New York: A judge in New York has issued a temporary restraining order on the transfer of Facebook Inc.'s assets, after a suit by a New York man who claims to own an 84 per cent stake in the social-networking company, a media report said on Tuesday.
Paul D Ceglia filed a suit in the Supreme Court of New York's Allegany County ON June 30, claiming that a 2003 contract he signed with Facebook founder and Chief Executive Mark Zuckerberg entitles him to ownership of the company and monetary damages, Wall Street Journal reported on its website.
Judge Thomas Brown, who issued the temporary restraining order earlier this month, is hearing the suit. Facebook has requested that the case be moved to federal court.
Showing posts with label facebook. Show all posts
Showing posts with label facebook. Show all posts
Facebook tie up with Malaysia's MOL for payment credits
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With growing in members, Facebook is partnering with a Malaysian company to sell credits at retail outlets across Asia for the first time, aiming to make it easier for millions of people to purchase virtual goods and play games on the social networking site while boosting revenue for developers.
Electronic payments company MOL, part of the business empire of tycoon Vincent Tan will offer the online currency from Aug. 1 at more than 500,000 outlets including 7-Eleven stores, Internet cafes and online banks in five Southeast Asian countries, India, Australia and New Zealand, company spokesman Nor Badron said Friday.
The move is targeting people who don't have a credit card, particularly younger Facebook users, and those who don't want to take the risk of making electronic payments online.
Electronic payments company MOL, part of the business empire of tycoon Vincent Tan will offer the online currency from Aug. 1 at more than 500,000 outlets including 7-Eleven stores, Internet cafes and online banks in five Southeast Asian countries, India, Australia and New Zealand, company spokesman Nor Badron said Friday.
The move is targeting people who don't have a credit card, particularly younger Facebook users, and those who don't want to take the risk of making electronic payments online.
Lady Gaga is the first to acquire 10 million fans on Facebook, beating U.S. President Barack Obama
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As my previous post reported about this race of acquiring the highest number of fans in facebook, it seem Lady Gaga won the race.
Lady Gaga is the first living music artist to acquire 10 million fans or “Likes” on Facebook, beating U.S. President Barack Obama by around 700,000.
Gaga previously made headlines for being the first currently producing music artist to reach one billion YouTube views, based on data provided by video analytics company Visible Measures.
Her Twitter account, which has more than 4.5 million followers.
Lady Gaga is the first living music artist to acquire 10 million fans or “Likes” on Facebook, beating U.S. President Barack Obama by around 700,000.
Gaga previously made headlines for being the first currently producing music artist to reach one billion YouTube views, based on data provided by video analytics company Visible Measures.
Her Twitter account, which has more than 4.5 million followers.
Facebook has begun testing face detection technology for Facebook Photos.
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Facebook has begun testing face detection technology for Facebook Photos.
The tests, which some users will see , focus on decreasing the tediousness of "tagging" friends in Facebook photos. In the current Photos feature, users upload photos, click on each face in a photo, tag that photo with the friend pictured therein and continue the process until the album is tagged.
The technology is the same as the facial detection technology most digital cameras use today. While the tech itself may not be all that new, it is a clever and very welcomed addition to the Facebook Photos feature set.
The tests, which some users will see , focus on decreasing the tediousness of "tagging" friends in Facebook photos. In the current Photos feature, users upload photos, click on each face in a photo, tag that photo with the friend pictured therein and continue the process until the album is tagged.
The technology is the same as the facial detection technology most digital cameras use today. While the tech itself may not be all that new, it is a clever and very welcomed addition to the Facebook Photos feature set.
Facebook India Office to be setuped in Raheja Mindspace, Hyderbad India.
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The proposals of Facebook India online services, Invesco and Accenture have been cleared by the Development Commissioner of IT SEZs.
Facebook will set up its office in the Raheja Mindspace special economic zone, and will launch its incubator facility in two months. The Hyderabad office will be the first office of the social networking giant in Asia.
Facebook will set up its office in the Raheja Mindspace special economic zone, and will launch its incubator facility in two months. The Hyderabad office will be the first office of the social networking giant in Asia.
Teens Experiencing Facebook Fatigue.[SURVEY]
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Online gaming site Roiworld surveyed 600 teens ages 13 to 17 in late April and found that teens spend two hours per day online on average, 80% of which is spent using a social network. These same teens are, however, showing signs of “Facebook Fatigue.” Nearly one in five (19%) who have an account no longer visit Facebook or are using it less.
Of the group that are saying goodbye to Facebook , 45% have lost interest, 16% are leaving because their parents are there, 14% say there are “too many adults/older people” and 13% are concerned about the privacy of their personal information.
Of the group that are saying goodbye to Facebook , 45% have lost interest, 16% are leaving because their parents are there, 14% say there are “too many adults/older people” and 13% are concerned about the privacy of their personal information.
70,000+ People Get Facebook Tagged in Panoramic Photo
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Glastonbury Festival, the legendary UK music and performing arts event, a huge photo was taken of 70,000 enthusiastic fans.
This photo is being circulated around the web and tagged via Facebook Connect. The panoramic photograph has already been tagged with thousands of people and is, in all likelihood, the most-tagged photo in existence.
The Glastonbury Festival is the largest open-air music and performing arts festival in existence. Although Glastonbury is best known for showcasing musical groups, it also features dance, cabaret, theater, comedy, circus and other types of acts.
Google to Rival Facebook with a New Social Networking Site?[RUMOUR]
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Citing a "very credible source," Digg founder Kevin Rose tweeted that Google is readying "Google Me," a social service intended to compete with Facebook.
Although Google tried to foray in Social Networking with its Buzz but it was a complete failure.
Although Google tried to foray in Social Networking with its Buzz but it was a complete failure.
First Look: “The Social Network” [VIDEO cum PIC]
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Columbia Pictures has just released the very first teaser trailer for its upcoming film.
The Social Network, otherwise known as “the Facebook movie,” is based in part on the book The Accidental Billionaires. It chronicles the formative days of Facebook, from its founding in Mark Zuckerberg’s Harvard dorm room through its early rise to success.
Written by Aaron Sorkin and directed by David Fincher, the film stars Jesse Eisenberg as Zuckerberg. It hits theaters this October.
Obama, Lady Gaga compete for Facebook fan record.
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Facebook publicists told CNN on Thursday that the pop star and the president are neck-and-neck in the race to become the first living person with more than 10 million fans on the social networking site.
As of early Friday, Obama was in the lead, with 9,058,881 fans. Lady Gaga trailed behind with 9,023,966.
Both of them were more than 4 million fans behind the No. 1 individual, Michael Jackson, who had 13,285,811. The singer died a year ago.
Obama's page, which is run by the group Organizing for America, includes photographs of his recent Gulf Coast visit and links to speeches from news conferences.
As of early Friday, Obama was in the lead, with 9,058,881 fans. Lady Gaga trailed behind with 9,023,966.
Both of them were more than 4 million fans behind the No. 1 individual, Michael Jackson, who had 13,285,811. The singer died a year ago.
Obama's page, which is run by the group Organizing for America, includes photographs of his recent Gulf Coast visit and links to speeches from news conferences.
Apple, Google more trusted than Facebook, Twitter.
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Americans trust technology heavyweights such as Apple, Google and Microsoft more than social networking sites like Facebook and Twitter, according to a new poll.
Nearly half of 2,100 adults questioned in a Zogby Interactive survey said they trusted the big three technology firms "completely" or "a lot," compared to eight percent for Twitter and 13 percent for Facebook.
But all of the companies rated higher than traditional media.
John Zogby, the president and CEO of Zogby International, said big companies have had the time to build brand equity, while Facebook and Twitter do not have the corporate identity.
Nearly half of 2,100 adults questioned in a Zogby Interactive survey said they trusted the big three technology firms "completely" or "a lot," compared to eight percent for Twitter and 13 percent for Facebook.
But all of the companies rated higher than traditional media.
John Zogby, the president and CEO of Zogby International, said big companies have had the time to build brand equity, while Facebook and Twitter do not have the corporate identity.
Facebook Location Features similar to Twitter Confirmed and will be out Soon.
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Mark Zuckerberg confirmed to press in London today that Facebook will indeed be launching location-based features in the near future.
According to reports, the young CEO told attendees at a local Facebook Developer Garage event, “We are finishing designing our application soon and hope to offer it soon.”
In March, The New York Times reported that location features would be launching in April. In May, Advertising Age said location would come to Facebook in June.
According to reports, the young CEO told attendees at a local Facebook Developer Garage event, “We are finishing designing our application soon and hope to offer it soon.”
In March, The New York Times reported that location features would be launching in April. In May, Advertising Age said location would come to Facebook in June.
Facebook Posts to Appear in Real-Time Search Results.
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OneRiot, one of the world’s leading real-time search engines, which will provide the search results of Facebook posts.
OneRiot already pulls data from blogs, Twitter, Digg and millions of other sources all over the social web.
Facebook data that will appear in OneRiot search results include publicly shared links on user profiles and publicly “liked” stories from all over the web.
This news comes just a few days after Bing announced it would be serving Facebook and Twitter posts in search results, too. Google also added Facebook Pages to its real-time search offering in February this year.
OneRiot already pulls data from blogs, Twitter, Digg and millions of other sources all over the social web.
Facebook data that will appear in OneRiot search results include publicly shared links on user profiles and publicly “liked” stories from all over the web.
This news comes just a few days after Bing announced it would be serving Facebook and Twitter posts in search results, too. Google also added Facebook Pages to its real-time search offering in February this year.
There is no need to pay for the usage of Facebook.
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If you go to Facebook.com and search for the terms "Facebook free" or "Facebook charge," you'll find hundreds of groups with names like, "If 1 Million People Join Before 9th July 2010 Facebook Will Stay Free!" or "If Facebook Charges A Fee We Will Discontinue Using It." Some of these groups have dozens of users, others have thousands.
During a recent press conference, Facebook CEO Mark Zuckerberg said while Facebook users do care about privacy, the question of whether or not Facebook will eventually charge for its service is actually a much bigger concern among the site's 500 million users.
But are these fears justified?
During a recent press conference, Facebook CEO Mark Zuckerberg said while Facebook users do care about privacy, the question of whether or not Facebook will eventually charge for its service is actually a much bigger concern among the site's 500 million users.
But are these fears justified?
Facebook earned $ 800 mn in 2009.
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Facebook's financial performance is stronger than previously believed, as the Internet social network's explosive growth in users and advertisers boosted 2009 revenue to as much as $ 800 million, according to two sources familiar with the situation.
The company also earned a solid net profit, in the tens of millions of dollars last year, one of the sources said.
That growth in profit and revenue underscores how Facebook is increasingly making money off its 6-year-old service, which ranks as the world's largest Web social network with nearly half a billion users.
That sort of performance is likely to whet the appetites of investors keen for a public share float, despite the company's insistence that an IPO is not a near-term priority.
The company also earned a solid net profit, in the tens of millions of dollars last year, one of the sources said.
That growth in profit and revenue underscores how Facebook is increasingly making money off its 6-year-old service, which ranks as the world's largest Web social network with nearly half a billion users.
That sort of performance is likely to whet the appetites of investors keen for a public share float, despite the company's insistence that an IPO is not a near-term priority.
Now App Helps Charities Make Money Online
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Getzy Fellig, the company’s co-founder and CEO, said in a release “We want to change everything about the way people think, the way people give and the way organizations receive. The availability of our new mobile and Facebook apps blends the best parts of mobile giving ‘any time from anywhere’ with the fun, accessibility and enjoyment of social networking.”
Src & Text: [mashable]
Rogue Facebook App on the spamming spree.
Over 190,000 people have so far clicked on a link sent by a rogue Facebook application, which tempts users into giving the application access to their Facebook profile in exchange for seeing a "shocking video" of what is alleged to be a teacher physically assaulting a boy.
Clicking on the bit.ly link redirects Facebook users to a page promoting a Facebook application called "Teacher nearly kills a 13 year old boy. SHOCKING!", which offers what appears to be a video thumbnail of the attack and the encouragement to "Click here, then ALLOW, to see the shocking video".
However, if you are tempted to follow the on-screen instructions to view the video you will also be allowing the third-party application to gain access to your profile, and to repost the spam message to your own wall.
Clicking on the bit.ly link redirects Facebook users to a page promoting a Facebook application called "Teacher nearly kills a 13 year old boy. SHOCKING!", which offers what appears to be a video thumbnail of the attack and the encouragement to "Click here, then ALLOW, to see the shocking video".
Facebook Fans Spend More Money.
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A social media marketing company called surveyed surveyed 4,000 people who have “Liked” the top 20 brands that have pages on Facebook and figured out exactly how valuable those “fans” are.
The study (“The Value of a Facebook Fan: An Empirical Review”) estimates that someone who has Liked a brand will spend an average of $71.84 more each year on that brand’s products or services than will someone who has not Liked it on Facebook, for a total average annualized value of $136.38.
This method is very different than the one employed by Vitrue in another fan value study a month ago. Vitrue’s method valued fans by figuring out how much it would cost to buy advertising on a website to reach the same people.
The study (“The Value of a Facebook Fan: An Empirical Review”) estimates that someone who has Liked a brand will spend an average of $71.84 more each year on that brand’s products or services than will someone who has not Liked it on Facebook, for a total average annualized value of $136.38.
This method is very different than the one employed by Vitrue in another fan value study a month ago. Vitrue’s method valued fans by figuring out how much it would cost to buy advertising on a website to reach the same people.
New facebook design being tested.
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Facebook confirmed they are testing this new look in an email to us this afternoon, writing, “we’re currently testing different variations and designs of our Publisher. As with many of our features and products, we’re constantly making tweaks to test performance and usability.”
US mom finds missing kids using Facebook.
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San Bernardino: A Southern California mother whose two children were reported missing 15 years ago has tracked them down in Florida using Facebook.
San Bernardino Deputy District Attorney Kurt Rowley says Faustino Utrera, the father of the boy and girl, took off with them in 1995 when they were ages 2 and 3.
Rowley says recently the mother typed one of the children's names into Facebook and a listing for her daughter, now a teenager, came up.
The mom contacted authorities, who tracked the Facebook profile to Orlando, Florida.
Utrera was arrested and charged with kidnapping and violating child custody orders. The Florida Department of Children & Families says themom is trying to build a new relationship with the children.
San Bernardino Deputy District Attorney Kurt Rowley says Faustino Utrera, the father of the boy and girl, took off with them in 1995 when they were ages 2 and 3.
Rowley says recently the mother typed one of the children's names into Facebook and a listing for her daughter, now a teenager, came up.
The mom contacted authorities, who tracked the Facebook profile to Orlando, Florida.
Utrera was arrested and charged with kidnapping and violating child custody orders. The Florida Department of Children & Families says themom is trying to build a new relationship with the children.
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