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Monday, May 07, 2012
Analysts Bullish So Far On Facebook IPO
Analysts are starting to chime in on Facebook's May 18 initial public offering, and so far, the chiming has been in harmony with the social network. According to The Wall Street Journal's Deal Journal blog: Sterne Agee initiated coverage of the Facebook IPO Monday, rating it as a "buy." Wedbush Securities got into the act Friday, assigning Facebook stock a rating of "outperform" and a price target of $44 per share. Evercore Partners Analyst Ken... read more>>
'New York' Cover: Facebook CEO Mark Zuckerberg
We admit to going ape-wild at the sight of our belovedly snarky, smart, sharp New York magazine taking a stab at telling the story of Mark Zuckerberg's transcendence as boy-man co-founder and chief executive officer of the company he started and wrote the initial code for in 2005. Now that the company is valued at around $86 billion, making his lion's share some $25 billion, the article takes a look at his... read more>>
Star Emerges At Facebook: Product VP Chris Cox
It's not Facebook Co-Founder and Chief Executive Officer Mark Zuckerberg who is gobbling up the spotlight in the social network's initial public offering video roadshow in the role of master storyteller. Nor is it Chief Operating Officer Sheryl Sandberg. If you guessed Chief Financial Officer David Ebersman, you guessed wrong. Instead, Vice President of Product Chris Cox steals the show. The 29-year-old is said to be a good counterpart to Zuckerberg, and... read more>>
Report: Facebook Campus Networks Form Based On Housing, Graduation Year
When people connect to college friends on Facebook, networks tend to form around graduation year and university housing, rather than shared interests, finds a new University of North Carolina at Chapel Hill study. Researchers studied the first colleges and universities to have students, faculty, or staff join Facebook in September 2005. As members joined, social networks formed. Using community-detection techniques, researchers were able to identify groups within each network. University networks that had groups... read more>>
Facebook's Uphill Battle Vs. Child Pornography
The uphill battle that Facebook faces on a daily basis to curb inappropriate content such as child pornography was brought to the forefront again in a report by WND about its continuing presence on the social network. WND created fake Facebook profiles and was able to access "dozens" of child-porn images after friending pedophiles and predators who did little to mask their intentions, listing interests such as thirteen, Lolita, Justin Bieber, incest,... read more>>
EdgeRank Checker Now Updates Facebook Analytics Every Five Minutes
Facebook analytics provider EdgeRank Checker has gone real-time, well, almost: Post-level analytics for the social network are now updated approximately every five minutes. EdgeRank Checker introduced a beta version of its new dashboard to monitor Facebook metrics, available free of charge for its Pro users, but the company said users must remain within the tool in order for it to collect and update the metrics. Users can filter the following metrics, by either... read more>>
HootSuite Takes Aim At Businesses' Facebook, Social Media Teams
Social media management platform HootSuite is looking to carve its niche into the business market with today's launch of HootSuite Teams, a suite of tools designed to further collaboration within businesses. HootSuite said its corporate clients have tripled over the past year, with its social media dashboard now in use at two-thirds of the Fortune 100 companies, and adding that it has seen social media teams at companies expand from one specialist... read more>>
Trending: Facebook Cash Mobs Boost Small, Local Businesses
Have you seen a Facebook post for a cash mob? We haven't, but by the sounds of it, we sure would like to. Cash mobs, often planned and announced on Facebook, are trending in the social media sphere, according to New York Women in Communications. They are a way to get people living in the same neighborhood or town to meet up (yes, in person, how crazy!) in a group effort to... read more>>
Post-Facebook IPO: Is China On The Horizon?
Persistence pays, goes the motto, and, in some cases, more handsomely than others. Facebook's ambition to pursue a business relationship with China has not dwindled, and if anything, the company's May 18 initial public offering makes the proposition even more enticing, with the potential to double the worth of the social network for investors. By some estimates, entering China could add to the more than 900 million users Facebook already has by... read more>>
E*Trade Might Be Average Investors' Best Bet For Facebook IPO
Investment king Warren Buffett said Friday that he will not buy Facebook shares when the company's initial public offering launches May 18. But what about average investors who want to get in on the action? Might E*Trade be able to come to their rescue? CNNMoney reported that the addition of E*Trade to the list of its IPO underwriters, now numbering 33 in total, may be aimed at giving the average investor a... read more>>
Facebook Responds To Blocked Robert Scoble Comment
Tech blogger and Rackspace Startup Liaison Officer Robert Scoble got mixed up in a minor brouhaha with Facebook over the weekend regarding a comment he tried to leave on the Facebook page of Max Woolf, which the social network did not allow him to post. To Facebook's credit, the social network responded rapidly to Scoble's concerns. While Scoble's total of more than 240,000 followers on Facebook and his influence within the tech... read more>>
Another Facebook Acquisition: Mobile App Glancee
Facebook's May 18 initial public offering hasn't slowed its acquisition frenzy, as the social network gobbled up location-based mobile application Glancee for an undisclosed amount. One of the rumored reasons for the delay of the IPO was the revised paperwork Facebook had to file with the Securities and Exchange Commission following its $1 billion acquisition of photo-sharing service Instagram and its purchase of about 650 former AOL patents from Microsoft for $550... read more>>
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