It’s year in review time at Facebook, and Pope Francis donned the crown as the most-talked-about person or event globally, while Super Bowl XLVII took home the U.S. trophy, according to data released by the social network Monday.
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.
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 received about 8,500 requests for user data from governments of countries in the European Union during the first six months of 2013, involving some 10,000 accounts, Richard Allan, the social network’s director for public policy in Europe, the Middle East, and Africa, said at a hearing organized by the European Parliament’s civil liberties committee, offering more details on the data released by the company in August.
Steve Hatch, CEO of WPP Group-owned media agency MEC, joined Facebook as regional director for the U.K. and Ireland, filling a post that had been vacant for more than one year, MarketingWeek reported.