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Facebook Privacy Change unHides Profiles from Search

Posted: October 12th, 2013 | Author: | Filed under: Facebook | Tags: , , , | Comments Off on Facebook Privacy Change unHides Profiles from Search

FacebookFacebook has started removing a privacy setting that allowed users to prevent their profile from being searchable on the site. In a statement posted online, Facebook’s chief privacy officer Michael Richter says users who have enabled the feature will be informed of the changes on their Facebook profile and in emails.

Facebook says only a small percentage of users have enabled the setting and the changes will not affect the privacy settings on posts. Facebook says the change is part of an expansion of the search feature on Facebook.

All Facebook users used to have a setting called Who can look up your Timeline by name? controlling who could find you when people typed your name into the Facebook search bar :: Read the full article »»»»

Facebook a Sorry Site After 6 Million Users Private Data Shared

Posted: June 22nd, 2013 | Author: | Filed under: Facebook, Hack! | Tags: , , , , | Comments Off on Facebook a Sorry Site After 6 Million Users Private Data Shared

FACEBOOKFacebook says it’s “upset and embarrassed” that it allowed a software bug to share the phone numbers and email addresses of  6 million users. However the social network says no financial or other information was revealed to others, and there is “no evidence that this bug has been exploited maliciously”. Facebook says affected users are being notified by email.

The social media behemoth has stressed that the practical impact is likely to be “minimal,”  because improper data sharing would only have occurred between users who already had some connection.

In a statement Facebook said the bug “may have allowed some of a person’s contact information to be accessed by people who either had some contact information about that person or some connection to them”. It said the unwarranted sharing would have occurred when a Facebook user went to download an archive of their Facebook account through the social network’s Download Your Information  tool :: Read the full article »»»»

Facebook Hacked

Posted: February 15th, 2013 | Author: | Filed under: CHINA!, Facebook, Hack! | Tags: , , , , | Comments Off on Facebook Hacked

FACEBOOKFacebook says its computer system has been targeted in a series of attacks by an unidentified hacker group, however, the social media behemoth has stressed they don’t believe there is any evidence that user data has been compromised.

The company says the malware came from the infected website from a mobile developer.

“Last month, Facebook security discovered that our systems had been targeted in a sophisticated attack,” the company said in a blog post.

“The attack occurred when a handful of employees visited a mobile developer website that was compromised. We remediated all infected machines, informed law enforcement, and began a significant investigation that continues to this day.”

The social network, which says it has more than 1 billion active users worldwide, said it was not the sole target. Facebook’s announcement follows recent cyber attacks on other prominent websites :: Read the full article »»»»

Facebook Hits A Billion Users

Posted: October 5th, 2012 | Author: | Filed under: Facebook, Standout | Tags: , , , , | Comments Off on Facebook Hits A Billion Users

Facebooks One Billionth UserFacebook reckons it now has more than one billion users, serious bragging rights by anyone’s standard.

However, some analysts still have serious worries about how the social network site can make money from members.

Co-founder and Head Honcho Mark Zuckerberg made the announcement yesterday, saying the number is “humbling”.

“This morning, there are more than one billion people using Facebook actively each month,” Zuckerberg said in a statement. “Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life.”

The social network site reached one billion monthly active users on September 14, according to Zuckerberg. The wizbang number is slightly lower but equally as impressive,  according to Zuckerberg Facebook has 600 million mobile users :: Read the full article »»»»

Facebook Share Price Proposal

Posted: May 4th, 2012 | Author: | Filed under: Facebook | Tags: , , , | Comments Off on Facebook Share Price Proposal

FACEBOOKFacebook plans to raise as much as $12 billion from its initial public share offering, dwarfing the coming-out parties of tech companies like Google.

The eight-year-old social network that began as Mark Zuckerberg’s college dorm room project has priced its initial public offering at between $28 and $35 a share.

This will see Facebook attain a valuation of as much as $95.9 billion at the high end and grant the world’s largest social network a market value close to Amazon.

If an over-allotment or “greenshoe” option is triggered, Facebook could end up raising close to $13.6 billion, according to a prospectus.

Investors are expected to flock to the highly anticipated IPO, though some have voiced concerns about Facebook’s longer-term growth :: Read the full article »»»»

Facebook Profit Dip

Posted: April 26th, 2012 | Author: | Filed under: Facebook | Tags: , , , , | Comments Off on Facebook Profit Dip

Facebook Profit DipFacebook has reported a fall in quarterly profit despite surging revenue. The social networking behemoth recently bumped up spending on research, acquisitions and promotion before its stock market debut, which is expected to come next month. The company also blamed the result on seasonal advertising trends.

Facebook’s net income dipped 12 per cent to $US205 million in the three months to March from $US233 million in the same period last year.

Although revenue jumped to $US1.06 billion, which was a rise year-on-year, it was down about 6 per cent from the preceding quarter, the first quarter-on-quarter drop since at least 2010.

Facebook is preparing to raise at least $US5 billion in the largest initial public offering by an internet company on Wall Street that could see it valued at up to $US100 billion.

The company will trade under the symbol “FB” on the Nasdaq, it said in paperwork filed with the United States Securities and Exchange Commission :: Read the full article »»»»

TAGTILE! Facebook Snaps Up Another Mobile Business

Posted: April 16th, 2012 | Author: | Filed under: Facebook, Standout | Tags: , , , | Comments Off on TAGTILE! Facebook Snaps Up Another Mobile Business

Facebook Snaps Up Another Mobile BusinessFacebook has continued its buying spree, picking up a San Francisco tech start-up  – TagTile – an app developer that helps coordinate discounts offered by a retail store.

TagTile provides merchants with a clever piece of hardware – TagTile Cube –   that users tap with their smartphone once they check out. Whenever users tap on the hardware, the retailers’ discount is automatically calculated with the final purchase price.

TagTile said on its website that “…we are happy to announce that we are joining Facebook, and that they – Facebook – are acquiring substantially all of our assets.

It’s a huge opportunity for us to take our goal – helping business grow – and to do it on a much, much bigger scale than we would on our own”

TagTile also said it wouldn’t be taking on any new customers as of today, but that their service would continue for now…

TagTile was started by Abheek Anand, a former Product Manager at Engine Yard and Soham Mazumbar a former Google engineer. TagTile kicked of in late 2010, and by early 2011 had hit the ground running :: Read the full article »»»»