San Francisco/New York: Facebook Inc shares sank as much as 7.1 per cent to a record low after early investors got the greenlight to sell for the first time since the No. 1 social network went public, starting a string of insider lockup expirations expected to pressure the stock for months. More than 270 million shares owned by early investors became available for trade on Thursday. That's more than half...
12:45 AM, Aug 17, 2012
San Francisco: Facebook Inc will allow users in Britain to wager real money on its service, opening its doors to gambling for the first time as revenue growth slows at the world's No 1 social network. On Tuesday, Gamesys, an independent gaming company, launched a version of online Bingo for Facebook users in Britain who are at least 18, and which the company said will pay winners real money. Gamesys...
03:49 AM, Aug 08, 2012
New Delhi: At some point in your life you have wished you had the spontaneous timing of Chandler Bing to wriggle yourself out of a sticky situation armed with nothing but scathing wit. The iconic American situational comedy F.R.I.E.N.D.S might have redefined popular culture and made inroads into the Indian set-up, but in the last decade it was social media that shaped the way we deconstructed our lives for complete...
09:06 AM, Aug 05, 2012
London: Social network Facebook has said there are now more than 83 million fake users on the website, BBC reported on Thursday. The company said 8.7 per cent of its 955 million active users might not be real. Duplicate profiles made up 4.8 per cent of the users while 1.5 per cent of users were described as "undesirable". In total, the company said it estimated there were 83.09 million fake...
02:07 AM, Aug 03, 2012
New Delhi: Social networking sites went abuzz as soon as Anna Hazare announced that his team would seek to form a "political alternative", with many welcoming the move and some accusing Team Anna of "deceiving people". "People in our country are in desperate need of a political alternative this is a great step," tweeted Shreyasi Mukerji. Agreed, Mayank Kumar with the tweet: "Good to hear about Team Anna's decision to...
01:02 AM, Aug 03, 2012
San Francisco: Shares of Facebook Inc dipped below $20 for the first time on Thursday, pummeled by growing doubts about its growth prospects, a string of recent executive departures, and the August 16 expiration of a lockup period on insiders' share sales. The stock hit a low of $19.91 in heavy early afternoon trading. It has now lost almost half its value since debuting at $38 in May in the...
12:19 AM, Aug 03, 2012
New York: Mandy Hauck turned 25 on Wednesday, but she's avoiding Facebook and her happy birthday messages to steer clear of Olympic spoilers about her favourite sport, fencing. Hauck has also deleted her iPhone apps for CNN and ESPN, opting for news from the London Games the old-fashioned way, via TV coverage that's time-delayed by NBC for prime time. The network is making live streams of the action available in...
08:18 AM, Aug 02, 2012
New York: Google is buying a company that specialises in social media marketing as it intensifies competition with Facebook for ad dollars and attention. The company, Redwood City, California-based Wildfire, helps businesses such as Cirque du Soleil and Spotify manage social media efforts across the Internet. It's an important area for Google as people spend more time on social networks such as Facebook and as advertisers follow them. Google's social...
06:24 AM, Aug 01, 2012
New Delhi: During Facebook's inaugural earnings report Facebook CEO Mark Zuckerberg dashed hopes of seeing a Facebook-designed smartphone anytime soon. Zuckerberg refuted widespread reports that Facebook would try and design its own smartphone. According to the Facebook CEO it made little sense to dive into hardware but he adding that Facebook was constantly looking to improve the mobile experience. Recent reports said that Facebook was joining hands with Taiwanese phone...
06:54 AM, Jul 27, 2012
San Francisco: Facebook reported a drastic slowdown in revenue growth and failed to offer financial forecasts to quell fears about its ability to boost advertising growth, sending its shares plummeting to a record low. In its inaugural earnings report since becoming the first American company to debut with a value of more than $100 billion, Facebook reported revenue increased 32 per cent in the second quarter to $1.18 billion, in...
06:02 AM, Jul 27, 2012
New Delhi: People across much of the planet were having problems accessing Twitter on Thursday, a day before the 2012 Olympic Games are expected to cause a spike in use of the micro-blogging site. The latest Twitter downtime happens on the same day when Google's popular instant messaging service Google Talk, popularly known as GTalk, faced an outage that lasted for almost five hours during which users couldn't send messages...
10:11 PM, Jul 26, 2012
New Delhi: If you did not know that death stared you in the face, what would be the last message you would send out to the world? Would it be mundane and impersonal? Last tweets of celebrities have assumed the same status as the last words before death. They tell a poignant story and offer a glimpse into the minds of the people who posted them just before their death....
08:44 AM, Jul 25, 2012
Washington: After having charmed revolutionaries during the Arab spring uprising as an effective tool of communication, Twitter now appears to have caught the fancy of porn stars who are using it for personal branding through direct interaction with fans. Once relegated to sleazy red-light districts and the darker corners of the internet, porn stars are now gaining following in a surprising place: Twitter, CNN reported. According to Dan Miller, managing...
12:04 PM, Jul 21, 2012
San Francisco: Facebook Inc faces immense pressure to beat Wall Street's financial targets when its delivers its inaugural quarterly earnings report next week, hoping to wash away the bad taste left with investors from a soured IPO. The No 1 social networking company's second-quarter report on July 26 will be scrutinized by investors looking for clues on the health of its business, which is experiencing a sharp slowdown in revenue...
03:20 AM, Jul 21, 2012
Kolkata: Within a few months of debuting on the social networking website, former President Dr APJ Abdul Kalam's Facebook page is now followed by more than a million people all over the world. Ever since it was launched in February, 81-year-old Kalam has been regularly posting his thoughts, ideas, travel experiences and photographs on the official page at www.facebook.com/OfficialKalam. "Thank you friends... we are now one million strong community...lets keep...
01:10 AM, Jul 21, 2012
New Delhi: Facebook has made it easier for its over 900 million users to keep track of upcoming events such as birthdays and parties with a its Events makeover. This comes close on the heels of Google launching feature rich events for its Google Plus social networking service. The new additions to Facebook events are the Events calendar and a List view that highlight upcoming events so that users can...
07:20 AM, Jul 12, 2012
London: Social networking site Formspring said on Wednesday that it was disabling nearly 30 million registered users' passwords after hundreds of thousands of them were leaked to the Web. Formspring said in a blog post that the breach happened after someone hacked into one of the San Francisco-based company's servers. Spokeswoman Dorothee Fisher said Wednesday the company was alerted Monday that some 420,000 encrypted passwords had showed up on a...
06:59 AM, Jul 12, 2012
San Francisco: Is Twitter a technology platform, a media company - or both? With Twitter's recent moves pointing toward "media company," there is a growing concern among technologists that a trend for greater content control will compromise both innovation and Twitter's future in favor of short-term profits. The days of fledging start-up are gone for six-year-old Twitter, which is now a major player in the big battles shaping the future...
06:56 AM, Jul 12, 2012
New Delhi: Twitter is making a number of changes to its service. It has launched new apps for Android and iPhone, enhanced search, improved notifications, introduced expanded tweets and also got a new logo. Amidst this flurry of additions and improvements one long running Twitter feature has suddenly gone missing - the embeddable widgets. Twitter is now redirecting users from its widgets pages to its logo and brand page. While...
07:58 PM, Jul 11, 2012
New Delhi: Former President APJ Abdul Kalam has become the latest personality to make foray into social networking site, Facebook, where he will share his thoughts on issues concerning the country's development and his interaction with various sections of people. 81-year-old Kalam, who is already on video sharing website YouTube, will be a regular on Facebook and make his observations about making India a developed nation before 2020. Called the...
01:22 PM, Jul 11, 2012
