Browsing: Facebook

Eric Edelstein
Failbook: how not to harness social media

“Social is not just a bolt-on marketing channel. It will have true business-wide impact,” says to Accenture’s Tech Vision Report for 2012. The impact is already there to see: In the US, Facebook has become the dominant tool for communication to such an extent that universities have

News
FNB takes ‘banking’ to Facebook

First National Bank customers who are registered for the bank’s cellphone banking service can now check their balances and purchase airtime along with SMS, data and BlackBerry bundles using social media website Facebook. The service does not allow for payments to

Howard Rybko
Africa fumbles in Internet land grab

In mid-June 2012, when the big Internet players revealed their cards in the highest stakes game in Web history, the best Africa could come up with was four predictable geographic generic top-level domains, namely .joburg, .durban, .capetown and .africa. There were also a few applications from our pals over at

World
Instagram rival PicPlz shutting up shop

PicPlz, a competitor to photo-sharing service Instagram, has told users it will be shutting down its service at the beginning of next month and deleting all images off its servers. Users can download their images before 3 July. In a post on its website, PicPlz says a decision has been taken “to move on

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Why Opera would make sense for Facebook

Amid rumours that Facebook is considering building its own smartphone and is looking to acquire facial recognition service face.com comes another and arguably more sensible bit of speculation. Facebook is said to be looking to acquire Opera Software in

World
Facebook tanks in second day of trade

Shares in Facebook fell sharply shortly after markets opened in the US on Monday, falling by more than 13%, below Friday’s listing price of $38/share, as investors fretted about the company’s ability to grow as quickly as the high listing valuation demands. The share, which seesawed in its first day

World
Facebook mints new billionaires

On Friday, social network Facebook will list on Wall Street in the third largest initial public offering (IPO) in US history and the largest in the technology sector. The initial share price is set at US$38 and, with 421m shares being listed, the move will make

World
Apple working on Instagram equivalent?

Apple is set to release a major update to its cloud service, iCloud, that will include new features for sharing images and may be positioned to compete with Instagram, the social photography service that was recently acquired by Facebook for US$1bn in cash

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Facebook mobilising for IPO

Facebook knows one of the biggest challenges it faces is monetising its mobile platforms and so it’s gradually overhauling them to do just that. When it originally filed its S-1 documents ahead of its listing on the stock market, Facebook conceded that its inability

World
Facebook edges closer to 1bn active users

Facebook’s amended US Securities & Exchange Commission documents filed on Monday revealed the social network is bigger than ever — 901m monthly active users, to be exact. At this rate of acceleration (there were 845m active users just a couple weeks ago), Facebook will have 1bn monthly active users strong before you know it

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