Facebook’s tradition of inviting the press to events without revealing what it is announcing has been passed down to Instagram, as the Facebook-owned photo-sharing network will hold a media event in New York Dec. 12.
“Twitter owns social TV. Facebook is trying to get there.” Joseph Pigato, managing director of customer-engagement firm Sparked, spoke those words Wednesday during a panel at mediabistro’s Inside Social Marketing conference in New York, “What We Can Learn from TV’s Top Social Campaigns,” where he was joined by Sesame Workshop Director of New Media Communication Daniel N. Lewis and moderator Natan Edelsburg, vice president of Sawhorse Media and writer for mediabistro’s Lost Remote blog.
Facebook Ireland turned a gross profit of €1.79 billion ($2.45 billion) in 2012, but it reported a pre-tax loss of €626,000 ($857,243). This may sound sketchy, but the company was fully compliant with the law. Financial Times explained how this happened.
On the same day Facebook expanded its Facebook for Business page to eight more countries and 11 additional languages, the social network also announced a redesign of its Facebook Developers website.
Facebook Weekly Highlights features photos and videos posted to the social network by celebrities and athletes. This week’s edition featured the photo to the left of Microsoft Co-Founder and Chairman Bill Gates discussing charity partnership group Giving Tuesday; as well as the photo atop the post, behind the scenes on the set of The Hobbit, from Director Peter Jackson.
Facebook is hosting the fourth Compassion Research Day Thursday at its headquarters in Menlo Park, Calif., and the social network revealed six important trends its compassion research team discovered while partnering with researchers from Berkeley’s Greater Good Science Center, Yale’s Center for Emotional Intelligence, Stanford University, Northeastern University, Claremont McKenna University, and other institutions.
With the unsettling news that some 2 million online user accounts on Facebook and other online services have been hacked, online education platform Grovo shared two videos aimed at helping Facebook users select better passwords, and advising victims what to do if someone else is using their accounts on the social network.
Facebook appears to be tweaking the user interface for its Power Editor, as two AllFacebook readers shared screenshots and differences they noticed.
Queue the protests: Facebook warned page administrators that the changes to its News Feed algorithm it introduced earlier this week will likely cause lower organic reach, citing the number of posts competing for space in users’ News Feeds.