AllFacebook: Facebook Stock Falls Below $20
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, August 02, 2012
Facebook Stock Falls Below $20
What can $20 buy you? A share of Facebook stock. For the first time, the price of a share of the social network has dipped below $20. As of 12:45 p.m. Pacific on Thursday, the cost has fallen all the way to $19.88. It has been a rather precipitous fall for Facebook, which opened at $38 per share. CNNMoney reports that price of Facebook's stock fell all the way to $19.82 at one... read more>>
Give With Target Facebook App Will Supply Top Vote-Getting Schools With Gift Cards
Be true to your school with a new Facebook application from Target, Give with Target, which enables users to vote for their favorite schools and help them receive gift cards from the retail giant. Facebook users can vote once per week for the school of their choice, and schools will receive one $25 Target gift card for every 25 votes, up to $10,000 per school. Activity is also posted on users' timelines, with... read more>>
How Are Facebook Users Interacting With The Olympics?
People all around the world are going crazy on Facebook for the 2012 Olympic Games in London. Thanks to the wide availability of data, we can see just how crazy. Olympics fans can play games, use applications to gain more information about their favorite athletes, like an Olympian's Facebook page, or simply mention them in a status update. So what have been the most popular apps and who have been the... read more>>
Story Time: Facebook Debuts Facebook Stories Site
After all, who doesn't like a good story ? Facebook announced the launch of a new site Thursday, Facebook Stories, which it created "to celebrate the extraordinary ways that people are using Facebook." The social network said Facebook Stories will be updated monthly, with each month based on a theme, including an infographic. The inaugural theme for the site is "Remembering," and the featured story is the tale of Mayank Sharm of... read more>>
Facebook Adds 'Pages You May Like' Box To Mobile News Feed
Facebook appears to be ramping up its mobile advertising efforts with the addition of a new ad unit featuring two sponsored listings in a "Pages You May Like" box. Unlike traditional mobile sponsored stories, the names of users' friends who liked the pages being promoted are not featured in the headline, but one friend's name was included under each of the two company names. The Pages You May Like module follows on the... read more>>
California Watches Projected Tax Revenues From Facebook IPO Sink With Stock Price
Do you remember that pot of taxation-revenue gold the state of California was expecting under the rainbow following Facebook's initial public offering? Hold that thought. The state's nonpartisan Legislative Analyst's Office based its earlier projections on a stock price for Facebook of $42 per share, which was even more optimistic than the state Department of Finance's projection of $35 apiece, according to a report in The Sacramento Bee. The social network's shares have... read more>>
Facebook Allows App Developers To Add Localized Images
Facebook expanded upon the localization capabilities it announced for application developers last month, adding the ability to upload localized icons, banners, and screenshots. In July, the social network added a localize tab to its app dashboard, allowing developers to provide translations of their apps' names, taglines, and descriptions for use in the app center and across Facebook. Facebook described the new options in a post on its developer blog: Last month, we introduced new... read more>>
Facebook Added To WordPress.com VIP Featured Partner Program
Facebook became one of the newest additions to the WordPress.com VIP Featured Partner Program, the blogging platform's parent company, Automattic, announced Thursday. Automattic said the WordPress.com VIP program includes large-scale sites such as those of top media companies, sports leagues, and Fortune 500 companies, generating some 1 billion page views per month. Other technology partners added to the VIP Featured Partner Program were: Flipboard, PostRelease, TinyPass, and Zemanta. They joined launch partners Chartbeat,... read more>>
Two More Executives Out The Door At Facebook
The revolving door continues to spin at Facebook, as Wednesday's announcement by Director of Platform Partnerships Ethan Beard that he was leaving the company was followed shortly thereafter by similar proclamations from Platform Marketing Director Katie Mitic and Mobile Platform Marketing Manager Jonathan Matus. For those keeping score, the list of high-level executives who have left the social network following its initial public offering includes, in order of departure: Director of Corporate Communications... read more>>
App Developer: Facebook Tried To Bully Me Into An Acqui-Hire
As Facebook's stock continues to plummet, are executives getting desperate? Dalton Caldwell, founder and CEO of App.net, thinks so. Caldwell blogged about a recent meeting with several Facebook executives. He thought it was a friendly chat and demonstration of an application he developed on the Facebook platform. However, Caldwell claims that Facebook said his product was competition to its app center and that the company tried to bully him into being... read more>>
Track Facebook Pages With Dachis Group's Campaign Performance Monitor
It seems like pretty much every Facebook page administrator is looking for a way to track how well they're doing. Dachis Group, a New York-based social software and solutions firm, launched on Wednesday its Campaign Performance Monitor, giving Facebook marketers another valuable tool. The new software taps into a treasure trove of data to not only track pages' performance, but help administrators figure out what fans and followers really respond to. The... read more>>
Director of Platform Partnerships Ethan Beard Is The Latest Top Exec To Leave Facebook
Director of Platform Partnerships Ethan Beard became the latest high-level departure from Facebook, announcing his decision in a post on his Facebook page. According to sister blog Inside Facebook, Beard joined the social network in April 2008 as director of business development, and he has headed worldwide developer relations and marketing since January 2009. Beard joined a growing lists of top Facebook brass to leave the company since its initial public offering, following... read more>>
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