
SEO software provider WordStream has released new research comparing the value of Facebook advertising to Google’s Display Network – the portion of Google’s advertising business that allows advertisers to place display ads on Google sites such as YouTube, Gmail and Blogger and over 2 million other websites rather than alongside search results.
The results are compiled in an infographic that evaluates the two models on criteria such as advertising reach, ad performance, revenues and growth, ad formats and targeting options, and highlights of the study appear below:
• Facebook and Google both have huge potential reach, with Facebook boasting 845 million monthly active users and Google owning the world’s largest online display advertising network.
• The average click-through rate (CTR) of an ad on the Google Display Network is 0.4 percent – almost 10 times as high as the typical Facebook ad. Average CTR on Facebook is under 0.05 percent, about half the industry average for online banner ads. At the same time, costs per thousand impressions on Facebook are climbing.
• The Google Display Network offers twice as many ad formats as Facebook, including in-video ads, mobile-game ads, support for industry-standard image ads and more.
• Facebook does not yet support mobile advertising and has more limited targeting options than Google.
The comparison clearly suggests that Google currently offers advertisers more value in terms of both options and results for advertisers, and that Facebook has a lot of catching up to do to provide advertisers with the best possible advertising solutions.
“So far, Facebook’s advertising platform hasn’t kept pace with the explosive growth of its social network, and it remains to be seen if CEO Mark Zuckerberg even wants to focus on advertising as a source of revenue,” says Larry Kim, founder and CTO of WordStream. “In his 2,500+ word letter to shareholders this month, he mentioned advertising just once.”
WordStream provides search marketing software and PPC services aimed at helping marketers get better results from their PPC and SEO efforts.
Following in the
footsteps of Apple, Google and many others, Facebook
announced plans to unveil its own app store in the coming weeks.
This new offering will give developers a new avenue for promoting their work across multiple mobile platforms, while adding another place for users to discover new apps.
The thoughtfully named Facebook App Center will allow users to search for Facebook apps that run on the Web, as well as iOS and Android devices, provided the applications have some kind of tie into Facebook, which at the very least means using Facebook Login.
Apps will be searchable by category and ratings, with the most popular among them highlighted for convenience.
Facebook plans to set the App Center apart from its competitors by offering a social aspect to the discovery process. Instead of showing a single list of top apps that is identical for every user, each individual will see a list of recommended apps based on what their Facebook friends are using.
Developers can charge users for their apps, and anyone interested in building for the Facebook App Center can see the guidelines here.
There are some naysayers when it comes to social advertising on Facebook, but advertisers investment in the channel seems to be paying off, at least according to research from ad management platform Marin Software.
According to Marin, Facebook social ad budgets in the U.S. increase from 5 percent to 23 percent in the last 12 months (Editors note: Facebook introduced social ad units such as Sponsored Stories in February 2011). Marin's research suggests that by the end of 2012, social ads will account for nearly 50 percent of Facebook ad budgets.
"With Facebook's introduction of Sponsored Stories last year, two questions arose -- will advertisers adopt the new ads and will the new ads produce revenue results?" said Matt Lawson, vice president of marketing and partnerships at Marin Software. "Marin Software's research confirms that answer is an emphatic 'Yes,' as budgets continue to increase and will soon represent 50 percent of Facebook ad investments."
What is appealing about Facebook's social ads is that they work - and I say that from experience. Consumer engagement with Facebook ads, as measured by click through rates, has increased 50 percent over thee last 12 months.
"In the last year advertisers have directed more budgets to social ads and Facebook users have responded by clicking more often," said Lawson. "This trend is not only positive for Facebook from a revenue standpoint, but also provides important validation of the opportunity advertisers have to drive revenues from word of mouth marketing efforts."
There is a new way for your business to increase its social media visibility – and it just might come with a big (virtual) bow on top.
Social gift-giving service Wrapp is a Swedish startup that enables consumers to socially and virtually send their friends gift cards. For example, instead of writing the same generic happy birthday message or other greeting on your friends’ Facebook walls, Wrapp enables users to send free or paid gift cards to friends within their social networks.
However, consumers aren't the only ones that benefit from this platform because the service can also help increase a brand's Facebook visibility, drive sales and generate in-person and online traffic for participating merchants. In fact, during the last four months almost 180,000 people gifted more than 1.5 million free promotional giftcards to their friends with the Wrapp service, and participating merchants reported that each sale averaged a four to six times increased value of the free promotional gift card that was being redeemed.
“Wrapp is the ultimate win, win, win app,” says Hjalmar Winbladh, Wrapp’s CEO. “You and I get to give our friends free gifts and promotional gift cards from great retailers, the gifts we give are stored in our friends’ phones so they’re always with them when they want to buy something they really want, and the merchants get a proven customer acquisition and retention platform built on Wrapp’s friend-to-friend marketing for conducting performance-based campaigns.”
Wrapp was previously only available in Europe, however this week marks the company’s U.S. launch with retail partnerships from some big-name retailers including Gap, H&M, Sephora, Angry Birds, and the Wall Street Journal.
Merchants who would like to partner with Wrapp can sign up on the company’s website.

The Web’s largest social network is taking a jab at the Daily Deal industry with its newest launch of Facebook Offers, which is a tool for engaging with and driving new customers to businesses.
Offers are free for administrators to create and share, however only a small number of local business Pages are currently able to take advantage of this new feature, with Facebook claiming that it plans to “launch Offers more broadly soon.”
The offers are created from the sharing tool at the top of a Page’s timeline. Users must click on the Offer, Event + button, and then create an offer headline, upload a photo, choose a limit for the number of claims, add terms and conditions, preview and post the promotion. Although Offers is a free service, Facebook suggests that businesses run an ad or Sponsored Story so that the offers receive more visibility.
Consumers can redeem offers from brands that they have liked. The “liked” brand’s offer will show up in the consumer’s news feed, which is where the consumer can click “Get Offer” to receive the promotion. Then Facebook sends a follow-up email to the consumer, which needs to be shown to the business in order to receive the discount.
It seems as though Facebook is the perfect platform to launch a service like this, especially since small businesses tend to be hesitant to sign up with daily deal services. Not only is Facebook a familiar platform, but the offers are completely free to run, and business owners are given complete control over their promotions. Match made in virtual heaven? – only time will tell.

Major tech firms including Google, Facebook and Microsoft have teamed together to fight email phishing scams. Members say the partnership will lead to better email security and protect users and tech brands from fraudulent messages.
The group, which calls itself DMARC – for Domain-based Message Authentication, Reporting & Conformance — says it wants to help reduce email abuse by standardizing how email receivers perform authentication. Now, email senders will get consistent authentication results for their messages at Gmail, Hotmail, AOL and any other email receiver using DMARC.
Email phishing scams are messages designed to trick recipients into providing personal information by replying to the messages or clicking on links. The emails look like they come from a legitimate sender, often featuring brand logos and mimicking the format and language of authentic messages.
With the rise of social media and e-commerce sites, spammers and phishers have "a tremendous financial incentive" to compromise user accounts, leading to theft of passwords, bank account information and credit card numbers, DMARC said.
"Email is easy to spoof and criminals have found spoofing to be a proven way to exploit user trust of well-known brands," the group said. "Simply inserting the logo of a well-known brand into an email gives it instant legitimacy with many users."
Other companies involved in DMARC include Bank of America, LinkedIn, PayPal and Yahoo.
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Image: Screen shot of the companies involved in DMARC. Credit: DMARC
Facebook's lawyers are asking a judge to order Paul Ceglia to foot the bill for more than $84,000 in fees.
Ceglia, the New York man who claims he's entitled to half of Mark Zuckerberg's multibillion-dollar stake in Facebook, was fined for refusing to turn over email account information and ordered to pay reasonable attorneys' fees.
Facebook's lawyers are also asking Leslie G. Foschio, the federal magistrate in Buffalo, N.Y., to order Ceglia not to file any additional "non-responsive papers or pleadings in the case" until he pays up.
Ceglia's lawyer, Dean Boland, said he has not had a chance to review the court filing in detail, but said he and his client would prepare a response over the coming week.
"If we feel it ought to be modified, we will respond accordingly," Boland said.
Boland, who's from Cleveland, took a shot at Facebook's lawyers for charging Manhattan hourly rates in a case unfolding in Buffalo.
"Cleveland and Buffalo are pretty identical demographically, and I can tell you that no lawyer would survive in the city of Cleveland charging that much an hour because no one would be able to hire him," Boland said.
Orin Snyder, the most senior Gibson Dunn partner, charged $716.25 an hour. His most junior associate charged $337.50 an hour, according to the filing.
Facebook, which is on the verge of an initial public offering that could value the world's most popular social networking company at $100 billion, can clearly afford it.
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Photo: The Facebook sign outside the company's new campus in Menlo Park, Calif. Credit: David Paul Morris / Bloomberg
Facebook wants its more than 800 million users to share everything they do with their friends on Facebook and off of it.
So Facebook has teamed with more than 60 partners to roll out apps that encourage users to tell their friends what they're doing: buying a merino wool scarf at Fab.com, researching a new travel destination on TripAdvisor, donating to a favorite charity on Causes or highlighting a new hobby on Pinterest.
The most popular social networking service is working with new applications so that users can publish their activities on their Facebook pages, Carl Sjogreen, director of platform products, said at an event in San Francisco on Wednesday night (and in a blog post).
Facebook is looking for new ways to get people to spend more time on the site and advertisers to spend more money reaching them. The activities will show up in users' Ticker, News Feed and Timeline.
The announcement comes as Facebook tees up a $100-billion initial public offering, the biggest the tech world has ever seen.
Facebook Chief Technology Officer Bret Taylor said in an interview that the new profile page called Timeline is increasingly becoming Facebook users' de facto online identity and that the new apps would help users personalize their profiles with just a few clicks. He said that expanding the Facebook platform would generate revenue in the "grand scheme" but that the announcement was not "overtly" about making money. He said Timeline has deepened users' relationship with Facebook and increased the amount of time users spend on the site.
Facebook is taking on Google, Apple and other technology giants in competition for eyeballs and ad dollars. It first launched the new wave of apps last year at the company's annual developer conference, allowing Spotify to show songs that users play and the Washington Post to display articles users read. At the time, Facebook founder and Chief Executive Mark Zuckerberg said the new apps created "real-time serendipity" beyond users just telling their friends they "like" something. The apps move beyond the "like" button which has become a universal means of expression on the Web but isn't adequate to communicate the full spectrum of human emotion and activity.
Millions are already using the apps, and Taylor said Facebook was "thrilled" with the response.
Now Facebook is opening up the platform to all developers (not just the 60 launching Wednesday) to help Facebook's users let their friends know when they go for a run or design a new outfit, Taylor said.
That not only gives users a way to express themselves and broadcast to their friends, it gives advertisers and marketers even more insight into their interests and habits. That in turn could give Facebook even more of an edge over Google's social network Google+, which has about 40 million users.
Some privacy advocates are concerned about Facebook's growing knowledge of its users and its reach into their lives.
"Facebook now has more ways to track and target us, as it enables dozens of apps designed to drive user and network behavior," said Jeffrey Chester, executive director of the Center for Digital Democracy. "Facebook now has more profile information it can monetize on its massive base of consumers. While giving the appearance of greater privacy control, Facebook knows that for the most part the default will be that they and their business partners can easily harvest our data."
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Photo: Facebook's Menlo Park campus Photo credit: David Paul Morris / Bloomberg
Most Facebook attacks are feeding fraudulent affiliate marketing sites according to a new report.
The Internet Threats Trend Report from Commtouch reports that affiliate marketing sites are the final destination of 74 percent of all Facebook scams. Visitors to these sites are prompted to fill out surveys that generate affiliate payments for the scammers, which abuses businesses that pay affiliate fees.
Fooled users are encouraged to click on the scams through social engineering tactics, such as free merchandise offers, celebrity news, fake Facebook applications or through messages from friends that say something like “check this out!”
According to the study, these deceptions are being spread through a number of ways. Users willingly click on the like or share button 48 percent of the time, while 52 percent of the time likes and shares are generated through likejacking, scripts and malware. And, if just five friends continually share or like these attacks, it can be spread to 9,765,625 people within a few hours.
“Facebook scammers are out to make money, and affiliate marketing is a rich source,” says Amir Lev, Commtouch’s chief technology officer. “The same social engineering techniques that malware distributors and spammers have been using for years to induce people to open their unwanted mail or click on malicious links are being leveraged within Facebook and other popular social networks for ill-gotten gains.”
And although Facebook has made attempts to block malicious content, users can protect themselves and friends against Facebook attacks by using caution when “liking” or sharing something, being suspicious of offers for free stuff, not following links with generic text, avoiding links that promise a newsworthy scoop and being cautious of the applications they download.
A privacy watchdog group probably will complain to the U.S. Federal Trade Commission that a new Google search feature raises privacy and antitrust concerns.
Marc Rotenberg, executive director of the Electronic Privacy Information Center, said his group is considering filing a letter with the FTC.
EPIC made the complaint that resulted in Google's settlement with the FTC that requires the Internet search giant to submit to external audits of their privacy practices every other year.
"We believe this is something that the FTC needs to look at," Rotenberg said.
Google calls the new feature rolling out to users of its English-language search engine "Search Plus Your World." It blends information such as photos, comments and news posted on its Google+ social network into users' search results.
It mostly affects the one in four people who log into Google or Google+ while searching the Web. Those users will have the option of seeing search results that are customized to their interests and connections, say, a photo of the family dog or a friend's recommendation for a restaurant.
Google has been working for years to create a personal search engine that knows its users so well it delivers results tailored to them. It's also trying to catch up to social networking giant Facebook, which, with more than 800 million users, knows its users far better than Google does.
But critics contend Google, a laggard in social networking, is using its dominance in Internet search to favor its own products and take on its chief competitor.
"Google is an entrenched player trying to fight off its challenger Facebook by using its market dominance in a separate sector," Rotenberg said. "I think that should trouble people."
Critics also say the move raises alarm bells for consumer privacy.
"Although data from a user’s Google+ contacts is not displayed publicly, Google's changes make the personal data of users more accessible," EPIC said in a note on his website.
The effect of Google's latest search feature may be fairly limited — at least for now. The 6-month-old Google+ has 40 million users.
Google is not the first search engine to do this. Microsoft's Bing, which has an alliance with Facebook, has been tapping some information shared on Facebook since May. But Google is attracting more attention because of its dominance in search. It handles as many as two-thirds of all search queries in the U.S.
Twitter has also complained about the new Google search feature. So far Facebook has stayed out of the fray, declining to comment.
When a user is logged into Google or Google+, Google will now tap information from Google+ and photos from its photo-sharing service Picasa, to deliver personalized search results. In the future it will also incorporate other Google services.
Seeing how much information Google gathers could make some people uneasy, said Danny Sullivan, editor of SearchEngineLand.com. Google has tried to assuage privacy concerns by switching to technology that encrypts all of its search results.
Rotenberg says the FTC needs to go further to protect consumer privacy on the Web.
"This is a problem the FTC needs to look at closely," he said.
In an interview this week, Google Fellow Amit Singhal said Google has taken significant steps to make its new feature private and secure. He also said Google was open to including information from Facebook, Twitter and other social networks.
"However," he said. "It has to be done in a way that the user experience doesn't deteriorate over time and that users are in control over what they see from whom and not some third party."
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Photo: Google's new search feature has raised concerns. Credit: Virginia Mayo / Associated Press
The New York state man who claims he's entitled to half of Mark Zuckerberg's multibillion-dollar stake in Facebook has been fined $5,000 by a federal judge for not complying with a court order.
Paul Ceglia was also ordered to pay some of Facebook's legal fees.
U.S. Magistrate Judge Leslie G. Foschio's ruling is a victory for Facebook and Zuckerberg, who have denounced Ceglia's claims that he and Zuckerberg signed a 2003 contract that gives him an ownership stake in Facebook, which is on the verge of a $100-billion initial public offering.
Facebook plans to ask Foschio to dismiss the lawsuit.
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Photo: Facebook sign outside the company's new campus in Menlo Park, Calif. Credit: David Paul Morris / Bloomberg
For Google, it's personal. The Internet search giant is no longer going to roll out the same search results to everyone.
Starting Tuesday, Google will pluck only the results most relevant to you — and not just from billions of Web pages but from the personal stuff that you and your connections privately share.
The idea, says Google Fellow Amit Singhal, is that Google now searches your world, not just the Web, and serves up results that combine both for your eyes only.
"Your world was missing from search until now," he said. "We are bringing your world into search."
It's not just a radical departure for Google. It's a major salvo in the Internet search giant's rivalry with Facebook for eyeballs and ad dollars.
Google, with founder Larry Page at the helm, has been looking to blunt the growing influence of Facebook, which is on the verge of a $100-billion initial public stock offering.
Google has been adding more personal touches to its search engine as people flock to Facebook, the Web's most popular hangout with more than 800 million users who share personal photos, updates and recommendations. Now it's looking to combine its dominant search engine with its nascent social networking service, Google+.
"It's one of the most significant things Google has ever done in search," said longtime Google observer Danny Sullivan, editor of SearchEngineLand.com.
Singhal explained the new feature called Search plus Your World through a personal anecdote.
As a child, his favorite fruit was the sweet brown chikoo. Singhal was reminded of the fruit a few years ago when his wife held a tiny brown fur ball in the palm of her hand. They decided to name their 4-week-old miniature schnauzer Chikoo and privately shared photos of him as he grew with family members. Now both meanings of Chikoo show up when Singhal is logged into Google and searches the word.
Google, like rival Microsoft's Bing, has been working for years to make search more personal and more social. Google says with this move it's transforming into a search engine that understands not only content but also people and their relationships.
It's doing this in three ways. First, it's expanding search beyond public Web pages to the photos and posts you and others have shared privately. Second, as you type a person's name into Google, it will automatically suggest people you are close to or may be interested in. Third, Google is guiding users to profiles and Google+ pages related to the topic of interest.
But how will users react?
"Until now we have not had the mixture of our personal information with our Web search results, and that makes even me a bit nervous," Sullivan said.
Some users may not want or understand why their personal information is appearing in its search results. Google said it would explain the change to users at the top of Web pages.
Even though Google is just making information more visible and easier to find, it may encounter the same kind of resistance that Facebook did when it rolled out its new feature Timeline, Sullivan said.
Like Facebook, Google isn't asking users whether they want the new feature, it's just turning it on for all English-speaking users over the next few days. If you don't want the feature, you have to turn it off.
Google may also be seen as favoring its own products in search results, an allegation that already has made Google a target of an antitrust investigation, Sullivan said. For example, instead of sending someone searching for Britney Spears to her website, Facebook page or Twitter account, Google will suggest her Google+ page, giving the service a "huge advantage," he said.
"It makes you question if Google is doing the best thing for the searcher or the best thing for Google," Sullivan said.
Google says it's hamstrung because Facebook fences off its website from Google's search engine.
"We want users to have control over what personal content they can search for at Google. We don't want third parties dictating to users what they can or can't search for in Google," Singhal said. "Based on the current policies at many social networks, users don't have that control."
That could put pressure on Facebook, Sullivan said.
"This is a really big gun pointed back at Facebook," he said. "This may cause Facebook to say that now that Google has merged social and search, that's what it needs to do as well."
Facebook has an alliance with Microsoft's Bing to lure traffic away from Google, which handles about two of every three Internet search requests. Microsoft owns a 1.6% stake in Facebook. But the partnership has not yielded much, Sullivan said.
Google's new personal approach also raises a broader societal issue, Sullivan said.
"Until now, search has largely been a common experience," Sullivan said. Jon Stewart gets a lot of laughs over Rick Santorum's "Google problem" (a search for his last name brings up a graphically sexual definition of "santorum"). But if search results are tailored to the beliefs we hold and the people we know, chances are "we might not actually see the same thing Jon Stewart sees anymore," Sullivan said.
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Photos: Google's new "personal" search results. Credit: Google.
Celebrated graffiti artist David Choe has once again tagged Facebook.
Choe became infamous in Silicon Valley for allegedly being commissioned to spray-paint sexual graphics on the walls of Facebook's first Palo Alto office in 2005 by the company's founding president, Sean Parker. (If that really happened, though, it has been airbrushed out of the official Facebook history). Choe painted less — ahem — colorful murals for Facebook's next digs in 2007, this time at the request of Chief Executive Mark Zuckerberg. When Facebook outgrew its office and moved again, it carved Choe's artwork out of the walls and took the pieces to the new place, where they were proudly hung.
So it's not much of a surprise that Choe has christened Facebook's latest address on Hacker Way in Menlo Park. Zuckerberg invited Choe to the new campus and even showed him around before Choe flexed his artistic muscles on Facebook's walls again. He painted a large blue mural in the lobby of one building and tagged the walls elsewhere with a variety of pieces, some of his own inspiration and some suggested by Facebook staffers, who stayed late Friday to "hack out" the office with spray paint and chalk.
Choe's Facebook graffiti art was re-created for the set of the film "The Social Network" by two of his friends, Rob Sato and Joe To.
You can check out more of Choe's adventures at Facebook here.
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Photo: Graffiti artist David Choe tags Facebook's new Menlo Park campus at the request of Facebook founder and Chief Executive Mark Zuckerberg. Photo credit: Hunterzpointz
Four months after it fired Carol Bartz for failing to engineer a turnaround, struggling Internet company Yahoo has named Scott Thompson as her successor.
Thompson, who ran EBay's PayPal unit, could "refocus" Yahoo's business, which has deteriorated without a permanent chief executive officer, analysts said.
Thompson will focus on turning around Yahoo's “core business,” its media and advertising assets, and work closely with the board on a review of the company's strategy, Chairman Roy Bostock said.
Thompson starts Jan. 9. His appointment will not slow down the company's strategic review, which includes the possibility of unloading valuable stakes in Asian Internet companies and selling a minority stake to private equity investors.
Yahoo is still considering "a wide range of opportunities for the company's business as well as specific investments or dispositions of assets," Bostock said.
Thompson must boost Yahoo as it loses eyeballs and ad dollars to Google and Facebook. Yahoo still has an online audience of more than 700 million visitors a month. But it's quickly losing market share to Google and Facebook. Facebook catapulted over Yahoo in U.S. display ad revenue last year while Google remains the third-largest purveyor of display ads, according to research firm EMarketer.
Thompson, who ran PayPal since January 2008, is credited with increasing revenue to more than $4 billion from $1.8 billion. He helped the payments company expand into online daily deals and mobile payments. He also helped PayPal expand its number of users to more than 104 million from 50 million. But he lacks experience on the media content side of Yahoo's business.
Thompson is betting that Yahoo's business is stronger than people think.
That was also the opinion of Bartz, who during her tenure reduced costs and formed a search partnership with Microsoft, but could not help Yahoo regain its sales growth in advertising and search. Bostock fired Bartz over the phone. Tim Morse, who had been chief financial officer, became the interim chief executive in September. He will return to his post as chief financial officer.
Thompson's selection could signal that Yahoo is preparing to reclaim its mantle as a technology company.
"We believe the appointment of Scott Thompson as CEO is a slight positive for Yahoo as he will likely act quickly to provide direction to the company that it has lacked in the past few months," said Piper Jaffray & Co. analyst Gene Munster. "Thompson's background is strong in technology, but he lacks media experience. We believe this could suggest that Thompson will focus Yahoo more on technology than Carol Bartz or Terry Semel in the past."
Analysts cautioned that Yahoo faces significant challenges.
"As always execution will be key," Macquarie Capital analyst Ben Schachter said. "As much as we respect what Scott has done at PayPal, Yahoo faces significant challenges in terms of brand identity, technology infrastructure, employee morale, competitive challenges, the transition to mobile etc. To say that Scott has his work cut out for himself is an understatement."
Yahoo shares fell 34 cents, or 2%, to $15.91 in trading Wednesday. Shares of EBay fell $1.09 or 3% to $30.25.
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Photo: Carol Bartz, who was fired in September as CEO of Yahoo, has been replaced by PayPal's Scott Thompson. Photo credit: Paul Sakuma / Associated Press
"Facebook" was the term most frequently searched for by American Internet users in 2011, according to a report from Experian Hitwise, part of the Experian Marketing Group.
In fact, "facebook" dominated Experian's top ten list, showing up in four different iterations: "Facebook login" was the third most searched for term this year. "Facebook.com" was fifth, and "www.facebook.com" came in eighth.
The full list looks like this:
1. facebook
2. youtube
3. facebook login
4. craigslist
5. facebook.com
6. yahoo
7. ebay
8. www.facebook.com
9. mapquest
10. yahoo.com
This is the third year in a row that "facebook" has topped the list. Searches for that one-word term were up 46% this year from 2010. Multiple-term searches including "facebook" were up 24% from last year.
"Navigational searches dominated the top search results as users typed in terms versus typing in the URL in the browser bar," Simon Bradstock, a general manager of Experian Hitwise, said in a statement.
Single-word searches rose 11% users came to expect that their search engine would fill in the rest of the terms for them.
The most frequently searched-for public figures, Experian, said were Justin Bieber at No. 1 and Casey Anthony at No. 2. (Charlie Sheen was No. 6.)
In the movies category, "Star Wars" — surprisingly — came in at No. 1, followed by "Transformers 3" and the "Breaking Dawn" installment of the "Twilight" series.
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Photo: Facebook's logo, displayed at the company's office in New York. Credit: Scott Eells / Bloomberg
Saudi Arabia's Prince Alwaleed bin Talal has scooped up a substantial stake in Twitter.
The multibillionaire has made a $300-million investment in the popular social media site that activists used during the Arab Spring uprisings. That's roughly a 3% stake in the San Francisco company.
Twitter confirmed the investment, which was announced in a press release from Kingdom Holding Co. that touted Alwaleed's desire to invest in "promising, high-growth businesses with global impact."
A nephew of Saudi King Abdullah, Alwaleed owns 95% of Kingdom Holding, which has stakes in Apple, Citigroup and General Motors. He is one of the richest people in the world, with a net worth of nearly $20 billion, according to Forbes magazine. For more on him, check out this Charlie Rose interview from last year.
Fortune is reporting that he bought his stake in Twitter from insiders, not the company. Twitter spokesman Matt Graves declined to provide any further details. The prince's investment in Twitter has been rumored since October.
The San Francisco company's worth was pegged at $8.4 billion in a funding round led by Digital Sky Technologies in October.
Twitter says it has 100 million active users who send 250 million tweets per day.
One of an elite group of privately held social media companies sporting multibillion valuations, Twitter is taking its time before going public. Facebook, which has more than 800 million users, is planning a $10-billion initial public offering. Twitter is also seen as a major player in social media because of its popularity. The company is still working on its fledgling advertising business.
Twitter's advertising business is expected to generate about $140 million this year, up from $45 million last year, according to EMarketer. Twitter may generate $260 million in ad revenue in 2012, the research firm said. Twitter now has more than 700 employees.
“We believe that social media will fundamentally change the media industry landscape in the coming years. Twitter will capture and monetize this positive trend,” Ahmed Reda Halawani, Kingdom Holdings executive director of private equity and international investments, said in a statement.
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Photo: Square and Twitter co-founder Jack Dorsey in June at D9. Credit: Asa Mathat / All Things Digital
A San Jose federal judge rejected Facebook's bid to dismiss a lawsuit claiming that ads telling Facebook users that their friends "like" the advertisers violate a California law on commercial endorsements.
U.S. District Judge Lucy Koh ruled Friday that the case can move forward but dismissed a claim that Facebook, which makes an estimated 90% of its money from online advertising, was unfairly profiting from the ads.
“We are reviewing the decision and continue to believe that the case is without merit,” Facebook spokesman Andrew Noyes said in an e-mailed statement.
The world's most popular social networking site began running the ads called "sponsored stories" in January. Such an ad shows a friend's name and profile picture and notes that the friend "likes" the advertiser.
The lawsuit was brought by Facebook users who contend the site is making unauthorized use of their names and likenesses, violating the state's "right of publicity" statute. Facebook says the law does not apply because of an exemption. The plaintiffs seek to represent tens of millions of Facebook users.
Facebook’s revenue will reach $6.9 billion in 2012 from $4.27 billion this year, according to estimates by research firm EMarketer. Its major selling point to advertisers is the persuasive nature of advertising when a product or service is recommended by a friend. People are twice as likely to remember commercial endorsements from friends and three times as likely to buy the product, according to Facebook executives.
Privacy issues continue to dog Facebook, which reached a privacy settlement three weeks ago with the Federal Trade Commission.
RELATED:
Facebook looks to cash in on user data
Facebook nears settlement with FTC on privacy
Facebook and FTC reach agreement on privacy protections
– Jessica Guynn
Photo: Facebook CEO Mark Zuckerberg shows off Timeline, a dramatic redesign of users' profiles, in September. Credit: David Paul Morris / Bloomberg
The entrepreneur who legally changed his name to Mark Zuckerberg says he has received mostly "funny reactions" since his story appeared on television news in Israel on Thursday evening.
"I've had a flooding of phone calls, as well from people I haven't seen for years. The people I did talk to think it's a mad idea, but take it with a smile," Rotem Guez — a.k.a. Mark Zuckerberg — wrote in an email.
"It's amusing, you know, because I'm so small while Facebook's huge," he added.
The 32-year-old entrepreneur, who says he also runs an online marketing company and a bailiff company, came up with the idea to change his name to Mark Zuckerberg after Facebook sued him.
"I wanted that once they sue me, they'll face suing 'Mark Zuckerberg,'" he said.
He says Facebook accused him of selling fictitious "likes," but he says they came from real users.
"The idea was, if only 'Mark Zuckerberg' is allowed to sell likes, then for that matter, I'm 'Mark Zuckerberg,'" he said.
Has he heard anything from Facebook about his name change?
"Yes, a few hours ago, my personal profile was disabled," he said.
No word from Facebook on whether it suspended his Facebook account. In a written statement, a spokesman said: "Protecting the people who use Facebook is a top priority and we will take action against those who violate our terms."
Here's a recap on the strange story of the entrepreneur who would be Mark Zuckerberg.
RELATED:
Facebook is suing Mark Zuckerberg (No, really)
Facebook reportedly disables account of attorney Mark S. Zuckerberg
Chinese activist furious at Facebook, which shut down his profile but kept that of Zuckerberg's dog
– Jessica Guynn
Photo: Facebook founder Mark Zuckerberg greets a student as he arrives to speak at Harvard University in November. Photo credit: Kelvin Ma / Bloomberg
No, this is not a headline ripped from the Onion. Just wanted to get that out of the way.
Facebook is suing Mark Zuckerberg.
Not the Zuckerberg who founded Facebook, of course, but an Israeli entrepreneur who, embroiled in a bitter dispute with Facebook, has legally changed his name to Mark Zuckerberg.
Gotta admit it's kind of a clever move. I would not have seen that one coming. And it's more than a touch ironic for the giant social network that Zuckerberg built on the idea of authentic identity.
Apparently, Rotem Guez a.k.a. Zuckerberg took Zuckerberg's name after Facebook sued him. That was after he sued Facebook first because it apparently shut down his "Like Store," which sold advertisers fans for their pages in violation of Facebook's terms of service. In December, he changed his name to Mark Zuckerberg.
He has a page on Facebook with more than 3,000 likes.
When one Facebook user took to the page to call him a "huge joke," the newly self-anointed Mark Zuckerberg replied: "The world is big enough for more than one Mark Zuckerberg."
Of course there are other people in the world named Mark Zuckerberg. But most of them were born that way.
RELATED:
Facebook's Mark Zuckerberg braces for 'The Social Network'
Facebook reportedly disables account of attorney Mark S. Zuckerberg
Chinese activist furious at Facebook, which shut down his profile but kept that of Zuckerberg's dog
– Jessica Guynn
Photo: Facebook co-founder and CEO Mark Zuckerberg at on Nov. 7. Credit: Brian Snyder / Reuters
Someone is leaking very private financial information in advance of Facebook's $100-billion initial public offering next year.
Gawker has the numbers, which it calls "the Silicon Valley equivalent of hard-core pornography."
"The big picture is this: Facebook's income is blowing up, and the company will likely come close to earning a full billion dollars in profit this year, more than double what it reportedly made a year ago and quadruple what it is believed to have made two years ago," Ryan Tate wrote in the Gawker piece. "There have been news reports elsewhere on prior Facebook financial periods; our numbers from the latest quarter show the money keeps pouring in."
According to Gawker's unnamed source, Facebook had $3.5 billion in cash and cash equivalents, $5.6 billion in assets, revenue of $2.5 billion and net income of $714 million this year through September. And — unlike many of us around the holidays — it had zero debt.
(Not everyone is so impressed with the numbers.)
Gawker says it also got an inside peek at who owns Facebook: Employees 30%, Mark Zuckerberg 24%, Digital Sky Technologies 10%, Accel Partners 8%, Dustin Moskowitz 6%, Eduardo Saverin 5%, Sean Parker 4%, Goldman Sachs clients 3%, Microsoft 1.3%, Peter Thiel and/or Clarium Capital 3%, Greylock Partners 1.4%, Meritech Capital Partners 1.6%, Chris Hughes 1 %, Li Ka-shing 0.75%, Interpublic Group 0.5% and Goldman Sachs 0.8%.
"Facebook is clearly drowning in success. CEO Mark Zuckerberg could fill that saltwater lap-lane pool behind his house with hundred dollar bills many times over," Tate wrote.
Facebook did not respond to a request for comment.
RELATED:
Ready or not, it's time for Facebook's Timeline
Facebook looks to cash in on user data
Report: Facebook delays IPO until late 2012
– Jessica Guynn
Photo: Facebook founder and CEO Mark Zuckerberg announces a new messaging system on Facebook in November 2010. Photo credit: Justin Sullivan / Getty Images
President Obama may have friended Facebook. But he and First Lady Michelle Obama don't let their daughters, Sasha and Malia, use it.
The revelation came in a People magazine interview.
"Why would we want to have a whole bunch of people who we don’t know knowing our business? That doesn’t make much sense,” the president said in the interview.
The first lady pointed out that Malia is 13 and Sasha 10, the interview said. Joked the president: "We'll see how they feel in four years."
Technically, only Malia is old enough to have an account on Facebook. Federal regulations prohibit websites from collecting information from users younger than 13. As a result, Facebook requires its users to be at least 13.
That hasn't stopped millions of preteens from signing up for Facebook, often with their parents' help.
Regulators are considering updating laws to reflect the new era of social networks and smartphone apps. The Federal Trade Commission proposed tougher privacy protections for children younger than 13, broadening requirements covering the collection of personal information by websites and online apps as well as how to obtain parental approval.
RELATED:
Survey: Parents lie to help preteens get on Facebook
Tougher preteen privacy rules urged
Obama finds Facebook headquarters a friendly place
– Jessica Guynn
Photo: President Obama at Facebook headquarters in April. Photo credit: Jim Young / Reuters
Facebook and Greenpeace have called a truce over so-called dirty data after the environmental organization used the social networking giant's own site to rally for the cause.
Facebook has formed a partnership with Greenpeace to campaign for the use of clean and renewable energy, they said in a joint announcement Thursday.
The announcement was sparse in details but big on public-relations value for Facebook.
"Facebook looks forward to a day when our primary energy sources are clean and renewable, and we are working with Greenpeace and others to help bring that day closer," Marcy Scott Lynn of Facebook's sustainability program said in the statement.
Greenpeace has attacked Facebook for using coal to power its data centers with an Unfriend Coal campaign that drafted 700,000 online activists to call on Facebook to use clean energy instead.
“Greenpeace and Facebook will now work together to encourage major energy producers to move away from coal and instead invest in renewable energy. This move sets an example for the industry to follow,” Tzeporah Berman, co-director of Greenpeace’s International Climate and Energy Program, said in the statement. “This shift to clean, safe energy choices will help fight global warming and ensure a stronger economy and healthier communities.”
Facebook has pledged to use clean and renewable energy in its data centers. Facebook has launched the "Green on Facebook" initiative and the Open Compute Project which aims to build low-cost, highly efficient technology for data centers.
Facebook tipped its hat to Greenpeace's deft use of Facebook.
Last year Facebook opened a data center in Prineville, Ore., that saves energy by taking advantage of the climate there. But Greenpeace protested that Facebook used a power company that generates most of its electricity from coal. It launched a campaign on Facebook to get Facebook to rely on renewable energy. The page has more than 180,000 followers.
Facebook said it would work with the organization to engage users and communities on how to save energy.
Greenpeace said the agreement "raises the bar" for Apple, Microsoft, Twitter and others. IT says that the data centers operated by online services total more than 2% of all U.S. electricity demand.
RELATED:
Facebook to share energy-efficiency technology developed for data centers [Updated]
Cloud computing and Internet use suck energy, emit CO2, says Greenpeace
Manure could power data centers, Hewlett-Packard scientists say
— Jessica Guynn
Photo: Engineer Lee Rodriguez monitors huge transformers at the Garland Center that would kick in during a power outage and keep the many computer servers in the building running. Photo credit: Bob Chamberlin / Los Angeles Times
Set aside some time for Timeline. Especially if you have been actively using Facebook for years. This is going to take a while.
Fresh off its global debut in New Zealand, Facebook is rolling out its new profile design to all of its more than 800 million users. For the first time, they are getting a look at how their lives are about to appear to all of their friends.
Facebook said in a blog post Thursday that users can either wait for a notification to pop up on their screen or go to facebook.com/about/timeline to get Timeline right away. No point in foot dragging: Eventually all profiles will switch to the new look.
That means that all of those forgotten memories won't be lining the dustbin of your personal history for long. The new design has a way of bringing even the most mundane status update rushing back.
It used to be that profiles surfaced only the most recent stuff. But Timeline is like an obsessive compulsive's digital scrapbook, collecting every detail, no matter how trivial, in chronological order.
It may get people to think twice about what they do and say on Facebook. Or not. It's likely that a lot of people will look at the new profile, throw up their hands and just keep on doing what they've been doing. For now, it probably means that everyone with a Facebook profile is going to spend a lot of time perusing, pruning and doing a whole lot of adding.
Take it from me: I used a workaround meant for software developers and got Timeline shortly after Mark Zuckerberg unveiled it in late September during Facebook's annual developer conference in San Francisco. I could see what was happening in my life years ago as clearly as today. I proceeded to pore over my profile to highlight what was important to me and hide what wasn't. I also noticed a lot of other folks getting busy adding photos from important moments in their lives to better reflect their lives on Facebook.
It goes without saying that some people will love the new design and some will hate it. It's impossible to make even the smallest change on Facebook without upsetting someone.
If you make the switch now, you have seven days to preview the changes, highlight or hide whatever you want and adjust your privacy settings before Timeline becomes your official Facebook profile.
If you want to see how your Facebook profile appears to other people, click the gear menu at the top of Timeline and click on "View As."
RELATED:
How to get the new Facebook "Timeline" now
New Zealand is first country to get Facebook's Timeline feature
Facebook updates its status: It wants to be an entertainment hub
– Jessica Guynn
Image: Facebook's new profile design Timeline Courtesy: Facebook
Forums are Dead! Long Live Forums!
Forums were the original social media destinations. Before Facebook and Twitter, topic-focused forums were everywhere and were an integral part of getting the word out about a product or service and interacting with others including prospective customers.
With the rise of social media however, forums have for the most part simply fallen out of vogue. The most savvy vendors of forum software however are building applications which integrate with the new iteration of social media sites including Facebook. Case in point, leading forum software vBulletin (a product WM recommends and which was mentioned in some detail on my book Web 360) has just released a customizable Facebook application that allows vBullletin forum operators to engage existing members and attract new ones on Facebook.
Community members on forums with the application activated are able to interact with the forum while logged into Facebook, and new "discover" and "explore" tabs provide content recommendations to members that analyzes interests and connections of users on Facebook. Members on vBulletin platforms can also showcase their forum activity on Facebook itself.
"Facebook is an amazing ecosystem and is a hub of social online activity for over 800 million people," said Joe Rosenblum, chief technology officer at Internet Brands, the parent company of vBulletin. "Our customers have been asking us for a solution that gets their forums in front of their members while they're on Facebook in an easy, organic way. We developed this application in direct response to these requests."
Occupy Wall Street, Osama bin Laden's death and the birther movement all ranked high on Facebook's top political stories this year.
The social networking site said Wednesday that its "Facebook Political Team" looked at some of the top sources for political news and what stories received the most traffic from Facebook through friend shares, pages and social plug-ins such as the "like" button.
The top 40 stories came from newspapers, television news shows and blogs and "represent the type of political news people have been sharing and discussing with their Facebook friends this year," the tech company said.
Coming in at No. 1: "Open letter to that 53% guy," in which an Occupy supporter responds to a former Marine who posted a photo of himself telling Occupy supporters to, among other things, "Suck it up you whiners." The story has been shared 585,000 times, "liked" on Facebook 150,000 times and has nearly 600 comments on the Daily Kos, a political blog.
Facebook's list wasn't all economy and wars, though. It also contained some light-hearted stories, including First Lady Michelle Obama's visit to a middle school in which she danced the dougie and running man (No. 6), the Obamas shopping at a Target (No. 29) and lobbyists succeeding at getting pizza classified as a vegetable in schools (No. 38).
Here's the full list:
1. Daily Kos: Open Letter to that 53% Guy
2. Washington Post: Obama's and Bush’s effects on the deficit in one graph
3. FOX News: Should U.S. Get Involved in Syria?
4. CNN: Osama bin Laden, the face of terror, killed in Pakistan
5. Salon: "USA! USA!" is the wrong response
6. Huffington Post: Michelle Obama Dances 'The Dougie' & 'The Running Man'
7. Huffington Post: Obama's Birth Certificate Through The Eyes Of A Birther
8. CNN: Think Occupy Wall St. is a phase? You don't get it
9. Huffington Post: Sarah Palin's PAC Puts Gun Sights On Democrats She's Targeting In 2010
10: MSNBC: Anti-gay marriage group fakes support with doctored photos
11. Huffington Post: Conservative Pie: Republicans Introduce Legislation Redefining Pi
12.Huffington Post: Westboro To Picket Funerals Of Arizona Shooting Victims
13. MSNBC: Web's bin Laden 'death photo' (just the photo) is fake
14. LA Times: Michele Bachmann is worried about the Renaissance
15. Huffington Post: Senate Votes To Let Military Detain Americans Indefinitely
16. FOX News: White House Condemns Possible Execution of Iranian Pastor
17. Huffington Post: Everything The Media Told You About Occupy Wall Street Is Wrong
18. FOX News: Usama Bin Laden Killed in Firefight With U.S. Special Ops Team in Pakistan
19. CNN: Arizona enacts funeral protest legislation
20. FOX: 'Occupy Wall Street' — It's Not What They're for, But What They're Against
21. LA Times: Lara Logan breaks her silence on '60 Minutes'
22. The Blaze: Adam Carolla on Occupy Movement: '[Expletive] Self-Entitled Monsters'
23. MSNBC: In the ruins of Gadhafi's lair, rebels find album with photos of Condoleezza Rice
24. CNN: Soldier leaves a legacy much larger than 'he was gay.'
25. Slate: Pentagon's top secret cat warfare exposed
26. CNN: Middle class backlash at Occupy Wall Street protesters
27. Weekly Standard: Obama bans asthma inhalers over environmental concerns
28. Slate: Clarence Thomas writes one of the meanest Supreme Court decisions ever
29. Good Morning America: Obamas go shopping at Target
30. CNN: Who owns America? Hint: It's not China.
31. Huffington Post: UC Davis protesters arrested, pepper sprayed
32. FOX News: Should the American flag be banned in America?
33. Huffington Post: UC Davis police officer pepper sprays nonviolent protesters
34. LA Times: Arnold Schwarzenegger acknowledges paternity of child out of wedlock
35. MSNBC: U.S. Forces kill Osama bin Laden in Pakistan
36. MSNBC Video: Obama announces the death of Osama bin Laden from White House
37. CNN: Obama announces the death of Osama bin Laden
38. Huffington Post: Lobbyists succeed in categorizing pizza as a vegetable in schools
39. MSNBC: Lobbying firm memo spells out plan to undermine Occupy Wall Street
40. Wall Street Journal: How to Tax the Rich
RELATED:
Facebook says LAX tops list of most 'social' airports
Facebook to launch its own political action committee
Facebook privacy policy becomes an issue in political attack ad
– Andrea Chang
Photo: An Occupy Wall Street demonstrator in New York in November. Credit: Brendan McDermid / Reuters
Facebook has a new service that will enable users of the social network to report friends who have expressed suicidal thoughts and make sure they get an offer of help from the National Suicide Prevention Lifeline.
Friends will be able to report suicidal behavior by clicking a report option next to any content on the site and choosing suicidal content under the harmful behavior option, Facebook spokesman Frederic Wolens told Reuters.
Facebook will then send the suicidal person an email that will encourage them to call the National Suicide Prevention Lifeline (phone number included). The email will also include a link that will enable those who would prefer not to talk on the phone to begin a confidential online chat session with a crisis worker.
Facebook and Lifeline have been working together since 2006 to provide help to at-risk users of the social networking site, but this is the first time Facebook is making online chat sessions available to its users as an option for suicide prevention.
"Although the Lifeline on average handles 70,000 calls per month, we have heard from our Facebook fans and others that there are many people in crisis who don't feel comfortable picking up the phone," John Draper, Lifeline's project director, said in a statement. "This new service provides a way for them to get the help they need in the way they want it."
Lifeline said they will make sure that crisis center workers will be available 24 hours a day seven days a week to respond to Facebook users who prefer to use a chat session.
Surgeon General Regina M. Benjamin commended Facebook and Lifeline for addressing suicide — which she described as one of America's most tragic public health programs. In a statement she said that nearly 100 Americans die by suicide every day.
"We have effective treatments to help suicidal individuals regain hope and a desire to live and we know how powerful personal connections and support can be," she said. "Therefore we as a nation must do everything we can to reach out and provide them with the help and hope needed to survive and return to productive lives with their family, friends and communities."
ALSO:
Facebook says LAX tops list of most 'social' airports
Google's Street View shows Japan before and after tsunami
Apple removes fake driver's license app after senator complains
Photo: Heather Rosenbaum works her regular volunteer shift at a suicide prevention hotline on Christmas Day 2001. Credit: Clarene Williams / Los Angeles Times
Facebook is looking to write the final chapter in a long-running legal dispute as the social networking giant prepares for a $100-billion initial public offering next year.
Facebook plans to ask a federal judge in January to dismiss a lawsuit brought by Paul Ceglia, a New York man who contends he's entitled to half of Chief Executive Mark Zuckerberg's multibillion-dollar stake in Facebook.
Calling the lawsuit a "shakedown," Facebook said it has evidence the alleged 2003 partnership agreement Ceglia produced was faked two years ago, according to the Buffalo News.
"Since Day One, this case has been about pressuring us into writing a check and from Day One, we've said that's not going to happen," Orin Snyder, a lawyer for Facebook, said during a four-hour contentious federal court hearing Tuesday, the newspaper reported.
Dean Boland, one of Ceglia's lawyers, accused Facebook's lawyers of damaging the agreement and causing it to turn yellow, which could make some potential jurors question its authenticity. Snyder retorted that Ceglia yellowed the document in an effort to make it appear older.
U.S. Magistrate Judge Leslie G. Foschio did not say how he would rule on a motion to dismiss, but suggested Facebook give Ceglia more time to question its experts.
"You have to put yourself in the court's shoes," Foschio said. "It's an unusual case."
RELATED:
Facebook claimant Pau Ceglia returns to U.S. to press his case
Paul Ceglia seeks Mark Zuckerberg sanctions
Facebook claimant Paul Ceglia gets new lawyer
– Jessica Guynn
Photo: Facebook founder and chief executive Mark Zuckerberg in October 2007. Credit: David M. Barreda / San Jose Mercury News
Facebook has compiled a list of the world's most "social" airports and says LAX is No. 1.
The social networking behemoth found that more people share that they are at LAX than any other airport in the world.
Airports in the United States make up the top six spots on the list, with Hartsfield-Jackson Atlanta International Airport in the No. 2 spot followed by Chicago O'Hare International Airport, San Francisco International Airport, Dallas/Forth Worth International Airport and Denver International Airport.
Australia's Sydney International Airport was the first air hub overseas to make Facebook's list, coming in at No. 7. Rounding out the top 10 were Phoenix Sky Harbor Airport, McCarran International Airport in Las Vegas and Bangkok's Suvarnabhumi International Airport.
To determine the rankings, Facebook tabulated data from people sharing their location at airports on Facebook as well as third-party location services between August 2010 and November of this year.
Further down the list at No. 15 was John F. Kennedy International Airport. San Diego International Airport was No. 17.
RELATED:
LAX-bound plane makes emergency landing
Alec Baldwin kicked off flight at LAX
– Andrea Chang
Photo: Passengers wait at LAX's Tom Bradley International Terminal. Credit: Michael Robinson Chavez / Los Angeles Times
New Zealand already has lush rainforests and sandy beaches, bungee jumping and scuba diving, gourmet restaurants and lively night life, even a thriving tech community that has drawn investment from the likes of Peter Thiel. (Of course, they drive on the left side of the road, but hey no place is perfect).
Now the country has something else the rest of the world does not: Facebook's new Timeline feature.
New Zealand is getting first crack at the major redesign of the profile page. Key to the decision: It's English speaking and very far away from Silicon Valley.
That's according to Sam Lessin, product director of Timeline, who told the New Zealand Herald: "We chose New Zealand to be first — and I'll probably get in trouble for saying this — primarily because it is an English-speaking country…. It's far away from our data centers, so we can monitor speed and performance."
It may also have something to do with the country having about 4.4 million people, 2 million of whom are on Facebook.
And just how long will the rest of the world have to wait?
"We're definitely taking our time with this one," Lessin said. "It will give people a chance to get excited about what they can do with it."
RELATED:
How to get the new Facebook 'Timeline' now
Facebook updates its status: It wants to be an entertainment hub
How to limit sharing in the face of Facebook's new features
– Jessica Guynn
Photo: New Zealand triathlete Tanya Dromgool leaves the water during a triathlon in Wanaka, New Zealand. Credit: Phil Walter/Getty Images
Intuit, best known for its business and financial management software solutions for SMB’s, announced the release of SimpleStore for Facebook, an f-commerce solution which enables merchants to sync their website and Facebook page.
Perhaps the single biggest benefit of SimpleStore for Facebook is the one-page checkout which is made possible by Intuit’s Web Payment services. Small business owners can accept credit or debit card payments directly on Facebook with no added log-ins required for the customer. Since Intuit Web Payment is already tied to a users’ merchant account, small businesses receive payment directly (and quickly) from Intuit, whether a sale is made on their website or Facebook page.
There is currently a 30-day free trial of the service, costing roughly $35/mo thereafter.
“In today’s online world, it is more important than ever for small businesses to be where their customers are and this holiday season they have the ability to sell to Facebook’s 800 million users,” said Barry Saik, vice president and general manager of Intuit's Grow Your Business division. “This tool will allow small businesses to be everywhere at once, capturing online shopping traffic through both their website and Facebook page.”
There’s a lot of interest in Facebook commerce (f-commerce) today but the verdict is still out for merchants in relation to how well it is performing. Got an opinion on f-commerce? Share with the Website Magazine community by commenting below.
Related F-Commerce Content on at WebsiteMagazine:
- Facebook Commerce for the Socially Challenged
- Master List of Facebook Commerce platforms
- In-Stream Checkout with ShopIgniter
- The Socialization of Online Commerce
- Wishpond F-Commerce for the Brick & Mortar Set
Wordy and long-winded Facebook users may officially rejoice.
Twitter may limit you to a paltry 140 characters. But Facebook wants you to go on and on (and on).
The social networking site has increased its limit in status updates to more than 60,000 characters — 63,206 characters to be exact. That means you could fit an entire novel into nine status updates. (If you are a friend of mine, I am asking you nicely not to try).
Just this summer, Facebook pumped up the limit to 5,000 from 500 characters for those who are congenitally incapable of keeping things short and sweet. Back in the olden days (March 2009), the limit was 160 characters, a 20-word premium on Twitter.
Still Facebook doesn't let you go on as long as Google+. There the limit appears to be 100,000 characters.
For that, you may have to buy a few vowels from Vanna White.
RELATED:
Survey: Parents lie to help preteens get on Facebook
Facebook looks to cash in on user data
Profile: Andrew Bosworth, Facebook social engineer
– Jessica Guynn
Photo: Facebook founder and Chief Executive Mark Zuckerberg shows off the social network's new "time line" feature at its annual developers conference in San Francisco in September. Credit: David Paul Morris / Bloomberg.
Cisco Systems Inc. sees a cloudy future.
By 2015, cloud computing will account for nearly 34% of traffic at the world's data centers, the huge computing stations that now process and distribute most of the Internet's information. Last year the cloud accounted for only about 11% of data center traffic.
The trend comes as data centers become an ever larger part of the way the Internet works, acting as the digital jet engines for the Internet's most-used services: Google, Facebook, Amazon, Apple's iCloud and many others.
Cisco's first "Cloud Index" report says that overall traffic at data centers will more than triple by 2015, to 4.8 zettabytes from about 1.5 zettabytes in 2011. Cisco is one of the world's largest vendors of the networking hardware that sends data around the Internet and between servers in a given data center.
A zettabyte is an astronomical amount of data, equal to 1 billion terabytes. A terabyte is 1,000 gigabytes. Many current PCs contain about 500 gigabytes of storage. So the amount of data that will be processed by the world's data centers by 2015 is roughly what you could fit on 2 billion modern PCs.
None of that may be very surprising, as the benefits of cloud computing — including the substantially lower cost of storing and retrieving data to consumers and businesses — have been widely extolled in recent years. Cisco differentiates between "traditional" services and cloud servers; the latter is a more elastic type of computing that can grow or shrink depending on the number of active users or the types of tasks it is performing.
That can make for economic and energy efficiency gains by reducing the number of data center servers that sit idle while, for instance, people in North America are asleep. With cloud systems, those otherwise unused servers can be shifted over to perform needed functions — often for different companies on other continents.
The rapid movement of data that goes along with cloud computing has raised a number of concerns about online security, including whether consumers and businesses can know precisely where their private data is located and the extent to which cloud data is vulnerable to hackers or accidental disclosure.
RELATED:
Apple prepping movie cloud service
Amazon sweetens its deal for cloud music service
Amazon.com apologizes for multi-day cloud computing outage
– David Sarno
Image: An artist's rendering of Facebook's newest data center in Lulea, Sweden, on the edge of the Arctic Circle. Facebook picked the location because the cold climate allows it to keep its servers cool more cheaply. Credit: Associated Press
Pay Per Click Marketing vs Facebook Advertising
Google is the Bad Egg of Internet Marketing & MLM. With so
many accounts slapped and closed down for good, Top Gurus
are turning to Facebook Advertising as a far superior
option for cheap targeted traffic.
Don’t Put your Eggs in One Marketing Basket
Savvy Pro marketers like our members aren’t panicking -
we’ve always had a back up plan on the go. Our advice has
been simple – don’t put all your eggs in one basket -
especially Google’s! If you’re using Pay Per Click
Advertising, then make sure you also have some SEO going on
- to generate organic traffic.
It takes a lot of hard work to get your site ranked
through organic traffic – writing articles, forum posts,
blogs, squidoo lenses, hub pages, video marketing – to
build up your online presence and expertise for your chosen
niche keywords.
Organic takes time. So if you don’t have the patience and
want to generate lots of traffic fast, PPC is a good to
have as part of your marketing model.
But internet marketers and PPC experts are absolutely fed
up with the arrogance of Google. So if we’re not doing
Google Adwords for our marketing, where do we get the
masses of traffic we are still able to generate on a daily
basis?
Adding Content Rich Social Marketing into the Mix
If you want free traffic, you usually have to spend masses
of your time with manually writing copy and creating
podcasts and video marketing. So really it’s not free at
all – time is money and all that. Hiring a copy writing
group to create niche content can become quite expensive.
So all this organic SEO friendly traffic takes time to
build up and requires consistent daily effort. This is good
to add to your marketing mix but won’t give you fast
traffic.
What’s super important too is that organic SEO content is
ultimately still controlled by the search engines, so
Google still has power over how you get seen by your
prospects.
How hard is it these days to do enough clever keyword
research to get your unique niche and rank on page one of
Google. Almost impossible – especially if you’re one newbie
trying to compete with the big gurus in internet marketing
or MLM network marketing arena.
What Marketing Strategies to Use that Beat Google Adwords
Fair and Square?
What company is fair and sane, loves affiliates and direct
marketers? What company attracts nearly 40 billion views a
month and the traffic is uber quality and dirt cheap? Who
is this company? Well, it’s your friendly neighbourhood….
Facebook!
Facebook is the only company that Google actually
acknowledges is a real competitor to them. Facebook is
currently showing up as having four hundred million active
members – that makes it 5 times the size of Google!!!
Yet Facebook ads represent just 5% of the advertising done
on Google.
Now don’t be thinking Facebook is just for youngsters!
Insidefacebook.com published its statistics and show that
only 11% of users are aged 13-17. While 33% are 18-25s, a
whopping 18% are aged between 35 and 44. That’s 100 million
people! And a further 9% are aged 45-54 and 4% 55-65.
Don’t spend another cent with Google till you’ve checked
out Facebook Advertising.
Why Facebook is the New Face of Paid Advertising
Facebook is pretty much untapped compared to PPC
advertising on Google, Yahoo or Bing.
It’s truly a “sleeping giant”, an ingenious source of
traffic that is…
- much bigger than PPC
- less competitive than PPC
- more targeted than PPC
- less expensive than PPC
And what’s more, Facebook’s integrated personal profiles
mean you can hone in on exactly the demographic you are
trying to target – not just on keyword phrases, you can
also target only Facebook members who are in particular age
groups, regions and/or have specifically stated certain
interest areas – it’s simply awesome how deep you can get
into Facebook – giving you massive choice and combinations.
Because of this, Facebook allows you to use the same ad in
many different ways so you can really hit the hot spots of
your users and their interests. Imagine being able to
target by age, gender, film interests, AND keywords… you
can really hit your message home.
So what this means in practice is that the clicks you get
on your Facebook ad are immensely more targeted and convert
far better and cost far less than what you’d achieve on
Google Adwords.
If all that targeting isn’t enough to convince you, here
are some more benefits of using Facebook advertising:
- Facebook is also great for newbies. It’s really easy to
use and to set up your campaigns. If you can send an
email, you can do Facebook ads.
- Facebook ads work in any market and will give a far
better ROI than PPC, even for affiliate marketing.
- Facebook advertiser competition is minimal right now,
so now is the time to tap into this massive source of
traffic.
- Your ad in Facebook can include not only titles and
descriptions but also images, which you can’t do with
PPC ads.
- Facebook ads leave little wastage because you can seek
out ultra targeted members who are likely to respond to
your offer.
Following the Facebook Rules
There is a downside.
Facebook is hugely protective of its users. So you have to
really study and follow their rules. And this will take you
some time.
The general rule of thumb stems from what is called
“permission marketing”. So make sure you check this out so
you don’t get your account cancelled.
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