Facebook Values Itself at $3.7 Billion (Or Less)

When Microsoft bought a 1.6 percent stake in Facebook back in October 2007, it paid 240 million dollars for the preferred stock, which meant that the company was valued at roughly 15 billion dollars. A big discussion broke out over whether Facebook was really worth that much, or 15 billion was an unrealistic number. ItContinue reading “Facebook Values Itself at $3.7 Billion (Or Less)”

Now you can use Gtalk in Facebook

Facebook has integrated GTalk application which means that now you’ll just need to have an existing Google account in order to use this application on Facebook. Both your Facebook friends and your Google friends will appear in your buddy list and you can chat to them from within the Facebook. Its a nice feature whichContinue reading “Now you can use Gtalk in Facebook”

LinkedIn launches Facebook like application

Linkedin has launched a Facebook application called “My Company’s Hiring” for users to post open positions in their company. This application works best for Facebook users that are actually in charge of hiring process. You’ll need to manually input the positions and their desriptions, and you can include an external link for additional information as well.Continue reading “LinkedIn launches Facebook like application”

Man sent to Jail for Fake Facebook Account

An IT engineer of Morocco, Fouad Mourtada; aged 26 year-old  has been arrested for making a fake Facebook profile of Prince Moulay Rachid, the younger brother of King Mohammed VI. While the fake profile was created just as a prank but it landed Mourtada in jail. He’s now facing up to 5 years in prison.Continue reading “Man sent to Jail for Fake Facebook Account”

Facebook Expands Data Center Space

Facebook has leased space in a state-of-the-art data center in Ashburn, Virginia to power the huge growth of its social networking service. The addition of 10,000 square feet of space in a new facility built by DuPont Fabros Technology (DFT) will allow Facebook to expand its server infrastructure. The lease is for the second phaseContinue reading “Facebook Expands Data Center Space”

Is Facebook feeling Threat from Twitter?

Facebook started a new concept of copying other websites to enhance its features. The users  can  now post their “Status Updates” just like Twitter allowing them to  tell their friends what they are doing at any point of time. So Facebook has copied or imbibed a feature similar to Twitter with a minor change enablingContinue reading “Is Facebook feeling Threat from Twitter?”

Leader of Social Media Network – MySpace

MySpace remains king of the social networking category, according to Hitwise, taking in 79.7% of visits to sites in this category ofr the Month of April, 2007. Facebook is second, with 11.47% of visits, and Bebo comes in third with 1.28% of visits. MySpace’s traffic has increased 70%. Facebook’s increase in traffic is largely dueContinue reading “Leader of Social Media Network – MySpace”

Facebook launches “Share” Feature

Facebook has launched a “Share” feature, allowing users to post content to their Facebook profiles by clicking a button. This means you can post YouTube clips, Photobucket photos and more to your Facebook profiles and even have the videos play on the profile itself. In addition to this, if you want to share some articleContinue reading “Facebook launches “Share” Feature”

Why Zuckerberg Won’t Accept Just $1 Billion from Yahoo

Following the YouTube-Google acquisition, many analysts were predicting that Yahoo would make their move and snap up Facebook. A few weeks later, it seems the deal has gone stone cold, with neither party particularly keen to get a deal signed immediately. Meanwhile, Facebook has rolled out a number of features that have received a mixedContinue reading “Why Zuckerberg Won’t Accept Just $1 Billion from Yahoo”

Yahoo’s bid to buy Facebook

According to the Wall Street Journal, Yahoo has offered Facebook an amount that could be approximately $1 billion in a bid to purchase it. Facebook is second largest social networking website in the US. Yahoo has been talking to Facebook over the past year.  Facebook also had discussions with Microsoft and Viacom. Earlier as wellContinue reading “Yahoo’s bid to buy Facebook”

‘Events’ on Facebook

Facebook is attracting group of people to their website to connect through ‘Events’ feature allowing them to organize and plan events. This feature is proving to be very successful for organizing parties and other small events. Active users of Facebook can join events and submit their RSVP. Moreover, users can also invite and recommend friendsContinue reading “‘Events’ on Facebook”

Facebook Ads, Powered by Microsoft

Hot on the heels of the MySpace-Google deal comes news from the NY Times that Facebook (Facebook) have inked a three year agreement with Microsoft, making adCenter the exclusive provider of banner ads and sponsored links on the site. The deal is quite clearly a reaction to the MySpace (MySpace) ad deal, since the seriousContinue reading “Facebook Ads, Powered by Microsoft”

Birth of Facebook

Facebook was founded by Mark Zuckerberg which was originally called as ‘Thefacebook’. He started it as one of his hobby projects when he was at Harvard University. He was able to get some financial help from Eduardo Saverin. Mark Zuckerberg’s two more friends from Harvard; Dustin Moskovitz & Chris Hughes came in to help himContinue reading “Birth of Facebook”

Facebook Account

Finally after so many requests from friends and continuously deleting all of them to join Facebook, I announce my reactivation of Facebook Account. LoL…!!! Its pretty different from Orkut and it has many things to play around. I’ll definitely going to take some time to learn it. BTW, it has a nice feature of NotificationsContinue reading “Facebook Account”