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March 25th, 2014

Oculus VR, Gaming’s Ray of Virtual Reality Hope, Bought by Facebook

In late-breaking news, Mark Zuckerberg’s Facebook has bought Oculus VR, a truly innovative virtual reality company. In an announcement that will surely rock the game development community, Facebook has announced their acquisition of Oculus for $2 billion. For those of you who don’t know Oculus, their Rift VR system was widely touted as the next [...]

December 20th, 2012

Facebook Testing Scheme to Charge Stalkers for Priority Messages

The ‘Other’ box for Facebook messages is a famously ill-reviewed feature, one which has spawned countless “Dude that girl from the bar six months ago messaged me that night, and I never saw it!” stories. Any message that ends up in the Other box is likely to be ignored, assuming the recipient even knows the [...]

December 18th, 2012

Instagram to Sell User Images in Facebook’s Latest Privacy Gamble

The latest in a string of privacy-related controversies for Facebook comes from its newest acquisition, Instagram. Facebook has announced that all public photos submitted to the photo sharing app can be sold to advertisers without specific consent or notification. The service already angered more than a few customers by blocking direct photo embedding in Twitter [...]

December 5th, 2012

Facebook Pulls Instagram Embedding From Twitter

In a move that will increase short-term revenue but perhaps open the door to competitors, Facebook has decided to limit display of Instagram images in Twitter feeds. Users will now have to click through to the Instagram website to view images. The previous system, called Twitter Cards, allowed content from certain photo and video services [...]

December 4th, 2012

Facebook Conducts Sham Vote, 9% Support Upcoming Changes

Mark Zuckerberg must love democracy – Facebook democracy, that is. It’s true that, due to consistent outcry over sweeping changes to the user agreement, Facebook has put its latest batch of proposed changes to its privacy policy up for a vote by users. It’s also true that this move could lead to an outright rejection [...]

August 2nd, 2012

Facebook Stock Tumbles to New Low

Facebook’s stock flirted with a price point of $19 per share by mid-day trading today, as the social networking site’s stock continued to tank. By 2:30 PM EST, the price had hit $19.90. Facebook has lost 45% of its value since its initial public offering in May. This latest drop follows an announcement by the [...]

April 23rd, 2012

Facebook to Join NASDAQ Under ‘FB’ Ticker

According to its updated SEC filing, Facebook will be joining the NASDAQ stock exchange in the coming weeks with the ticker ‘FB’. Although an official listing date has yet to be announced, sources familiar with the matter have told Reuters and Bloomberg that the IPO and listing will take place on May 17. In an [...]

April 19th, 2012

In the Procedure of Acquisition, Facebook Shows What its Worth

Earlier this month Facebook acquired the photo-sharing and manipulation service Instagram for $1 billion, according to reports, split 70-30 in stock and cash. From this number, The New York Times has extrapolated that Facebook is pegging its share value at $30 and corporate value at approximately $75 billion. However, The New York Times is also [...]

January 27th, 2012

Facebook to IPO Next Week?

Facebook may file for an initial public offering (IPO) as early as next week, the Wall Street Journal is reporting.Although the exact figure is far from certain, if Facebook went through with an IPO it could be worth somewhere between $75-$100 billion dollars. Should the social networking giant have a $100 billion valuation, it would [...]

May 9th, 2011

Gaining Tracktion: “Do Not Track” Bills, Consumer Privacy, and Web 2.0

Earlier this month American Senator John Rockefeller introduced a controversial bill which would force online advertising and tracking companies to allow users to opt-out of online advertising. This comes after California Representative Jackie Spears, and state Senator Alan Lowenthal successfully passed legislation within the California legislature that effectively prohibits online tracking. While some could herald [...]