The popularity of social networking has reached such an extent that people across the world not only want to name their children after Facebook but now places are being named in its honor. We are talking about an island in Croatia, which is getting the name Facebook, reports Croatian Times. The move has been initiated [...]
Facebook is now competing with hot-performing Groupon. Following the path blazed by deals site Groupon, Facebook will launch a deals service on Tuesday in five cities in the US. Deals sites offer discounts usually amounting to 50 percent off or more on offers made by local businesses. Analysts will be closely watching as Facebook tries [...]
U.S. President Barack Obama, during his much anticipated town hall meeting at Facebook headquarters in Palo Alto, California last week, described the state of the country’s current finances as “unsustainable” and called the budget plan put forward by House Republicans “fairly radical”. The president, who is on a cross country trip to push his deficit [...]
US President Barack Obama will host a webcast from Facebook’s headquarters in San Francisco this Wednesday afternoon, the White House has revealed. The webcast will be a platform for Obama to layout his plans, which includes increased taxes to be levied on the nation’s richest people, in the government’s fight against a growing budget deficit. [...]
World’s largest social networking site Facebook has raised the prices for pay per click (CPC) advertising by 40% over the first three months of 2011 compared with the previous quarter on the back of strong demand from advertisers, says a data released by marketing company Efficient Frontier that helps companies buy online ads . “Advertisers [...]
After an important decision on Monday, the Winklevoss twin’s bid in claiming that Facebook was stolen from them by young billionaire Mark Zuckerberg may have come to an end. According to a decision handed down by the Ninth Circuit Court of Appeals, the Winklevosses are not alone in cases like the one they filed. “The [...]
President Barack Obama is kicking off his 2012 re-election campaign with a visit to Facebook CEO Mark Zuckerberg in Silicon Valley for a town hall meeting on Facebook. The president will then travel to San Francisco for a number of high priced fund raising events, one of which will be hosted by Mark Benioff, [...]
Nowadays, a lot of social network sites have sprouted to cater to the different demands of groups. With Facebook, however, health authorities are warning the public against the potential risks involved in the use of the site. Specifically, researchers are associating the occurrence of depression amongst the teenage users. Dr. Gwenn O’Keeffe, the lead author [...]
Facebook is thinking of letting its employees sell shares in a tender offer worth up to $1 billion, popular technology blog All Things Digital reports. The news comes from sources of the blog saying that Facebook may let its employees sell shares they own of the company to institutional investors. If the tender offer goes [...]
Google Inc. and Facebook Inc. are still interested in buying Twitter, maybe at a sum as large as $10 billion, according to The Wall Street Journal. Previously, a report from research firm eMarketer revealed that Twitter made an estimated $45 million from advertising in 2010 and projected that it will earn $150 million in 2011. [...]
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