Facebook is no longer a fan of a controversial bill that would drastically change cybersecurity. According to CNET, the social network pulled its support of H.R. 624, better known as the Cyber Intelligence Sharing and Protection Act. Opponents of the bill, which would give online entities the option to share data with the U.S. government, claim that it would destroy online privacy.
HOAXES: Liking Facebook Pages Will Not Yield Ipad Minis, Beats Electronics Headphones, GHD Hair Straighteners
OK, folks, let’s try this again: If it sounds too good to be true, it probably is. Now, keeping that in mind, will liking a Facebook page result in a free iPad Mini, a free pair of high-end headphones from Beats Electronics, or a free hair straightener from GHD?
Facebook’s latest attempt to promote its gifts feature involves a test of discounts of as high as 80 percent.
Facebook has been trying to give users options for social commerce, such as proposing a “want” feature. Chirpify took it one step further. The social commerce platform recently teamed up with country singer Tim McGraw for an interesting promotion. Facebook users who already have Chirpify accounts were able to purchase McGraw’s newest album simply by commenting, “buy.”
Not long after Facebook announced graph search, many people were mystified as to what the product was and how it could be used. Facebook invited a few journalists behind the curtain Thursday to discover just what makes graph search tick. The answer, naturally, is Unicorn.
Facebook has been sitting on a gold mine: users’ information. Up until now, the company has used this to target ads within the site. But now, Facebook could soon launch an external ad network, using data from within the social network. For instance, information from your interests and likes could be used to create targeted ads on websites away from Facebook. It’s not yet known exactly what this could look like, but Emergence Capital General Partner Kevin Spain talked with AllFacebook about how it would change online advertising.
Facebook has compiled myriad data about what users are doing on the site. What about when they go to another corner of the Web? The company has partnered with Datalogix in an effort to see if people who see ads on the social network end up actually buying the products. There’s already a movement for the Federal Trade Commission to investigate the deal.
News of Facebook’s second quarter report didn’t just hurt the company’s stock, it left a bit of a dent in Co-Founder and CEO Mark Zuckerberg’s wallet. CNET reported today that since the market closed on Wednesday, Zuckerberg is down nearly $3 billion.