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Lack Of Rules Leaves Public Vulnerable To Shady Sellers Of Blog Followers, Shanghai Daily Says

Looking to boost the number of followers you have on your microblog? In China, a country where face often trumphs all in social matters, there’s a quick though dubious solution.

 

Facebook status update: Shares finally higher

Facebook Stock

Facebook Inc. investors might finally be catching a break. The social networking titan's stock snapped three straight weeks of losses since going public May 18. The stock surged 6% on Friday -- above $30 a share -- and closed up nearly 11% for the week.

 

Redesigned YouTube rolling out to some users, reflects the influence of Google+

From the looks of this screenshot posted by one of our readers, it appears YouTube is testing a new homepage styled more like the look that recently rolled out on Google+. The current default look rolled out last winter with more focus on channels and social integration, while this new facade features more white space and list of channels and friends to the side. We asked YouTube about the new look and a spokesperson issued a boilerplate statement about experimenting with ways to help users find the videos that are important to them. The statement in full is after the break, however the key part is that they're listening to user feedback so take a close look at this pic and the rest at the source link below then let us (and Google) know what you think.

 

SEC Pressed Facebook On Zynga, Instagram And Zuckerberg's Control Pre-IPO

Facebook Lawsuits

Facebook went public just about a month ago, and on Friday the Securities & Exchange Commission released its correspondence with the social network in the months between its initial filing and the May 18 IPO.

Senh: Zynga makes up 19% of Facebook's revenue for 2011: “Please disclose that revenue from ads shown to users using Zynga apps on Facebook was approximately 7% of your revenue for 2011,” reads the April 10 letter from SEC Assistant Director Barbara Jacobs to Facebook CFO David Ebersman, “and that this is in addition to the 12% of your 2011 revenue derived from payments processing fees related to Zynga’s sale of virtual goods and direct advertising purchased by Zynga.”

 

Facebook privacy vote was dud with a thud

Proving that Facebook should never become a real country, a recent user vote on privacy changes resulted in ... hardly anyone voting. "Hardly anyone" meant 342,632 votes — a smidgen of a smidgen of the social network's 900 million-plus users worldwide.

 

Apple to kill Ping, report says

Ping Social Network

Apple's social network Ping will be gone in the next release of iTunes, reports All Things Digital, citing sources close to the company.

 

Political groups target key voting demographic on Pinterest

A boom in users on the social media site — and the fact that more than two-thirds are women — is attracting political messages to the site best known for recipes, crafts and I-want-that images. In political persuasion, as in marketing, "it's always the next big hot thing," says Zac Moffatt, digital director for Republican Mitt Romney's presidential campaign. "And it's kind of hot right now."

 

Facebook's Sharp User Growth Appears Over

Facebook

Facebook went public last month on its prospects for growth. But in some areas, the social network's growth rates are already maturing. In particular, Facebook's user growth rate in the U.S. is slowing sharply. In April, U.S. unique visitors to the website increased to 158 million, up just 5% from a year earlier, according to research firm comScore Inc.

 

Facebook: Our Ads Do Too Work-Just Like Any Others-And Here's Data to Prove It

Facebook Ads

Stung by claims in recent weeks that its advertising doesn’t work, Facebook is pouring on the public relations to insist that in fact, ads work just fine on the site. But while some of the claims of critics rest on shaky evidence, many questions about Facebook’s value as an advertising medium remain among the brands that constitute the bulk of all advertising online and off.

 

Facebook's Problem Is Its Low Click-Through Rate from Ads

Facebook

In light of Facebook’s disappointing IPO, I'll pull up an article I wrote in February, which said, “... social networks have always been poor at monetizing their traffic, and that hasn’t changed since they gain popularity. Click-thru rates for ads on social networks have always been really low, so they can’t charge nearly as much as Google per pageview. That hasn’t changed since social networks entered the internet landscape and won’t change in the future.”

 

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