facebook accounts.  That gives users (and Facebook addicts) a year to adjust to life without Facebook.

“After March 15th, 2012 the whole website shuts down,” said Avrat Humarthi, Vice President of Technical Affairs at Facebook. “So if you ever want to see your pictures again, I recommend you take them off the internet. You won’t be able to get them back after Facebook goes out of business.”

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Zynga ditching Facebook, to launch games service

Zynga Inc is launching a new games service that allows users to play on the company's website instead of Facebook, potentially driving traffic away from the world's No. 1 social network that is its biggest partner. 

The service is the online game company's boldest move yet to create a presence outside of Facebook, where it makes 93 per cent of its revenue. 

Investors sent Zynga's shares up 10 per cent to $14.48. 

"Zynga is building their own web-based platform, which makes them a bit more independent and creates a brand for them outside of Facebook. But it doesn't really cut the cord with Facebook, and it won't have a dramatic impact on their margins," said Baird Research analyst Colin Sebastian.

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What Pinterest Can Do That Facebook Can’t

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What Pinterest Can Do That Facebook Can’t

Imagine walking into a 14-year old girl's bedroom — what would you see on the walls? Probably pictures torn from magazines, drawings, maybe inspirational quotes. Transform that visual collage into a social media site, and you have Pinterest. The site has taken off since its 2011 launch, with nearly 12 million unique visitors in January, 2012, and its membership has been accelerated by Facebook tie-ins that show your friends' Pinterest activity.
So why all the buzz? How does it work? And is it a contender to Facebook?
The digital equivalent of a 14-year old girl's bedroom is a decent visual metaphor for the site, but Pinterest's effect is much more sophisticated. It's a rich, hyperlinked way to see what others are inspired by and aspire to.
How Pinterest Works


Once you sign up for a Pinterest account, you can "pin" images you see online. You can either input a link into Pinterest manually by copying it, or you can install a browser extension for Pinterest that lets you click a button that's added into in the browser frame to add an image:

Firefox right click add-on

Chrome Pinterest extension

Internet Explorer Bookmarklet for Pinterest

Read More:news.yahoo.com

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Facebook Graffiti Artist Could be Worth $500 Million


Last week Evelyn Rusli and I wrote about the people who are set to get rich from Facebook's coming initial public offering of stock. The most startling was David Choe, a graffiti artist who chose Facebook stock instead of cash when he spray-painted the first Facebook offices in 2005.
Although Mr. Choe declined several requests for an interview while I was reporting the story, he took to the airwaves on Tuesday as a guest on The Howard Stern Show to discuss his windfall. (Warning: the conversation, like Mr. Choe's paintings, is very sexual descriptive.)
After talking about a number of topics that are not safe for workplace discussion, Mr. Choe and Mr. Stern talked about the money the graffiti artist will make from his Facebook stock.

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Google, FB remove ‘foul’ content


Internet giants Google Inc and Facebook removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown "like China" if they did not take steps to protect religious sensibilities.

The two are among 21 companies asked to develop a mechanism to block objectionable material after a private petitioner took them to court over images deemed offensive to Hindus, Muslims and Christians.

The case has stoked fears about censorship in the world's largest democracy. "(Our) review team has looked at the content and disabled this content from the local domains of search, YouTube and Blogger," Google spokeswoman Paroma Roy Chowdhury said.

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Facebook turns eight


Facebook, the world's most popular social networking site with an estimated 845 million active subscribers, has turned eight.

Since its launch on February 4, 2004 at Harvard University in Mark Zuckberg's dormitory room, the social networking giant that has changed our lives over the years has witnessed massive growth and is most likely to have one billion users by August this year.

While, the company CEO Zuckerberg is best known as the man who built Facebook, the company has three other co- founders, all college roommates and fellow students at Harvard; Eduardo Saverin, Dustin Moskovitz, and Chris Hughes.

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Facebook to make people switch to new profile over 'next few weeks'


Facebook will soon start requiring people to switch to a new profile format known as Timeline, making photos, links and personal musings from the past much easier to find.Timeline is essentially a scrapbook of your whole life on Facebook, compared with a snapshot of you today found on Facebook's traditional profile page. Once activated, Timeline replaces the current profile.

Although some people have already voluntarily switched to Timeline, Facebook hadn't made that mandatory. Beginning Tuesday in the US, Facebook is telling some users that they have seven days to clean up their profiles before Timeline gets automatically activated. Facebook is rolling out the requirement to others over "the next few weeks".

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Sibal takes on networking sites over foul content Says Google, Facebook, Twitter must self-regulate

Concerned over the rise in objectionable content on social networking sites, the government today said it would take steps to screen and remove such contents. It asked Internet firms like Google and Facebook to adhere to government guidelines.

A day after representatives from Facebook, Twitter, YouTube and Microsoft had a meeting with Telecommunications Minister Kapil Sibal and declined to remove offensive content, the minister stressed that these firms would have to evolve a mechanism and come back with a solution. However, he added that the government did not believe in either directly or indirectly interfering in the freedom of the Press.

The minister was addressing mediapersons after reports in an international newspaper said that the government was trying to censor such sites, which Sibal said was not true.

“The government is not for online censorship, but wants Internet service providers to pre-screen user content in order to remove disparaging and defamatory matter online, he said.

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Google enters teens with 13th birthday


Search giant Google has entered teens today, the tech behemoth has turned 13. Officially a teenager, Google celebrates its birthday with a doodle that shows the five letters of the company logo wearing party hats placed around a cake with balloons and gifts around.

A click on the doodle takes visitors to a search result page on Google. Larry Page and Sergey Brin started Google Inc in September 1998 with four computers and an investor's $100,000 bet on their belief that an Internet search engine can change the world. 

The company though filed for incorporation on September 4, 1998, and Google.com domain was registered on September 15, it officially celebrates its birthday on September 27.


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Google+ opens up, takes fight to Facebook


Google Inc and Facebook trotted out a variety of new social networking features in back-to-back announcements on Tuesday, underscoring their intensifying competition for Web surfers.Google integrated its flagship search engine into its 3-month old social network — with membership now open to the Internet public — and expanded its “Hangouts” video-chat feature to allow mobile use and broadcasting.

The company said on its official blog its well-received Hangouts feature — where up to nine people can link up and chat with a user on video — will be available on camera equipped smartphones powered by its own Android software. Support for Apple Inc iOS devices “is coming soon”, it added. And a user can now host an online broadcast with this feature — recording a session and broadcasting it live for public access online. Black Eyed Peas front man will.i.am was to host the first “Hangout on Air” on Wednesday, Google said.

“Hangouts should keep pace with how you socialize in the real-world, so today we’re launching it on the one device that’s always by your side: your mobile phone,” senior vice president of engineering Vic Gundotra said on the blog post.

For its part, Facebook said it was introducing a new “ticker” on its users’ home pages, providing real-time notifications of what friends are doing on the service.

Facebook also revamped the service’s main news feed to flag important items — such as a new baby announcement — for Facebook users who have not logged on for a few days. Facebook also changed the way photos are displayed on the site, increasing the size of pictures that appear in a users’ news feed.


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