...Facebook Facebook started off as a Private Limited Company (LTD). This means that the public are not able to buy shares into a company. In early 2012 Facebook decided to turn itself in to a Public Limited Company (PLC), a PLC is when the public is able to buy shares into a business. Facebook is a social media website and it was launched in February 2004. It was founded by college students from Harvard University; the founder was Mark Zuckerberg and some of his roommates. A benefit of being LTD is that they are not able to lose control of their company. However this means that they have to rely on their own money to invest into the business or they will have to get capital investment. A disadvantage of a LTD is that the shares which are sold to friends can’t be sold or transacted to another person. After being a LTD for almost a decade Facebook decided to change to a PLC. A benefit of this is that the business can be funded by the public, also this means that other people own the business. However a disadvantage of this is that it means that Mark Zuckerberg could lose the whole business if someone buys more than 50% of the shares, this means they will have total control. Facebook started off as being a Private company as because it meant that they couldn’t lose control of their business. Also they used this to get through the ‘survival’ stage of a business; this was when they were progressing from Facemash to Thefacebook.com to then what we know it as Facebook. AS it was...
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...Social Media: Information Technology Abstract Social Media websites such as Facebook, Twitter, are universally known and present in parts of the world in today’s society. Social media have become such a part of many people daily activities that most couldn’t image living without it. It has brought many benefits to us, but also some pitfalls. Facebook monitors how third parties use your personal data, however, they also state they cannot guarantee “that third parties will follow Facebook’s privacy policy, if you don’t want your privacy violated, then you probably want to reconsider joining Facebook or other social networks. The definition of “privacy” is subjective, however, things like personal information such as name, living and working locations, job, career, education, income, relationship status, contact information, and bank information should be safeguarded at all costs to prevent things like stalking, identity theft, fraud, and other attempts to undermine a person’s life. It’s not all bad, Facebook has reunited family’s, long lost friends, and is helping police officers catch the bad guys, however, like anything, too much can be bad for you. More recently social media has been known as the tool that facilitated many uprising in Middle Eastern countries. It helped kick start a revolution known as the Arab Spring. Facebook was used to schedule activities such as gatherings to protest, Twitter was used to coordinate an array of events at a moment’s notice...
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...The Value of Digital Privacy in an Information Technology Age A weekend getaway in Vegas…$400, dinner at a fine restaurant…$200, digital privacy in the information technology age…PRICELESS. No value can be put on the importance of digital privacy in today’s world of the Internet. There are numerous technologies that allow individuals to research citizens’ private data. Websites such as Facebook, Intelius, and Spokeo allow for easy access to individuals’ personal information. Technologies That Allow Research of Private Data For today’s generation, Facebook has become as conventional as the telephone. You will not find many people functioning in today’s technological environment without a Facebook page. With so many people using the website, it has become a prime source in gathering personal data about individuals. So many users post personal information about where they work, what schools they attend, what vacations they’ve taken, the names/ages of theirs kids, and much more. And, of course, there are usually pictures to go along with all of the unsolicited information that’s posted. Social networking sites usually allow their users to join and host their information for free. These companies sometimes make their money by helping marketers to target advertising campaigns--a service for which advertisers pay tremendously. This creates profit for social networking companies as they provide a free service to users (Petryni, 2013). Intelius is one example of a people search...
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...People have been known to say that Facebook is a medium with which you can connect with people that you went to school with and Twitter is a medium with which you can connect with people you wished you had gone to school with. While Facebook is a multi-purpose social networking platform, allowing users to chat, post photos and notes, and play games, Twitter is built around the posting of short 140 character messages, or “tweets.” Currently facebook and twitter are two of the most popular social networks in the world. This essay compares and contrasts the history, growth in user base, strengths and weaknesses of the social media giants facebook and twitter. Facebook was launched by Mark Zuckerberg, along with his college roommates, in February 2005. It was initially only intended for Harvard students, but eventually expanded to include students at other Boston colleges, Ivy League universities, and Stanford. The site gradually added support for other universities, before also becoming available to high school students. In September 2006, it became available to any users over 13. On May 17th 2012, the company went public. It was valued at $104 billion. Facebook’s user base is still growing rapidly. Facebook is used by members for a variety of purposes. It is mainly used by individuals who wish to stay connected with, or reconnect with, people that they know offline. As well as maintaining a personal profile and posting messages on their “wall,” users can upload photo albums and...
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...and growing concern in every country around the world. Modern computing technologies and the Internet have generated the capacity to collect, manipulate, and share massive quantities of data. In this paper, I will be discussing the advantages and disadvantages of public access to citizens’ private data and other topics on the value of digital privacy. 1. List and describe at least three (3) technologies that allow an individual to research citizens’ private data. Facebook is the largest online social network provider in the United States. Facebook is one of the most-visited Web site in the world with more than 350 million users who provide a lot of personal information such as details about their lives, friendships, interests and activities. Facebook is free and you can connect to anyone in the world. You can share your feelings, be a member of any group, events. You can chat with friends, promote your business. Facebook has some disadvantages such as: privacy – privacy settings is very simplified, people give personal information in video, pictures or text; addiction – people waste most valuable time, what causes many problems; fake profile and ID – usually used to insults or harass someone. If you use Facebook in the right proportions and with proper care, it can be a powerful tool for marketing and networking for online and offline business. Global Positioning System (GPS) location information is a part of either a navigation system or a driver aid system. GPS first was...
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...Social, Mobile and Converged: Our Very Public Lives Social Media is not only trending world wide, but is fast becoming the main marketing channel for most businesses as well as having over 1.11 billion users on its most popular social media website, Facebook (Associated Press, 2013). Our private lives are becoming much more public now that everything we do and say is being documented or video taped, and posted online. Users document their lives day by day through blogs, tweets, and Facebook statuses, informing all their friends, followers, viewers and potential predators about their private life. Converging both private and public identities in individuals and corporations must be done very carefully and well thought out, as it is important to maintain a positive online persona. There are multiple precautions to take so that one can fully practice these technologies to their benefit. Though the Internet is seen as a great, and expanding network of opportunities for the future, it could be ones’ worst nightmare. Social Media users do not realize the risk of converging their private lives with their public lives via social media networks. Many individuals have lost their jobs over pointless photos and tweets uploaded to their profiles. In August 2009, Ashley Payne, a teacher at Apalachee High School in Barrow County, Georgia, was asked to resign from her job because of photographs and statuses she posted onto her Facebook account (Warren, 2011). “They showed her drinking...
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... the Dynamics of the Internet and Society” on September 22, 2011. Social Privacy in Networked Publics: Teens’ Attitudes, Practices, and Strategies danah boyd and Alice Marwick Microsoft Research dmb@microsoft.com and amarwick@microsoft.com Waffles, 17, NC1: Every teenager wants privacy. Every single last one of them, whether they tell you or not, wants privacy. Just because an adult thinks they know the person doesn’t mean they know the person. And just because teenagers use internet sites to connect to other people doesn’t mean they don’t care about their privacy. We don’t tell everybody every single thing about our lives. We tell them general information - names, places, what we like to do - but that’s general knowledge. That’s not something you like to keep private-- “Oh, I play games. I better not tell anybody about that.” I mean-- that’s not something that we...
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...Popular IPOs and Behavioural Finance 1 a) The IPO of Facebook Executive Summary This report examines and evaluates any observable behavioural finance phenomena during the recent Facebook Initial Public Offering. It starts by looking into Facebook’s background and what led up to the decision of turning the company public. It gives a brief explanation on the reasoning behind the decision and outlines the company’s main aims and focuses. It then gets into a few behavioural finance theories which help to explain the reasoning and decision-making process of investors purchasing Facebook stocks. Due to the very high anticipation of Facebook’s IPO and the company’s overall popularity, many investors may be over-confident or overestimate Facebook’s stock performance in the future. This may be damaging towards investors. However it is then concluded, that even though many investors decisions to purchase Facebook stocks may not be completely rational, they may still turn out to be beneficial for the investor. Introduction An IPO or Initial Public Offering, which can also be called Stock Market Launch, can be defined as a private company’s first sale of stock to the public. It is through this process that a private company is transformed into a public company. One of the most common reasons for going public is to raise expansion capital, which is to be used for the company’s growth. Behavioural Finance can be defined as a field of finance, which seeks to provide explanations as...
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...has begun to dissipate, but it is possible that it will crash and burn at the beginning just like Facebook. Twitter decided to take advantage of the confidentiality provision within the JOBS Act that allows companies to “limit transparency” by keeping company financial information private up until three weeks before the company promotes its offering. However, the only companies who can use this provision are those that have annual revenue less than $1 billion. This gives us a little insight into how well Twitter is doing financially (Sommer, 2013). The confidentiality provision in the JOBS Act was intended for entrepreneurial firms who want to avoid too much attention and “prying eyes that might deter them from going public and growing to maturity”, said Kate Mitchell, a former chairwoman of the private I.P.O. Task Force. When asked about why the limit was set at $1 billion she stated, “We did that because we wanted I.P.O.’s to succeed. Had the limit been lower, it might have given smaller companies an incentive to rush to take advantage of it too soon, before their revenues had grown and, maybe, without a business plan that worked” (Sommer, 2013). Most companies are using this new provision because they can begin the process without letting competing companies know. They can also discuss problems privately with the S.E.C. and have the option of going back on their plan to go public without bad publicity. Twitter, with an estimated 2,000 employees, is a prime example of how...
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...Facebook & Yelp: A Platform for Redemption Blake Brown Arizona University Facebook & Yelp: A Platform for Redemption Introduction In 2004, private-equity firm Elevation Partners launched amid the fanfare of having U2’s Bono as a co-owner and a $1.9 billion investment fund. Bad bets on companies coupled with the high turnovers between some of the firm’s initial six founders, left Elevation Partners in a far too precarious of a state for their investors. Elevation initially promised their investors they would have their money back after ten years along with annual returns starting at 8%. 2010 saw the firm only able to return $8 million in profits to investors, but 2012 is an entirely different story. Elevation is hoping that investments in Facebook and Yelp will make their investors forget about the several missteps they have endured along the way. Analysis Backed by technology-industry veterans and the front man of the world’s most successful rock group, Elevate is in the process of raising $1 billion for a new investment fund. Attempting to rise from the ashes after investments in Palm Smartphones, Forbes Media LLC, and other companies left Elevation’s investor’s pockets far less deep then they had been promised. Despite rival private-equity funds questioning the stability of the management of the two funds, Elevation’s luck seems to be changing. Their lottery tickets of sorts lies in the performance of two social media titans, Facebook and Yelp. After...
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...generation as well as adult are becoming keen in internet. They use it everyday in communicating with their friends and relatives, researching for their assignments, projects, and report, playing games, and downloading music. It is a way to enjoy everyone who is looking for stress free recreational activities. Social networking sites is one the factors that influences the high school students academic performance. Website is a collection of related web page which contains images and videos. Like some Social Networking namely; facebook, twitter, tumblr, myspace, et.al. Facebook is the most popular Social networking sites which is active 24 hours. There are more than 800 million facebook active users. Philippines is in the 6th place in the usage of the site which is more than ½ of our population is active using facebook. Facebook is very entertaining social networking site because of games, chatbox (like yahoo messenger), and many more. Some students are addicted facebook users because it is influencial to the mind and user friendly. There are some advantage and disadvantages in using social networking sites. If you will sign up to log in a certain site they have a requirement that you be 18-above. Because young children have innocent mind and they don’t have much broad mind to think what will happen if they use it they must be guarded. Background of the Study As a concern student you must know what is happening to their surroundings especially in the school who is involve in...
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...Mattos, Bibianna Cha, Christina Seong, Parinaz Ejlali, and Sara Degruttola for their assistance with earlier versions of this study. Please address correspondence to David C. Evans Ph.D. at david@psychster.com . Evans et al., “Facebook Segmentation,” 37 EXECUTIVE SUMMARY Understanding the different types of Facebook users is the first step to effectively communicating with them and providing appropriate features. Psychographic segmentation is a statistical procedure that first identifies the fundamental value-propositions or “hooks” of a technology, and then derives the user types who respond similarly to those hooks. Partnering with Psychster Inc., students in the University of Washington Master of Communication program in Digital Media (MCDM) applied this method to 236 Facebook users who rated the importance of 90 value-propositions via an online survey. The 6 user types that were found can be remembered by the acronym FBSIGN: 1. 2. 3. 4. 5. 6. Fans join interest groups based on politics, art, and music, and they often link their Facebook account to other websites. Branders prefer public to private networking, and they often use Facebook as a tool for business, building a personal brand, or accumulating social capital. Social-Searchers employ Facebook to learn about news, media, and entertainment, but they show little interest in apps and games....
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...Facebook study p1 Facebook Study Case Elene Toussaint MAN 200.002 Prof. Best May 23, 2013 Facebook study p2 Facebook is the first largest social network on the web. Primarily focused on high school to college students and you can find friends/family members. Facebook has been gaining market share, and more significantly a supportive user base. Since their launch in February 2004 by Mark Zuckerberg Facebook is worth 141 billion with 1 billion of users. According to Floating Facebook “The value of friendship Facebook is likely to become a gargantuan company. That will bring risks as well as rewards” Feb 4th 2012, SAN FRANCISCO, started for Pre- Initial public offering (IPO) “Facebook has techies and venture capitalists been so aflutter”. In addition, the agreed settlement was for 1.2m shares which were worth $300m at Facebook's IPO in 2004. The company structure at IPO is CEO has a voting percentage of 57.9% of the board election which is simple to vote majority and rules of a controlled company. The ownership of Facebook is the Chief Executive Officer (CEO) Mark Zuckerberg and he owns 28.4% of Facebook. Facebook funding before IPO became into the photo which had millions of users, Friendster attempted to acquire the company for $10 million in mid 2004. However, Facebook turned down the offer and subsequently received $12.7 million in funding from Accel Partners. Sean Parker provided the introduction to their first investor, Peter Thiel, cofounder...
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...Facebook announced its $5 billion IPO late Wednesday afternoon. But what is all the hype about? What is an IPO, how does it work, and will a publicly traded Facebook affect how we use the social network on a daily basis? Here's a quick guide. WHAT EXACTLY IS AN IPO? When a privately owned company makes an Initial Public Offering, it means they're moving to be publicly traded on the stock market for the first time. That means that anyone can buy stock in the company and own a portion of it. Ads By Google Online Trading Plus500®: APPL, Ebay, HP Commodities, No Fees! www.Plus500.no Bilforsikring -Sjekk pris Nemi Bilforsikring testvinner i VG. Sjekk din pris på bilforsikring her neminordvest.no/bilforsikring UK Fixed Income Aberdeen Managed UK Fixed Income Assets. Learn More. Aberdeen-Asset.NO Going public can help a company raise significant capital if a lot of people want to buy its stock. It also means that the company has to publicly disclose details about its finances, like its earnings, that it previously kept private. WHO DECIDES THE VALUE OF AN IPO? An investment bank determines how much money the company can expect to make on the stock market based on a number of factors, from the health of the economy to how popular the company's product is expected to be in the future. The initial valuation is always a bit of a gamble, since the stock has never been traded publicly before, and analysts can't look at past behavior to figure out how it should be...
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...Impact of Social Media on the Financial Services Industry: In today’s age everyone is well aware of the significant impact that social media has had on our lives in the way we communicate, socialise, conduct business and view the world. This case study however, will attempt to narrow the scope of this theme, by looking specifically at the way in which social media has influenced the financial services industry. The evolution of social media has facilitated a change in the nature of the relationship between institutions and consumers within the financial services sector. Not all of these changes have, however, had a positive effect on financial institutions. Media convergence and the growth of user-generated content has blurred the lines between different platforms of media, and the distinction between producers and consumers (Australian Communications and Media Authority, 2011). Social media outlets such as YouTube provide a platform for individual users to become producers by distributing content that can be viewed anywhere in the world. As a result, anyone with an internet connection has access to more knowledge and information than any time previously in history. This has impacted the financial services sector as non-mainstream media platforms are increasing awareness of the risky and often corrupt practises of financial institutions, particularly within the banking industry. For example, Peter Schiff, an American stockbroker and CEO of Euro Pacific Capital, has used...
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