As Facebook looks for more ways to boost revenue, the company has gone from buying out companies for talent grabs to focusing on acquiring properties that can help make money. Instagram and Karma were two of the biggest buys this year, but a Facebook official told The Wall Street Journal that Mark Zuckerberg’s checkbook might still be out.
Wall Street Journal
While Facebook may be a professional, corporate company now, it felt more like a frat house when it was just getting off the ground. A former Facebook employee shared with The Wall Street Journal her crazy experiences being one of the first women to work for Mark Zuckerberg.
It’s no shocker that people check Facebook at work. You might be doing it right now. But despite sentiments that Facebook is hurting work productivity, a Wall Street Journal editor feels that chief information officers should embrace the social network and use it to enhance business instead of banning it at the office.
While some question the effectiveness of advertising through Facebook, two major American companies say it works. Coca-Cola and Ford recently told The Wall Street Journal that they’ve had success on the social network.
As Facebook considers letting kids younger than 13 create accounts, the Center for Digital Democracy sent a letter to Co-Founder and CEO Mark Zuckerberg, pleading for the social network to not collect youngsters’ personal information if they are allowed to join.
Two companies with seats on Facebook’s board, Netflix and The Washington Post together bought a combined $8 million in advertising on the social network last year.
Thursday night’s CNN Republican presidential primary debate in South Carolina will be the last debate that Facebook users can react to before voters goes to the polls on Saturday. And Facebook is already awash in comments ahead of the duel.
President Barack Obama is less popular on Facebook than on the micro-blogging site Twitter, according to a new poll from The Wall Street Journal and NBC News.