Thursday 27 September 2012

Weekly research



Summary

A teenager was stabbed to death on September 9th after a party advertised on Facebook spiralled out of control. Jay Whiston, studying A-levels at Frinton Technical College, died from a single stab wound to his heart after he attended a party being held by a 15-year-old schoolgirl in an upmarket neighbourhood in Colchester, Essex. More than 300 of Jay’s friends and his family attended his funeral on 27th Sept where Jay has been buried in a Cookie Monster coffin. The coffin was adorned with images of the Sesame Street character, the Cookie Monster, who was a favourite of Jay’s when he was growing up. The event was leaked on Facebook leading up to 100 gatecrashers. Although, it is still not clear what triggered the killing, Police have released five teenagers on bail on suspicion of murder. Alhough police have looked into the possibility that Jay stepped in to help a friend who was being picked on. 


Opinion

This is a perfect example of how social networking sites can have a negative influence on society. If it wasn’t for facebook 17 year old, Jay Whiston, may still be alive. Social networking over the years has been a key institution is the spreading of word, a similar scenario on a larger scale would be the recent London riots.

Tuesday 25 September 2012

Facebook Research

SHAREHOLDERS 

Mark Zuckerberg – 28.4% – $28.4 Billion

Jim Breyer & Accel Partners – 11.4% – $11.4 Billion

Dustin Moskovitz – 7.6% – $7.6 Billion

Yuri Milner & Digital Sky Technologies – 5.4% – $5.4 Billion

Eduardo Saverin – 5% – $5 Billion

Sean Parker – 4% – $4 Billion (Napster, the peer2peer file sharing program).

Peter Thiel – 2.5% – $2.5 Billion (PayPal, which he sold for $1.5B in 2002).

Microsoft - 1.3% – $1.3 Billion

Chris Hughes – 1% – $1 Billion

Li Ka-shing – 0.8% – $800 Million

 

Revenue: $3.71 billion (2011)

Value of company (estimate): $100 billion

5 Facts

In 2011, Zynga, the owner of social games such as FarmVille, was responsible for roughly 12% of Facebook’s earnings.

Facebook is now a publicly traded company. A $38 price tag valued the world’s most popular social network at $104 billion. With 421 million shares on sale, the Initial Public Offering (IPO) was expected to raise up to $18 billion.

Facebook is a social networking service launched in February 2004, owned and operated by Facebook, Inc. Facebook was founded by Mark Zuckerberg with his college roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.

93% of adult US internet users are on facebook. About 152 million.

More than 60% men and women have used facebook to stalk their ex! Because you cannot be caught that you are following and you will not be suffering any humiliation.

Al Pacino’s Face Was on the Original Facebook Homepage (as seen in the image below). 

Quotes

"A lot of people are living their lives online in much more public ways with Facebook and Twitter." 

Dan Savage


"The thing that we are trying to do at facebook, is just help people connect and communicate more efficiently."

Mark Zuckerberg


"I am not a fan of Facebook or Twitter. They both allow too much information to be available and they make privacy a thing of the past."

Kirsty Gallacher




Facebook corporative home page 


About Facebook

Founded in 2004, Facebook’s mission is to make the world more open and connected. People use Facebook to stay connected with friends and family, to discover what’s going on in the world, and to share and express what matters to them. 

Employees

3,976 employees at the end of June 2012. 

Statistics

955 million monthly active users at the end of June 2012.
Approximately 81% of our monthly active users are outside the U.S. and Canada.
552 million daily active users on average in June 2012.
543 million monthly active users who used Facebook mobile products in June 2012.

Offices

U.S. offices include: Atlanta; Austin; Detroit; Chicago; Dallas; Los Angeles; Miami; New York; Seattle; Washington, DC; Prineville, Oregon.
International offices include : Amsterdam; Auckland; Brussels; Dublin; Hamburg; Hong Kong; Hyderabad; London; Madrid; Milan; Paris; Selangor; Sao Paulo; Singapore; Stockholm; Sydney; Tokyo; Toronto.


Social impact

Facebook has affected the social life and activity of people in various ways. With its availability on many mobile devices, Facebook allows users to continuously stay in touch with friends, relatives and other acquaintances wherever they are in the world, as long as there is access to the Internet. It can also unite people with common interests and/or beliefs through groups and other pages, and has been known to reunite lost family members and friends because of the widespread reach of its network.

An example of this would be the reunion between John Watson and his daughter who he had been searching for 20 years and met after John found her FB profile. 

Some argue that Facebook is beneficial to one's social life because they can continuously stay in contact with their friends and relatives, while others say that it can cause increased antisocial tendencies because people are not directly communicating with each other. Some studies have named Facebook as a source of problems in relationships. 

Media impact

In April 2011, Facebook launched a new portal for marketers and creative agencies to help them develop brand promotions on Facebook. The company began its push by inviting a select group of British advertising leaders to meet Facebook's top executives in February 2010.