Facebook is a social networking website launched on February 4, 2004. The free-access website is privately owned and operated by Facebook, Inc. Users can join networks organized by city, workplace, school, and region to connect and interact with other people. People can also add friends and send them messages, and update their personal profile to notify friends about themselves. The website's name refers to the paper facebooks depicting members of a campus community that some US colleges and preparatory schools give to incoming students, faculty, and staff as a way to get to know other people on campus.
Is there anyone who is still not on Facebook by now? Yes! Many of my personal friends. Having said that, they are possibly the minority rather than the majority in the world now. So, I'll keep this short and simple. My take on Facebook. I had an account on it for many years but I hardly logged in. The main reason being I don't really know a great many who are on it and I was residing in China for the last 4 years, I was logged out of it. It's banned! … more
When I first created my Facebook profile, I did so in order to communicate with a few people who I met on the old (and seemingly ancient) Yahoo 360 social network. I had become quite good virtual friends with them and didn't want to lose touch with them whenever 360 shut down. I believed that those few select people (six friends total), would be my entire world on Facebook. Soon enough, however, I started getting friend requests from people I hadn't seen since high school … more
Global phenomenon? Yes. A scourge of every day life? Absolutely. Here's why you should follow my example and pull the plug on Zuckerberg's narcissistic ego-porn site. So today I took the leap and unfriended myself from Facebook, which is ironic considering that I spend a major part of my time helping clients buy social media advertising - it's like being the drug dealer who won't touch the stuff. And it does strangely feel like I've disconnected … more
Social Networking has, for the most part, become a part of our everyday lives. It's still in its infancy, though. For most of us sites like Friendster and Myspace got us started in Social Networking, while other sites such as Amazon have adapted to becomeing more social networking like in a time that it's a big thing. Yet when it comes to social networking no website stands out more than Facebook. This is for several reasons. Facebook has become a social networking … more
I realized very shortly after setting up my facebook account that I’d gotten myself into deep trouble. It was September, a little over a year ago. I found my thoughts racing, and usually heading straight back to my friend list. I obsessed over my profile even when I was doing other things; I remember going running by the lake and wondering almost the whole while which Elliott Smith quote defined me as a person. I learned to love chatting with three people at a time—when I’d see … more
Ouch!!! 40% LOSS for investors in its first 10 days of trading on the NASDAQ! More if you bought at the height of around $45 on its listing day!!! I wrote a review of it (I know a bubble when I see one!) on the weekend after its listing looking for a price range of $25-28! It recorded a low of $26.83 yesterday (May 31) before a technical rebound at the close! So, what's next?!
It began trading on Nasdaq around $43 last friday. Today, in just a market day, over the weekend after Mark's wedding, it's trading at around $33!!! Lucky Mark who sold it at $38 with the help of Morgan Stanley! Not so lucky for the investors (retail or institutional) even if they are buying for the long term!!! They could have gotten it for $33 today or even less later! PE of over 100?! Forget it!!! Are you sure you're that good a friend with Mark? ;-) … more
I'm on Facebook and I hate myself for it. The only reason I joined was because invitations from friends to events kept flying over my head, and when they asked where I was, they would always tell me it was on Facebook. Herein is the big problem I have with the site: People consider it all they need. Basic human decency and intimate, detailed conversation is being eschewed. But on the upside, I've made very useful connections with online friends and it allows me to keep up with the goings-on in Chicago, … more