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Facebook May Not Be Ready for Its Closeup
Facebook May Not
Be Ready for Its Closeup
michael wolff
Feb 1, 2012 5:38 PM CST

Facebook May Not Be Ready for Its Closeup

Mark Zuckerberg and his company aren't used to 'primetime scrutiny'

(Newser) - Facebook is finally on its way to becoming a public company, but are Mark Zuckerberg and crew prepared for what that truly means? Guardian columnist (and Newser founder) Michael Wolff has his doubts. "I don't think that Facebook, with its messianic ambitions and squirrelly zeal, is actually ready...

It's Here: Facebook Files for $5B IPO

Company's ticker symbol will be FB

(Newser) - Mark Zuckerberg's little startup filed papers with the SEC today to become a publicly traded company. Some of the Facebook particulars:
  • The company says it plans to raise $5 billion, but that figure is expected to rise to perhaps $10 billion by the time the big day arrives in
...

Man Fined After Anti-Gay Facebook Post

Lithuanian called for 'another Hitler to exterminate' gays

(Newser) - In Lithuania, a 37-year-old man was slapped with a fine of nearly $600 for posting on Facebook that there should be another Hitler who should kill gay people. The furniture-maker wrote the comment under an article about Lady Gaga's criticism of the Lithuanian government, reports PinkNews . A court ruled...

Facebook Launching IPO Today
 Facebook Launching IPO Today 
Feb 1, 2012 7:52 AM CST

Facebook Launching IPO Today

Filing 'an American milestone'

(Newser) - The company Mark Zuckerberg founded in his dorm room eight years ago is expected to file for Silicon Valley's biggest-ever initial public offering today. The Facebook IPO will aim to raise $5 billion, and will value the company at between $75 billion and $100 billion, insiders tell Reuters . The...

Facebook Post Garners 1M Comments

Users shatter Guinness World Record

(Newser) - A team of about 100 Facebook pals has collaborated to comment more than a million times on a post—setting an official Guinness record, KTXL-TV reports. The initial post was made in October in the Facebook group Ffgpioneers/gwr/attempt . (It was an innocuous post made just for this purpose.) To...

Facebook Could File IPO Papers Next Week: Insiders

Sources say Morgan Stanley is close to landing the deal

(Newser) - Sources tell the Wall Street Journal that Facebook could file papers for its IPO as early as Wednesday, and that Morgan Stanley will likely be chosen as the lead underwriter. The company is looking at a valuation between $75 billion and $100 billion; people have said earlier that the IPO...

'Don't Be Evil' Tool Alters Google Searches

Facebook engineers come up with way to revert to old Google searches

(Newser) - A few Facebook, Twitter, and Myspace engineers critical of Google's new search protocol spent the weekend cooking up a way to modify searches so they revert to the way they used to be. A new "Don't Be Evil" bookmarklet—ripping off Google's own mantra—was created...

Man Arrested for Declaring Atheism on Facebook

Indonesian civil servant faces up to 5 years for 'blasphemy'

(Newser) - Indonesian atheists, look out. An angry mob attacked a civil servant in Padang after he declared his atheism on Facebook, said police—who promptly arrested the civil servant. "He is suspected of having blasphemed against Islam," a police chief said of Alexander An, 30. "The man told...

Facebook Virus Gang Living in Luxury

Koobface Gang not bothering to hide their identities, location

(Newser) - You might think a cabal of cyber criminals who'd ripped off 400,000 to 800,000 Facebook users would be on the run and living deep underground. You'd be wrong. The so-called "Koobface Gang," makers of a Facebook worm that's done just that, is living...

Facebook Going Public in May: Report

If sources are right, documents will be filed in matter of weeks

(Newser) - Facebook plans to hold its long-rumored, long-wished-for IPO the third week of May, sources tell Kara Swisher of All Things Digital . That would mean documents would have to be filed in a matter of weeks, since the SEC generally takes three to four months to evaluate them. Swisher is pretty...

Facebook Makes Us Feel Bad About Our Lives
Facebook Makes Us Feel
Bad About Our Lives
IN CASE YOU MISSED IT
Jan 15, 2012 7:00 PM CST

Facebook Makes Us Feel Bad About Our Lives

Those who use it more often think others are happier: study

(Newser) - One quick way to feel better about your life: Delete your Facebook account. Or, at the very least, spend less time on it. A new study suggests that the more you use Facebook, the more likely you are to believe that your friends are happier and lead better lives than...

Need a Facebook Girlfriend? It's Only $5

'Cathy' will post stuff to your wall to impress your friends

(Newser) - There's an easier and cheaper way to make an ex jealous than going outside and finding a real, human girlfriend. For a measly five bucks, you can hire someone to act as your Facebook girlfriend, notes the Washington Post blog . Cathy01, posting on fiverr.com —a site that...

SOPA Author: 'I Don't Mind Taking That On'

Lamar Smith seems unfazed by powerful opponents to piracy bill

(Newser) - Rep. Lamar Smith, author of the fiercely controversial Stop Online Piracy Act, doesn't sound like he's bothered much by the heated opposition from e-powerhouses such as Facebook, Google, Reddit, and Twitter. "It is amazing to me that the opponents apparently don't want to protect American consumers...

Facebook Coming to ... Your Car?

Mercedes installs new system, swears it's safe

(Newser) - Facebook has found its way inside what could be its most unlikely device yet: a car. Mercedes-Benz will soon be installing Facebook in its new cars, with a specially-designed, bare-bones version that, it hopes, minimizes the chance of someone crashing off the road while using it. The app, which was...

Facebook Closes 45K Accounts to Stop 'Worm'

Ramnit worm steals login info, spreads nasty links

(Newser) - Facebook has temporarily shut down about 45,000 accounts to protect users from a worm that steals login information and spreads malicious links, the Telegraph reports. Called Ramnit, the worm has been proliferating since April 2010 but only recently adapted to Facebook accounts. Most of the victims are in Britain...

It's About Effin Time: Facebook Recognizes Village

Small town in Ireland with funny name is now OK on site

(Newser) - Rejoice, residents of the tiny Irish village of Effin: You have made it in the eyes of Facebook. As the Independent explains, people who tried to punch in the village as their homeplace were unable to do so until late this year. There's conflicting reports on whether that was...

Facebook Timelines: Now on Business Cards

Website makes cards using profile data

(Newser) - The new Facebook Timelines are making their way to a decidedly low-tech medium: paper. A British printing company is offering Timeline business cards, PC Magazine reports. Moo.com uses the information in your profile to automatically create a business card with your Facebook contact information and Timeline photos, laid out...

Need a Kidney? Ask on Facebook

More kidney requests popping up on social media sites

(Newser) - People who once sought kidneys through word of mouth or church bulletins are finding a new forum: Facebook. The website has fulfilled at least three kidney requests as many more are popping up across social media sites, the AP reports. One plea came from Seattle father Damon Brown, who was...

Facebook Cited in 33% of Divorces

Flirting, cheating ways often uncovered online

(Newser) - All that flirting on Facebook is leading to a sad but hardly surprising outcome: divorce. One-third of divorce filings based on unreasonable behavior are citing Facebook these days, and such filings are up by half over the past two years, says the law firm Divorce-Online. "People contact ex-partners and...

Man Busted After Mom Pleads for Help on Facebook

We 'will be dead by morning,' she posts

(Newser) - On Christmas Eve, a sort of Facebook miracle: A Utah woman posted a plea for help, saying that she and her 17-month-old son had been held against their will for five days, which eventually led to their rescue. Police have arrested the woman's live-in boyfriend, Troy Reed Critchfield, 33,...

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