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Zing Tsjeng views her profile on Facebook. Photograph: Linda Nylind The world of Facebook can be a dangerous place, as two separate incidents this week have proven.
You did know that Facebook is a ‘massive online surveillance program run by the CIA,” right? And that Mark Zuckerberg is a CIA agent codenamed the Overlord? Just watch the Onion video above. It explains the whole thing. I especially like the Congressional “testimony” from the deputy CIA director: After years of secretly monitoring the public, we were astounded so many people would willingly publicize where they live, their religious and political views, an alphabetized list of all their friends, personal emails addresses, phone numbers, hundreds of photos of themselves, and even status updates about what they were doing moment to moment.
Het is nu mogelijk voor ontwikkelaars om ook adres- en telefoongegevens op Facebook aan te vragen. Derden kunnen deze gegevens proberen op te vragen via Facebook-connectiviteit op hun eigen website of via een Facebook-applicatie. De gebruiker moet daarvoor wel toestemming verlenen. Het delen van andere gegevens binnen je Facebook-profiel is al een tijd mogelijk. Zo kun je sommige websites aanpassen aan je smaak, of high-scores in spelletjes vergelijken met die van je Facebook-vrienden.
Now that you know what a Ponzi scheme is, I will tell you how and why Facebook is like a Ponzi Scheme. The argument is similar to how Paul Graham describes that Yahoo was a ponzi scheme in 1998. Facebook posts huge revenues. In fact, recent reports are that Facebook is very profitable . This boosts both their respect in the world and their valuation. However, these returns, while real, are unsustainable.
Marcio Jose Sanchez/Associated Press Facebook’s new financial security could buttress the company’s independence and help Mark Zuckerberg retain near absolute control. SAN FRANCISCO — In Silicon Valley, going public used to be the ultimate rite of passage for a start-up — a sign it had arrived. No more. With its $500 million infusion from Goldman Sachs and other investors, Facebook is now flush with cash, and a market value of about $50 billion, giving it the financial muscle it needs to compete with better-heeled rivals like Google. And Facebook hopes for an even bigger advantage from the deal, the ability to delay an initial public offering.
Digital Sky Technologies ( DST ) is an international investment firm focused solely on the Internet sector. The firm was founded by Yuri Milner and emerged out of Mail.ru Group. Today, DST is fully independent of Mail.ru Group and its investments include Facebook , Zynga and Groupon . [ 1 ] [ 2 ] [ 3 ] [ 4 ] [ edit ] Investments May 2009 . The firm became known globally after leading an investment of $200 million in Facebook at a $10 billion valuation in May 2009 [ 2 ] and launching a tender offer of $100 million to the employees of Facebook in July 2009. [ 5 ] Subsequently the firm continued to buy shares in the company and is now one of the largest institutional shareholders in Facebook. [ 6 ]
Article Tools Facebook Twitter Google+ E-mail Share Print 9:59 a.m. | Updated Goldman Sachs ’s investment in Facebook once again raises the issue of whether the Securities and Exchange Commission will force the social networking company into an initial public offering.
Goldman Sachs 'friends' Facebook Facebook has no problem with individuals being 'friends' on the site. But when it comes to investing in the company, only certain friends need apply. Facebook, eh? Love it or hate it, you have to be ambivalent about it.
Mark Zuckerberg And An Army Of Insurgent Entrepreneurs Just Declared War On The TV, Music, News, And Movie IndustriesAt the Web 2.0 conference in San Francisco last week, Facebook CEO Mark Zuckerberg gave a six minute speech about how, starting sometime in the next five years, he expects his company to make billions and billions of dollars turning the TV, news, film, and music industries upside down. The speech was nuanced and obviously pre-planned. It contained big revelations. But because it came in the middle of a wide-ranging, hour-long interview, hardly anybody noticed. The gist: As has already happened in the gaming industry – where Zynga now has a larger market cap than Electronic Arts – Facebook expects insurgent entrepreneurs to "reform" the film, TV, news, e-commerce and music industries with the help of Facebook.
Alexander Hotz is a freelance multimedia journalist and public radio junkie based in New York City. Currently he teaches digital media at Columbia University's Graduate School of Journalism. Follow Alex on Twitter at @hotzington . The release of Facebook Places raised serious privacy concerns for users of the social network.
Facebook founder Mark Zuckerberg told a live audience yesterday that if he were to create Facebook again today, user information would by default be public, not private as it was for years until the company changed dramatically in December. In a six-minute interview on stage with TechCrunch founder Michael Arrington , Zuckerberg spent 60 seconds talking about Facebook's privacy policies. His statements were of major importance for the world's largest social network - and his arguments in favor of an about-face on privacy deserve close scrutiny.
Facebook founder Mark Zuckerberg told a live audience this weekend that the world has changed, that it's become more public and less private, and that the controversial new default and permanent settings reflect how the site would work if he were to create it today. Not everyone agrees with his move and its justification. Has society become less private or is it Facebook that's pushing people in that direction? Is privacy online just an illusion anyway?
Facebook founder Mark Zuckerberg claims that if Facebook was starting out now, sharing with everybody — rather than with a small group of friends — would be the starting point. Is this more about reflecting social norms or changing them to help Facebook compete with Twitter? The statement, made during a livestream of the Crunchies awards, hits on a hot button issue for Facebook: It recently notified users of privacy changes via a pop-up notification.
From the beginning of the week, Facebook began rolling out new privacy settings , which were meant to enable the user what information can be shown (to people who are not friends, or are friends of friends, or networks). They were also able to keep their old privacy settings. In a press release , Elliot Schrage, Vice President of Communications, Public Policy and Marketing said “Facebook is transforming the world’s ability to control its information online by empowering more than 350 million people to personalize the audience for each piece of content they share.” However, one blog noticed that rather than ‘control’ what information he was sharing, Zuckerberg has opened almost all of his profile to everyone, allowing us to see all his photos, some personal information and events he is planning on attending.