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The leading social network company, Facebook, are aiming to go public in the first quarter of 2012 at an eye watering valuation of $100 billion. Facebook’s IPO is being described as the most eagerly anticipated stock debut ever.
The Palo Alto based company boasts 600 million users and is currently trading at a valuation of $80 billion (a figure based on current investment levels). However as the company surpasses the 500 investor threshold, their valuation is set to soar.
Just in case you didn’t believe the headline, I will have to say it again – after all it is worth repeating. That’s right, the French government are banning the use of the words ‘Twitter’ and ‘Facebook’ from being spoken on television or radio news programmes.
In accordance to a 1992 decree, commercial enterprises should not be promoted on news programmes and the French government have decided to uphold this stance. Before you say, “je ne comprends pas”, let’s have a look at what’s happened.
With the dust barely settled on Google +1, it appears Bing is also looking to use social data to help provide more personalised results. The developments will see Facebook likes being incorporated into SERPs, friend recommendations being used and the sharing of events, deals and even shopping lists.
Essentially this signals a more collaborative approach between Bing and Facebook, with both using shared data to provide users with a more personalised and targeted experience. The three different components to this update have been titled, ‘Trusted Friends’, ‘Collective IQ’ and ‘Conversational Search’. If that doesn’t mean a whole lot to you, I’ll try to explain a little further now.
According to recent reports, Microsoft Corp is believed to be close to buying Skype, the internet communications provider.
The news comes from several sources, first reported as a rumour by GigaOM, and later updated as a done deal, the news was also reported in the Wall Street Journal. According to these sources, the deal is thought to be worth $7 and $8.5 billion, making it Microsoft’s largest acquisition.
Facebook presents businesses with a fantastic opportunity to identify and engage with current, as well as potential customers. This is done through the use of pages, which allow businesses to house pertinent information within one place and promote it to a potential audience of over 500 million!
At a time when social media platforms are becoming the most visited sites on the internet, new figures reveal Social Media drives just 3% of traffic to retail websites
The market research consultancy ForeSee, have released their latest Social Media Marketing Report today. They wanted to establish what drove visitors to websites, and to do so they surveyed approximately 10,000 visitors to the top 40 websites in the UK.
News gets around pretty quickly these days. Whether it’s a private email, a blog posts or an ‘innocent’ tweet -trouble lurks around every corner for the clumsy communicator.
It didn’t take long did it? No sooner had Facebook snapped up FriendFeed than they incorporated their live feed style in a ‘Lite’ version.
This stripped down Facebook is only currently available to a selection of Beta testers, of which I am not one, and is offering a service not too dissimilar to Twitter or FriendFeed. The rolling feed of news from contacts isn’t interrupted with irritating applications and endless tabs; just a stripped down communication portal.
Friday was the day that investors and folks in Palo Alto had been waiting for with bated breath, ever since Facebook announced that they would be going public back in February. Whilst the IPO was far from disastrous, a closing price of $38.23 ($0.23 above the opening value), issues with the Nasdaq flotation and a looming $15billion lawsuit over privacy violations left a bit of a bad taste on one of the biggest days in the company’s history.
As Google recently released their advert for Google plus, with the intention of attracting more people to sign up to their social network [See: Google+ TV ad Illustrates the Internet Giant’s Intentions], speculation has increased as to whether Facebook is planning to improve their search functionality to compete, or shall we say take away, some of the market share from the search giant.