valleywag.gawker.com - 2/16/2009
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At the moment when most social networks flatline, Facebook is taking off. But for Mark Zuckerberg, 175 million users are just the beginning of his headaches. Money, spam, and crime are spoiling his online utopia. The first and most pressing reality: Money. It is impressive that Facebook ...
consumerist.com - 2/15/2009
blog.facebook.com - 2/16/2009
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blog.facebook.com —
A couple of weeks ago, we updated our
terms of use to clarify a few points for
our users. A number of people have raised questions about our changes, so I'd like to address those here. I'll also take the opportunity to explain how we think about ...
(more)
On Facebook, People Own and Control Their Information
facebook.com - 2/18/2009
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facebook.com —
NOW OVER 50,000 STRONG!!! As per Facebook's request,
the following was submitted to Facebook Spokesperson Barry Schnitt
after the story broke Monday morning concerning Facebook’s most recent changes to its Terms of Service, and the resulting user ...
(more)
People Against the new Terms of Service (TOS)
Comments
Blog Reactions
Could Facebook spend its way into oblivion
The Inquisitr » Technology —
... As Owen Thomas points out in a post all these new members means that Facebook should be spending close to $5 million per week on servers and other computing infrastructure. Additionally from what can be gleaned from the company’s financials Facebook isn’t even covering the cost of its operations let alone being able to make enough profit to pay for its capital investments. ...
Facebook Gets the Fortune Cover Curse
Gawker: valleywag —
... So what does that mean for Facebook? In this case, "superior performance" means losing money on an estimated $280 million in revenue last year — and facing more problems as the site grows. ...
Facebook's Get-Rich-Quick Scheme
Gawker: valleywag —
... Why would Facebook allow online scams to run on its site? The reason is obvious: It is losing money with every user it adds. Zuckerberg's creation constantly needs more servers to accommodate its growth, and revenues are not keeping pace. ...
Facebook's Get-Rich-Quick Scheme
Valleywag —
... Why would Facebook allow online scams to run on its site? The reason is obvious: It is losing money with every user it adds. Zuckerberg's creation constantly needs more servers to accommodate its growth, and revenues are not keeping pace. ...
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