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June 22, 2012
17:33 • 12 months ago

May want to check again before accepting that next friend request. The law goes into action on August 1st of this year, and requires most sex offenders to make their criminal histories known on social networking websites, an extension of already-in-place laws offline. Facebook already has strict policies set up against sex offenders — as State Rep. Jeff Thompson notes, ”They don’t allow these types of people on their site. If they discover one, they’ll get rid of them. I really respect that.” However, this new gives authorities a new tool in fighting crime online — though it allows for prosecutorial discretion, so that edge cases, like a 16-year-old boy having consensual sex with a 15-year-old girl, wouldn’t fall under this law. And the law seems to be written with Facebook, or Facebook-like sites, in mind, and leaving sites designed for e-commerce or news dissemination out of it. Seem like a good idea, guys? source

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June 13, 2012
00:52 • 1 year ago

jasonstiff asks: Okay…I’ll say it…what the hell is Ping? Oops…sorry…what the hell WAS Ping?

» SFB says: Apple’s stunted attempt at a social network, tied very closely to iTunes. Few people used it (partly because the network was mostly inside iTunes and therefore didn’t integrate with the Web or mobile very well), and considering that Spotify runs circles around it on the social media front, it actually probably hurt Apple in the long run, especially because it became one of the sticking points that hurt the company’s recently-mended relationship with Facebook. Famously, it launched with Facebook Connect, then lost it hours later after Facebook took away Apple’s API access because they didn’t run the launch past them first. The situation was part of the reason iOS 5 didn’t have Facebook functionality like Twitter has. — Ernie @ SFB

June 5, 2012
10:47 • 1 year ago
reuters:

Four out of five Facebook Inc users have never bought a product or service as a result of advertising or comments on the social network site, a Reuters/Ipsos poll shows, the latest sign that much more needs to be done to turn its 900 million customer base into advertising dollars.
The online poll also found that 34 percent of Facebook users surveyed were spending less time on the website than six months ago, whereas only 20 percent were spending more.
The findings underscore investors’ worries about Facebook’s money-making abilities that have pushed the stock down 29 percent since its initial public offering last month, reducing its market value by $30 billion to roughly $74 billion.
READ MORE: Facebook comments, ads don’t sway most users: poll

Should Facebook consider a non-advertising model? Perhaps one that gives Facebook Pages extra features and exposure for a monthly fee? A lot of companies would pay for that.

reuters:

Four out of five Facebook Inc users have never bought a product or service as a result of advertising or comments on the social network site, a Reuters/Ipsos poll shows, the latest sign that much more needs to be done to turn its 900 million customer base into advertising dollars.

The online poll also found that 34 percent of Facebook users surveyed were spending less time on the website than six months ago, whereas only 20 percent were spending more.

The findings underscore investors’ worries about Facebook’s money-making abilities that have pushed the stock down 29 percent since its initial public offering last month, reducing its market value by $30 billion to roughly $74 billion.

READ MORE: Facebook comments, ads don’t sway most users: poll

Should Facebook consider a non-advertising model? Perhaps one that gives Facebook Pages extra features and exposure for a monthly fee? A lot of companies would pay for that.

June 1, 2012
01:18 • 1 year ago
Today in the New York Times: One guy’s embarrassing Facebook ad saga hits the front page
Meet Nick Bergus. He’s a pretty cool guy who once linked to an odd product on Facebook as a bit of a joke — a 55-gallon barrel of lube from Amazon.com. Ha ha, funny, right? But the joke was on him, as Facebook’s algorithms started featuring his smiling face in personalized ads featuring the giant barrel of lube. From there, his story spread — first to his personal blog, then to Gawker, with an amazing headline. Now, Bergus’ somewhat embarrassing (but admittedly kind of awesome) tale is on the front page of the New York Times. All because he once linked to a giant barrel of lube. (photo by Stephen Mally/NYT)

Today in the New York Times: One guy’s embarrassing Facebook ad saga hits the front page

Meet Nick Bergus. He’s a pretty cool guy who once linked to an odd product on Facebook as a bit of a joke — a 55-gallon barrel of lube from Amazon.com. Ha ha, funny, right? But the joke was on him, as Facebook’s algorithms started featuring his smiling face in personalized ads featuring the giant barrel of lube. From there, his story spread — first to his personal blog, then to Gawker, with an amazing headline. Now, Bergus’ somewhat embarrassing (but admittedly kind of awesome) tale is on the front page of the New York Times. All because he once linked to a giant barrel of lube. (photo by Stephen Mally/NYT)

May 31, 2012
10:50 • 1 year ago
Twitter is where news breaks; Facebook is where news goes. This is something that members of the media, who live on Twitter and regard Facebook with removed interest, take for granted. The coverage of and discussion about Facebook’s IPO may have been the clearest demonstration yet of one of the few things the service can’t seem to do: Lead the conversation.
BuzzFeed’s John Herrman • Making a wise point about how the Facebook IPO was really a much bigger story on Twitter than Facebook. Part of that, to us, is due to the way the networks work. “The site, as is, is great at building after-the-fact, heavily filtered digests,” Hermann explains, “While Tweets are like free-roaming units of information, Facebook posts live in the context of each users’ friend bubble.” We noticed the same trend when the IPO broke. And it is very telling — a level of engagement FB could never hope to have, even if it’s with a smaller audience.
10:41 • 1 year ago
About time: Facebook now allows fan page owners to schedule their posts and give team member roles to users — and as a result, taking away some of the usefulness of dedicated apps like HootSuite. Took ‘em long enough.

About time: Facebook now allows fan page owners to schedule their posts and give team member roles to users — and as a result, taking away some of the usefulness of dedicated apps like HootSuite. Took ‘em long enough.

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May 30, 2012
21:11 • 1 year ago
May 29, 2012
10:12 • 1 year ago
cnet:

This new Facebook phone: Why would anyone want one?

Rumors have it that the social network is again working on some sort of phone. But what could Facebook put into that phone to make it a must-buy? 

What would you like to see in a Facebook phone?

A screensaver with Mark Zuckerberg’s face constantly staring at us.

cnet:

This new Facebook phone: Why would anyone want one?

Rumors have it that the social network is again working on some sort of phone. But what could Facebook put into that phone to make it a must-buy? 

What would you like to see in a Facebook phone?

A screensaver with Mark Zuckerberg’s face constantly staring at us.

May 27, 2012
15:31 • 1 year ago
May 26, 2012
16:20 • 1 year ago

  • Opera A web browser created by Norwegian company Opera Software, which currently boasts about 200 million users. If you’ve ever surfed the web Nintendo-style, you know Opera — they’re the only browser available for the Wii, among other platforms.
  • Facebook On the heels of their IPO, rumors are flying that the company may purchase Opera and launch their own Facebook web browser. Google Chrome recently became the world’s most used browser, bumping down Internet Explorer to second place. source

Recent posts and stuff we dig:
May 25, 2012
11:46 • 1 year ago
Facebook’s stock sucking again, but that’s not the half of it — reports are coming out that two companies that execute trades for traders have lost between $60 and $70 million on botched trades during the Facebook IPO. It gets worse: NASDAQ is legally only liable to cover $3 million in botched trades in a given month (though NASDAQ is trying to get permission from the SEC to pay up to $10 million), so they might have lost a ton of money because NASDAQ screwed up.

Facebook’s stock sucking again, but that’s not the half of it — reports are coming out that two companies that execute trades for traders have lost between $60 and $70 million on botched trades during the Facebook IPO. It gets worse: NASDAQ is legally only liable to cover $3 million in botched trades in a given month (though NASDAQ is trying to get permission from the SEC to pay up to $10 million), so they might have lost a ton of money because NASDAQ screwed up.

May 24, 2012
22:53 • 1 year ago
You sir make a horrible title.. It should be AWESOME SPECTACULAR PLUGIN RAGES THROUGH FACEBOOK!
Dru Mundorff, the creator of LilyJade, a shady Facebook app • Defending his idea in the comments of Russell Brandom’s BuzzFeed article talking about how shady it is. The cross-platform browser plugin, which tricks users into installing it, replaces all the ads on other sites with his. Classy. He’s made a quarter-million bucks off the thing in just two weeks, has already drawn a comment from Wikipedia, a cease-and-desist from Facebook, is for sale on hacker forums, and and as Brandom points out, what he’s doing is gray-area but legal, since users are installing it themselves. Great. Be careful what you click, guys. This is a new generation of malware. And it works on nearly everything.
18:37 • 1 year ago

  • bought Last month, Facebook CEO Mark Zuckerberg shocked the world by announcing the company’s billion dollar acquisition of social-photo app Instagram. And, while the deal is under investigation by the FTC, few expect any issues.
  • producedFacebook Camera debuted in the iPhone App Store, with several features similar to Instagram.  The company confirmed that Instagram employees did not work on the app; they expect the Instagram deal to close this year.  source

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May 23, 2012
17:20 • 1 year ago
I felt that had Mr. Zuckerberg worn a jacket instead of a hoodie (showing [investors] that he respected them enough to “dress up”), he would have made a statement to them that he cares about their needs, and will act in their best interest. He chose not to make that statement, and the current share price demonstrates that investors have chosen not to support Facebook shares.
Wedbush securities analyst Michael Pachter • Blaming Facebook’s IPO flop on Mark Zuckerberg’s choice of jacket. Well, okay, he didn’t really blame it all on Zuck’s clothes: “The flop is 100% a function of a supply/demand imbalance,” Pachter wrote. “The company and its underwriters misjudged demand, and simply issued too many shares. There is no question that had this deal been 1/3 the size, the market would have absorbed it and the deal price would have held.” source (viafollow)

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