Facebook is taking a different tack. It’s starting with a signal—Likes—that is already corrupted, that in fact has always been corrupted. People routinely Like a thing not because they actually like it, not because they have (to use a favorite Facebook word) any real affiliation with it, but because they’ve been, in one way or another, bribed to Like it.
Like us on Facebook to download our new single! Like us on Facebook to get 10% off your next purchase! Like us on Facebook to get a chapter of our new e-book for free! Like us on Facebook to enter our sweepstakes! Like us on Facebook so our dad will give us a puppy!…
…It might seem kind of strange for a company to build a search engine — a pretty costly undertaking — using criteria that it knows to be debased, to be anything but objective. But to Facebook, it’s business-as-usual. Here’s the difference between Google and Facebook: Larry Page recognized that commercial corruption was a threat to his ideal. For Mark Zuckerberg, commercial corruption is the ideal.
"(via crushallhumans)
Facebook reaches 1 billion users
TODAY: Facebook founder and CEO Mark Zuckerberg shared the milestone that the social networking site has reached a billion users in an exclusive interview with Matt Lauer, which aired Thursday on TODAY.
Since Facebook launched, the social network’s seen 1.18 trillion “likes” and 140.4 billion friend connections. There are 219 billion photos currently being shared, while 17 billion check-ins have been made. Since the music listening app launched in September 2011, 62.6 million songs have been played 22 billion times — that’s around 210,000 years of music.
Photo: Facebook CEO Mark Zuckerberg speaks to TODAY’s Matt Lauer. (Matt Harnack / Facebook)
(via mark--zuckerberg)
![As Facebook inching towards 1 billion MAUs now, the Facebook masses need a new hero as Facebook CEO to run the business »
That hero is not Mark Zuckerberg. He needs to get out of the way – not because we can judge him a disaster based on a single’s earnings period, but because he isn’t playing to his strength. He’s letting down the average folks who saw something shiny and new, but are now seeing shades of overhyped tech redux. […] Facebook needs its spiritual leader and chief innovator in a hoodie. But it doesn’t need him as CEO, placating investors in a collared shirt.](http://24.media.tumblr.com/tumblr_m845xobeHe1r8dxvuo1_250.jpg)
As Facebook inching towards 1 billion MAUs now, the Facebook masses need a new hero as Facebook CEO to run the business »
That hero is not Mark Zuckerberg. He needs to get out of the way – not because we can judge him a disaster based on a single’s earnings period, but because he isn’t playing to his strength. He’s letting down the average folks who saw something shiny and new, but are now seeing shades of overhyped tech redux. […] Facebook needs its spiritual leader and chief innovator in a hoodie. But it doesn’t need him as CEO, placating investors in a collared shirt.
…which means the color he can see best is blue. That also happens to be the color that dominates the Facebook website and mobile app. “Blue is the richest color for me,” he told the magazine. “I can see all of blue.”
Mark Zuckerberg Is Worth More Than Nokia
On Friday, a day after announcing it was slashing 10,000 jobs, the Finland-based company was worth about $9.3 billion on the New York Stock Exchange. That’s a mighty fall from the middle of 2000, when Nokia’s market cap neared $269 billion as cell phones first became ubiquitous.
![theatlantic:
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]](http://25.media.tumblr.com/tumblr_m4hm6tXVnK1qcokc4o1_250.jpg)
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]
Mind you, this an industry that had to be saved from itself through a massive infusion of cash from the federal government (ie., you and me, the people who pay taxes). And what was the lesson learned from the brush with disaster? You tell me. JP Morgan Chase CEO Jamie Dimon, the face of oblivious Wall Street wealth, received $23 million in total compensation last year, about the same as the year before, according to Bloomberg. (Yes, I know JP Morgan repaid its $25 billion in taxpayer money.)
So you’ll have to pardon me if I get a few chuckles out of the irreverence of a young entrepreneur who, far as I know, hasn’t been subsidized by taxpayers and hasn’t risked taking the global economy off a cliff.
Mark Zuckerberg should wear a hoodie to every single business meeting for the rest of his life. Just to annoy Wall Street.
Exactly. That’s what I want to say here!
Though “Facebook has raked in billions and will make a splash when its stock hits the open market next week,” still folks on Wall Street are concerned about Mark Zuckerberg’s iconic hoodie. While odd analysts like Michael Pachter, an analyst for Wedbush Securities, thinks that Facebook founder Mark Zuckerberg might be a better product manager or designer than CEO, fellow bloggers suggests: “If hoodies mean billions of dollars, keep wearing them.”
(Source: CNN)
An intimate portrait of the world’s most famous CEO, Mark Zuckerberg.
But the moment belonged first and foremost to Zuckerberg, who for years has had his own identity problem: “boy CEO.” Young, arrogant, and awkward—no one believed that Zuckerberg could survive the adult swim of real business, and thanks to his depiction in The Social Network, some folks will forever see him as the fatally flawed psychopathic robot nerd looking to steal your code, your personal data, your girlfriend. “I don’t think about it … much,” he once told me when I asked him how he handles all the noise, measuring his words as he always does. “I understand why people need to have these dialogues, to ask these questions. We have so much to do here, we don’t think about it if we don’t have to.”
(Source: collaborativefund, via thenextweb)
How would you keep yourself grounded as the project you started at college less than ten years ago prepared to file for a $5 billion IPO? Facebook CEO and founder Mark Zuckerberg kept this little reminder on his desk during the historic day (via This Memo Kept Zuck Focused During Facebook IPO Day)
