Inside these posts: Social media

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Jan. 26 at 10:26 a.m.
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Filed under: Internet, Privacy issues

Zuckerberg’s Facebook page hacked

By CNN

Facebook founder Mark Zuckerberg’s fan page was hacked Tuesday — a high-profile breach on a site that constantly faces scrutiny about its handling of its members’ private data.

The message that appeared on Zuckerberg’s page under his name read: “Let the hacking begin: If Facebook needs money, instead of going to the banks, why doesn’t Facebook let its users invest in Facebook in a social way? Why not transform Facebook into a ’social business’ the way Nobel Price winner Muhammad Yunus described it? http://bit.ly/fs6rT3 What do you think? #hackercup2011″ Get the full story »

Jan. 25 at 6:01 p.m.
14 comments
Filed under: Advertising/Marketing, Internet

Facebook posts to start showing up in ads

By Dow Jones Newswires-Wall Street Journal

Some of what Facebook Inc. users post to the social network will soon start showing up in ads aimed at their friends.

The company, as part of an effort dubbed “sponsored stories,” plans to allow advertisers to buy and republish Facebook messages that users voluntarily post about brands — such as a check-in at a local coffee shop or a product on a shopping site for which a user clicks the site’s “like” button. Get the full story »

Jan. 24 at 11:30 a.m.
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Filed under: Airlines, Airports, Internet

JetBlue fliers can score points from Facebook Places

Mashable | JetBlue has instituted a program under which passenger who check into various airports via Facebook Places can accumulate points to trade in for flights.

Jan. 24 at 7:59 a.m.
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Filed under: IPOs, Internet

Groupon not committed to IPO, CEO says

From Bloomberg News | Groupon Inc., which last month rejected a $6 billion takeover offer from Google Inc., isn’t convinced it will sell shares in an initial public offering anytime soon, said Chief Executive Officer Andrew Mason. Get the full story>>

Jan. 21 at 3:42 p.m.
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Filed under: IPOs, Internet

Facebook raises $1.5B from investors

By Associated Press

Facebook says it has raised $1 billion from non-U.S. investors through Goldman Sachs.

Combined with a $500 million investment from Goldman, funds Goldman manages and Russia’s Digital Sky Technologies in December, the investments value Facebook at $50 billion. Get the full story »

Jan. 18 at 10:34 a.m.
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Filed under: Internet, Privacy issues

Facebook acts to make users’ data more secure

By Associated Press

Facebook says it has disabled a feature that let users share their address and phone number with external Web sites and applications after criticism from security experts.

Facebook said in a blog post Tuesday that it is changing the feature to ensure that users share information only when they want to. Users, for example, could share their address with applications such as shopping Web sites for easier access. Get the full story »

Jan. 17 at 1:26 p.m.
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Filed under: Internet, Privacy issues

Facebook to provide access to users’ data

By Los Angeles Times

Facebook has quietly opened the door for app developers to request a user’s addresses and phone numbers.

The most popular social media site in the world announced the move on its Facebook Developer blog, in a post Friday night by developer liaison Jeff Bowen.

So far, Facebook has failed to mention the change on its general announcement blog for users or any other network-wide methods. The company has dealt with privacy concerns for years, with a focus of criticism being third-party app makers’ access to user data.

For Facebook users, this means address and phone numbers listed in their profile will be given to a developer who requests such information by way of the “Request for Permission” dialog box that pops up when a user begins the process of adding an application to their profile.

Jan. 17 at 12:38 p.m.
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Filed under: International, Internet, Investing

Goldman to sell Facebook shares abroad only

By Reuters

Goldman Sachs has decided to limit its private placement of Facebook shares to investors outside the United States, citing “intense media coverage,” according to the investment bank. Get the full story »

Jan. 17 at 6:51 a.m.
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Filed under: Advertising/Marketing, China, International

Groupon talks with China’s largest Internet co.

By Dow Jones Newswires

Groupon is in talks with Chinese Internet giant Tencent to form a partnership to accelerate its effort in the critical Asian arena, said several sources with knowledge of the situation.

Terms of the deal are unclear, but sources said that it is likely to involve some sort of co-branded joint venture effort between the two–a key strategic move for Groupon given the hard-to-penetrate-if-you’re-not-Chinese Chinese market. Get the full story »

Jan. 17 at 6:03 a.m.
7 comments
Filed under: Advertising/Marketing, International

Groupon CEO apologizes to Japanese customers

By Associated Press

Groupon CEO Andrew Mason in a video to Japanaese customers. (YouTube)

The chief executive of Groupon, the rapidly growing online coupon provider, apologized to Japanese customers Monday for a New Year’s deal gone wrong that highlighted the difficulties the company faces in managing its global expansion.

In a subtitled video message uploaded onto YouTube, the company’s founder and CEO Andrew Mason acknowledged that the company had “really messed up” and outlined steps it was taking to rebuild its tarnished image in Japan. Get the full story »

Jan. 14 at 5:46 a.m.
20 comments
Filed under: Advertising/Marketing, IPOs, Internet, Technology

IPO could value Groupon at $15 billion

New York Times News Service | Groupon, the social buying site that spurned a $6 billion offer from the search giant Google, is pushing ahead with plans for its initial public offering, a debut that could value the company at $15 billion or more.

The company, which just raised a record $950 million from big investors, discussed a public offering with bankers this week, according to two people with knowledge of the deal who were not authorized to speak publicly on the matter. Banks are pitching Groupon on dizzying valuations at which they expect to take the company public, with many at $15 billion. Get the full story »

Jan. 13 at 3:21 p.m.
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Filed under: Technology

Social gaming market to pass $1 billion in 2011

By Reuters

The social gaming market is expected to pass $1 billion this year, thanks to a rising number of users and a projected increase in advertising, according to research group eMarketer.

That marks a 28 percent increase over last year’s market, which totaled $856 million.

Nearly 62 million Internet users in the U.S. — or 27 percent of web surfers — are expected to play at least one game on a social network per month in 2011, up from 53 million last year, eMarketer said. Get the full story »

Jan. 13 at 6:47 a.m.
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Filed under: Internet

On 10th anniversary, Wikipedia aims for diversity

By Associated Press

Sue Gardner, executive director of the Wikimedia Foundation. (Getty)

As online encyclopedia Wikipedia nears its 10th birthday on Saturday, its leaders are seeking a more diverse group of editors — specifically, women, people in developing countries and people with expertise in assorted disciplines.

Wikipedia is about to open an office in India and wants to expand further in Brazil, Egypt and other Middle Eastern countries. Today, 20 percent of the site’s pages are written in English, but the organization expects that to change over the next 10 years. Get the full story »

Jan. 12 at 12:26 p.m.
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Filed under: Internet, Media, Telecommunications

Amber Alerts come to Facebook

By Associated Press

Amber Alerts, which have helped find 525 missing children since their start in 1996, are coming to Facebook. Get the full story »

Jan. 11 at 7:27 a.m.
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Filed under: Internet, M&A

Groupon makes aquisitions in S. Africa, Israel, India

From Tech Crunch | Fresh off its billion dollar funding round, Groupon has snapped up more international competitors: Israel’s Grouper, South Africa’s Twangoo and India’s SoSasta. All sites will take the Groupon name. Terms of the deals were not disclosed. Get the full story>>

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