Facebook to protect kids

Facebook, the much hyped social networking site, must reply to the state attorneys general in a few weeks about the fact that facebook should be doing more to protect kids from sexual predators on the internet.

The attorney general says that if facebook doesn't respond they will start looking for legal options. He expects them to reply within a month. Though he seems to be happy with the first talks arranged. he also added that they had started with the same because they found that there were atleast three know sex offenders on the Facebook

Dorm room chit chat does not make a contract : Judge tells ConnectU

I can't believe this is what the Judge told the Winklevoss brothers. The buggers must be feeling like they are back in dorm, and getting fu**** for breaking the protocol.

Anyways, deep down I would love to see the Judge tell Mark Zuckerberg to hand over Facebook to the brothers. Assuming that the brothers believe that it is a reasonable request to be made in court, I would like to ask them, if they too would be interested in coming out with an IPO in case they get hold of facebook?

Facebook Revenue

Valleywag has the coolest revenue graph of Facebook. This man is the brightest when it comes to showing the light to humanity.



Once again he has saved mankind by bringing it all into the light.

(PS. Sorry for not putting the image on my server. Nobody ever comes to this blog, so you won't feel anything. Ever)

Facebook ruling delayed

A judge has delayed the the ruling on the Facebook case until August 8th.

Twins and co-founders Cameron and Tyler Winklevoss waiting almost three years before suing Facebook. Now they want the government to hand over Facebook to them along with the revenues. Not the brightest of moves I might say, but ofcourse it's worth a try.

Even if they settle outside, the brothers just might get their share of the pie.

Facebook issued a statement that , "We continue to disagree with the allegations that Mark Zuckerberg stole any ideas or code to build Facebook. We intend to honor the judge's request not to comment further in the media and will continue to vigorously defend this case in court."

I doubt the brothers will get anywhere, but atleast they'll get their name in the papers

Social and Professional Worlds on Facebook

These days facebook has come to dominate the way people interact with the internet. Almost 26 million people logon to Facebook to chat with other people. As a result, a number of business people have also started migrating to Facebook, and have left LinkedIn as a result.

Here is a great insight on the unofficial facebook blog

Facebook users to differentiate between social contacts and professional contacts and separate your profile based on that. I fully support this motion but I doubt Facebook will do this anytime soon. If they did, it would officially be the end of LinkedIn. There is also another slightly uncomfortable aspect of this new influx of users that Megan touches on in her article. As the older crowd meshes with the younger crowd, new definitions of social interaction are rapidly being defined.

Link

Facebook gets Youtube CFO

The hottest social networking site Facebook has hired former Youtube CFO Gideon Yu. He has replaced Micheal Sheridan.

The guardian says

Yu, who replaces Michael Sheridan, was the CFO of YouTube last September just before Google snapped it up for $1.65bn.

Of course this goes against the grain of Henry Blodget's theory, commenting on an interview given to The Deal.com by Peter Thiel, a Facebook investor and director.

He reckons Facebook is putting a pricetag on itself of $7bn to $10bn.

Link