Federal Trade Commission is investigating the proposed Facebook’s Instagram deal. Facebook has struck deal with Instagram to buy it at a price of $1 billion. Financial Times has reported that such scrutinies generally take between six months to one year for their completion. If the scrutiny extends to such duration, then the expected closure of the deal in the second…
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Reasons Why Facebook Bought Instagram
Facebook plans to go public with a stock offering of around $5 billion but it is making some strategic acquisitions before that. A few months ago it acquired Gowalla and now it has bought photo sharing service Instagram for $1 billion. Instagram was founded in 2010 as an iPhone app. It now has an Android app as well. The service allows users…
Read more... »Facebook Sets High Growth Target In Advertising
Facebook users will soon be witnessing an increased flow of advertisements on the world’s most popular social network. The ads would be flowing in all directions including mobile, newsfeed and even at the time of your logging out. The company has recently announced that it plans to launch many new advertising products with the ultimate aim of giving more exposure…
Read more... »Congress Looking to Keep Tabs on Facebook Over New Privacy Controls
Over the years, Facebook has taken a lot of heat for their privacy control options. Facebook has a history of sharing users information without permission in a variety of different ways. In recent years, Facebook has ensured that there were ways to control what information users wanted to share but, unfortunately, these controls were not always user friendly. With their…
Read more... »The Sims Now on Facebook
The Sims has long been a treasured game by millions of gamers. Now, The Sims has come out of beta testing and Facebook users can sign up and play one of their favorite games on their favorite social media site. The Sims Social is Electronic Arts’ entrance into the Facebook gaming world and has had over 4 million users sign…
Read more... »Facebook Finally Offers Better Privacy Controls
Facebook may have over 250 million user accounts worldwide, but there are plenty of people who avoid the popular social media site. The main reason for the Facebook avoidance is concerns over privacy. Facebook has a long history of privacy complaints when using their site. This month Facebook has announced that they have improved many of the areas of the…
Read more... »Skype to Buy GroupMe
Skype has announced that it is in talks to buy the group messaging company, GroupMe. Details of the deal have yet to be announced, but rumors are that Skype could be shelling out $85 million to close the deal. In a world where all the new toys seems to be happening in the mobile industry, there are similar offerings expected…
Read more... »Linked In Bumps MySpace for #2 Spot
There is no denying that MySpace was the king of social media way before the terminology, or Facebook, ever existed. MySpace allowed users to friend each, comment on each other’s pages, display favorites including music and TV, journal, and design their pages to fit their personalities. Everyone who was anyone was on MySpace back in 2005, even if they didn’t…
Read more... »Ohanarama: Family Social Network
With the dangers of the Internet, it can be hard to find websites that are truly safe for our children. There are so many dangers lurking on the Internet from extreme situations like stalkers to frustrating computer viruses. With the popularity of social networks, there are already tons of children with their own Facebook profiles. Learning to use the Internet…
Read more... »Facebook adding video chat, redesigning chat interface
For the past several years we have seen Facebook raise to become the most used social networking site around the world. One the 6th of July this year, Facebook founder, Mark Zuckerberg, unveiled the new Facebook features and facilities at the sites headquarters in Palo Alto. The Facebook features were made so that they could compete with the Google+ threat….
Read more... »The End of Spam?
Beginning in August 2010, the amount of spam or junk email has taken a huge hit. It is causing the industry to wonder why spam has suddenly taken a dive and what caused it to have such a big decline. In fact, spam seems to have decreased up to 75% compared to what it had been in early 2010. At…
Read more... »Google+ Wants To Be All That Facebook Is Not
During the last week of June, Google quietly launched their newest online social networking attempt. They are calling it Google+ and the company is hoping that the site will be able to rival the king of social networking sites, Facebook. Currently Google+ has admitted only a few users by invitation only. They are calling it their field trial of the…
Read more... »The New Winklevoss Case – What’s It All About?
When the Winklevoss twins lost their case against Facebook, and decided not to take the matter to the Supreme Court, most people thought that the battle between them and the world’s favorite social networking mega corporation was over. That is, however, not the case. The twins, Tyler and Cameron, and their legal team, have abandoned their legal battle in…
Read more... »Clash of the Titans – Why Facebook Squared Up to Google
When anyone these days thinks of the internet, there are a few names that instantly come to mind. Google and Facebook are certainly at the very top of that list. However, while the two have co-existed relatively peacefully since Facebook’s launch in 2004, recent events, in the form of a smear campaign by Facebook against the world’s favorite search engine…
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