May 23, 2012
The Sorry Six-Day History of Facebook, Inc: A Glitch, a Snitch, and a Tumble

It wasn’t bad enough for Facebook to see its stock cascade by 18% — or seven points — since its delayed and disappointing Friday IPO. No, the real story lurks behind the numbers: the disastrous performance of the overwhelmed stock exchange and new rumors that Facebook might have broken the law before its first minute as a public company by leaking exclusive news about its earnings to large banks, who then went ahead and told big investors to sell Facebook at the opening.
Read more. [Image: Reuters]

The Sorry Six-Day History of Facebook, Inc: A Glitch, a Snitch, and a Tumble

It wasn’t bad enough for Facebook to see its stock cascade by 18%  or seven points  since its delayed and disappointing Friday IPO. No, the real story lurks behind the numbers: the disastrous performance of the overwhelmed stock exchange and new rumors that Facebook might have broken the law before its first minute as a public company by leaking exclusive news about its earnings to large banks, who then went ahead and told big investors to sell Facebook at the opening.

Read more. [Image: Reuters]

May 18, 2012
The greatest humblebrag of all time.

The greatest humblebrag of all time.

April 9, 2012
What Mark Zuckerberg Could’ve Bought With $1 Billion
Instagram 
The entire New York Times, says Reuters’ Jack Shafer
The ability to buy out New York Times CEO Janet Robinson 42 times
800 of AOL’s Microsoft’s patents
Roughly 1,250 GSA West Coast Conferences
Shell’s Debt on Iranian Oil
The cure for Lou Gehrig’s disease
Solo Cups (the company) 
The amount BP has pledged toward Gulf Restoration
A better 911 program in New York City
Soccer team Real Madrid’s Island in the UAE
The winnings of every Powerball jackpot in 2007
45% of a B-2 Bomber
68 Lebron Jameses , 40 Kobe Bryants, and 83 Albert Pujolses
All of J.Lo’s love (it’s gratis!)

What Mark Zuckerberg Could’ve Bought With $1 Billion

April 9, 2012
Facebook’s Suprisingly Humble, $1 Billion Acquisition of Instagram

If you’re a Facebook user, you should be ecstatic. One assumes that Instagram’s vaunted photo filters, which make everything look a little cooler, will make their way into Facebook’s photo tools and mobile app. 
If you’re an Instagram user, you may be wary. First, Instagram is a relatively closed network that operates very differently from Facebook. Sure, you can link it to Tumblr or Facebook or Twitter to publicly post photos, but you can also keep Instagram photos  off the open web. That closedness allows me to post more intimate looks into my life than I might feel comfortable with on other platforms. Second, any time one big company acquires a smaller one, it’s natural to worry that Facebook would absorb the Instagram tools and then shut the actual service down. 
But, based on Zuckerberg’s post, I don’t think Instagrammers have to worry. At least not yet. His note about the acquisition is shockingly humble and seems designed to assure users that Facebook is not plotting to close down Instagram. […]

I’m going to float an idea about why Zuckerberg strikes, what seems to me, the perfect tone. I think Facebook and Zuckerberg really do “get social.” I bet he understands that social networks have to develop organically and that the actual software itself is a tiny piece of the overall social network proposition. What really makes Instagram (and Facebook) work is the time that people have invested tuning their connections based on what they do on these services. To ram a social network that users built doing one thing into a different social network built just doesn’t work. 
It’s smarter, in other words, to figure out why Instagram’s users built their networks on the service rather than try to dump those users into Facebook.
All that means is that Zuckerberg appears to be coming to the Instagram acquisition not as conqueror, but as student.
Read more. [Image: Alexis Madrigal/Instagram]

Facebook’s Suprisingly Humble, $1 Billion Acquisition of Instagram

If you’re a Facebook user, you should be ecstatic. One assumes that Instagram’s vaunted photo filters, which make everything look a little cooler, will make their way into Facebook’s photo tools and mobile app. 

If you’re an Instagram user, you may be wary. First, Instagram is a relatively closed network that operates very differently from Facebook. Sure, you can link it to Tumblr or Facebook or Twitter to publicly post photos, but you can also keep Instagram photos  off the open web. That closedness allows me to post more intimate looks into my life than I might feel comfortable with on other platforms. Second, any time one big company acquires a smaller one, it’s natural to worry that Facebook would absorb the Instagram tools and then shut the actual service down. 

But, based on Zuckerberg’s post, I don’t think Instagrammers have to worry. At least not yet. His note about the acquisition is shockingly humble and seems designed to assure users that Facebook is not plotting to close down Instagram. […]

I’m going to float an idea about why Zuckerberg strikes, what seems to me, the perfect tone. I think Facebook and Zuckerberg really do “get social.” I bet he understands that social networks have to develop organically and that the actual software itself is a tiny piece of the overall social network proposition. What really makes Instagram (and Facebook) work is the time that people have invested tuning their connections based on what they do on these services. To ram a social network that users built doing one thing into a different social network built just doesn’t work. 

It’s smarter, in other words, to figure out why Instagram’s users built their networks on the service rather than try to dump those users into Facebook.

All that means is that Zuckerberg appears to be coming to the Instagram acquisition not as conqueror, but as student.

Read more. [Image: Alexis Madrigal/Instagram]

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