facebook

Mon
28
May
Dennis Faas's picture

Facebook Buying Opera Browser: Report

According to a new report, social networking website Facebook is currently in negotiations to purchase Internet browser-maker Opera Software. If true, observers believe the acquisition could give Facebook a launching pad for the construction and ... distribution of a new browser which would revolve around the use of social media. The report comes from technology blog Pocket-lint, which says that unknown though "trusted sources" have said that Facebook is discussing the purchase of Opera Software, based in Oslo, Norway. According to Pocket-lint, a Facebook browser "would allow you keep up to date ... (view more)

Tue
22
May
Dennis Faas's picture

Facebook Stock Auction Hit by Nasdaq Software Bug

A major software problem may have significantly limited the number of people able to purchase Facebook stock when it first became publicly available on Friday, May 18, 2012. Nasdaq has assumed total responsibility for the fiasco and says it will ... offer compensation to those negatively affected by it. By some estimates, the payouts could total as much as $13 million. Nasdaq officials had planned carefully for the huge amount of trading that was expected when Facebook stock "went live". The combination of the number of shares put up for sale and the asking price made it the third-biggest stock ... (view more)

Mon
21
May
Dennis Faas's picture

Facebook User Tracking Prompts $15B Privacy Lawsuit

Just as its shares are hitting the stock market for the very first time, Facebook has been hit with a massive $15 billion lawsuit. The suit was recently filed in California by law firm Stewarts Law US. It's a class action suit that pools a total of ... 21 different suits from across the United States, and involves the way the company, newly valued at more than $100 billion, tracks its members after they've logged out of their accounts. Federal, State Privacy Acts Allegedly Violated The $15 billion request for damages and penalties is based on provisions in the federal Wiretap Act which say that ... (view more)

Wed
16
May
Dennis Faas's picture

Facebook Highlight Promotes Status Updates for Fee

For many people, one of the greatest Facebook features is the ability to post status updates for the entire world to see. Unfortunately, in a matter of seconds these personal updates often get bumped down in favor of newer ones, without anyone ... having enough time to read them. However, those behind the popular social network are toying with the idea of allowing certain postings to take precedence over others, for a fee. The new and aptly named 'Highlight' option (available to those willing to shell out a few extra bucks) guarantees that more friends and family will have time to see a status ... (view more)

Mon
14
May
Dennis Faas's picture

Facebook, Bing Unveil Shared Social Search Sidebar

An upcoming revamp of Microsoft's search engine Bing will allow users to pose queries on Facebook. It's the first visible partnership of its type between the two Internet companies. The new tools will come in the form of a separate sidebar. As long ... as users are signed in to Facebook (meaning they must have an account), the sidebar will be active each time a Bing search is made. Bing, Facebook Coordinate Search Results Once users have typed in their query, the sidebar will come up with a list of Facebook friends that Bing believes may be able to help out. For example, if users search on a ... (view more)

Wed
09
May
Dennis Faas's picture

Facebook Encourages Users to Become Organ Donors

Facebook has unveiled a plan that it hopes will encourage people to register as organ donors. It's an important move, because less than half of all American adults are currently signed up as organ donors, leaving a shortage of organs for ... transplants. At the moment, the most common way to formally consent to organ donation is to register when applying for a driver's license. A doctor quoted by the New York Times said this wasn't the best situation for everyone, however, because drawing the connection between driving an automobile and donating organs makes for an eerie feeling. (Source: nytimes ... (view more)

Tue
08
May
Dennis Faas's picture

Facebook Stock Prices Revealed

Facebook has officially announced its initial public stock offering will go on sale at a price between $28 and $35 a share. At the high end of that range, the company would claim a market capitalization of $95 billion. Facebook is only selling a ... portion of its shares. That means the most it could receive in this initial public offering (IPO) would be $13.58 billion, which would make this the ninth-most lucrative stock issue in world history, behind major firms like General Motors and Visa. (Source: ft.com ) Facebook IPO To Claim Internet Record The $13.58 billion figure would destroy all ... (view more)

Tue
17
Apr
Dennis Faas's picture

Facebook App Posts Power Use, Ranks It With Others'

Facebook has launched a new tool that allows its users to compare how much electricity they consume and compare the number with their Facebook friends. The idea is to give millions of people some added incentive to cut down on their wasted ... electricity. The free application allows users to link their Facebook memberships to their power company accounts. As long as they give permission, they'll automatically have their total monthly power consumption published on their Facebook pages. The new tool will then rank each user against all their friends with the power-counting app installed. This ... (view more)

Mon
02
Apr
Dennis Faas's picture

Kelihos Cybercriminals Outsmart Security Experts

Security experts at Kaspersky Lab, one of the leading anti-virus and computer security firms, recently announced they were able to take control of a hacker-built botnet containing more than 100,000 compromised computers. Unfortunately, less than 24 ... hours after the successful takedown, Kelihos, the cybercriminal gang behind the botnet, has already started building a new, large-scale collection of compromised computers to replace the one taken down. To stop the initial botnet, Kaspersky specialists used a method called "sinkholing." This technique involves direct infiltration of the botnet's ... (view more)

Fri
16
Mar
Dennis Faas's picture

Facebook Scam Dupes Military, Gov't Officials

A recent Facebook scam has apparently duped professionals closely linked with NATO (North Atlantic Treaty Organization). A spokesperson for the company later confirmed that no confidential information was leaked. Facebook Friendship Unlocks Personal ... Info Recently, an unknown number of Facebook members accepted a friend request from a person they apparently believed was US Navy chief Admiral James Stavridis, who is also the Supreme Allied Commander of NATO. (Source: guardian.co.uk ) Among those fooled into agreeing to the online friendship were several senior military officers and government ... (view more)

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