Just because a social network is popular doesn’t mean it’s so easy to monetize, as News Corp. found out after its purchase of MySpace. Analysts have tried to extend MySpace’s trouble to other social networks while balking at Facebook’s $15 billion valuation. But after speaking with Facebook’s Kent Schoen about the social network’s fairly precise ad targeting, skeptics could be won over.
Facebook Facing Another ConnectU Challenge
Although the two sides signed a settlement of ConnectU’s suit against Facebook, ConnectU claims new evidence merits an end to that agreement.
Facebook Letting Some Users Rate Ads
Given the option of voting ads "up" or "down," a natural response is to either vote them all down (who likes ads?) or ignore the issue (since any participation would waste time). Still, Facebook’s allowing some users to have a say which is a move in the right direction.
Facebook’s Privacy Practices Subject Of New Complaint
Canadian law students are causing trouble for a certain social network. The University of Ottawa-based Canadian Internet Policy and Public Interest Clinic (CIPPIC) has filed a complaint with the Office of the Privacy Commissioner over Facebook’s practices.
Teens Facebook Party Trashes $8 Million Home
A family from Britain had their $8 million Spanish home vandalized by 400 teenagers after the owner’s 16-year-old daughter put invitations to a party on social networking sites Facebook and Bebo.After invitations to the party were posted rumors began to circulate that Jodie Hudson’s parents did not care if their seven-bedroom home was destroyed because they were getting a divorce.
Facebook Opens Sandbox For New Profile Design
After all the hubbub earlier this week, it seemed possible that Facebook would roll out its new profile design in time for the three-day weekend. Instead, the company has taken the half-step of opening a beta sandbox to developers.
Facebook’s New Profile Design
Come on, you know you have those Facebook friends whose profile pages look like their MySpace exploded: their profile takes forever to load, their page is six “page downs” long (well, longer, but you’ve never actually made it to the bottom) and they never met an app they didn’t like. Well, Facebook is trying to do something about that.
Month-To-Month Facebook Traffic Falls By Ten Percent
Earlier this year, several research companies recorded a decrease in traffic to Facebook, and all sorts of people began to characterize the site as a passing fad. Then it turned out Facebook had experienced similar dips before, and the talk subsided. This time, Facebook might not be so lucky.
Facebook Turns Down Beer Pong Challenge
Ahhh. The time killing game of beer pong. For those of you who have never played beer pong (or have so severely lost that you no longer remember playing), this is truly a game of wit and fortitude. All you need to play is a ping pong ball, plenty of beer, and a few cups. Team up, take turns throwing the ping pong ball at your opponents cups (filled with beer of course), and every time you land in the cup the opposing team drinks the beer.
Facebook Blocking Google’s Friend Connect For Privacy Issues
My ex-boss, John Furrier, goes after Facebook after Facebook blocked Google’s Friend Connect from using its API to inport friends from Facebook into Google’s Friend Connect.