Nothing is more infuriating that going to a website with a video playing on the background. That is what Facebook is exactly doing. They are now playing videos on pages that you open. Sounds like they are more concerned more about counting their video views than the actual user experience. At least they’re trying to be nice by muting the audio if you scroll down past the video. Facebook is giving you the option to have the volume ON automatically, but why would you do that? If you don’t want videos playing in the background at all, you can turn it OFF by going to the Settings and setting Auto-Play Videos to Off. That’s what I would do.
So, Mark Zuckerberg had a bad day at the office. He lost $3 billion dollars in one day when Facebook shares dropped 5.5%. How’s it that possible? Well, the guy owns 418 million shares of his own company, which is worth about $50 billion, making him the 5th richest man on earth.
Of course, he actually doesn’t have all this money in his pocket. The money tied up on the market on the shares he owns, until he dumps some of them and cash them out. Based on his money tied to the market, his net worth will go on the same direction as the market goes.
Essentially, Zuckerberg is going to have good days and bad days.
It’s official. 1 billion people use Facebook daily. Here’s a graphic that explains it all.
The other day, I read that Twitter was trying to make its profile pages to look more like Facebook. A few weeks ago, I recall reading that Facebook was trying to make its real-time conversations look more like Twitter. I really don’t understand. So, why don’t these two tech lovers, both headquartered in the San Francisco Bay Area by the way, just get together and consummate. Then, we will have one giant social media called Facetweet. Think about all the time we will redeem if we post on just one social media platform. We will literally cut our social media time by half. Just think about how we will have more time to ourselves, how we could be more productive, and have a better quality of life. Maybe not.
Who will be the next Facebook? Wait! I’ll take that back. That doesn’t seem right anymore. A year ago, that might have been ok. Facebook as a startup before the IPO was quite a success, in terms of popularity, considering the number of users that have joined the social site. There were so much hype how much the company was worth.
Facebook as a company, after the highly anticipated IPO is quite another story. Facebook (FB) opened at $38 on IPO day. Today, a few months later, FB is faltering at $17.73. And it could go down even further. There doesn’t seem to be an end in sight. From an investment perspective, FB as a company is a major disappointment.
It’s a good thing, I don’t own any stock. Asking the question, who will be the next Facebook is no longer relevant. It has lost its meaning, luster, and it doesn’t really apply anymore. All this time, we should have been asking, who will be the next Apple.
Apple’s stock price has multiplied 56 times just the last ten years. Apple’s stock was a mere $12 a decade ago. If you have invested $100,000, you would have $5.6 million dollars today. That’s what you call a spectacular investment. For Facebook to get to even come close to what Apple has done is wishful thinking.
All along, we should have been asking, who will be the next Apple?
Facebook (FB) went down 6% closing at $21.74 for the day. With today’s closing price, Facebook is now 40% off its original IPO price. I’m sure some poor souls got burned by that hype. I remember reading an article a couple days after the IPO when the stock began to slide, where one analyst priced FB at $13. At the time, I thought it was out of reach. I said no way FB would slide that low. Well, looking at the price currently, FB is not that far off. If Facebook stumbles this quarter, we might see the stock hovering around $13. Not a distant possibility at all.
Matthew Ingram of GigaOm brings up a good point regarding censorship and Facebook. Although Facebook is a public place, it’s controlled by a public company. Although, it encourages free speech, it can remove content whenever it wants to. In the case of Roger Ebert’s Facebook page that was taken down, possibly due from the outrage caused by Ebert’s response to Ryan Dunn’s death on Twitter. Ebert’s Facebook page was later reinstated. Facebook, later apologized, saying the page was taken down by mistake. Interesting read.
Dropbox is one my all-time favorite application. The file sharing application gives you the ability to synch several computers by simply dropping a file to a folder. All your other computers (Windows, Mac or Linux) that have Dropbox installed, will synchronize automatically and get the updated files.
When you join Dropbox, you probably selected a free account that came with 2GB of disk space. To increase space, you can refer friends, family and others to join Dropbox and you and your friend will get an additional 250MB of space. I’ve referred several friends and now have 4.38GB. It’s nothing compared to someone I read online that had 17GB.
While referral is great, there’s another easy way of getting extra space from Dropbox. If you connect your Twitter account with Dropbox, you’ll get an additional 128MB. If you connect with Facebook, it’s another 128MB. If you follow @Dropbox on Twitter, it’s another 128MB.
If you tweet how much you love Dropbox, it’s another 128MB. Hence, my tweet about Dropbox the other night. All in all, if you do all of the above, you’ll get an additional 640MB of free disk space. Mind you, these are services that you already have, since most people already have Facebook and Twitter accounts. All you have to do is activate your free disk space.
To get your free space, just login to Dropbox and access Dropbox for free. One more thing, if you haven’t joined Dropbox yet, use this link to join. You and I will get an additional 250MB for using that link.
Jimmy Kimmel declared tomorrow, November 17, as National UnFriend Day at Facebook.com. Kimmel says, “Remember five years ago when no one was on Facebook and you didn’t know what the guy you took high school biology with was having for lunch? Remember how that was fine? Let’s go back to that.”
I’m not sure if this will gain any traction, but he does have a point. Someone will unfriend you, if give out way too many status updates!
Rumor has it that Facebook is set to unleashed its own email service next Monday. It’s certainly no surprise since Facebook already has that capability with its own private messages between friends. With this new mail service, Facebook will be able to send out messages not just to other Facebook members, but to the rest of the world.
So, what’s the big deal? That’s exactly what I said. But there’s a catch. Facebook apparently has been working with Microsoft in integrating Microsoft Office Online Tools. Facebook users will be able to share Office documents with other Facebook users and possibly with everyone else.
One more thing, with this new email service, Facebook users will be able to use the ‘facebook.com’ domain as part of their email address. The email address format will most likely be: email@example.com. That’s one thing you’ll have in common with a Facebook employee, having the same email domain.
Is this a threat to GMail? I don’t see it that way. GMail has enough features that will stave off users from jumping to Facebook. In addition, Facebook has a marginal record when it comes to security and privacy. Will I trust them enough to run my email. That’s one concern that will be on everyone’s mind.