Facebook鈥檚 value surpasses Yahoo, eBay

A new study from New York securities firm NYPPEX estimates Facebook鈥檚 enterprise value is now much higher than Yahoo and EBay, at $41.2 billion and significantly higher than other fast growing startups like LinkedIn, Twitter, Zynga, and Groupon. Facebook鈥檚 value has shot up 56 percent since the middle of 2010. None of the startups mentioned above have gone public but many let their employees sell shares in private markets as an incentive for their valued staff members....

December 27, 2010 路 2 min 路 292 words 路 Omid Farhang

Don鈥檛 Lie to Me, Angelina!

Earlier this year I received a Facebook invite in my Yahoo! Mail account from none other than Angelina Jolie herself. I kid you not. While it鈥檚 true that we live in the Digital Age where communicating with anyone is a mere tap of a finger away鈥攚hether it鈥檚 via email, IM, Facebook, Twitter, etc.鈥攖he chances that Ms. Jolie would randomly reach out to a regular Joe, such as myself, is still pretty darn improbable....

December 15, 2010 路 2 min 路 376 words 路 Omid Farhang

George W. Bush to Visit Facebook HQ for Live Video Q&A

Former U.S. President George W. Bush鈥檚 book tour will stop at Facebook鈥檚 headquarters in Palo Alto on Monday, with the social networking site announcing a 鈥淔acebook Live鈥 event for 5 p.m. ET / 2 p.m. PT. Bush has been making the media rounds over the past several weeks, appearing on The Today Show, Oprah and The Tonight Show among other programs to talk about his memoir 鈥淒ecision Points.鈥 Like other Facebook Live events, users will have an opportunity to ask Bush questions, though at this point it鈥檚 unclear how the event will be moderated or who will be asking users鈥 questions....

November 30, 2010 路 1 min 路 155 words 路 Omid Farhang

Graph Of When People Break Up On Facebook

David McCandless recently gave a presentation about data visualization in which he unveiled this graph, which tracked 10,000 Facebook status updates to determine precisely when people in relationships broke up. The results look like this: Note the huge surges around Spring Break, the beginning of Summer, and two weeks before Christmas, as well as the sharp decline on Christmas Day itself. The majority of the breakups are announced on Mondays (Garfield was right 鈥 lasagna is awesome....

November 6, 2010 路 1 min 路 164 words 路 Omid Farhang

Facebook is fastest social network; Twitter, MySpace slowest

On average, response times and availability of five major social networks (Facebook, LinkedIn, YouTube, Twitter, and MySpace) has improved this past quarter, according to Web analytics company AlertSite. This is great news given that all of them (save for possibly MySpace) have a quickly growing number of users. Despite a few outages, however, Facebook is still the fastest social network in terms of average response time. In the most recent third quarter (July 1 to September 30), Facebook shaved 0....

November 3, 2010 路 1 min 路 178 words 路 Omid Farhang

Facebook Status Updates Show Which Countries Are Happiest

Facebook has extended its 鈥淕ross National Happiness鈥 prototype app to 18 new countries. The app analyzes words in status updates like 鈥渁wesome鈥 or 鈥渢ragic鈥 to track changes in the collective emotional state of its users. When Facebook applied the methods to its U.S. userbase last year, it found that happiness went way up on holidays and way down when celebrities like Michael Jackson or Heath Ledger passed away. While the results of the study weren鈥檛 surprising, the idea of using status updates to measure national happiness was a novel one....

May 11, 2010 路 2 min 路 334 words 路 Omid Farhang

A HijackThis Toolbar from Facebook?

Spam emails such as the one below have been doing the rounds on the Internet hoping to lure recipients into downloading a Facebook toolbar. If you download the file by clicking on 鈥淒ownload Here鈥, you鈥檒l see a file with the icon shown below: If you take a closer look at the icon, 鈥渄arkSector鈥 is shown inside of it.聽How strange. Is this actually a Facebook toolbar?聽Let鈥檚 take a look at the property of the file since the file looks a bit fishy....

May 3, 2010 路 1 min 路 195 words 路 Omid Farhang

Second Life Users File Class Action Lawsuit Over Virtual Land

A group of Second Life users is suing Second Life鈥檚 creator over a virtual land dispute. They say their contractual property ownership rights have been changed and that this alteration of the terms of service constitutes fraud and violates California consumer protection laws. Before you scoff too much at this seemingly ludicrous lawsuit, remember that virtual worlds aren鈥檛 just 鈥渇unny money鈥 and avatars. They鈥檙e serious business, both for the owners and investors who profit from them and for the users who pump hundreds and even thousands of dollars each into creating characters and interacting online....

May 3, 2010 路 2 min 路 366 words 路 Omid Farhang

MySpace Upgrades Your Social Calendar

If you鈥檙e one of those people who scribbles your plans for a given week on the back of the junk mail in your purse (totally not me鈥), then you could probably benefit from MySpace鈥檚 new platform. Today, MySpace continues on its quest to distinguish itself as a place for entertainment and socializing with the addition of what is essentially a calendar that combines your events, your friends鈥 events, concerts and shindigs put on by your favorite artists and even events from your Facebook account....

April 17, 2010 路 1 min 路 201 words 路 Omid Farhang