Don’t Look to CISPA to Protect Your Passwords From Employers

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Americans were horrified when news surfaced about employers demanding Facebook passwords from their current and potential employees. Lawmakers have since attempted several times to pass legislation preventing employers from engaging in this practice. Legislation Aimed at Employers The latest attempt was CISPA - the Cyber Information Sharing and Protection Act - which recently passed the House of Representatives. US News stated that the proposed amendment by Ed Perlmutter, D-Colo., which … [Read more...]

More teens flocking to Twitter as enthusiasm for Facebook wanes

More teens flocking to Twitter as enthusiasm for Facebook wanes

SAN FRANCISCO -- Twitter is getting the youth vote. Nearly a quarter of teens now use Twitter to catch up with friends and keep track of celebrities, a big jump in usage as teens flock to different social media sites and spend less time on Facebook to avoid their parents and other adults as well as rampant "oversharing." One in four online teens use Twitter, up from 16% in 2011, according to a survey by the Pew Research Center and the Berkman Center for Internet & Society at Harvard … [Read more...]

5 Tech Stocks You Should Have Bought Instead of Facebook

Facebook CEO Mark Zuckerberg looks on during a media event at Facebook headquarters in Menlo Park

Facebook‘s intensely hyped initial public offering one year ago today was supposed to be a triumphant moment for Silicon Valley and Wall Street. After years of buildup and a valuation that had ballooned to $100 billion, ordinary investors would finally get the chance to own a slice of the hottest tech company on the planet. In the weeks leading up to the IPO, many tech experts — including some of the most prominent venture capitalists in the country — repeatedly insisted that once public, … [Read more...]

Facebook’s First Year Post-IPO: the Most Important Thing It Did

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One year later, Facebook has figured out mobile, experts say. The social networking giant may have had a rough patch after its IPO, but Facebook has quickly turned things around by cashing in on its users' obsession with mobile. "One of the big complaints at the company's IPO was that it doesn't make any money on mobile, and that was true and fair at the time," said Jason Stein, founder and president of the social media agency Laundry Service. Facebook had zero revenue on its … [Read more...]

A Year After Its Debut, Facebook Still Looks Overpriced

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Is it time to buy Facebook FB +0.46% ? A year after its turbulent public debut, shares in the social-networking giant are still 31% below their offering price. Yet, with virtually no earnings over the past 12 months, Facebook's price/earnings ratio is in the stratosphere—more than 2,000-to-1, in fact—compared with just 19-to-1 for the Standard & Poor's 500-stock index. Many of Facebook's defenders try to wriggle out from this damning comparison by arguing that the … [Read more...]

Facebook traffic may have plateaued but profit potential is looking up

Facebook: the upstart apps that are jostling for space

Younger users may be leaving for apps such as Instagram or WhatsApp but data shows Facebook is still very strong The memory of Facebook's painful stock market debut a year ago today is at last beginning to fade. Not for investors who bought at the opening price of $38 – their shares are still trading 70% below that – but by other measures the world's largest social network has made seemingly unstoppable progress. In October, founder Mark Zuckerberg announced in a status update on … [Read more...]

Google+ gives photo lovers what Facebook doesn’t

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Big changes are coming to Google+, with an impressive set of automated filters and hashtags announced at Google I/O 2013 taking square aim at photographers of all stripes. SAN FRANCISCO -- Facebook has been the photo king since 2008, but Google just put the social network on notice. Changes to the Google+ social network -- announced Wednesday at the Google I/O conference at the Moscone Center West here, and launching Wednesday as well -- include a new interface, some new Hangouts … [Read more...]

Glassdoor report surveys Facebook workforce sentiment one year after IPO

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Summary: A new report suggests internal worries following Facebook's tumultuous IPO last year were just a little out of control. Facebook became a public company nearly a year ago, and the firestorm surrounding the letdown that it became didn't really end for months. A new report from the online jobs and careers community Glassdoor examines how Facebook employees feel about their work environment, both before and after the beleaguered initial public offering event. Based on … [Read more...]

AT&T Unfriends Facebook Home

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HTC First, also known as the Facebook FB +0.52% Phone, was the first phone to feature Facebook Home preinstalled, the app-cum-operating system that put Facebook on the phone’s home screen. The appeal was supposed to be the ability to “put your friends first.” But shoppers appear to be putting the phone last. Within a month after its launch at the competitive price of $99, AT&T T -0.96% discounted it to 99 cents. Today, the BGR tech blog reported that AT&T has decided to … [Read more...]

Here’s Why Facebook Wants To Spend $1 Billion On Waze, According To Industry Sources Who Are Smarter Than We Are

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According to several reports, Facebook is in talks to buy an Israeli startup called Waze for $1 billion. Waze makes a "social" mapping app for smartphones. It was founded in 2009, and it has been backed by investors that include Horizons Ventures Hong Kong and Kleiner Perkins. Last July, when Waze hit 20 million users, this is how BI's Alyson Shontell described the service: Waze relies on the community to give real-time traffic reports. If a user is on Waze while driving and hits … [Read more...]

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