Archive for the ‘Facebook’ Category

U.S. Social Networking Rankings

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Posted 05 Feb 2012 — by admin
Category Facebook, LinkedIn, Twitter, YouTube

Facebook Wants Ceglia To Pick Up $84,000 In Legal Fees

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Posted 05 Feb 2012 — by admin
Category Facebook

Facebook with court hammerCNET NEWS – Jan 23 – Facebook lawyers have asked a judge to order Paul Ceglia to pick up more than $84K in legal fees. Ceglia, the man who claims a contract with CEO Mark Zuckerberg entitles him to a 50% stake in the social network, was fined $5K earlier this month over delays in making his e-mails available in his case against Facebook. He was also ordered to pay reasonable attorneys’ fees.

by Steven Musil
See full article at CNet News

FTC Blasts Facebook, Google Over Violations Of Privacy

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Posted 05 Feb 2012 — by admin
Category Facebook, Google

CybersecurityTALKING POINTS MEMO – Jan 26 – Federal Trade Commissioner Julie Brill spoke Tuesday morning at a cybersecurity forum in Washington D.C. and blasted both Google and Facebook for violating user privacy, saying they “learned it the hard way” not to change user privacy settings without express approval from users. In 2011, both Google and Facebook reached separate but similar agreements with the FTC to undergo 20-years of independent privacy audits. Both companies have been found guilty of violating user privacy agreements and managed to dodge fines and penalties, but have been required by the FTC to develop their own internal privacy programs, which will then be checked periodically to ensure compliance. Brill dodged questions about Google’s latest privacy policy change that will create one policy across all of its products.

How Facebook Made $3.71 Billion In 2011

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Posted 05 Feb 2012 — by admin
Category Facebook

Facebook value pictureMASHABLE – Feb 1 -  It’s not too surprising that Facebook generates a substantial majority of their revenue from advertising, though it also revealed just how much it makes via its partnership with Zynga (12%).

Facebook divides its revenue into two buckets:

1. Money made from advertising
2. Payments and other fees

Both revenue streams have been increasing over the past few years (ad revenue went from $764M in 2009 to $3.154 billion in 2011). Cash coming in from payments jumped up from $106M in 2010 to $557M in 2011. Facebook says the spike was because it forced all app partners to use Facebook Payments for transactions in July of last year.

Facebook: 425 Million Mobile Users And No Money

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Posted 05 Feb 2012 — by admin
Category Facebook

Facebook-timeline-on-iphone-appPC MAG – Feb 2 - Facebook‘s mobile apps are frequently among the most popular downloads in the Android Market and Apple App Store. Facebook’s Wednesday IPO filing revealed that the company had ~425M monthly active users during December 2011, or about half of its worldwide user base. But while that 425M number might be impressive, it’s not making Facebook any money at this point. ”We currently do not show ads or directly generate any meaningful revenue from users accessing Facebook through our mobile products”, Facebook said.

Facebook Files For $5B In Biggest Internet IPO

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Posted 05 Feb 2012 — by admin
Category Facebook

Facebook ipo1BLOOMBERG – Feb 1 - Facebook filed to raise $5 billion in the largest Internet IPO on record. Facebook is considering a valuation of $75 billion to $100 billion. A $100 billion market capitalization would value Facebook at 26.9 times trailing 12-month sales, more than double Google’s valuation when the search-engine operator went public in 2004. Zuckerberg is the company’s top holder with 28.4% of the shares, the filing shows. He also has proxy agreements with fellow stockholders that potentially give him voting control over more than half the shares

Travel Industry Uses Facebook And Twitter To Reach Customers

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Posted 16 Sep 2010 — by admin
Category Facebook

USA TODAY – Sep 12 - Hotels, airlines and other segments of the multibillion-dollar travel industry are aggressively tapping into social media, ramping up their use of online sites such as Facebook and Twitter to build loyalty to their brands. Airlines are maintaining a presence on YouTube and offering deals through social-mapping networks such as Loopt. Hotels are promoting their properties through bloggers. As of August, Delta passengers can buy tickets on Delta’s Facebook page. Southwest has three staffers dedicated to monitoring and responding to queries made through social-media channels. Marriott is launching its Marriott Courtyard Facebook page…..United, for instance, has “twares,” fare specials offered exclusively through Twitter. In July, AirTran introduced its “Facebook Friday Fares,” which give its Facebook fans unique deals. FULL ARTICLE @ ABC NEWS

Google Losing Ground As Users Spend More Time On Facebook And Yahoo

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Posted 12 Sep 2010 — by admin
Category Facebook, Google

ComScore-chart-600-thumb-605x444-21780READ WRITE WEB – Sep 9 - Americans spent more time socializing on Facebook than searching with Google for the first time in August, and Yahoo edged out the search giant in monthly traffic, according to comScore. Users spent 41.1 billion minutes on Facebook in August, 39.8 billion minutes on Google, and 37.7 billion on Yahoo. Yahoo beat out Google in monthly traffic, with 179M unique visitors to Google’s 178.8M. Microsoft came in third with 165.3M. FULL ARTICLE @ READ WRITE WEB

Mark Brooks: And YouTube? I just put money into Google stocks. YouTube will be making a profit soon. And Android? I’m betting they’re the tortoise to Apple’s hare. I also put money into Apple stocks mind you. I’m bullish on Apple TV.