Photobucket gets major redesign in new beta, apes Facebook with 'Stories'
Long-running photography management site Photobucket on Thursday unveiled the beta version of its redesigned user experience, which gives the service more competitive footing against the Web's dominant --some would even say default-- photo-sharing site, Facebook.
How could it possibly compete with Facebook? Well, that's the thing. Photobucket obviously understands that it would be silly to even try to compete. So if you can't compete with Facebook, you hook your service into Facebook and add bonus features.
Real-money gambling arrives on Facebook
Although online gambling is essentially illegal in most US states, in the UK it’s both very popular and well-regulated. Facebook has been in discussion with a number of UK-based operators about introducing real-money games to the social network since last summer, and the first of what will likely become a deluge of gambling apps has finally arrived on the site. The new game, from UK-based Gamesys, is called Bingo and Slots Friendzy and will allow British users aged 18 and over (and in possession of a credit card) to play for real cash prizes while chatting with friends. As is the case with most online gambling games in the UK, this one comes with a big cash incentive for new players. Deposit £10 to get £30 to wager.
Commenting on the launch, Facebook’s Head of EMEA Gaming Partnerships, Julien Codorniou, said, "People love playing new types of games with their friends on Facebook and real money gaming is a popular leisure activity in the UK. We’re delighted to be working with Gamesys to enable them to offer their games on Facebook so that people can enjoy playing more games with their friends."
What Google could do with their $43 Billion in the bank
According to Google's recent earnings report, the Mountain View search company has $43 billion in cash reserves. I'm no business expert, but that number seems unreasonably high and I think Google should use some of that money. Some have said that Google has run out of ideas, so to alleviate the situation here are a few ideas:
Sprint Nextel Corporation, Cost: $13 Billion
Sprint isn't the smallest of the four main carriers in the U.S. but it would still be a great way for Google to get its foot in the door. Just imagine what Google could do with a carrier, Android phones could be subsidized into oblivion, phones would at last be updated, no more bloatware, full Google Voice integration, and if Google really wanted to do no evil then every phone they sold would be unlocked. There is also this to consider, Sprint carries the iPhone, so Google and Apple would be in an interesting situation, but Google could play this to their advantage, as they say “know thine enemy.”
Facebook and Twitter will soon feel the 'MySpace Effect'
If you still have a MySpace you likely fit into one of three groups: You forgot to formally delete your account; you are trying to advertise your small-time band to a couple dozen hardcore leftover users; you log into MySpace right after you finish signing into AOL Desktop merely as a matter of old habit.
But I'm not interested in singling out those still using the service, as the droves of users who have dumped the website outright far outnumber the faithful by now. I'm outlining something I'd call the "MySpace Effect".
There are more than 83 million active 'fake' users on Facebook
Tucked away in Facebook’s company filings published this week, was an interesting snippet of information. Although the social network had 955 million Monthly Active Users (MAUs) as of June 30, 2012, an increase of 29 percent from this time last year, some 8.7 percent of that figure – around 83 million users - were identified by Facebook as likely to have come from fake sources.
The number of people actively using the service is calculated using internal company metrics based on the activity of user accounts, and Facebook has determined that roughly 4.8 percent of its MAUs may have originated from duplicate accounts, with a further 2.4 percent coming from user-misclassified accounts (that is personal profiles created instead of pages for businesses or "non-human entities," like pets), and 1.5 percent from undesirable accounts (those created by spammers, for example).
Microsoft relaunches Hotmail as Outlook
Today, Microsoft unveiled the latest incarnation of its popular Hotmail service, and as well as a new look it’s been given a new name, although it’s one that everyone in the business world will be intimately familiar with -- Outlook.
This rebranding is a huge step for Microsoft and signals the death of Windows Live, which never really caught on in the way the company would have liked.
LinkedIn and Facebook join forces with Microsoft Office in the cloud
One of the new features of Office 2010 (yep that’s 2010) was the Outlook Social Connector. This addon brought with it the ability to display social network information within Outlook itself. It took a little while for developers to get on board but last time I checked you could download "providers" to integrate Facebook, LinkedIn, Windows Live and Xing data.
Well, Office 2013 is now with us, and the social connector has been improved further. You no longer need to download a specific "provider" for Facebook or LinkedIn. Simply sign in with your existing credentials and Outlook 2013 will pull through the relevant data.
Facebook ends quarter in the negative, but made $6.8 billion in cash from IPO
Popular social network Facebook posted its second quarter financial results on Thursday afternoon, revealing a net loss of income for the site at the end of its first quarter as a publicly traded company, but also revealed the huge amount of cash earned from its initial public offering.
Facebook showed a net loss of $157 million, a significant decline against its total income last year, which was $240 million, but this came after a hugely improved revenue flow.
Google+ wins me over
“Bigger is always better” is an expression we’ve become accustomed to over the years and while counter-intuitive it best describes everything that’s wrong with Facebook. The most popular social networking website is the best example of size losing over quality. Are we really satisfied with our Internet alter-ego living in the largest environment or the better one?
The American Customer Satisfaction Index has revealed rather interesting user satisfaction results on Facebook and Google+. Satisfaction is the word of the day and Facebook users don’t really get it, which is curious because there are more than 900 million of them. The satisfaction index rating decreased from 66 in 2011 to 61 in 2012. That's out of 100 points. Surely CEO Mark Zuckerberg should be concerned. Why? The sun shines brighter on Google+, which ranks 78 its first time on the index, equal to Wikipedia.
People don’t like Facebook, They like their Friends
I do not care about Facebook's email service, nor will I use it
Facebook has really made waves among its users by changing the contact email address information in personal profiles.
In a move meant to popularize Facebook's own email service, users have been given an @facebook.com email address with the same address as the one in their personal URL. For instance, now you have [email protected] if you had the URL www.facebook.com/idontcareaboutfacebook. I believe that is the best news Facebook could have given to those 800 million users, and I think it’s the best thing they’ve done so far.
That Facebook account verification email in your inbox is a scam
If the scary email or app notification, and subsequent webpage, is to be believed, you have only a few days to verify your Facebook account or you’ll be out of luck. But don’t worry, a few days later you will magically get a few more days to verify, and so the scam goes.
A Twitter follower with the handle of @chasapple sent us a tip on an app message they received, here’s a screenshot of what happens if you clicked the link.
Facebook IPO destroyed investor confidence in social networks, says Vkontakte CEO
Pavel Durov, the outspoken founder and CEO of popular Russian social network VKontakte says the site's initial public offering has been indefinitely postponed due to a chilling effect caused by the Facebook IPO, which has been called the worst performing IPO of the last decade.
VKontakte (VK) is not nearly as large as Facebook in membership, but it has remained one of the top 50 most popular sites in the world for several years, and is Russia's fourth most-popular site altogether.
Are Facebook bankers backers or backstabbers?
What's the measure of Facebook's IPO? MBAOnline sent us a couple of infographics explaining just that (see them below the fold). But I must qualify that they don't take into account downward trends and some nasty behind-the-scenes backstabbing. Late yesterday, writing for Reuters, Alistair Barr reports that ahead of Facebook's Friday IPO, lead underwriter Morgan Stanley reduced revenue forecasts during the roadshow promoting the public offering. JPMorgan Chase and Goldman Sachs did similarly.
Fallen dot-com stock analyst and risen tech news publisher Henry Blodget adds perspective. "This by itself is highly unusual (I've never seen it during 20 years in and around the tech IPO business)", he observes. "But, just as important, news of the estimate cut was passed on only to a handful of big investor clients, not everyone else who was considering an investment in Facebook". Uh-oh, selective disclosure violates SEC rules.
Mark Zuckerberg isn't embarrassed by Facebook's IPO
So Facebook is now a public company but with the shares only one business day old the news is already bad: Facebook shares didn’t pull a Google or a Yahoo or a Microsoft or even a TheGlobe.com and soar out of sight on IPO day. They ended right where they started pretty much after the day traders took their easy profits. And while Wall Street sees this performance as a dud, Facebook itself sees it as a masterful piece of financial engineering.
If you are an investment banker -- and let me re-emphasize that, if you are an investment banker -- you want IPO shares to go up on their first day, rising in price by at least 10 percent though no more than 20 percent. This shows the IPO is hot, the company is booming, yet the offering wasn’t so underpriced that the founders feel cheated. Such IPOs make investors feel happy and happy investors buy and sell more shares and participate in future IPOs.
Microsoft Socl opens to all, the social network where search queries = status updates
Microsoft on Monday opened its experimental social search service called So.cl, which lets users socially broadcast their search queries and attached results. Socl is the product of Microsoft's Fuse labs, and has been open to limited user groups at the University of Washington, Syracuse University, and New York University, for the last five months.
Unlike the recent revamp of Bing, which integrates a user's social graph into their search base, Socl is something entirely different. The new service combines the "social broadcasting" aspect of Twitter and applies it to search queries and research.
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