Facebook doubles 2011 revenues
Facebook doubled its revenues in the first half of this year, to 1.6 billion dollars ($A1.5 billion).The Wall Street Journal reports that, with 750 million Facebook members worldwide, the online site has attracted major interest from advertisers. View the original article here Share and Enjoy:
Older Facebook Users Click More, Like Less
While propensity to click-through on Facebook is positively correlated with age, propensity to like is not, according to data released in August 2011 by Facebook marketing consulting firm SocialCode. Age has a strong positive effect on whether a user will click, but has a less pronounced opposite effect on the likelihood of them becoming a [...]
Facebook submits ownership law evidence
Facebook lawyers have revealed evidence they say proves a New York man fabricated a contract that he says entitles him to part ownership of the $US50 billion ($A47.68 billion) social network.Included in an after-hours court filing is an image of a two-page contract signed by Paul Ceglia of Wellsville, New York, and Facebook founder Mark [...]
Facebook launches free SMS alternative
Facebook is attempting to play a strong card against telcos with the release of a new instant messaging app that will also send free SMS.The world’s largest social media company released Facebook Messenger for iPhone and Android phones earlier this week in the US, with Australia to soon follow. The application allows for instant free [...]
Facebook Monthly Visitors More than Double MySpace, Twitter Combined
As of May 2011, the number of unique US visitors to Facebook.com was roughly 2.5 times the combined number of unique visitors to MySpace and Twitter.com, according to a July 2011 white paper from comScore. Data from “The Power of Like” indicates in May 2011, Facebook had almost 160 million unique US visitors, while MySpace [...]
