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Tuesday, May 29, 2012
Report: GM Wanted To Take Over Facebook Pages
Why did General Motors pull $10 million of advertising off Facebook? According to reports, it came down to an issue of page control, meaning, GM wanted to take over an entire page with its branding, and Facebook declined. AdAge reported that the discussion took place at a meeting between GM Chief Marketing Officer Joel Ewanick, other top GM marketing executives, and sales executive from Facebook. According to AdAge, GM wanted a higher-impact presence,... read more>>
Russian Social Network VKontakte Says 'Nyet' To IPO, For Now, Following Facebook's Struggles
Russian Facebook clone VKontakte is reportedly saying "nyet" to an initial public offering for now, scared off by the issues Facebook encountered with its IPO earlier this month. Reuters reported that VKontakte Chief Executive Officer Pavel Durov announced Tuesday that his company's planned IPO was postponed indefinitely, tweeting: The IPO of FB destroyed the faith of many private investors in social networks. According to Reuters, Mail.Ru Group, which holds a 39.9 percent stake in... read more>>
AllFacebook Marketing Conference Is Only Four Weeks Away
The AllFacebook Marketing Conference is headed to San Francisco in just four short weeks. Join us June 28 to 29 and discover how to build your business and gain customers by taking advantage of Facebook's latest tools, applications, research, and advertising opportunities. Save $200 with our early bird rates when you register by June 7. The AllFacebook Marketing Conference program features more than 50 of today's most-sought-after social media thought leaders from... read more>>
Facebook CEO Mark Zuckerberg, Priscilla Chan Appear In Background Of CCTV Documentary
Maybe we're skeptical by nature, but it's hard to believe that an appearance in the background of a China Central Television documentary by Facebook Co-Founder and Chief Executive Officer Mark Zuckerberg and this then-girlfriend (and now wife) Priscilla Chan was a coincidence. CNET Asia reported that the appearance in the CCTV documentary by Zuckerberg and Chan has gone viral on Sina Weibo, China's Twitter-like social network, with Zuckerberg wearing (surprise!) a brown... read more>>
Facebook Co-Founder Eduardo Saverin Speaks With Brazilian Newsmagazine 'Veja'
Facebook Co-Founder Eduardo Saverin has been in the news quite a bit of late, mostly for his decision to renounce his U.S. citizenship, which was made public just days before the social network's initial public offering. Now a citizen of Singapore but born in Brazil, Saverin turned to Brazilian newsmagazine Veja for a lengthy interview in which he addressed the citizenship issue, as well as other often-told stories about his parting... read more>>
Latest Rumored Facebook Acquisition Target: Face.com
The binge of rumored Facebook acquisition targets is starting to catch up with the binge of actual Facebook acquisitions, and the latest addition to the rumor roster is Face.com. Israeli daily business newspaper Calcalist reported that the provider of face-recognition technology is in the social network's cross hairs, with tech blog Newsgeek, also from Israel, pegging the potential deal size for Tel Aviv-based Face.com at between $80 million and $100 million, as... read more>>
Latest Phone Rumors: Facebook Staffing Up
Hold the phone: Like a persistent telemarketer, rumors of a Facebook phone keep calling back, and the latest reports say the social network's goal is to release its own smartphone by 2013. The New York Times' Bits blog reported that tidbit based on comments by Facebook employees, engineers who have been recruited by the company, and other sources, with one source telling Bits Facebook has already added "more than a half-dozen" engineers... read more>>
Target Sponsored Stories Showing Up At Top Of Facebook Users' News Feeds
Might this be Facebook's first step toward addressing the potential advertising revenue shortfall Facebook mentioned in the run-up to its initial public offering? Several Facebook users have pointed out the presence of a sponsored story from Target at the top of their news feeds. We wonder how much negative pushback Facebook will receive from these ads. One user who pointed it out commented: WTF? I never hit like on the Target page. Why... read more>>
Social Media Jobs: SponsorPay, BS Central, TinyCo
This week, SponsorPay is hiring an integration engineer, a senior mobile ad sales manager, and a mobile developer relations manager. Meanwhile, BS Central needs a bookkeeper/social media associate, and TinyCo is seeking a back-end engineer. Getthe scoop on these openingsand more below,and find additional social media jobs on Mediabistro. Integration Engineer SponsorPay (San Francisco, CA) Senior Mobile Ad Sales Manager SponsorPay (San Francisco, CA) Mobile Developer Relations Manager SponsorPay (San Francisco, CA) Bookeeper/Social Media Associate... read more>>
Report: Nasdaq Used Untested Software To Launch Facebook IPO
The negative spotlight from Facebook's initial public offering refocused its glare on Nasdaq, as the stock exchange and its chief executive, Bob Greifeld, were slammed in a published report for using untested software to launch the IPO last Friday. The New York Post reported that the software Nasdaq used still had bugs, and that the exchange had run an "unprecedented" number of simulations with the software prior to Facebook's IPO. One source told... read more>>
Facebook To Users: Won't You Try That App Again?
Facebook appears to be testing an open graph action aimed at trying to convince users who have uninstalled applications to give those apps another try. Social Yeah Founder Kevin Evanetski shared this screen shot with us, noting that he had uninstalled the app in question. Did you notice the "use now" action verb? Readers: Have you seen any similar messages?... read more>>
Is Facebook Wearing Its Opera Glasses?
Here's one way for Facebook to address its mobile issues: In what it coining a "juicy rumor," The Next Web reports that the social network may be examining a smartphone browser software company as a possible acquisition. Norway-based Opera Software is a desktop, tablet (wait for it), and smartphone browser company with some 750 employees that trades on the Oslo stock exchange, and TNW reports that some 270 million people use its... read more>>
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