According to Edward Aten, founder of Swift.fm, Facebook is recreating and competing with nearly every significant Internet product of the last few years. It’s an unprecedented pivot that threatens Facebook’s core products and may eventually benefit the very same startups Facebook is trying to crush.
The most highly anticipated initial public offering in today’s tech world is officially happening. Facebook filed S-1 documents with the Securities and Exchange Commission Wednesday afternoon to raise a maximum of $5 billion. According to the filing, Facebook made $3.7 billion in revenue in 2011.
Twitter on Wednesday switched on enhanced brand pages for accounts owned by National Public Radio, NBC News, Volkswagen, and others. This is the first batch of premium Twitter pages from companies other than the handful of launch partners who unveiled enhanced brand pages in December.
It’s clear that Pinterest is really hot, but a new study shows just how powerful the virtual pinboard company has become. Pinterest is now driving more referral traffic on the web than Google+, YouTube, Reddit, and LinkedIn combined, according to Shareaholic’s January 2012 Referral Traffic Report.
SocialFolders, a freemium application that launched last month to let you store and manage any file created on the social web, rolled out an integration with Evernote on Tuesday that lets users drag-and-drop content such as Tweets, Facebook updates, Instagram photos into their Evernote accounts.
Twitter CEO Dick Costolo said Google has all the data it needs to present Twitter in its search results right alongside Google+. That’s the latest public word from Twitter after Google began pushing its own social network in search results while keeping out Facebook and Twitter.
Almost a year after it angered users with its ‘quick bar’ advertising, and several months into its new Promoted Tweet service, Twitter’s ad platform seems as shaky as ever. Is targeted advertising a myth, or can Dick Costolo and team turn it around?
Rightly or wrongly, Facebook catches a lot of flak for impeding on privacy by selling user information to advertisers and generally enabling too much sharing. But would users care so much if Facebook gave them a cut of the profits it generates by selling their data?
Personalized algorithms and social recommendations are great for a lot of things. But when it comes to getting news, these technologies can create an echo chamber, where our existing beliefs are reflected back to us. Uberpaper, a new site from Dmitry Shapiro, wants to combat that.