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Tag: Facebook


Photo by jpellgen

What We Learned About Wall Street and Big Business From Facebook’s IPO

In the span of less than a week, Facebook’s much-maligned initial public offering has led to billions in losses, multiple investigations and even lawsuits. The mess created from all this chaos, however, has led to some lessons about how Wall Street and big businesses play the system for their own economic advantages.

Posted on May 24, 2012 READ MORE



Talk Radio News Service

Schumer ‘Appalled’ by Conservative Reaction to Tax-Dodger Bill

Sen. Chuck Schumer is ripping conservatives for their response to legislation he co-sponsored that would punish those who renounce their citizenship to avoid paying taxes. The bill was introduced after Facebook co-founder Eduardo Saverin gave up his U.S. citizenship right before he was expected to earn billions from the company’s much anticipated IPO.

Posted on May 24, 2012 READ MORE



Wired Photostream (creative commons)

Facebook Sued by Investors Over IPO

Facebook faced more bad news Wednesday in the wake of its botched initial public offering. Shareholders filed a lawsuit against the social networking company, lead underwriter Morgan Stanley and several other Wall Street banks, alleging that they misled them about Facebook’s revenue projections ahead of the IPO.

Posted on May 23, 2012 READ MORE



birgerking

Facebook’s Fumbled IPO Under Scrutiny

The fallout over Facebook’s botched IPO continued on Tuesday with a lawsuit filed against NASDAQ over mishandled orders and word that regulators may investigate Morgan Stanley, which helped set the price of the stock, and other underwriting banks.

Posted on May 22, 2012 READ MORE



deneyterrio (CC BY 2.0)

Mark Zuckerberg Just Lost $2 Billion

Mark Zuckerberg’s fortune dropped $2 billion Monday as shares of Facebook tumbled to $34.03, 11 percent below their initial public offering price of $38. The loss prompted analysts and buyers to wonder whether the company was overvalued at the $105 billion it gained on the day of its IPO.

Posted on May 21, 2012 READ MORE


United States of Zuckerberg

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Posted on May 18, 2012 READ MORE



Photo by Guillaume Paumier

Facebook IPO Expected to Raise $16 Billion

Investors raced to get a piece of the Facebook pie Thursday, as one of the most eagerly anticipated initial public offerings finally became available to a select few.

Posted on May 17, 2012 READ MORE



Andrew Feinberg (CC BY 2.0)

Bill Takes Aim at Facebook Co-Founder’s Tax Scheme

Facebook co-founder Eduardo Saverin has renounced his American citizenship in a bid to avoid up to $67 million in taxes on the billions he’s expected to make when the company goes public. Democratic U.S. Sens. Chuck Schumer and Bob Casey have introduced a bill to punish such ex-citizens with heavy taxes and bar them from ever re-entering the U.S.

Posted on May 17, 2012 READ MORE


Facebook Skyline

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Posted on May 8, 2012 READ MORE



(CC-BY)

Property Rights in the Cloud

In the Information Age, you should be thinking about your computer—and asking, how much of you is really yours?

Posted on May 4, 2012 READ MORE



Silvio Tanaka (CC-BY)

Web Inventor: Stop the British Snooping Bill

The British government’s plan to turn the Internet into a national intelligence cache that stores data on every U.K. Web surfer was frustrated Tuesday when Sir Tim Berners-Lee, inventor of the World Wide Web, condemned such a move as a “destruction of human rights.”

Posted on Apr 18, 2012 READ MORE



jurvetson (CC-BY)

Beware the Closed Internet, Google Founder Says

In launching a seven-day special investigation into the battle among states, corporations and public advocates for control over the Internet, The Guardian interviewed Google co-founder Sergey Brin, who warned of the isolating effect of online “walled gardens” put up by companies such as Facebook and Apple.

Posted on Apr 16, 2012 READ MORE



Slouching Toward Washington

Mark Edward Taylor’s “Branding Obamessiah: The Rise of an American Idol” lays out the six sacred branding strategies—taken from the world of advertising—used to turn a mere mortal from Chicago into the image of an American savior.

Posted on Apr 12, 2012 READ MORE



Mr. Fish

We Have a Winner, He Gets a Mr. Fish T-Shirt

He was at the right online place at the right time: One Danny L. from Quebec, Canada, entered our Mr. Fish Cartoon T-Shirt Contest at an auspicious moment and won, simply by subscribing to the Truthdig newsletter.

Posted on Mar 13, 2012 READ MORE



Visualogist (CC-BY)

The Key Words the Government Monitors Online

A government manual obtained by a privacy watchdog group reveals that the Department of Homeland Security has compiled a list of hundreds of key words used to detect possible terrorist and other threats on social media sites.

Posted on Feb 25, 2012 READ MORE



Inside a Foxconn Factory

A look inside Foxconn gives us a new perspective on workers’ conditions; one solution to the “right to be forgotten” dilemma may be to implement mandatory online insurance; meanwhile, a Columbia grad in New York has been converting pay phone booths into libraries. These discoveries and more after the jump.

Posted on Feb 23, 2012 READ MORE


Facebook Activist

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Posted on Feb 14, 2012 READ MORE


Facebook IPO

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Posted on Feb 4, 2012 READ MORE



Flickr / Ksayer1 (CC-BY-SA)

Facebook Gets Ready to Go Public

Facebook’s rise to cyber-domination amounts to the biggest online success story of the 21st century thus far, and on Wednesday the social networking behemoth took it up another notch by filing for what could be the most massive Internet initial public offering ever.

Posted on Feb 1, 2012 READ MORE



ProPublica

Who’s Supporting SOPA and PIPA?

ProPublica has created an easy-to-use database that lists the congressional supporters and opponents of two bills that threaten Internet freedom under the guise of strengthening copyright protections. Of the current 80 proponents and 29 contesters, where do your representatives stand?

Posted on Jan 14, 2012 READ MORE



Flickr / Gauldo

Facebook Gets Spanked by the FTC

As you may recall, a couple of years ago Facebook was caught making users’ personal information public without advance warning, suggesting a cavalier attitude toward the issue of privacy, putting it generously. Well, the Federal Trade Commission also treated the social networking giant generously, it turns out ... (more)

Posted on Nov 29, 2011 READ MORE


Iran Nuke Ambition Unliked

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Posted on Nov 17, 2011 READ MORE



CIA

The CIA Takes to Twitter and Facebook

Is the CIA following your tweets? Or perhaps it “Likes” your latest thoughts while showering that you have posted on Facebook. These startling considerations may apply only if you’re overseas—or so the agency says.

Posted on Nov 4, 2011 READ MORE



AP / Paul Sakuma

Facebook May Morph Your Brain

Here we have the latest news in the blossoming social networking subdiscipline of neurology, about which we are not entirely kidding, as a team of researchers from University College London has found a possible link between the size of their subjects’ flocks of Facebook friends and the size of certain parts of their brains. (more)

Posted on Oct 19, 2011 READ MORE



Anonymous via Eddie Colla

Anonymous Wants You to Move Your Money

Camping out by Wall Street and peacefully protesting are but two ways of signaling collective displeasure about America’s compromised economic system, but here comes Anonymous with another handy tip for would-be opponents of our nation’s banking behemoths: Let the currency of their realm do the talking.

Posted on Oct 11, 2011 READ MORE


Facebook

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Posted on Sep 22, 2011 READ MORE



AP / Paul Sakuma

Facebook Is More Relevant Than Ever

Facebook showcased yet another redesign for the social media site Thursday, this time to the long-neglected profile page, saying it hoped the changes would make the site a leader in media consumption.

Posted on Sep 22, 2011 READ MORE



The Breakdown of the European Union

The demise of the European Union has begun with riots; scholars afraid of repression are creating alternate Internets; meanwhile, the Occupy Wall Street protests are starting to get some traction with the mainstream. These discoveries and more after the jump.

Posted on Sep 20, 2011 READ MORE



Flickr / Ksayer1 (CC-BY-SA)

Americans Really ‘Like’ Facebook

A recent Nielsen report shows that Americans reached a new cultural milestone in May: They collectively spent 53.5 billion minutes on Facebook that month.

Posted on Sep 14, 2011 READ MORE


In a London Pub

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Posted on Aug 15, 2011 READ MORE



kodomut (CC-BY)

Collateral Damage in the War on Anonymity

From warrantless wiretapping to ever-present surveillance cameras, our world is right now in the midst of a long war on anonymity.

Posted on Aug 12, 2011 READ MORE



Enrique Dans (CC-BY)

Anonymous Is Going to Try to Kill Facebook (Video)

Remember, remember the fifth of November 2011. That’s the day hactivist collective Anonymous plans to “kill” the second-busiest website on the Internet “for the sake of your own privacy.” In a video message, Anonymous warns that “you are not safe from them [Facebook] nor from any government” to which the social networking website feeds information. (more)

Posted on Aug 9, 2011 READ MORE



Flickr / Micah Sittig

Missouri Outlaws Student-Teacher Facebook Friendship

The state-sponsored war on intimacy, fellowship and private contact continues in Missouri, where Gov. Jay Nixon just signed into law a bill forbidding any direct social networking contact between students and teachers. (more)

Posted on Aug 1, 2011 READ MORE



Sex Ed? Palins Flunk Again

Sarah Palin’s strict views have turned her into a grandma for the second time; al-Qaida takes a page out of Disney’s book to recruit children; meanwhile, Facebook fights Google+ by adding news to its online community. These discoveries and more after the jump.

Posted on Jul 23, 2011 READ MORE



Violent Video Game Ban Blown to Smithereens

The Supreme Court overturned California’s ban on violent video games; social networking sites may be effectively enhancing our social lives; and a case of public urination in Oregon forces a city to flush its reservoir. These discoveries and more after the jump.

Posted on Jun 28, 2011 READ MORE


Google and Facebook Are Secretly Feeding You Information Junk Food

Former MoveOn.org Executive Director Eli Pariser (a name you may recognize from your inbox) explains how sites such as Facebook and Google are quietly creating a personalized Internet that removes content that may be challenging, uncomfortable or important.

Posted on Jun 21, 2011 READ MORE


For Weiner, There Was No Escaping the Obvious

It’s an irony of the modern age that the most devastating kind of sex scandal, at least for politicians, doesn’t involve actual sex.

Posted on Jun 16, 2011 READ MORE



Return of the Zapatistas

The Zapatistas in Mexico mobilize against the drug war; the AOL-HuffPo merger is starting to lose its charm; and Google’s Internet monopoly is threatened by Facebook. These discoveries and more after the jump.

Posted on Jun 14, 2011 READ MORE



Facebook

Poll: Are You Worried That Facebook Recognizes Your Face?

Regulators in the U.S. and Europe are concerned about a new Facebook feature that uses face-recognition software to “tag” users in their friends’ photos. (more)

Posted on Jun 9, 2011 READ MORE


Fat Finger Politicians

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Posted on Jun 8, 2011 READ MORE



Flickr / carnero.cc

Vodafone Scorned After Claiming Egypt’s Revolution

Remember when a global telecommunications company helped inspire this year’s Egyptian revolution? Neither do scores of anti-Mubarak activists who are furious over Vodafone’s attempt to capitalize on the country’s revolutionary spirit with a promotional video claiming just that, even after the company went along with the regime’s orders to block telephone and Internet service during the protests. (more)

Posted on Jun 3, 2011 READ MORE



Sean MacEntee (CC-BY)

Time to Crack Down on Child-Focused Ads

Is Snoop Dogg the new Joe Camel? Is Ronald McDonald? What about Facebook—has that website become synonymous with an infamous tobacco industry cartoon that preyed on unsuspecting kids?

Posted on May 27, 2011 READ MORE



Syria Turns Facebook on Protesters

Syrian authorities are busy proving Julian Assange right as they use what he called “the most appalling spying machine that has ever been invented” to keep tabs on their country’s digital dissidents. (more)

Posted on May 23, 2011 READ MORE



Denis Dervisevic (CC-BY)

Baby ‘Like’ Named After the Facebook Button

Lior and Vardit Adler of Israel were looking for a unique name for their baby daughter, and boy did they find it. Like Adler was named after the Facebook button, and papa Adler says it’s “the modern equivalent of the name Ahava [Love],” except it’s not, because it’s like. (more)

Posted on May 16, 2011 READ MORE



Ahmadinejad May Be a Quitter

Mahmoud Ahmadinejad considers resigning his post as president of Iran; Google Maps will let users inside buildings; and Bill Gates dips his mouse into American education. These discoveries and more after the jump.

Posted on May 9, 2011 READ MORE



Flickr / espenmoe

Assange: Facebook ‘Most Appalling Spying Machine Ever’ (Update: Video)

In a recent interview with Russia Today, WikiLeaks founder Julian Assange had harsh words for Facebook, denouncing the company for enabling the U.S. government to keep close tabs on the behavior, relationships and personal details of its citizens.

Posted on May 2, 2011 READ MORE



‘Gaylingual’ Code Invented in Myanmar

Gay men in Myanmar make up a language, women disappear in new-order Egypt and the Civil War divides Americans in 2011. These discoveries and more after the jump.

Posted on Apr 17, 2011 READ MORE



White House / Pete Souza

Gibbs’ Next Gig: Facebook?

When Robert Gibbs left his White House post as the Obama administration’s chief communicator, he made some vague noises about his plans for the future beyond maintaining loose professional ties with his former boss. Now it looks as though he may join another powerful institution: Facebook.

Posted on Mar 28, 2011 READ MORE



Missing Google Executive, Tech Hero of Egypt Uprising, Released

Wael Ghonim is Google’s chief of marketing in the Middle East and North Africa. He is also one of the driving forces behind the Egypt uprising. Ghonim was called a hero by opposition groups for using Facebook, Twitter and his technical expertise and connections to help organize the movement ... (more)

Posted on Feb 7, 2011 READ MORE



bbc.co.uk

Hundreds Arrested as Egypt Protests Continue

Despite the Egyptian government’s forceful response—including mass arrests, a ban on protests and the use of batons and tear gas—to demonstrations around the country against President Hosni Mubarak’s administration, the clashes continued ...

Posted on Jan 26, 2011 READ MORE


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