social networking

Mark Zuckerberg to Speak At Disrupt SF

With its mobile business humming, what's Facebook focused on now? Well, Mark Zuckerberg's got some big ideas he'll share Sept. 11 at TechCrunch Disrupt SF.

Facebook Gifts Tries to Turn Generosity Viral

Facebook has finally rolled out its Gifts feature, which allows people to give real-life gifts to their friends. The social commerce platform has huge revenue potential for Facebook. And for all those cynical folks who make fun of typical Facebook birthday greetings, the message is clear: Put up or shut up.

Facebook Wants to Be Your Online Bank

Someday soon, Facebook users may pay their utility bills, balance their checkbooks, and transfer money at the same time they upload vacation photos to the site for friends to see.

Why Facebook's Falling Share Price Really Doesn't Matter

On Monday, Facebook's stock fell from its IPO price of $38 to a low of (as of this writing) $33.60. So what? Nobody who actually paid attention to Facebook's statements before the IPO should be surprised by this latest turn, or even worried. Here's why:

Facebook IPO Valuation Sets Record: Is It Really Worth $104 Billion?

Facebook finally set its IPO price Thursday evening: $38 a share, for a record-setting value of $104 billion on the social media giant. Is it worth it? Who knows. But despite the skeptics, there are definitely ways to make money from all those Facebook users' eyeballs.

5 Reasons Facebook May Be a Better Buy Than You Think

What if Facebook's IPO offering isn't actually outlandishly priced? What if $100 billion is actually a reasonable price? Let's go over a few of the reasons Facebook stock may be cheaper than worrywarts are leading you to believe.

Many Are Haunted by Ghost of Phone Bills Past Due

Far too many customers aren't paying their phone bills on time, if you ask the phone companies. Three of the top four submitters to third-party collection agencies are major telephone carriers. And the reasons why should come as no surprise.

SEC Warns of Social Media Schemes After Fraud Case

Regulators are warning the public to be wary of social media sites that could be offering bogus investment schemes. The warning follows civil charges filed by the Securities and Exchange Commission against an Illinois-based investment adviser who tried to sell fraudulent securities through Linkedin.

Citibank Turns Rewards Into 'Social Currency'

Credit card rewards are the new social currency. Citibank customers can now use Facebook to pool their rewards points online. The bank on Tuesday launched a Facebook application that lets users team up to use their points, whether it's for charity, a group gift or a personal goal. Citi says it's the first bank to offer such a feature.

Zynga's $10 Billion IPO Game: Should You Play?

If you're not familiar with Zynga, the undisputed champ of social gaming, odds are that you're not a fixture on Facebook or into smartphone app gaming. This month, it rolls the dice on a big public offering. Are you game?

How Your Facebook Wall Could Become an Online Mall

Ah, Facebook: It's where you banter with "friends," share vacation photos and "like" everything from candy bars to political parties -- so why not shop there, too? Now, retailers are making it easier to do just that.

MySpace Markdown: Social Site on Sale for 94% Off

Back in July 2005, the deal seemed so promising. Rupert Murdoch's News Corp bought MySpace parent Intermix Media for $580 million. The social media pioneer was, by some measures, the fifth most-visited website in the U.S. This week, MySpace may be sold for as little as $30 million.