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AllFacebook: Report: Renouncing U.S. Citizenship Increased Tax Bill For Facebook Co-Founder Eduardo Saverin

Daily AllFacebook Feed - Thursday, May 31, 2012

Here's the latest from AllFacebook as of 4 p.m. ET. Visit AllFacebook throughout the day for breaking news and insider gossip.
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Thursday, May 31, 2012

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Report: Renouncing U.S. Citizenship Increased Tax Bill For Facebook Co-Founder Eduardo Saverin

Everyone who branded Facebook Co-Founder Eduardo Saverin as a tax-dodger for his decision to renounce his U.S. citizenship, which became public knowledge in the days leading up to the social network's initial public offering, might want to take a step back. Facebook stock was trading at just under $28 per share at the time of this post, and, according to Forbes Contributor Tim Worstall, the only way for Saverin to reduce his... read more>>

Federal Judge To Rule On Indiana Law Banning Sex Offenders From Facebook

The question of whether registered sex offenders should be allowed to use Facebook and other social networks found its way into a courtroom again Thursday, this time in U.S. District Court in Indianapolis, where Judge Tanya Walton Pratt said she would rule within one month on whether an Indiana law banning the practice is constitutional. AP reported that the American Civil Liberties Union of Indiana is heading the class-action suit on behalf... read more>>

Facebook Says Hello To Dubai, Opens Office

Facebook opened its first office in the Arab sector of the Middle East, in Dubai, with the hopes of stoking advertising opportunities to target its 45 million users in the Middle East and North Africa. AP reported that Head of Global Marketing Solutions, Middle East and North Africa Jonathan Labin will lead the Dubai office, which opened its doors with three employees at business park Internet City, where Microsoft and Google also... read more>>

Study: Click-Through Rates 2.25 Times Higher On Facebook Ads With Open Graph Actions

Brands that incorporate open graph actions into their Facebook campaigns are seeing click-through rates up to 2.25 times higher than those opting to not use the feature, according to the latest research from Facebook advertising outfit Nanigans. Saying that its Ad Engine allows advertisers to track their ad spending on the social network and the resulting purchases and revenue, Nanigans added that action targeting can increase purchase rates by up to 150... read more>>

Facebook Launches Promoted Posts For Pages

Facebook pages with more than 400 likes now have another advertising option in the form of the promote button the social network announced in test form in late April, as its rollout was confirmed on the Facebook Marketing page Wednesday. The social network published a Promote Your Page Posts guide to educate page administrators on how to use the new feature. According to the Facebook guide, after entering the details of the post,... read more>>

Msnbc.com, ShortStack Freshen Up 'The Week In Pictures' For Facebook

Msnbc.com teamed up with custom Facebook application developer ShortStack to refresh the cable news network's website's 10-year-old "The Week in Pictures" feature with social and interactive features. Facebook users can now vote on their favorite pictures of the week under The Week in Pictures tab on the msnbc.com Facebook page, and other features include: A slideshow of the full Week in Pictures. Sharable preview images. Commenting. An archive of previous winning images. Promotion of other msnbc.com content,... read more>>

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Talenthouse Helps Creatives, Brands Succeed On Facebook

Imagine a world where every creative person can pay their bills and all brands are happy advertising on Facebook. Sound impossible? Talenthouse's sponsored engagement engine may make both a reality. Talenthouse hosts "creative contests" on Facebook that brands sponsor to become part of the high level of social engagement that these contests generate. Talenthouse hosted a contest that found bands to play on the Warner Music Group stage at South by Southwest. The... read more>>

Facebook Testing Page Like Sponsored Stories In Mobile News Feed

Facebook has extended the larger page like sponsored stories it introduced in late March to mobile, testing a new mobile page like sponsored story that it more than three times the size of its predecessors. Sister blog Inside Facebook reported that the new units being tested include a recent post from a page, joined by a clear call to action to like the page directly via the mobile news feed. Inside Facebook pointed... read more>>

Facebook Adds Post Scheduling For Pages

Facebook added a feature for page administrators that had been available via third-party tools such as Buffer, allowing them to schedule posts in advance. The social network said posts can be scheduled up to six months in advance, in 15-minute intervals. Facebook's instructions on how to schedule posts were as follows: Go to the page's sharing tool. Choose the type of post. Click the clock icon in the lower left-hand corner of the sharing tool. Select... read more>>

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Facebook Adds Five Levels Of Page Administrators

Facebook organized page administrators into five levels, following up on its announcement at the Facebook Marketing Conference in New York Feb. 29. The five levels of page administrator, starting with the least powerful, are: Insights analyst: Can view insights. Advertiser: Can view insights and create ads. Moderator: Can view insights, create ads, send messages as the page, and respond to and delete comments. Content creator: All moderator powers, plus the abilities to create posts as the... read more>>

Hey, Facebook Users: You Don't Know Jack

When it comes to games on Facebook, developer Jellyvision Games has a message for Facebook users: You Don't Know Jack. The quiz-show game launched on the social network Tuesday, following Jellyvision's console and Apple iOS versions, which debuted last year, Mashable reported. Players will receive access to one free episode of You Don't Know Jack daily, and they have the option of unlocking additional episodes via successful game play or by purchasing episode... read more>>

Three Facebook Tips For College Graduates

It's that time of year again, when college graduates accept their diplomas and join the real world, which, for most, entails searching for a job. Dan Finnigan, chief executive officer of Facebook and social recruitment platform Jobvite, has some tips for the class of 2012, and for job seekers in general. Finnigan said: The realm of Facebook takes a whole new meaning once you leave college and hit the "real" professional world. Today's... read more>>

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