Facebook buys mobile ad firm

At the Inside Social Apps conference, Facebook CTO Bret Taylor said that moving forward, mobile will be the company’s “primary focus.” And apparently, it’s not just lip service. Facebook confirmed recently that they purchased the mobile ad firm Rel8tion for its first mobile ad effort. “Mobile is inherently social,” Taylor Read more…

Relax, Facebook not shutting down

So there are several big stories floating around regarding Facebook right now. We posted recently on Facebook’s possible IPO in 2012. That wouldn’t seem to dovetail with the other big rumor making the rounds right now: That Facebook is shutting down on March 15th. According to this rumor, Facebook is Read more…

Facebook going public in 2012?

According to multiple news reports, Facebook could be looking to go public as soon as 2012. They are either going to hold an IPO, or begin disclosing their financial results. Goldman Sachs is in the process of distributing deal information to wealthy clients who might be interested in becoming part Read more…

MySpace introduces Facebook Mashup

In what some are referring to the end to the battle for dominance in the social media war, MySpace has introduced Facebook Mashup. Basically, MySpace will use information in your Facebook profile to stream content updates through Facebook Connect. “Sharing entertainment and music interests is part of many of our Read more…