Vivek Wadhwa, a research professor at Stanford University, published a diatribe on LinkedIn a few months ago titled, “Facebook Is Doomed.” Contributing to the debate on the medium- and long-term sustainability of one of the biggest social networks is undoubtedly a healthy endeavor. However, this excessive public statement distinguishes itself with rather frivolous arguments on Wadhwa’s part.
Many buildings in Manhattan walk the fine line between maintaining their lush histories and upgrading their interiors and amenities to keep up with today’s needs, and Facebook’s new office at 770 Broadway is no exception, as many of the social network’s New York-based employees found out Monday, which was moving day into the Frank Gehry-designed space.
Facebook Chief Operating Officer Sheryl Sandberg spoke with Julia Boorstin of CNBC at The MAKERS Conference in Rancho Palos Verdes, Calif., produced by AOL, and she touched on several subjects for segments that will air throughout the business news network’s Business Day programming, including Facebook’s transition to a mobile company, its progress with Madison Avenue, the social network’s A Look Back videos, and Facebook’s focus for the near future.
The Super Bowl marks the end of the National Football League season, but Super Bowl Sunday also marks a giant day for the television advertising industry, as Super Bowl ads often receive as much buzz as the game itself. According to a report in the New York Post, Facebook may be eyeing a piece of that pie with its test of video ads.
Facebook teamed up with AOL, Apple, Google, LinkedIn, Microsoft, Twitter, and Yahoo on An Open Letter to Washington regarding global government surveillance reform, urging governments around the world to take action.
3Q EARNINGS CALL: How Is Facebook Responding To The Mobile Transition From An Advertising Standpoint?
Facebook said in its third-quarter earnings report Wednesday that its total advertising revenue for the period was $1.8 billion, up 66 percent when compared with the year-earlier quarter, and mobile accounted for 49 percent of that revenue. During the company’s earnings call Wednesday, Chief Operating Officer Sheryl Sandberg and Chief Financial Officer David Ebersman offered more specific details.
Facebook Signs Letter Seeking More Transparency From Federal Government On National Security Data Requests
Facebook was among the more than 60 companies, investors, civil-liberties groups, and trade groups to sign a letter to top federal government officials requesting the ability to disclose more information about data requests related to national security, Time reported, as fallout from the National Security Agency’s Prism initiative continues.
AOL in the 1990s, or Facebook in 2013? The social network is testing a new feature, code-named “host chat,” which allows users to establish chat rooms that their friends can join without invitations, Facebook confirmed to TechCrunch.
Facebook: 9,000-10,000 Requests For User Data From U.S. Local, State, Federal Governments In Six Months Ending Dec. 31
For the six months ending Dec. 31, 2012, Facebook received between 9,000 and 10,000 requests for user data from U.S. government entities at all levels, local and national, related to between 18,000 and 19,000 accounts, outgoing Facebook General Counsel Ted Ullyot revealed in a release on Facebook’s Newsroom.