AllFacebook: UPDATED: Facebook Lobbying Continues Record-Breaking Pace Following IPO
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Monday, July 23, 2012
UPDATED: Facebook Lobbying Continues Record-Breaking Pace Following IPO
In Facebook's first lobbying disclosure filing with the U.S. Senate since becoming a public company May 18, the social media platform showed no signs of letting up on investing in its political and policy reach to members of Congress, as well as federal agencies, as the Menlo Park, Calif.-based company continues to break its own records. For the second quarter of 2012, Facebook spent a total of $960,000 on lobbying activities, according... read more>>
Nasdaq Boosts Facebook IPO Settlement To $62M
As expected, Nasdaq announced its plan to compensate investors affected by the technical issues that marred Facebook's initial public offering, upping the total that it will pay out to $62 million from its previous proposal of $40 million. Immediately after the IPO, which was blemished by delays in order confirmations, Nasdaq had announced that it would set aside at least $13 million to make good on traders' losses -- a figure that... read more>>
Facebook Co-Founder's Company Gets Big Backing
Facebook Co-Founder Dustin Moskovitz founded workplace collaboration company Asana in 2009, but the Silicon Valley startup is in the news again, having received a sizable payment from PayPal and others. PayPal Co-Founder Peter Thiel led a group of investors who recently gave Asana $28 million. Moskovitz, who also took several Facebook employees with him when he started the company, was a Harvard roommate with Facebook Co-Founder and CEO Mark Zuckerberg. Asana isn't... read more>>
Afghanistan Free Speech Activists Take To Facebook
Free speech activists in war-torn Afghanistan are finding a new way to get their message across: Facebook. However, they're facing quite a dilemma, as access to the Internet is fleeting. Reuters reported that as a way to break through the governmental gridlock, free speech activists are posting to Twitter and Facebook to debunk NATO and Taliban claims and speak the truth about what is really going on in Afghanistan. Nai Media Institute... read more>>
Find Sales Leads Through Facebook With Reachable
In social marketing, as the saying goes in Hollywood, it's not always what you know, it's who you know. A new social graph released recently by Reachable allows professionals to mine their Facebook friends (and their friends' friends) for sales leads and new contacts. The new software allows people to examine their contacts from social media sites such as Facebook, Twitter, and LinkedIn, as well as email accounts. By enabling social proximity selling,... read more>>
Report: Success On The Field For MLB Teams Translates Into Success On Facebook
Success on the field translates into success in terms of adding Facebook likes for Major League Baseball teams, according to a new analysis from digital agency iStrategyLabs comparing likes at the All-Star Break of the 2011 and 2012 seasons. iStrategyLabs said teams that participated in the 2011 postseason added an average of 48 percent more likes than teams that failed to qualify, with American League champion and World Series runner-up the Texas... read more>>
Starz Video Stunt Backing 'Boss' Tells Facebook Users The 'Price For Power'
Premium cable network Starz is backing the second-season premiere of political drama "Boss" with video stunt Price for Power. Taking a page from similar efforts such as We know what you're doing ..., House of Horrors, The Year of You, and Take This Lollipop, Price for Power incorporates Facebook users' profile information, after receiving permission, naturally. Price for Power uses the voice of Kelsey Grammer, portraying his character in "Boss," Mayor Tom Kane,... read more>>
INFOGRAPHIC: Facebook's Popularity Slipping?
Is Facebook's popularity slipping? According to the results of a recent survey by opinion-based Web community SodaHead, it very well might be. Findings from the SodaHead poll include: 52 percent of respondents will spend less time on Facebook this year, while 36 percent said their time spent on the social network would remain unchanged, and only 12 percent said they would invest more time. 37 percent of respondents said they do not check Facebook... read more>>
Facebook Sprucing Up Instagram's Website?
Facebook may be looking to expand the Web presence of photo-sharing application Instagram, which it acquired for $1 billion in April, if a discovery by Web designer Cole Reinke leads to anything. Reinke captured the screen grab below of a pull-down menu allowing Instagram users to view their profiles directly from the app's website, although he said clicking on the link resolved to a 404 error, and the view profile selection was... read more>>
Companies Face Facebook Backlash After Controversial Statements
Just as users can visit a brand's Facebook page to tell it how much they love the product or offer ideas, they can also leave negative feedback. Brands - notably Chick-fil-A and the National Rifle Association - recently discovered that social media is a two-way street for good and for bad. After the shooting that took place late Thursday night at the midnight showing of The Dark Knight Rises in Aurora, Colo.,... read more>>
Coworkers Develop Winning Facebook Game App At Photo Hack Day 3
At the fiercely competitive Photo Hack Day 3 in San Francisco (a Facebook-sponsored event), a trio of coworkers may have developed the next big mobile game in one weekend. The Photo Hack Day, this time hosted at Dropbox headquarters in San Francisco (and presented by Aviary), calls for developers to create a photo-based application from scratch in just one weekend. Competition for the cash prizes becomes intense as developers brainstorm, work, and... read more>>
Report: Nasdaq Compensation Proposal For Bungled Facebook IPO Due Next Week
Embattled stock exchange Nasdaq will release its plan to compensate investors affected by the technical issues that marred Facebook's initial public offering sometime next week, according to a Fox Business report. Sources told Fox Business the compensation will all be in cash, and likely more than the $40 million Nasdaq proposed last month, some $27 million of which was made up of trading credits. Fox Business reported that Nasdaq is working on a... read more>>
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