Showing posts with label Facebook. Show all posts
Showing posts with label Facebook. Show all posts

Macca joke taken seriously over firing fear


Paul McCartney made a joke about banning people from using Facebook while they worked on his new video – but producers took it seriously even though they knew it was light-hearted.

The Sun reports that staff working on the promo at Abbey Road Studios were told they’d be fired if they used social networks, ate meat or took drugs – even though Macca’s original instructions were nothing more than a bit of fun.

The paper quotes an insider saying: “It was meant as a joke – but still, you’d be out on your war if you ignored the memo.

“Anyone found on Twitter or Facebook, or nibbling a ham sandwich would be ejected immediately.”

Macca himself will take to Twitter tomorrow for a live Q&A session with fans, ahead of the release of his album New on October 14.

Meanwhile, work has begun on a movie entitled The Fifth Beatle, which will be the first major production based on the life of manager Brian Epstein.

Oscar-winning producer Bruce Cohen has secured the rights to use original Fab Four material for the soundtrack. Scriptwriter Vivek J Tiwary, who’s been working on the project for years, says: “I’m confident that the next stage in telling Brian Epstein’s story is in extremely capable hands with Bruce. I’m elated to see The Fifth Beatle coming to life as a film under his guidance.”

Filming will start next year.

source: classicrockmagazine.com

Stop being so stupid, US voters tweet


The roiling debate over the US government shutdown is extending to Twitter, Facebook and Instagram as fed-up Americans turn to social media to register their disgust with federal lawmakers for shutting down the government.

Those posting pulled no punches, calling members of congress 'immature', 'stupid' and 'idiots' who need to 'grow up'. There were a few attaboys, too, by self-described red-state conservatives who cheered on the Republican leadership's unwavering stance against President Barack Obama's healthcare plan, even if it meant suddenly pulling the pay cheques of about 800,000 federal workers and threatening popular federal programs.

But mostly, tweeters said they couldn't understand why a compromise between the two sides seemed so elusive.

'(hash)DearCongress, You should not be getting paid. In fact, you all should be fired!' tweeted Bruce Swedal, a 46-year-old Denver real estate agent who says he is worried about what the shutdown might do to home sales if federally backed loans dry up.

The public outcry playing out on social media sites this week is a new twist.

During the last shutdown of government operations, in 1995, angry Americans would have had to look up their congressman's address and sit down and write an old-fashioned letter or email. But with the advent of Twitter, popular hashtags like (hash)governmentshutdown and the Today show's (hash)DearCongress let voters log their complaints to all 532 members of congress at once - provided they stay within the allotted 140 characters or less.

Voters also weighed in on the more humorous side of things, offering pick-up lines that federal workers could use in bars, some of which were advertising cheap drink specials throughout the day to those furloughed.

'The library is closing, mind if I check you out instead?' one person offered with the hashtag (hash)ShutdownPickupLines.

Added another tweeter: 'It's not like we have to go to work tomorrow.'

For their part, legislators used Facebook and Twitter to reiterate long-held talking points, further angering dissenting voters.

Republicans said Obama's healthcare program would be too catastrophic to allow, while Democrats accused Republicans of sending the government into a free fall to appease a small minority.

House Speaker John Boehner's post urging Senate Democrats to back down earned more than 13,000 'likes' on Facebook and an additional 13,000-plus comments from voters, either hailing the Ohio Republican as a hero or calling him everything from a 'crybaby' to a 'terrorist'.

House Democratic leader Nancy Pelosi's Facebook post blaming Republicans for the shutdown earned fewer than 2200 'likes' and 1400 posts.

Meanwhile, federal programs used Twitter to announce that they would no longer be responding to tweets or other social media posts until the shutdown ends. Even the first lady, Michelle Obama, said her own personal tweets would be limited.

One Twitter account, which for two years has been providing detailed updates on NASA's Voyager 2 program, offered this less-than-comforting post before going dark: 'Due to government shutdown, we will not be posting or responding from this account. Farewell, humans. Sort it out yourselves.'

Swedal, the Denver real estate agent, said in a telephone interview that he doesn't think his tweets will make a difference. In the end, he says, politicians are likely to do whatever they want.

'But at least I feel better,' he said.

source: skynews.com.au

Facebook interested in buying mobile chat app WhatsApp?


WhatsApp, the maker of a popular cross-platform mobile chat program, has been in talks to be acquired by Facebook, sources tell TechCrunch.

TechCrunch had no information about a possible price range or how advanced the talks might be. CNET has contacted Facebook and WhatsApp for comment and will update this report when we learn more.

Founded in 2009, the Santa Clara, Calif.-based company provides a smartphone app for Android, BlackBerry, iOS, Symbian, and Windows Phone that delivers text messages as well as images and audio and video messages. The ad-free app reportedly has about 100 million daily users, with a presence in 250 countries on a variety of platforms.

The startup announced in October 2011 that it was serving up 1 billion messages per day: "Just how much is 1 billion messages? That is 41,666,667 messages an hour, 694,444 messages a minute, and 11,574 messages a second," the company wrote in a blog post at the time. The company added that it was a "small step closer towards our goal: providing a great mobile messaging system for a global market, regardless of your handset."

The WhatsApp Messenger app came under criticism recently from security and mobile researchers who alleged security risks based on its authentication process. Several anonymous bloggers called the process a "security nightmare," saying the app leaked data collected off the device when it's being sent to servers. A research paper also concluded that the local database storage encryption could be decrypted.

source:  news.cnet.com

Facebook releases mobile camera app after IPO flop


SAN FRANCISCO — Facebook released a “camera” application Thursday that lets people take Instagram-style pictures that can be shared with iPhones.

The stand-alone application synchs to the leading social network, letting friends consult one another’s photos.

The new mobile app “makes using Facebook photos faster and easier,” according to product manager Dirk Stoop.

“You’ll see a feed of great photos from the people you care about,” Stoop said in a Facebook post. “You can swipe to see more of any album or tap to enlarge an individual photo.”

The mini-program also let people share many pictures simultaneously instead of having to post them one at a time to the social network, according to Stoop.

Facebook Camera was due to be available at Apple’s online App Store late Thursday.

The Menlo Park, California-based social network made a billion-dollar deal in April to buy the startup behind wildly popular smartphone photo sharing application Instagram.

The big ticket purchase was seen by some as a move by Facebook to strengthen defenses against Google and blazingly hot newcomer Pinterest.

“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.”

An Instagram application tuned to Apple’s iPhones, iPads and iPod Touch devices has been downloaded more than 30 million times since the first version was released in late 2010 by the San Francisco startup.

A version of the application tailored for smartphones powered by Google-backed Android software racked up more than a million users in the 24 hours after its recent release.

Word of Facebook Camera came in the aftermath of an initial public offering of stock that made insiders and investors rich but left small buyers of shares feeling abused.

Lack of a clear strategy for making money from users who connect to the social network using smartphones or tablet computers was considered to be among the reasons Facebook stock sank below its opening price of $38 per share.

Facebook stock reversed its losing trend on Thursday, inching up to $33.03 a share from $31.99 a day earlier after the close of trading on the Nasdaq exchange.

More than a half-dozen law firms specializing in investor complaints said this week that they were launching class action suits against the social networking giant and its underwriters.

The suits alleged that Facebook, along with Morgan Stanley, Goldman Sachs and other big Wall Street banks that distributed the shares withheld from smaller investors crucial forecasts that pointed to weaker growth for Facebook, while sharing the information with big institutional clients.

A separate lawsuit against the Nasdaq exchange said its massive technical problems on the first day of Facebook trade on Friday also resulted in losses to investors.

All told, the claims could come to billions: more than $15 billion have been wiped from the company’s value since the initial public offering gave it a market capitalization of $104 billion.

source: interaksyon.com

Facebook falls flat in market debut


NEW YORK — Facebook shares stumbled Friday after an early surge faded, dampening optimism over the much-anticipated debut for the world’s biggest social network.

The stock appeared headed for a flat close after a roller-coaster session.

The shares, priced at $38 on Thursday in the largest-ever initial public offering (IPO) for a technology company, jumped 12 percent to $42.55 in the opening Nasdaq trades but within minutes fell back to the offering price.

A midday rally pushed the price back up but just ahead of the close the price fell back to $38.

“The negativity in the market overall has put a damper on the IPO,” said Darren Hayes, a Pace University professor and former investment banker.

“It’s not uncommon in an IPO to see a big rise and then for the price to come back down, but I’m a bit surprised (by the market action) after all the hype.”

“I think there may be some skeptical investors who see some challenges in the long-term outlook of the company.”

Gerard Hoberg, an economist at the University of Maryland said there was enthusiasm from some buyers but skepticism from professionals.

“What I think is going on is you have a lot of bullishness from retail investors, people who use Facebook, and there’s a lot of those investors creating a lot of buying pressure,” he said.

“But professionals who were looking at the numbers behind Facebook had a lot more doubts, and that is cooling the issue quite a bit.”

Hoberg said the market introduction “is not a disaster by any stretch, and you also could say that the Facebook owners are quite pleased because they didn’t leave a lot of money on the table. But it will not be a pleasant taste in people’s mouths if Facebook falls below $38 anytime in the near future.”

A report on the Business Insider financial blog said the price did not fall below $38 because of a large number of standing orders at the offering price. The Wall Street Journal said the underwriting investment banks also stepped in to support the price.

Lou Kerner of the Social Internet Fund said the market action suggests the IPO was correctly priced.

“The company raised a ton of money, lots of early investors, employees, and founders were able to monetize shares, and it’s trading up a little, so the new investors did OK,” he said.

James Hughes, chief market analyst at London’s Alpari said “the real value of Facebook is not likely to be known until the hype of the IPO has died away and investor have been able to digest how the company is going evolve to be the money-making machine many expect it to be.”

source: interaksyon.com

Apple's Wozniak warns Zuckerberg on dangers of going public

SYDNEY -- Apple co-founder Steve Wozniak has warned Mark Zuckerberg about the dangers of going public as Facebook counts down to its hotly anticipated share offering.

The world's leading social network is expected to start trading on the tech-heavy Nasdaq on Friday and has set a price range of $28 to $35 for its shares, which would value the firm at between $70 billion and $87.5 billion.

Apple went public in 1980 and Wozniak, who is in Australia, said being exposed to the demands of shareholders was a tough lesson.

"All of a sudden you have shareholders that are directing the company and demanding answers and getting upset if things aren't going as well as they hoped," he told the Australian Financial Review Tuesday.

"Once you go post-IPO, all of a sudden Mark Zuckerberg can be more at the mercy of the owners.

"That is something to worry about and something they have to watch out for, but I think he has got a strong enough focus to continue on as he has been going, and I really hope it goes well for them."

Facebook's debut on Wall Street will make 27-year-old chief executive Zuckerberg a multi-billionaire with firm control of the company.

After the initial public offering, he will own 57.3 percent of the Silicon Valley firm in a stake valued at more than $15 billion based on how shares are expected to perform.

But there are dissenting voices about the listing.

Some analysts fear Zuckerburg will have to focus more on the bottom line than his vision that has made the company so influential and Wozniak admitted some of his happiest times were before Apple went public.

He told the newspaper that back then he and Apple co-founder Steve Jobs made decisions based purely on the motivation of making the best possible product, rather than impressing stakeholders.

Nevertheless, Wozniak said he would love to own shares in Facebook.

"I admire Mark Zuckerberg so much," he said.

"I think he is still able to think like a young idealistic person and is making decisions about what he thinks is right and wrong.

"He is genuinely more focused on openness and what people are getting from using Facebook, than he is on the money.

"It is really obvious for someone like me to look and see that."

source: interaksyon.com