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.
The cover of the Oct. 28 issue of Fortune features a look at “The Real Story” behind Facebook Chief Operating Officer Sheryl Sandberg, and in the magazine’s profile, Facebook board member Marc Andreessen discusses how “Sheryl” has become a job title.
While teenagers may not be enthusiastic about Facebook, the company has a fan in Ashton Kutcher. The actor and angel investor, who is set to play Apple Co-Founder Steve Jobs, recently spoke at the CTIA Conference in Las Vegas, saying that Twitter is too crowded and that Facebook has actually effectively placed its advertisements.
The history of social networks is littered with stories of companies such as Friendster. Does Facebook have the staying power to remain relevant years from now? Ekaterina Walter, the author of Think Like Zuck: The Five Business Secrets of Facebook’s Improbably Brilliant CEO Mark Zuckerberg talked about Facebook’s future in a recent podcast for Duct Tape Marketing.
Facebook Co-Founder and CEO Mark Zuckerberg has been one of the most-discussed figures of our time. Some people love him, some criticize him, but most just watching from the sidelines marvel at how a 19-year-old could become the 29th-richest person in the world (according to Bloomberg’s Billionaires Index) by building a simple social program. Last week, I finished reading Think Like Zuck: The Five Business Secrets of Facebook’s Improbably Brilliant CEO Mark Zuckerberg by Ekaterina Walter and I found a lot of answers to that very question. So I sat down with her to talk about the book and Facebook in general.
Facebook Tops 1B Monthly Active Users; Mark Zuckerberg Speaks With NBC’s Matt Lauer, ‘Bloomberg Businessweek’; New Agency Of Record Wieden & Kennedy Debuts ‘The Things That Connect Us’
Facebook officially reached 1 billion monthly active users Sept. 14 at 12:45 p.m. PT, Co-Founder and CEO Mark Zuckerberg revealed in a post on the social network’s Newsroom, as well as in an interview with NBC’s Matt Lauer, and in a cover story for Bloomberg Businessweek.
As Facebook’s value on Wall Street continues to fall, critics have wondered if the problems facing the social network are too big for Co-Founder and CEO Mark Zuckerberg to solve. The Los Angeles Times published a story Friday, asking if Zuckerberg should step aside to let someone more experienced run Facebook. NBC notes that several other critics feel similar sentiments.
Facebook Co-Founder and CEO Mark Zuckerberg is pretty smart when it comes to real estate, as well, refinancing the mortgage on his home in Palo Alto, Calif., with a 30-year adjustable-rate loan starting at 1.05 percent, according to reports.