Third-party apps like HootSuite just got a little less relevant with an update from Facebook that lets Page admins schedule posts. A new help center page from Facebook also outlines how brand pages can now dole out specific duties to multiple page admins, each with varying degrees of permissions. (via Facebook Finally Lets Page Admins Schedule Posts, Have Different Roles)
Source: Mashable
Cohen take on the Facebook (FB) IPO: “I’ve never in 43 years seen something so bollocksed up.”
(via Morgan Stanley CEO: No apologies on Facebook IPO - May. 31, 2012)
Source: CNN
This Is Why You Were Friended or Unfriended [STUDY]

While some Internet interactions are online-only relationships, the most common reason we add friends on Facebook is because we know people in real life.
According to recent research from NM Incite, for 82% of Facebook users, knowing someone offline is reason to add them on the social network. The next most common reason for adding a friend is having many mutual friends, a practice reported by 60% of users.
The remaining reasons for adding friends include superficial aspects of your Facebook profile such as physical attractiveness and friend count — which is not surprising considering many users make their posts and comments visible to only their Friends. You can see the complete results of the study in the graphic below.
Talent acquisitions: Facebook’s kiss of death

When news of Gowalla’s sale to Facebook came through over the weekend, the site’s future was immediately under scrutiny. It didn’t take long for an answer to come through: while Gowalla co-founder Josh Williams might have prevaricated over the details of the deal, he certainly didn’t mince his words about what would happen next.
“Gowalla as a service will be winding down at the end of January,” he wrote in the announcement. “As we move forward, we hope some of the inspiration behind Gowalla — a fun and beautiful way to share your journey on the go — will live on at Facebook.”
Source: gigaom.com
Workers fired or disciplined for bad-mouthing employers on social-networking sites are fighting back using a decades-old labor law—a new front in the murky battle over what workers can do and say online.
Since the rise of Facebook and Twitter, companies believed they had the right to fire employees who posted complaints or hostile or rude comments online about their employers.
WSJ’s Melanie Trottman reports on the National Labor Relations Act that protects employees in many cases when they criticize their employers in public forums, such as social-networking sites. Photo: Getty Images
But in recent months, workers have sought to solve their very modern employment predicament by using the law that kick-started the U.S. labor movement: the National Labor Relations Act of 1935. The law gives private-sector employees certain rights to complain about pay, safety and other working conditions. It doesn’t protect simple griping.
More than 100 employers, including a saloon, a BMW dealership and Wal-Mart Stores Inc., have been accused by workers over the last 12 months of improper activity related to social-media practices or policies, according to the National Labor Relations Board, a federal agency that enforces the law and decides whether employees’ complaints have merit.
NLRB lawyers in Washington have decided that about half of the complaints they have reviewed thus far have sufficient merit for the agency to intervene, generally in the form of a civil complaint filed against employers on behalf of employees. Complaints are heard by an NLRB judge, who can order a remedy. (via When a Facebook Rant Gets You Fired - WSJ.com)
Source: The Wall Street Journal
Zynga’s initial public offering remains on track to raise $1 billion, but the social games company may not be worth as much as it was hoping for. (via Zynga’s Valuation May Have Fallen Up to 30 Percent Since February - Tricia Duryee - Commerce - AllThingsD)
Source: allthingsd.com
Privacy, the concept of friendship—add one more thing to the list of notions Facebook’s smashed. The old assumption that we’re all connected by six degrees of separation is outdated, Facebook says: now it’s 4.74, across the globe.
Granted, the new law applies only to the social network itself, not the entire planet’s population. But Facebook’s 721 million active users—the most detailed number we’ve seen to date, by the way—covers 10% of the species. (via Facebook Says Literally Everyone Is Only 4.74 Degrees Away)
Source: Gizmodo
Google Search, Timelines for Facebook, Dominos Pizza Hero, Martha Stewart Cocktails (via Google Search, Timelines for Facebook, Dominos Pizza Hero, Martha Stewart Cocktails)
Source: Gizmodo
Today Facebook finalized a settlement with the Federal Trade Commission over charges that it acted in a deceptive manner when changing privacy settings. Now all Facebook privacy settings will be opt-in. The settlement also requires Facebook to obtain “express affirmative consent” if and when it makes “material retroactive changes.” Facebook will also have to submit to independent privacy audits for the next 20 years. (via Facebook To Make Privacy Settings Opt-In, Not Opt-Out)
Source: readwriteweb.com






