Facebook’s life as a public company has been a nightmare from day one, and the pain continued on Thursday as some company insiders got their first chance to dump shares. Facebook stock hit a new intra-day low of $19.69 Thursday morning, and ended the day 6.3% lower at $19.87. About 22 million shares changed hands …
Your friends don’t need to know about every song you hear on the radio. That’s the position Pandora has taken toward a new Facebook feature that lets users automatically publish information to their profiles about songs they listen to, videos they watch and articles they read. Pandora, which makes the popular personalized Internet radio service, …
Users typically have a far larger number of friends on the social network than they are able to see in person regularly. The greater numbers of these distant friends mean that, collectively, they are more influential than a users’ close friends. Facebook has been eager to demonstrate that social networks do not create an ‘echo …
Facebook has reportedly acquired location-based social service Gowalla, an unnamed source close to the company told CNN Money on Friday evening. When asked for comment, a Facebook spokesperson wrote, “We don’t comment on rumors and speculation.” A Gowalla rep was not immediately available. Gowalla in September announced that it had redesigned its mobile app and …
For the past couple of years, the potential for Facebook to go public has been bandied about a lot in tech circles, with more and more of the digital tea leaves suggesting that the social-networking juggernaut will, in fact, one day become a publicly traded commodity. The speculation has heated up again this week. And, …
Google Inc and Facebook trotted out a variety of new social networking features in back-to-back announcements Tuesday, underscoring their intensifying competition for Web surfers. Google integrated its flagship search engine into its 3-month old social network — with membership now open to the Internet public — and expanded its “Hangouts” video-chat feature to allow mobile …
Paul Adams is one of Silicon Valley’s most wanted. He’s an intellectually minded product designer with square-framed glasses, a thick Irish accent, and a cult following of passionate techies. As one of Google’s lead social researchers, he helped dream up the big idea behind the company’s new social network, Google+: those flexible circles that let …
President Obama used it to get elected. Dell will recruit new hires with it. Microsoft’s new operating system borrows from it. No question, Facebook has friends in high places. Can CEO Mark Zuckerberg make those connections pay off? (Fortune Magazine) — Facebook held no appeal for Peter Lichtenstein. The New Paltz, N.Y., resident had checked …