It was another poor showing for Facebook last week as its stock price hit a new low Friday, dispiriting shareholders already frustrated by lower-than-anticpated profits. Billions in shareholder value was erased as the market value of Mark Zuckerberg’s flagship fell to nearly half of the $104 billion target set in May when the company went public, the Mercury Newsreports. [...]
The 49 people below, tweeting about how excruciating it is to wait for their new iPad to arrive, have lost control of their lives. They have descended into a kind of existential pointlessness, victims of modern society’s need for instant gratification, driven by the kind of overheated consumerist culture that is exemplified by Apple and [...]
SAN FRANCISCO (Reuters) – Twitter Inc said Monday that it has acquired Posterous, a blogging platform known for its slick digital media-sharing interface. The microblogging service said in a blog post that the Posterous staff “has built an innovative product that makes sharing across the Web and mobile devices simple — a goal we share.” [...]
NEW YORK (TheWrap.com) – Do social media sites like Facebook and Twitter have a liberal bias? “Internet users who describe their political ideology as moderate or liberal are more likely than conservatives to use social networking sites,” a new study from the Pew Research Center’s Internet and American Life Project says. Pew divided its study [...]
SAN FRANCISCO, March 5 (Reuters) – Over the past year, Gilt Groupe, the luxury flash-sales website, has tried to finally turn a profit by listing its goods at full price, partnering with a lifestyle magazine and even laying off the head of one of its men’s clothing divisions. Now it’s trying something new: Going viral. [...]
Worried that people aren’t reading your tweets? In a study led by Carnegie Mellon University, Twitter users rated only 36 percent of the tweets they received as worth reading, while they considered 25 percent not worthwhile, and they were ambivalent about the other 39 percent. What type of tweets do readers like most? Tweets that pose [...]
Microsoft, the software giant better known for enterprise productivity software and Excel spreadsheets, is forging into territory more commonly reserved for bootstrapping Silicon Valley startups: social media. Microsoft’s two-month old So.cl, a hybrid social network and search engine, marks the company’s latest attempt to get cozy with consumers and move beyond the boardroom, an effort that [...]
WASHINGTON — Lawmakers looking into homeland security officials’ practice of monitoring social media sites seized on a report Thursday by a civil liberties group that said taxpayers have shelled out more than $11 million to a private contractor to analyze online comments that “reflect adversely” on the federal government. In a rare show of bipartisan [...]
WASHINGTON (AP) — In this campaign season, the social networks have nothing on the news networks. A new survey from the Pew Research Center for the People and the Press finds cable news most frequently cited as a regular source of political campaign news, followed by local TV news, network news, the Internet and finally [...]
In an effort to create the ”best/worst recruiting video of all time,” Twitter employees Ian Padgham and Jeremy Briggs made “At Twitter, The Future Is You,” a spoof on the corny corporate recruitment video of yore, reports Mashable. In it, they poke fun at such classic corporate tropes as employees being really enthusiastic about coffee, employees sitting [...]
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