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Facebook Hits One Billion Users

Posted: October 4th, 2012 | Author: | Filed under: Technoid, Technology | Tags: , , , , | Comments Off on Facebook Hits One Billion Users

Facebooks One Billionth UserFacebook reckons it now has more than one billion users, serious bragging rights by anyone’s standard.

However, some analysts still have serious worries about how the social network site can make money from members.

Co-founder and Head Honcho Mark Zuckerberg made the announcement yesterday, saying the number is “humbling”.

“This morning, there are more than one billion people using Facebook actively each month,” Zuckerberg said in a statement. “Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life.”

The social network site reached one billion monthly active users on September 14, according to Zuckerberg. The wizbang number is slightly lower but equally as impressive,  according to Zuckerberg Facebook has 600 million mobile users :: Read the full article »»»»


Posted: April 9th, 2012 | Author: | Filed under: Business News, Technoid, Technology | Tags: , , | Comments Off on FACEBOOK BUYS INSTAGRAM FOR $US1 BILLION

FACEBOOK BUYS INSTAGRAM FOR $US1 BILLIONThat other internet behemoth – Facebook – has announced a $US1 billion deal to buy popular smartphone photo-sharing app Instagram. The big ticket purchase was seen by some as a move by Facebook to strengthen its defences against Google and newcomer Pinterest in the weeks ahead of what promises to be a history-making stock market debut.

“For years, we’ve focused on building the best experience for sharing photos with your friends and family,” Facebook co-founder Mark Zuckerberg said in announcing the deal. ”Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.”

Zuckerberg called the acquisition “an important milestone for Facebook because it’s the first time we’ve ever acquired a product and company with so many users” Read the full article »»»»

Facebook Agrees to FTC Terms on Privacy Breaches

Posted: December 1st, 2011 | Author: | Filed under: Facebook, Social Media, Social Network Sites | Tags: , , , , | Comments Off on Facebook Agrees to FTC Terms on Privacy Breaches


Facebook Agrees to FTC Terms on Privacy BreachesOur favorite social media behemoth Facebook, has reached a deal with the US Federal Trade Commission over allegations it had a deceptive privacy policy. Under the proposed US settlement Facebook will have to submit to independent privacy audits but will not have to fix what it has done in the past. Facebook has agreed to notify users about changes to privacy settings and to submit to external privacy audits for the next 20 years. The deal must still be upheld by a US court, but it is a capitulation of sorts by the company in the face of widespread outrage from its 800 million users. Facebook’s relaxed privacy settings have had a major impact on people’s lives. In one high-profile case a man bought an engagement ring for his partner online and it automatically showed up on his profile. His partner found out before the man had a chance to get down on one knee and pop the question. Now those surprises will have to stop.

Facebook Agrees to FTC Terms on Privacy Breaches


Facebooks NEW Security Update: Call Your Friends!

Posted: October 30th, 2011 | Author: | Filed under: Facebook, Social Media, Social Network Sites, Socially Engineerd | Tags: , , , , , , , | Comments Off on Facebooks NEW Security Update: Call Your Friends!

FACEBOOKIn a blog entry on Thursday, Facebook stated that about 600,000 log-ins every day are compromised. In it’s National Cybersecurity Awareness Month, under update/10150335022240766. Facebook claims to have locked it’s site down with new clever security policies, the best of which is Call a Friend? Controlling how you share content on Facebook is quite complex and will probably make your head hurt, but it’s essential that you take a good look at the settings and decide for yourself what you want to share and with whom, from where. Whenever Facebook opens it’s considerable mouth, it seems to do the exact opposite to the words that fall out. Security site Sophos, was in the first to jump on the (what ever the opposite to security is . . . ) issues Facebook is having with it’s stats. The infographic Facebook has posted on it’s blog and  scribd.com introducing it’s new security features, seems to indicate that Facebook in-fact has a considerable security problem?. Sophos dug deep into the numbers and pulled out a a stat showing 0.06% of 1 billion logins per day are compromised, 600,000 compromised users? Less than 0.5% of Facebook users experience spam on any given day.  READ MORE


Facebook Privacy: Zuckerbergs Cookie Monster

Posted: September 26th, 2011 | Author: | Filed under: Social Media, Social Network Sites, Technoid, Technology | Tags: , , , | Comments Off on Facebook Privacy: Zuckerbergs Cookie Monster

Social media behemoth Facebook is in damage control after a deluge of criticism that it is invading the privacy of members by tracking their internet activity.  Facebook Chief Executive Mark Zuckerberg described the sites new features as creating ‘frictionless sharing‘ Oops Facebook admits it went too far. The social network is quietly retracting a cookie that continued to report your Facebook user ID even after you “logged out” of the site. But it’s not sorry about five other cookies that persist after you sign off. What, you didn’t think Facebook would ever let you actually for real seriously 100 percent sign out, did you? When Australian programmer Nik Cubrilovic blogged on Sunday about how Facebook logout didn’t seem to actually, um, well – log out! Facebook wen into immediate damage control mode, claiming that: Blah Blah Blah, except that Facebook has a tracking feature its CEO literally calls ‘Facebook Across the Web‘  Which does exactly that, track you across the internet, anyplace you go, Facebook goes with you (calm down! clearly only if you login to your Facebook account, or use Facebook on your mobile device ) In Australia, the office of the Privacy Commissioner says it has begun a preliminary inquiry into Facebook’s conduct. Read the full article »»»»