Social Networking

Facebook settles with the FTC

Reuters: Facebook has agreed to settle an investigation by the Federal Trade Commission into deceptive privacy practices, committing to cease making false claims and to submit to independent audits for 20 years.

Facebook’s $100 billion IPO

WSJ: The social networking firm is now targeting a time frame of April to June 2012 for an initial public offering, said people familiar with the matter. The company is exploring raising $10 billion in its IPO—what would be one … Continued

∞ The problem with Stamped

The problem with Stamped is that it correlates popularity of your stamps to quality. It makes the assumption that because you like something – and use up one of your “limited stamps” to demonstrate this as a showing of quality – that others will be inclined to agree or incited to try out whatever you stamped. I don’t think that could be further from the truth.

I agree.

∞ Facebook denies it tracks users

Emil Protalinski for ZDNet: “Facebook does not track users across the web,” a Facebook spokesperson said in a statement. “Instead, we use cookies on social plugins to personalize content (e.g. Show you what your friends liked), to help maintain and … Continued

∞ Why Google wants your real name

Dave Winer: There’s a very simple business reason why Google cares if they have your real name. It means it’s possible to cross-relate your account with your buying behavior with their partners, who might be banks, retailers, supermarkets, hospitals, airlines. … Continued

∞ Google+ comes to iPhone

If you’ve hopped on the latest social networking bandwagon and gotten a Google+ account, you may be interested in the new Google+ app for iPhone. It’s available for free download from the App Store.