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May 11 2012
New ‘Facebook Terms and Policies Hub’ Answers Your Policy Questions
Facebook, infamous for its changing policies and confusion among users about what they’re getting themselves into when they use the world’s largest social network, has finally aggregated all its terms and policies under the same roof.
That roof — Facebook.com/policies — contains, in the words of Facebook, “Everything you need to know, all in one place.” The Facebook Terms and Policies Hub, as it’s called, is clear and easy to navigate, with headlined links and sub-headlines. However, all of these links actually lead to a lot of information.
Clicking on the three big links — Statement of Rights and Responsibilities, Data Use Policy and Community Standards — leads you to details about privacy, account security and how your information is shared. It also links to information about Facebook’s position on just about everything controversial on the Internet, and by extension, on Facebook. Violence, bullying, hate speech, nudity and intellectual property are just a few of the issues on which Facebook has a firm stance.
The policies portal also has links regarding ads and sponsored stories, credits, pages, platform payment terms, promotions and branding resources.
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A spokesperson for Facebook released the following statement regarding the new hub:
“This week, we began rolling out the Facebook Terms and Policies Hub, a central resource for all of our policies. Our hope is that this new resource will make our policies more transparent and accessible for the people who use Facebook by offering easy access to answers to specific policy questions ranging from platform to ads to content.”
With the range of policy questions aggregated under the Facebook policies hub, it’s a reminder of just how expansive the world’s largest social network is — and how important it is for users to keep up with Facebook as it continues to expand. Facebook privacy has always been a contentious issue among users, but the inclusion of topics like sponsored stories and page information under the same “policies” roof emphasizes something important: There are many different sides of Facebook. It’s not just a social network — it’s a business.
Are you satisfied with Facebook’s new terms and policies hub? Sound off in the comments.
Facial Recognition App IDs Your Friends Using Facebook
Want to make tagging friends in Facebook photos a bit easier? New facial recognition app Klik launched out of beta on Thursday.
Simply download the iPhone app and get ready to snap of picture of your friends or family. Before you even click the button to take a pic, the app immediately recognizes your friends’ faces. After you take the pic, Klik will identify the face (if they’re on Facebook) and identify who that person is. If the app gets it wrong, you can find the right name from your Facebook contacts. Plus, Klik’s creators say the app gets smarter over time and should become increasingly better at identifying people in photos the more you use it.
To familiarize the app’s facial recognition technology with the faces you know, simply connect the app to Facebook. The facial recognition software will analyze each face in your photos and remember the name associated with each tag — although this could take up to one full day.
Once you’ve taken and tagged a photo, you can apply a variety of filter options. From there, you can post the photo to Facebook or Twitter. Klik also has a social component — users can view your friends’ photos and see the locations where those pics where taken.
Klik was developed by Face.com, a facial recognition software company. Currently,
Klik is available for free in the app store for iOS 4.3 or above.
What do you think about this app? Would you use Klik? Tell us in the comments.
More About: apps, Facebook, facial recognition
Are Millennials the Most Distracted or Engaged Generation?
Plenty has been penned on the time teenagers and young adults “waste” on the Internet. Facebook is often vilified on this account.
And while Internet addiction, bullying and diminishing attention spans are certainly of concern, the empowerment these new channels offer may outweigh the drivel. So argues Adora Svitak, the 14-year-old author, educator and speaker who recently discussed millennials and social media on stage at Mashable Connect in Orlando, Fla.
Svitak made a compelling case for social empowerment among “the generation of eye-rollers,” drawing from recent trends, studies and anecdotes from her own life growing up in the thick of a changing social landscape. Only problem is, adults can have a hard time understanding just how beneficial that engagement can be.
Facebook Is the New Study Hall
It’s a challenge for kids to live in a world of constant communication (as we all do), and suddenly turn it off in a classroom of textbooks and blackboards. I’ve heard it likened to teleporting kids to the 1950s for six hours each day.
Take a recent anecdote about how a school administrator disabled Google’s chat feature, only to find students sharing Google Docs in order to chat in the sidebar.
Similarly, Svitak explained how her peers at school use Facebook for fun, but also as a collaborative educational tool.
“We use Facebook as a study hall, posting a lot of resources for upcoming tests,” she said, pulling up a comment thread full of links, likes and conversations about art history.
Indeed, Facebook itself recognized the potential here when it launched Groups for Schools, where students and teachers could collaborate in a sanctioned social environment. Facebook’s platform just became richer with the ability to share files within groups as well.
Whether via “official” channels or not, study will happen where students live. For now, that’s on Facebook, and fighting it will likely be a losing battle for educators.
Meme Culture Is the New Rock and Roll
There’s always been a cultural gap between parents and children. It can take the form of music — rock and roll or hip hop, for example. Or perhaps humor — The Cosby Show vs. South Park. The divide happening online, according to Svitak, lies in meme culture.
Svitak’s mom is an early tech adopter. Her dad builds Windows Phones for a living. But according to Svitak, when it comes to web culture, they have no idea what’s going on. They don’t share the same touchstones she does with her older sister.
“Memes are a world that my parents don’t quite understand,” said Svitak, however “inescapable” they are in her own Facebook feed. They are a new language — a way to communicate casually and humorously — almost like slang. And like all youth vernaculars, they can be a springboard into more topical conversations.
When the hilarious Tumblr blog Texts From Hillary spread across the web, it made an impact on young people, said Svitak. “So many of my peers saw Hillary Clinton’s cool factor,” she explained. Kids whom she assumed didn’t care about news or current events were suddenly talking about it.
New Marketing: Contests and Causes are King
Young people have access to infinite entertainment, news and social choices, which means traditional marketing tactics won’t fly. If brands want to reach millennials, they need to wrap their messages in an engaging package. Contests and causes resonate well, according to Svitak.
She cited a recent promotion by shoe retailer Vans, in which the brand encouraged fans to design their own shoes and share them on Facebook. One of her friends posted the creation above, and received about 40 “likes” within minutes. “If I pay you $100, will you let me keep them?” read one of the comments on the post. There’s no better brand play than a fan creating art around your product and her friends getting excited about it.
“I think that my peers deserve more than products to buy wrapped up in advertising,” Svitak said. “We need ideas to share and causes to believe in — opportunities to lead and teach.”
The idealism of youth is indeed a reckoning force when amplified by social media.
“Teenagers invest themselves deeply in causes,” said Svitak. When it comes to marketing, “there’s a lot of idealism to tap into. Teens don’t have cash, but they can do good by using their smarts.”
Svitak mentioned microlending website Kiva.org, which empowers people in developing nations with small, low-interest loans. The reach of lending campaigns in her Facebook feed are magnified as kids share and tag friends to get them involved. “We can use peer pressure in destructive ways, and amazing ways,” she said.
The net benefit of this public discourse about brands and causes is a new era of corporate transparency, according to Svitak. “Not only do we share things we really like, but we share things that we hate.” Just as a brand aims to harness the power of social, a public misstep can be equally damaging. Svitak cited clothing retailer Urban Outfitters’ political donations to candidates with anti-gay platforms. The controversy caused a stir on the web after prominent tweeters like Miley Cyrus called the company out.
Not only do they steal from artists but every time you give them money you help finance a campaign against gay equality.#SHADYASHELL
— Miley Ray Cyrus (@MileyCyrus) May 26, 2011
Indeed, the most viral video ever — KONY 2012 — compelled young social media users to watch and share a 30-minute documentary about atrocities in Uganda.
While many have found fault with KONY 2012, or have debated its value, it remains a testament to the unmatched influence of online youth. “Imagine KONY 2012 with no youth involvement,” said Svitak. “It wouldn’t be possible.”
More About: Adora Svitak, Facebook, features, Marketing, mashable connect, memes, millenials, youth
May 10 2012
Facebook Faces FTC Probe Over Instagram, Unlikely to Delay IPO
The Federal Trade Commission (FTC) has reportedly launched a competition probe into Facebook’s $1 billion acquisition of Instagram.
The investigation could take up to 12 months, but it will not necessarily delay Facebook’s IPO, which is expected next week.
“Typically speaking, unless the FTC has actual regulatory concerns — in other words they think the prospectus doesn’t have all the information the investing public might need — then Facebook can go ahead and IPO,” James Brau, a professor of finance at Brigham Young University, tells Mashable.
Brau says he would expect, given a major concern, that the FTC would not prevent Facebook’s impending IPO.
David Balto, a former policy director at the FTC who now works as an anti-trust lawyer, agrees that the FTC standing in the way of Facebook going public on schedule would be unlikely.
The probe itself is routine, as the FTC requires detailed filings for all acquisitions larger than $68.2 million.
Facebook said in its IPO filings that it expected the Instagram acquisition to close by the end of the second quarter, but that now seems unlikely. Experts say the FTC could take six to 12 months to approve the acquisition.
“Facebook is in the middle of the targets of antitrust enforcers,” Balto tells Mashable. “There are certain dominant firms that get the most intense scrutiny.”
While the investigation will not necessarily delay Facebook’s IPO, it will delay the benefits the company sought in the acquisition. Facebook is not allowed to integrate Instagram technology or staff until the deal is approved, according to The Financial Times, which cites two people familiar with the matter.
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Bing Reinvents Social Search and Discovery
The New Bing

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Bing has been reinvented, offering enhanced search results that tap into the power of social media. Microsoft has done this by pulling people out of search results and putting them in their place: A right-hand social column that will eventually include Facebook, Twitter, Google+ Quora and LinkedIn integration, as well as people who may know something about your most recent Bing query. It even offers a way to ask questions on your favorite social network, directly through Bing.
It’s something of an about-face for the Number 2 search engine, which up until earlier this year has been slowly but surely integrating Facebook information (like “Likes”) directly into Bing Search results. This update is actually Phase 2 of a major overhaul. Bing quietly rolled out the first part last week. It stripped away the right column of results information (leaving a large white well) and moved a more concise “Related Searches” to a small middle column. Facebook Likes results integration remained, but appeared as a more subtle, gray thumbs-up next to the result, and there was a lot of white space on the right.
Starting today, some of Bing’s reported network of 100 million users will see a new column filling that space: The “What Your Friends May Know” social sidebar. For now, the sidebar only works with Facebook, but even with just that one network, the level of integration is quite intense. To see the new pane at work, you have to sign into Facebook and install the Bing App in Facebook. With that done, your social pane will be filled with recent Bing activity that’s also been shared on Facebook. When you enter a search query in the Bing interface on the left, the pane will also display a list of Facebook friends, and topic experts who might be able to assist with your query.
Bing Exec Derrick Connell told me the goal of the new Bing is to “surface people, not web pages.”
In the social pane, there’s also an “Ask friends…” with a small Facebook icon next to it. Here, you type a question possibly related to your search. When you click within the field, a link icon appears next to your search results on the left; click any of them to add them to your Facebook posts. You can also ask those experts and friends to assist in your search. A tiny person-plus icon appears next to each of them. Click one (or more) and they will get a notification about your query.
How does Bing build these “Friends Who Might Know” lists? Microsoft execs explained they’re leveraging as much publicly available data as possible from Facebook (for now) and soon Twitter and other networks. Inclusion in the list is not necessarily based on something you posted about the topic. The sidebar includes people you know through your social networks that have, say, posted a photo about the topic, liked a certain relevant topic or searched for a similar topic in Bing, and people you don’t know, who are, for example, known Topic Experts and Enthusiasts (identified by Bing). All of them could be considered helpful in your quest for knowledge. Conversations revolving around a query topic are viewable through the social pane — you just hover over the activity and a small box will slide out to the left with the original post. You can add comments in any conversation in the activity pane or see the conversation in the slideout.
Not all public posts on these social networks can be scrapped in, so Microsoft turned, first, to its close friend Facebook. Thanks to that close relationship, Microsoft gets “a set of public data that’s part of the fire hose deal with Facebook,” Microsoft’s Connell told me. In fact, Facebook CEO Mark Zuckerberg was, according to Microsoft, shown the project and liked it. He was even happy to see the other social networks in the mix.
Eventually the Social Sidebar will add Twitter data. Microsoft says it has access to at least 6 months of publicly-available posts.
Google+ content should make an appearance, too, though it will only be what Microsoft can scrap in. It’s unlikely Google will ever agree to share its private network data with Microsoft. Google is heavily invested in deep integration between Google+ and its own search engine, having launched Search plus Your World earlier this year.
Despite all the new guidance from friends and experts, Bing still wants to help search users with more-targeted results. So it’s taking that somewhat sparse second column and introducing “What Bing Knows” or snapshot (Get it? The first column is “What the Web Knows,” The second column is “What Bing Knows” and the third is “What Your Friends Know”). This well won’t fill up for every search — instead, Microsoft identified four key areas of where it can help: Restaurants, Hotels, Movies and Events and People. The results in this area will include action items like restaurant and hotel reservations. In People, Bing will search across multiple social networks help you find the right person. These features were not available to test at press time.
Microsoft’s goal with all these changes? One, to clean up Bing. The company admits the page was getting too cluttered — it had assumed Web pages would be getting taller and thinner, when in fact, everything is getting shorter and wider. However, one of the key reasons for the change was to “stop corrupting the [search] experience with people,” said a Bing exec. That might also be a subtle dig at Google and its people-populated Search plus Your World. Bing execs also repeatedly said they think users want people — not Web pages — to help them.
There was also some direct criticism of Google. Microsoft execs said the difference between Bing and Google is Microsoft’s product is open while Google’s is closed. When Google’s “Search Plus Your World” Launched, Google faced some criticism for not surfacing Twitter and Facebook results. Bolstered by Bing’s 300 million entities in its database, Microsoft execs contend that its approach is more valuable than Google’s “pure semantic-based model” because it offers pure search information, letting users get info from topic experts. Additionally, Microsoft includes structured data around core topics that are of interest to the broadest set of people.
But Does It Work
I’ve been running the new Bing for a few days now and can report that it more or less works as advertised. First of all, the search results interface is the cleanest I’ve seen it in years. Yes, it looks almost Google-like. I tried a bunch of searches like “Barcelona,” “Tesla,” and “Broadway.” In each case, my “Friends Who Might Know” field in the Social pane filled up with people who had, for instance, posted photos of Nicola Tesla, or “Liked” the “Broadway League.” I was able to blend links and questions in the open field above and then post directly to my Facebook page, along with notifications to my individual friends and experts. No one has answered yet, but those seeing these queries were part of a fairly small beta group.
I noticed, by the way, that when I put in multi-word queries, I got few, if any, “Friends Who Might Know” results.
In Facebook, I did have to install the Bing App. It defaults to sharing your posts with Everyone. If you do a lot of searching, you may want to dial that down a bit.
If you’re usually logged into Facebook and often turn to friends for, say, travel or buying advice, this could be a useful tool for you. Microsoft contends that this is a natural way to find answers. They do not want to reinvent the web, Bing execs explained, “We don’t have to own it to surface it. The beauty of the Internet is you don’t have to be a social network to surface people, you don’t have to be a hotel to surface reservations.”
You may not see the What Your Friends Know or Social Sidebar in Bing for a while — Microsoft said it’ll be rolling this out slowly — but starting today you can visit http://www.bing.com/new to sign up for availability notification.
With this update, the competing search philosophies are clearer than ever. Google sees the world as a deep blend of data, people and activities, all of which can be mined simultaneously for a rich and useful experience. Bing sees a more structured world, where social interactions, while extremely helpful, are kept a safe distance from the core results you desire. Which approach is right? Let us know what you think in the comments.
For more details, check out the video where Microsoft explains the Bing update.
Video: Bing Originals: Search goes social
More About: bing, Facebook, Google, microsoft, Search, Twitter
Today’s Top Stories: Spotify Matchmaking Apps, Facebook App Center
Welcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. Today, we’re looking at three particularly interesting stories.
Spotify Launches Two Matchmaking Apps
Spotify has partnered with dating websites Tastebuds.fm and Fellody.com to launch two new apps: Tastebuds and Fellody. The apps will let you find potential romantic partners based on your taste in music. You can find the apps here and here.
Gooogle Overhauls Google+ iPhone App
Google has launched a new version of its Google+ app for iPhone, bringing a completely redesigned interface, improved photos and profile pages and pushing the +1 button to the top of the posts.
Facebook to Launch Its Own App Center
Facebook has announced it’s building an app center, letting developers sell their apps for the first time. The app center will become available in the “coming weeks,” both on the web and in Facebook’s iOS and Android apps.
Image courtesy of iStockphoto, mattjeacock
More About: Facebook, features, first to know series, Google, mashable, spotify
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How the ‘Lincoln Invented Facebook’ Hoax Fooled Some of the People [VIDEO]
Abraham Lincoln applied for a patent on a newspaper-like version of Facebook in 1845? If someone told you that in a bar, you’d laugh. But if they wrapped it in a tall tale, wrote it on a blog, and attached a Photoshopped front page, it seems they can garner national press attention.
Entrepreneur and sometime blogger Nate St. Pierre published such a fable on his website Tuesday. He claimed to have visited a cemetery for circus folk in Delavan, Wisconsin (such a place does exist) and seen a gravestone that referenced P.T. Barnum and Abraham Lincoln.
That led him on a journey to the Lincoln museum in Springfield, Ill., where a librarian supposedly helped St. Pierre dig up a failed patent application for the “Springfield Gazette,” replete with status updates, a profile photo and pithy quotes. “After we read it, we both sat there quiet for a long time,” St. Pierre wrote. “It was so obvious what this was, guys. A patent request for Facebook, filed by Abraham Lincoln in 1845.”
Most tall tales have red flags in them for the alert reader. This one was like a Beijing Olympics of red flags.
For starters, St. Pierre referenced Barnum, and not in a subtle way. He pointed out the circus huckster’s predilection for hoaxes, alongside the most famous quote Barnum never said: “there’s a sucker born every minute.”
There were more technical fallacies, like the fact that the picture of Lincoln postdated the newspaper by decades. Still, the most glaring red flag was this: Abraham Lincoln’s life has been picked apart by more historians than any other American celebrity. We know everything there is to know about his early years in Kentucky, his law practice in Springfield, his one genuine patent (a device to lift boats over shoals).
And now one blogger digs up a whole secret area of Honest Abe’s life in one afternoon, with the help of a dedicated Lincoln librarian who has somehow never come across it before? If you believe that, we’ve got a wrought-iron bridge to sell you.
Still, the tale was enough to fool at least three publications: Forbes, The Next Web and ZDNet. (All three have since amended or redacted their stories). Many more kept their powder dry, but St. Pierre claims he got more than 100,000 views on his blog post. We’ll take that with a pinch of salt, but the 15,000 Facebook Likes don’t lie.
St. Pierre says he’s at work on a post that will explain his reasons for the fabulation. We’ll summarize it in another 19th century truism: you can fool some of the people all of the time, and all of the people some of the time, but not all of the people all of the time.
Ironically, that quote has been attributed to two historical figures: Abraham Lincoln and P.T. Barnum. Yes, really.
More About: Facebook, Photoshop
May 09 2012
President Obama Wants Campaign Song Requests for Spotify Playlist
President Obama will now take your song requests.
President Obama’s team has set up a page on BarackObama.com for voters to submit potential campaign songs that could be added to his Obama 2012 Supporter Picks playlist on Spotify.
“As we head into rally season, what music gets you fired up?” the page asks. “Submit your favorite tracks below, and you could see them on the Obama 2012 Supporter Picks playlist on Spotify.”
Spotify is a music streaming site that gives users free access to millions of tracks on their computers and mobile devices. It also allows users to create playlists, see what their friends are listening to and to download third-party apps to discover everything from song lyrics to recommendations.
SEE ALSO: Obama Supports Gay Marriage, ABC Breaks News OnlineObama’s team is no stranger to using Spotify to get the word out about his campaign and connecting with supporters. In February, they introduced their first playlist which featured songs from a variety of artists, from Bruce Springsteen and Earth Wind & Fire to No Doubt, Florence + The Machine and Sugarland. It also featured “Let’s Stay Together” by Al Green, which Obama sang a few weeks earlier at the Apollo Theater in New York.
In other presidential news, Obama also declared his support for same-sex marriage in an interview with ABC News Wednesday.
Which songs do you think are good for political campaigns? Let us know in the comments.
More About: Facebook, Mobile, Music, president obama, spotify, Twitter, U.S. presidential election
Facebook Launches App Center, Lets You Sell Apps
Facebook just got a little bit more like Apple and Google.
The company announced on Wednesday that it is building its own app center. It will also enable paid Facebook apps for the first time.
Users currently search for apps on Facebook using the same search bar they use to find people, groups and events. In the coming weeks, they’ll be able to search from a dashboard that looks much like Apple’s App Store or Google Play — complete with details and ratings for each app.
Facebook will build access to the center into its web product, as well as its iOS and Android apps.
Though the new app hub looks similar to its Apple and Google counterparts, it will work very differently. Since many “Facebook apps” are actually iOS or Android apps with Facebook integrations, it will refer users to other app stores to download them.
“The App Center is designed to grow mobile apps that use Facebook – whether they’re on iOS, Android or the mobile web,” explained Facebook engineer Aaron Brady in a blog post.
To reach Facebook’s more than 900 million users through its app store, developers need to use Facebook Login in their apps. That’s a pretty big incentive to use Facebook Login.
Facebook also introduced paid apps on Facebook.com Wednesday. Facebook apps such as Zynga games have been free up until this point. In Zynga’s case, this hasn’t stopped it from raking in revenue from in-app purchases and advertisers.
But paid apps will offer a new opportunity for Facebook developers to monetize — and for Facebook to collect a 30% cut of their transactions.
Would you pay for Facebook apps? Will a store set-up be useful? Let us know in the comments.
More About: app center, apps, Facebook
May 06 2012
May 05 2012
Angry Birds Fans Can Now Play on Facebook Timeline
If you thought your productivity was low because of all the time spent on Facebook Timeline, it’s only about to get worse for Angry Birds fans.
Rovio announced on its official blog that popular mobile game Angry Birds can now be embedded and played on Facebook Timeline through Share & Play.
SEE ALSO: Facebook Timeline for Brands: The Complete GuideNow, users can fling scowling birds at green pigs directly on the Facebook Timeline, then challenge friends to beat their high scores.
Players can also embed the game on blogs and webpages, including Tumblr and WordPress. The HTML-code will keep track of high scores without any game downloads. Watch the video above to see how to bring the game to your favorite online spot.
Will you download Angry Birds on your blog or Facebook Timeline? Tell us in the comments if you think sharable Angry Birds is a good idea.
Image courtesy of iStockphoto/Graffizone
More About: angry birds, Facebook, rovio
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Facebook Acquires Location-Based Service Glancee
Facebook has scooped up another startup in its path toward mobile dominance. This time, it’s Glancee, an ambient location-based service that competes with Highlight.
From Glancee’s home page:
“We started Glancee in 2010 with the goal of bringing together the best of your physical and digital worlds. We wanted to make it easy to discover the hidden connections around you, and to meet interesting people. Since then Glancee has connected thousands of people, empowering serendipity and pioneering social discovery.
“We are therefore very excited to announce that Facebook has acquired Glancee and that we have joined the team in Menlo Park to build great products for over 900 million Facebook users. We’ve had such a blast connecting people through Glancee, and we truly thank our users for being a part of the Glancee community.”
Less than a month ago, Facebook acquired the mobile-based photo-sharing app Instagram for $1 billion, and the world’s largest social network has expressed its sights are set on mobile.
Glancee fits the bill. It was one of the hot passive location startups at SXSW this year, along with Highlight and Sonar.
Facebook’s just weeks away from an initial public offering. The company announced its shares would be priced at $28 to $35, putting the company at a valuation of $85 billion and $95 billion. Facebook did not disclose the terms of the Glancee acquisition.
How do you think Glancee’s service might change Facebook on mobile? Push notifications when you’re near friends? Would you like Facebook to be able to do that? Tell us in the comments.
What Is an IPO?
What exactly is an IPO? What are the risks to a company in going public? What are the legal requirements?
If you find the business terms and market lingo confusing, check out our explainer video, which breaks down an IPO in plain language.
For more details on how Facebook got to its IPO, check out the slideshow below.
2004: First Offers Turned Down

Facebook launches with humble beginnings that most people have seen dramatized in The Social Network by now. It was a small social site backed by only a little money, and limited just to the undergrads at Harvard. Right out of the gate, Facebook turned down offers from an unknown investor and Friendster, each offering $10 million. This was, of course, when the company was still called TheFacebook.
Image courtesy of Flickr.
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Thumbnail image courtesy iStock Photo, youngvet
More About: Facebook, Glancee, Highlight, trending
How American Express Found Its Social Media Groove
American Express went from virtually zero social media presence in 2009 to being hailed by Advertising Age as the “real winner” at South By Southwest this year.
How did AmEx do it? Leslie Berland, SVP of digital partnerships and development at the company, attempted to retrace the brand’s steps during a talk at Mashable Connect, and then dispensed a few social media tips on Friday.
Berland highlighted two major inflection points in AmEx’s social media marketing history: its introduction of Small Business Saturday and its promotion of Sync at SXSW. The former started with a “lofty goal,” which was to “start a movement,” Berland said.
Launched in 2010, Small Business Saturday was designed as a response of sorts to Black Friday, which comes the day before. The idea is to motivate consumers already in shopping mode to spend their cash at their local mom and pops. Berland says her aha moment with the program was realizing that it was a great fit on Facebook, where the SBS Page drew 1 million fans in three weeks. (It now has 2.8 million fans.)
That’s a respectable showing considering the brand only began focusing on social media in 2009, when it set up AmEx’s first Twitter account. Berland recalls that it took three weeks to come up with the account’s first tweet. No wonder she likens getting a large brand on social media to giving birth.
Berland’s coup de grace was this year’s SXSW promotion for AmEx Sync‘s Twitter tie-in, which appears to have captured the hearts and minds of much of the event’s attendees.
The effort, which introduced a program that offers cardmembers discounts for tweeting advertised hashtags, began before SXSWers even arrived. Berland secured 30 minutes of free Wi-Fi from GoGo to 80% to 90% of the flights to Austin, Texas, that included a plug for Sync. Then, once in Austin, AmEx offered 700 tickets to its Jay-Z concert. The concert became a major draw at the show, an outcome that reflects Jay-Z’s popularity as well as AmEx’s exacting standards as an entertainment partner. As Berland recalls, there was a long list of potential concert draws, but the brand was seeking someone who was both hip with the local crowd and popular nationally. (Justin Bieber was among those who didn’t make the cut.)
Though Berland’s talk included some trite advice (“Think like a startup”), she was more candid in her Q&A with the audience. When one attendee challenged her about her statement that “90% of our strategy is defined by the things we don’t do,” Berland said she meant, for instance, that it’s wise to resist the pressure to embrace all formats. “What I’m often challenged with often is a lot of ‘I want this, we want that’” she said, referring to internal pressure. However, “It’s not a ‘build it they will come,’ thing.”
Berland also said it doesn’t make sense to back a Facebook campaign with traditional media like print and TV ads. “If you’re running a program on Facebook, buy ads on Facebook.”
Swag Bag

The contents of each bag given to Mashable Connect attendees.
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Mashable Connect Sponsors
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Barnes & Noble College Marketing (BNCM) helps brands thrive on campus. It is a division of Barnes & Noble College Booksellers, LLC., a wholly-owned subsidiary of Barnes & Noble, Inc. that operates more than 640 college bookstores across the country, serving more than 4.7 million students and faculty members. BNCM has the on-campus access and student understanding to deliver superior marketing programs for its brand partners. BNCM’s capabilities include: experiential and event marketing; product sampling, sweepstakes and promotions; digital marketing (social, email, web); on-campus advertising and postering; and programs targeting freshmen, graduates, alumni and athletic event fans. Visit www.bncollegemarketing.com.
Hiscox specializes in tailored insurance coverage for a range of professional services firms in industries like IT, marketing, consulting and more. Hiscox Insurance Company Inc. has been protecting clients for over 100 years and is rated ‘A’ (Excellent) for financial strength by A.M. Best.
We offer professional liability insurance, general liability insurance and other policies direct, either online or over the phone, with customized coverage starting from just $22.50/month.
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Webtrends powers digital marketing success. Webtrends is at the forefront of real-time digital marketing relevance and customer experience management through unified customer intelligence. Our industry-leading analytics across mobile, social and web enables marketers to optimize campaigns, maximize customer lifetime value and deliver highly relevant digital brand experiences in real-time.
Webtrends dramatically improve digital marketing results for more than 3,500 global brands including, in EMEA and internationally, Lloyds Banking Group, Barclays, HSBC, ASOS, Orange, T-Mobile, Microsoft, BMW, Toyota, Play.com, AllSaints, The Telegraph, and many more.
Definition 6 is a Unified Marketing Agency that creates brand experiences that unite brands and people in motion. Through imagination, innovation and insight, we execute ideas that deliver continued value across all brand interactions. For more information, please visit http://www.definition6.com.
The Adobe Digital Marketing Suite is an integrated set of applications which allow businesses to gather customer insight and optimize advertising, conversion and retention efforts as well as the creation and distribution of content. For example, using the Suite, marketers can identify the most effective marketing strategies and ad placements as well as create relevant, personalized and consistent customer experiences across digital marketing channels, such as onsite, display, e-mail, social, video and mobile. The Suite enables marketers to automatically adjust to customer interactions and better maximize marketing ROI, which leads to a positive impact the bottom line.
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The leading resource for human resource and business leaders to explore and discuss the latest workforce and workplace trends including social innovation—providing the in-depth research and insights needed to adapt and take advantage of what’s next.
More About: american express, Facebook, Marketing, mashable connect
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May 04 2012
Facebook’s Stock Price in Context
Facebook announced its stock price on Thursday with rates between $28 and $35 per share. With a total of 337,415,352 shares set to hit the marketplace, the social network is on track to become the most valuable U.S. Internet company when it goes public.
Where does this pricing fall in the scheme of other Internet and tech companies? How do these shares compare with the capital raised? While Facebook may be the most valuable, its stock price is far from the top of the heap.
SEE ALSO: Facebook IPO: The Complete GuideOur friends at Statista have broken down the share prices in context, along with some data that details which investors stand to see a windfall when Facebook hits the market. Check out the charts below.
More About: Business, Facebook, facebook ipo, infographics, trending
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Facebook IPO Pitch: Can It Win Big Investors? [VIDEO]
Looking ahead toward its much-anticipated IPO later this month, Facebook has produced a 30-minute video pitch to show big-time investors why sinking money into a publicly traded Facebook will be a good idea.
It’s an interesting take on the normal business investment pitch video — instead of a heavy emphasis on dry finance numbers, Facebook plays to the heartstrings.
Soft lighting, multiple interview angles and background music fit for sunrise in a nature show combine to make a clear emotional pitch to potential investors. In one of the video’s opening scenes, founder Mark Zuckerberg hews closely to the classic marketing pitch of telling a story. “I grew up with the Internet,” he says, before adding later: “The thing that seemed like it was missing was actually people.”
The Facebook IPO will reportedly happen May 18. The company announced Thursday it would price shares between $28 and $35 and offer 337,415,352 shares of Class A common stock. Facebook will become the most valuable U.S. Internet company at the time of its IPO, which should value the company at between $85 and $95 billion. The current record is held by Google, which was valued at $23 billion when it went public in 2004. Zuckerberg will make at least $846 million when the company he founded in a Harvard dorm room goes public.
Check out the video above for more of a rundown of Facebook’s big pitch. If you have the inclination and a half-hour to spare, check out Facebook’s full-length video pitch to big investors here. If you want a primer on just what exactly an IPO is and what it means for a company, see the video below.
If you were running a major bank or mutual fund, how heavily would you invest in Facebook? Let us know in the comments.
What Is an IPO?
What exactly is an IPO? What are the risks to a company in going public? What are the legal requirements?
If you find the business terms and market lingo confusing, check out our explainer video, which breaks down an IPO in plain language.
More About: Facebook, facebook ipo, trending
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