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May - 2012
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Facebook Stock Continues To Fizzle

Posted by Jack On May - 21 - 2012ADD COMMENTS

The Facebook IPO was the biggest news for the past 5 months, with all the preparations, the hype and the valuations. Everything seems to have died out on the day Facebook stocks hit the trading floor. It just wasn’t enough. People really were not interested in buying Facebook stocks.

What went wrong?

After the passing clouds of MySpace, Friendster, etc., etc., people believe Facebook too will be history tomorrow. Why invest in a company that isn’t going to stay?

The Reality:

Facebook really has got the potential of being THE SOCIAL NETWORK, thanks to it’s continues improvements and struggles to make sharing more fun, more easy and more enjoyable which obviously didn’t happen in MySpace. They just wanted to make some money. While MySpace did nothing to improve Facebook even while at the top has been constantly out-doing itself to make sure the users enjoy their sharing.

Facebook continues to acquire companies of similar interest to not to kill competition but to make  use of their technology to make Facebook even better.

Current Status:

Facebook’s stock is tumbling well below its $38 IPO price in the social network’s second day of trading as a public company on Monday. Shares are down 11 percent in late morning trading.

Facebook’s market debut Friday suffered some hiccups, with trading on the Nasdaq delayed for a half hour and issues with traders’ orders. The stock closed Friday just a few cents above where it priced Thursday night, when many investors had hoped for a big first-day pop. The shares opened Friday at $42.05, and fluctuated throughout the day before closing at $38.23.

People might wonder why is this happening with Facebook because when LinkedIn hit the trading floor last year, it bombed it and made a hell of show. It instantly hit over 96% and peak at 141%, it started at just $45. Today it is trading at $98. You can read about LinkedIn’s grand display of power at NASDAQ here.

Honestly speaking, investors believe that LinkedIn had real world value, it had a purpose. It helped professional reach out and help each other, share valuable information, make business happen. It was a corporate bliss. On the other hand Facebook is just something kids and teens used to share junk.

Though Facebook does have a massive potential we guess it would take some time for investors to understand it.

What do you think about Facebook debacle entry into IPO? Do you agree with us?

Mark Zuckerberg Wedding Michael Jackson Music in Heavy Rotation Everybody loves the King of Pop, Michael Jackson! Mark Zuckerberg is no exception. Mark Zuckerberg and Priscilla Chan got married on Saturday and being a celebrity wedding TMZ has been snooping around.

TMZ has learned that of the music tracks that were played in the wedding, Michael Jackson’s songs just kept coming again and again. Looks like Mark Zuckerberg couldn’t really get enough of it.

A neighbor of the Facebook CEO tells TMZ … they could hear the music coming from the wedding the entire time (as evidenced by our video where you can hear Billie Joe Armstrong singing from the street).

The neighbor tells TMZ there was plenty of upbeat music all night — including Flo Rida, Bon Jovi and Janet Jackson. But the overwhelming favorite was the King of Pop himself, Michael Jackson.

What music do you plan to play for your wedding? Or have you already played Michael Jackson’s music?

Mark Zuckerberg Marries Priscilla Chan!

Posted by Tommy On May - 19 - 2012ADD COMMENTS

Mark Zuckerberg must have planned out a really tight week. Facebook‘s CEO Mark Zuckerberg married his longtime girlfriend Priscilla Chan at his Palo Alto, California home on Saturday.

Mark Zuckerberg marriage photoOn Friday Facebook went public through it had all the hype it didn’t really make a show in the NYSE.

The very next day Mark Zuckerberg married.

The fewer than 100 celebrants that gathered in Zuckerberg’s backyard believed it was a party for Chan, who graduated from the University of California, San Francisco’s medical school on Monday.

Instead, they were surprised to find it was a wedding for the couple who met at Harvard and have been together for more than nine years.

A Facebook spokeswoman said Zuckerberg designed the ring himself, and that it featured “a very simple ruby.”

On Monday, Zuckerberg turned 28 and Chan graduated from the University of California, San Francisco School of Medicine, where she’d studied pediatrics.

Then on Friday, Zuckerberg took his blue-and-white web behemoth public in one of the most anticipated stock offerings in Wall Street history.

The seemingly well-coordinated timing was largely a coincidence, the guest said. The wedding had been planned for months and the couple was waiting for Chan to finish medical school, but the date of the IPO was a “moving target” not known when the wedding was set.

Attendees, including Facebook’s chief operating officer Sheryl Sandberg, were told after they arrived that they were not mere party guests but wedding guests.

“Everybody was shocked,” the guest said.

The person would not discuss the names of others who attended to protect their privacy.

The good improvement from all this is Mark didn’t wear his trademark hoodie for his marriage. Though it is a good move, why should he ditch his identity on this very special day of his life?

Bono Facebook richesToday Facebook went public and Bono become the world’s richest rock start. Wondering how? Well, Bono own 2.3 percent of Facebook. Now that is large chunk!

Facebook’s initial public offering (IPO) will make a number of people, including founder Mark Zuckerberg, even wealthier than they already are — and the U2 frontman will get a bigger bump than most.

Bono’s private equity firm, Elevation Partners, reportedly owns 2.3 per cent of Facebook’s shares after investing $90 million in the tech goliath back in 2009.

That investment could now be worth approximately $1.5 billion.

While it’s not confirmed how much of that windfall goes directly to Bono, it will almost certainly be enough for the rocker to pass McCartney on the World’s Richest Musician List.

McCartney’s net worth is estimated at just over $1 billion, while Bono has already earned hundreds of millions during his three-decade reign as one of the world’s highest-grossing performers.

Google+ is a Ghost Town!

Posted by Rose On May - 15 - 2012ADD COMMENTS

Google+ is Google’s take on social network and also targeted against Facebook. But we guess people don’t want Google everywhere especially when Google just can’t define privacy.

Google Plus losing usersGoogle loves to collect all are data. Everything we do in the internet using Google is recorded and tracked, but nothing dangerous after all Google has no evil plans they just want to show us relevant advertisements. But, why should we trust Google with our private data?

A new study has revealed that through Google+ is boasting of it’s growing numbers, user engagement have continued to decline. Making Google+ a ghost town.

Google+ boasted an impressive 100 million users as of early April, but according to eCommerce analytics firm RJ Metrics, the social network is not the waterfall of data Google hoped it would be.

Fast Company on Tuesday revealed the findings of an RJ Metrics study that analyzed data from a sample of 40,000 public Google+ accounts in an effort to determine just how successful the crown jewel in Google’s social network portfolio really is. According to the firm’s findings, Google+ is a ghost town.

The RJ Metrics suggests that an average post on Google+ gets fewer than one “+1,” the equivalent of a “like” on Facebook, and fewer than one reply as well. Links and other items shared publicly by Google+ users are re-shared just 0.17 times per post on average. Users covered by the study averaged about one post every 12 days, and usage per user declines each month after they make their first public post.

In what is perhaps the most concerning stat from the firm’s study, about 30% of users who make a public post on Google+ never make a second one.

In a statement provided to Fast Company, a Google spokesperson claimed that RJ Metrics’s findings are not accurate.

“By only tracking engagement on public posts, this study is flawed and not an accurate representation of all the sharing and activity taking place on Google+,” the Google spokesperson said. “As we’ve said before, more sharing occurs privately to circles and individuals than publicly on Google+. The beauty of Google+ is that it allows you to share privately–you don’t have to publicly share your thoughts, photos or videos with the world.”

We think it is time Google start planning on something else. Though Google has tried forcing people into registering at Google+ they simply can’t make people engage in it.

World will be a better place if Google is kept in a few limited places. If Google wants to be everywhere (it is actually) tracking every bit of information we write, it is high time Google makes it privacy policy clear and give an exit strategy for those who cannot agree with Google.

What do you guys think? Google nosy nature caused Google+ to fail or simply because Facebook is just the place to hangout.

Maybe we do need some NOT Google alternatives.

Much like MySpace, Friendster etc. Americans believe that Facebook too will soon fad away. In a poll conducted by AP/CNBC an overwhelming of 46% people say Facebook is likely to “fade away as new things come along”.

43 percent predict it will be “successful over the long term.”

Facebook disappearAnd with its long-awaited IPO drawing near, half of Americans also say Facebook’s asking price is too high.

Just one-third think the company’s expected stock market value, which could reach $100 billion — larger than Ford or Kraft Foods, but less than Google or Coca-Cola — is appropriate, while 50 percent say it’s probably too high.

But that won’t necessarily stop would-be investors from trying to get a piece of the Facebook pie. Half those surveyed consider the company a good bet, while 31 percent do not.

Americans also have mixed views of the company’s CEO and co-founder, Mark Zuckerberg.

Only about a third of those polled have a good impression of Zuckerberg, while 14 percent say they don’t like him. One in five have never heard of the young mogul, who just celebrated his 28th birthday, while 30 percent have no opinion of him.

On a positive note, of those who have heard of Zuckerberg, two-thirds say they’re at least somewhat confident in his ability to run a large public company.

Facebook tests ‘pay to promote post’ tool

Posted by Rose On May - 12 - 20121 COMMENT

Facebook is testing a new system, ‘pay to promote’ that will allow users to pay a fee and promote or highlight their posts. They have started testing this system in New Zealand.

It is still not confirmed if Facebook will be taking this global. But Facebook has said that they are just experimenting to see if people are willing to shell out a few bucks to promote their posts.

The tests of the “pay to promote” system were discovered by a Facebook user in Whangarei, reported New Zealand’s news magazine Stuff.

facebook pay to promote postAt first, said Stuff, the user thought the offer to pay to promote a post was a con trick.

A Facebook spokesperson confirmed to the BBC the offer was genuine.

“We’re constantly testing new features across the site,” said the spokesperson. “This particular test is simply to gauge people’s interest in this method of sharing with their friends.”

Different methods of highlighting posts were being tested, said the spokesperson. These would see a range of charges being levied to make posts more visible. Comments on the tests suggest the highest price being charged was £1.25 ($2) while others cost 25p or 50p.

Payments could be made via credit card or PayPal.

The spokesperson said some of the methods it was trying out would incur a charge but others would highlight a post for free. The spokesperson would not be drawn on when the test would end or if it would be tried in other territories.

“We’re going to see a lot more ideas like this where they are testing out different ways to try to make money,” said Ian Maude, internet analyst at Enders Analysis.

Both Facebook’s imminent stock market flotation and a recent slowdown in revenue growth were helping to concentrate its attention on ways to make money, he said.

“In the last few years their overall revenue has grown much more quickly than their audience,” he said. However, he said, that rapid growth had slowed in the last six months and had perhaps prompted it to experiment.

The flotation will add more pressure, said Mr Maude but he added that the way the stock would be split could lighten that burden a little as Mark Zuckerberg would be left 57% of the shares.

“He’s always said he wants to make money to run the company not run the company to make money,” said Mr Maude.