Social Media

As per a recent report published at Bloomberg, Linkedin has been evaluated as $2 Billion company now. A recent move by Tiger Global Management LLC, a hedge fund, paid $20 Million to have control over 1% of Linkedin Corp, which made Linkedin such a high valued company.

Its official now ! Facebook has crossed 500 Million long anticipated users base yesterday. On his blog post Mark Zuckerberg, CEO - Facebook, announced yesterday. Mark further writes "I could have never imagined all of the ways people would use Facebook when we were getting started 6 years ago. I want to thank you for being part of making Facebook what it is today and for spreading it around the world.”

Top Social Networking website Facebook has been rated among Web Worst’s company in an American Customer satisfaction Survey conducted by ForeSee. Surprisingly, company’s ranking is lower than any other business in its category besides MySpace which stand at the lowest in the list. Larry Freed, CEO- ForeSee, says that “blow on privacy issue, constant change in design, data flow, frequent app upgrades and integration of advertisement section and commercialization are the main cause behind posted ranking for Facebook.

Finally Facebook registered victory over a lawsuits filed in US court towards ownership dispute with New York resident Paul Cegli, preventing any assets transfer, when a New York federal court judge struck down a restraining order preventing the company from transferring its assets.Just couple of days before I have mentioned in one of my posts that a New York resident Paul Cegli claims over 84% of ownership over Facebook and filed a lawsuite against Facebook and Mark Zuckerber - CEO and Co-Founder of Facebook.

Outraged Muslims who recently faced issues with Facebook for various reasons are back with an ultimatum to Facebook for revoking banned pages such as Facebook.com/Rassoul.Allaah and Facebook.com/Logo.Ramadan. After Facebook's "Everybody Draw Mohammed Day", which outraged Muslims and resulted as a ban for Facebook in many countries like Pakistan & Bangladesh, a group of Muslims have drawn a deadline of 21st July failing to which Facebook will loose its 2.5 Million Muslim user base to madina.com - a Facebook clone.

As odd as it can be but it’s True – Love story between Skype, a VoIP Internet service provider, and Fring, a mobile communication provider, seems to reach to an end. It was all started when Fring claimed that Skype blocked Fring access which made millions of Fring users to face disconnect from Skype. In last 2 weeks there were dramatic changes and allegations between both the companies and none of them are ready to reveal the actual steps taken against each other.

People who are using short link for any of their promotion on Facebook will have a sudden but little difficult time with Facebook. Facebook has just blocked worlds most popular URL shorter link Bit.ly as Facebook marked it as abusive for its network. Millions of links on Facebook are getting affected.People who are using various blogs or website which carrier Bit.ly short link wont be able to post a link on Facebook.

Social media site, Facebook.com, which has set up its first base in Asia at Hyderabad (India), has initiated its hiring process. To begin with, the social media giant has roped in Kirthiga Reddy as director of online operations and...

Infosys Technologies ( NASDAQ : INFY ) has planned to launched a Social Networking Policy for all of its employees across the globe. This policy will protect the interest of company for any valuable information leaking or any personal attack towards company management through social networking websites like Twitter, Facebook, MySpace etc.

Facebook has moved to overturn New York based judge's recent order for temporarily blocking assets of the company, as world No 1 social networking company responds to a lawsuit by a New Yorker named Paul Ceglla who claimed to own 84% company stack. In a civil lawsuit filed by Paul, he claims to have signed contract with Facebook CEO Mark Zuckerberg to develop and design a website which was named as "TheFaceook.com".