Posts Tagged: ‘Facebook’

Last year, Chris and I did a TechStuff episode about Facebook’s IPO and the controversy surrounding it. Facebook’s opening stock price during its IPO was $38 per share. In theory, a company’s stock price should reflect the value (and potential value) of that company. You take the number of shares that exist, multiply it by the share price and you’ve got a rough estimate of a company’s value. In Facebook’s case, that value amounted to a whopping $16 billion. But questions about Facebook’s real value began to pop up shortly after the IPO and that’s where we run into trouble.

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First, let me say they made me write this. They being the marketing department, the people who make others write about themselves in blog posts about contests that the writer figures into as a prize. Would it be too unsettling to write about myself in third person instead? Let me try that.

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Hot on the heels of recent changes to your Facebook profile is the f8 conference. That’s a developer conference held by Facebook that gives app developers a look into upcoming changes to the platform that will help them design the next generation of Facebook apps. Facebook was kind enough to live stream the keynote presentation of the conference, giving all of us a glimpse into what we can expect (beyond the predictable backlash that always accompanies any change). So what did we learn?

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Today is a day that will live in online social network myths and legends — the day when Google Plus drops the invitation-only requirement and allows anyone to join. It’s also a day that sees Facebook making more changes to the way your news feed displays on your page. Since there’s a long history of Facebook users reacting negatively to changes, this might mean Google Plus will get a boost right out of the gate. But is that boost going to have any staying power at all?

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When it rains, it pours. August tends to be a slow month for tech news. As the month began, it looked like this year would follow the trend as tech bloggers and reporters wait for the inevitable plunge toward the holiday shopping season. But some recent events really generated a lot of news in the technosphere. So much news, in fact, that I need to summarize several stories to catch up.

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The media have been talking about how some rioters in London have been using smartphones and social media sites to coordinate their movements to avoid being caught by the authorities. Zack Whittaker at ZDNet wrote that while some people are using Facebook and Twitter, one of the tools of choice is the BlackBerry Messenger, which encrypts messages so they can’t be read by third parties.

For its part, Research in Motion (RIM), BlackBerry’s parent company, said it would cooperate with the authorities to identify people alleged to have participated in the riots, though according to the BBC the police have to prove they know the identities of the phones’ owners under the Regulation of Investigatory Powers Act before they can acquire the records, rather than searching messages for people using riot-related keywords in text messages, e-mail and social media posts.

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Awesome is one of those words that gets watered down through overuse. Literally, it means something that inspires a feeling of awe. That is, it’s something that fills you with reverence, fear or some other overwhelming emotion. Colloquially, we use it to describe anything that’s impressive or good. Once in a while, we use it for something that is just okay. So where does Facebook’s announcement fall in the spectrum?

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Gather ’round, my friends, and let me tell you a tale of a giant that was brought to its knees. It’s a cautionary tale with a simple moral: Never assume you’ll always be number one. Chris and I have blogged about Myspace before. Back in February, I blogged about News Corp possibly selling the company off to whomever would be willing to take it. Chris blogged about massive layoffs at Myspace. Both of these posts came after Myspace’s attempt at a relaunch that saw the site refocus on becoming an entertainment portal. And now the news is that News Corp has indeed sold off the company at a huge loss.

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Have you ever used Google to search for your own name? If you haven’t, I suggest you give it a try: The results may surprise you. Google probably knows more about you than you’d assume. And, although Google receives a hefty share of criticism for its policies regarding private information, it’s far from the only […]

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Earlier this afternoon, I felt a shudder move through me. At first I couldn’t put my finger on it but Twitter soon solved that problem. I followed the links back to this blog post on Forbes to discovery that social networking behemoth Facebook is buddying up with the digital music service Spotify. Apparently, the plan is to incorporate Spotify into Facebook profiles so that you can listen to music and share it with your friends. It solves a problem Facebook has had for ages — how to incorporate entertainment seamlessly into the Facebook experience.

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