Facebook is generating money in a troubled global economy, COO Sheryl Sandberg said, pointing to the site’s increasing value as it heads toward its initial public offering. Sandburg, speaking at the DLD Conference in Munich, held to spotlight top contributions in the digital and technological world, saying Facebook added $15.3 billion in value to the [...]
Posts Tagged ‘Facebook’
Facebook, Twitter Tweak Google Search as Antitrust Concerns Mount
January 24th, 2012
admin Facebook and Twitter engineers tweaked Google’s algorithm, opening search results to social media sites other than Google+, as antitrust scrutiny ramps up against the Internet giant. Earlier this month, Google introduced new search features, collectively called “Search Plus Your World,” which allow users to access information from social network connections in their search results. The [...]
Tough Data Privacy Rules in EU to Impact Facebook, Google
January 23rd, 2012
admin The European Union is considering tough rules for how corporations handle Internet users’ personal data, greatly impacting tech titans like Google and Facebook. “Only if consumers trust that their data is protected will they entrust companies with it,” said Viviane Reding, vice president of the European Commission, speaking at the DLD conference of tech industry [...]
Facebook Integrates Apps, Preps for IPO
January 19th, 2012
admin Facebook is integrating dozens of popular mobile apps into its interface, boosting revenue sources as its highly anticipated IPO approaches. The Palo Alto Calif.-based company announced at a news conference at a San Francisco nightclub Wednesday it is partnering with 60 apps, including Pinterest, Foodspotting, Ticketmaster, eBay, TripAdvisor, LivingSocial, and Foursquare, and says more are [...]
Facebook Bolsters Security by Exposing Malware Gang
January 18th, 2012
admin Facebook is publicly attacking the alleged masterminds behind Koobface, malware that targets the social network’s members, as part of its ongoing battle to keep its users safe from hackers. The five men, all living in St. Petersburg, Russia, have been known for years, according to the New York Times, and the crew has been open [...]
Facebook, Twitter Aid Sinking Ship Passengers
January 17th, 2012
admin Social media sites delivered vital information for family, rescue workers, and the police after the capsizing of an Italian Carnival cruise ship last Friday, illustrating the growing use of social media in emergency situations. Passengers aboard the Costa Concordia cruise ship, which ran aground on the Italian coast, used Facebook and Twitter to reach out [...]
Facebook Malware Exposes Passwords, Erodes Trust
January 6th, 2012
admin Malicious software stole thousands of Facebook usernames and passwords, calling into question the social network’s trustworthiness as it becomes a frequent target for malware attacks. The computer worm Ramnit, which dates back to 2010 and traditionally targets the financial industry, compromised 45,000 sets of Facebook log-in credentials, according to security firm Seculert. Facebook said most [...]
Facebook Studio Awards to Honor Advertisers
January 5th, 2012
admin Facebook will honor advertisers with the first annual Facebook Studio Awards, judged by top industry insiders, in a move to keep the site’s ad revenue skyrocketing. The Studio Awards will reward ad campaigns that encourage social interaction, motivate people to share ads, integrate other media like videos, and “take advantage of Facebook’s full potential.” Facebook’s [...]
Facebook, Twitter Battle Spammers
January 4th, 2012
admin Spammers are targeting Facebook and Twitter users, who increasingly turn away from e-mail and use social media sites for communication. “Spammers have decided to move where the people are and where the defenses are weak: Facebook and Twitter,” said Chester Wisniewski, an analyst at security firm Sophos. Unlike e-mail spam, social media spam often appears [...]
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