Although it wasn’t exactly a scientific study, a Reuters report notes that more young adults think Microsoft’s cool factor is on the rise than Facebook’s. While 50 percent of those aged 18 to 29 polled said that Microsoft is cooler now than it was a year or two ago, 42 percent felt the same about Facebook.
Currently, most popular Facebook games differ greatly from console video games. There are bubble shooters and several iterations of “with Friends,” and these games are, for the most part, fairly simple. But Reuters writes that more complex, visual games could make their way to the social network this year. A few developers are looking to bring more console-quality gaming to Facebook.
Morgan Stanley, which served as one of the lead underwriters for Facebook’s much-hyped initial public offering, is coming under scrutiny by the state of Massachusetts. The state fined Morgan Stanley $5 million, claiming that the financial firm helped Facebook leak sensitive information to select companies, creating an unfair playing field for investors.
Online analytics firm ComScore released the latest figures Wednesday about how many people are visiting Facebook. The report showed that unique visitors were down in May from April and March, indicating that the site’s growth might be tapering off.
Facebook has been unveiling more options for companies to advertise through the social media site. However, Reuters reports today that many businesses have been eschewing paid options to do what they can to promote their biz for free.
Facebook will reportedly stop accepting orders for shares in its May 18 initial public offering after the close of business tomorrow (Tuesday, May 15).
Is demand for Facebook’s May 18 initial public offering far lower than initially expected among institutional investors, or is the IPO already oversubscribed exactly one week before hitting the market? The answer depends on what you read.
Facebook may have brought in $1.6 billion of revenues during the first half of 2011.
Facebook may launch a new product next week.