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The Future is now. We may not be traveling in flying cars yet but the world is changing every year. The iPhone which was discovered in 2007, functions as a TV, Photo Camera, Video camera, notebook, gps system, alarm clock, radio, phone and more. We can catch a ride with a stranger to any destination in any city with the help of Uber (founded 2009) or Lyft (launched 2012). Instagram (founded in 2010) serves as a digital photo album for its 500 million daily active users. CD’s and DVD’s no longer are in rotation due to Netflix streaming, Spotify (founded 2006), Pandora and Tidal. You can rent a room or home to stay in from a stranger around the world with AirBnB (founded 2008). Youtube (founded 2006) gives anybody the opportunity to create their own TV Station/Network. The world has changed in less than 20 years. Just imagine what the future may bring.

What will be the new creations or ideas of the future?

#Invest2020

Mark Luckie, a digital strategist and former journalist, says he accepted the job offer from Facebook reluctantly.

At first, he didn’t want to move to Silicon Valley from Atlanta, where he had been living, but he said his fiance was able to persuade him, telling him that the job presented an opportunity to make a difference on the influential social network.

“I was really excited. Facebook is an amazing company that reaches a lot of people,” Luckie, 35, said in an interview with The Washington Post. “I didn’t plan to leave.” Read More

Facebook CEO Mark Zuckerberg is making his first known investment in a startup, a firm called Panorama Education that uses data analysis to attempt to improve education.

The Cambridge, Mass.-based Panorama announced Monday that it raised $4 million in seed funding led by Zuckerberg’s Startup:Education fund. Other investors include Jeff Clavier’s SoftTech VC, Google Ventures, Ashton Kutcher’s A-Grade Investments and Yale University.

source

Facebook founder Mark Zuckerberg paid top dollar — more than $30 million in total — for the four residential properties located next door and behind his Palo Alto home.

Zuckerberg is one of several prominent tech CEOs who own homes on Palo Alto’s tree-lined streets. Yahoo’s (YHOO) Marissa Mayer and Google’s (GOOG) Larry Page live there, as did the late Apple (AAPL) chief Steve Jobs.

Zuckerberg, who rented for many years, reportedly paid $7 million two years ago for the 5,000-square-foot home in Palo Alto’s Crescent Park neighborhood where he lives with his wife, physician Priscilla Chan. Zuckerberg, whose personal fortune is estimated at $19 billion, also owns a home in San Francisco.

source: Gawker

Instagram now has 150 million monthly active users with more than 60% of them residing outside of the United States. At last tally in June, the app had 130 million monthly active users. In February, the company reached the 100 million monthly active-users milestone.

Instagram, which Facebook acquired in 2012, added video capabilities to its popular photo-sharing app in June. Celebrities and brands quickly latched onto the new feature. Soon, pop star Justin Bieber became the first Instagram user to earn 1 million Likes on a video post.

As of April, nearly half of Instagram’s users are Android users. Instagram launched in late 2010 for iOS users and made the service available for Android users in April 2012.

Comparatively, rival service Vine has 40 million registered users — not to be confused with active users — as of last month.

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The Facebook (FB) chief operating officer and author of “Lean In” sold nearly 2.4 million shares of the social network’s stock last week at an average price of $38 per share, according to a regulatory filing.

 It amounts to about $91 million.
Checkout Sheryl Sandberg’s TED Talk on “Women Leaders” below:

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A new study released Wednesday by Domo and CEO.com found that nearly 70% of Fortune 500 CEOs have no presence whatsoever on any major social media channels, including Facebook, Twitter, LinkedIn or Google+. Of the 30% that choose to engage in social media, nearly all of them (28%) do so through LinkedIn. And while the number of CEOs utilizing the other three networks is small, it appears that Twitter is the only other social channel Fortune 500 CEOs are moving toward (albeit, slowly).
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State Department Facebook Spent $630,000 On ‘Likes’ For Social Media Pages.
A striking finding in a recent Inspector General report revealed that the U.S. Department of State spent hundreds of thousands of dollars on Facebook “likes” in the past two years, effectively buying fans.

In order to bolster its presence on Facebook, the State Department paid about $630,000 for campaigns to increase its total number of likes, the May 2013 report indicates.

While the sheer amount of funds the State Department dropped on social media may be surprising in and of itself, the most significant aspect of the report may be the finding that these fans are, for the most part, fake.

Read More

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According to a study, your Likes of a brand on Facebook are worth about $174.17 to that brand.

Syncapse, a social intelligence company, conducted a study with more than 2,000 Facebook users who liked a brand and considered a Facebook user’s product spending, loyalty, recommendations, brand affinity and more to come up with the number. It turns out Facebook fans spend more money on the brands they like—$116 a year more than nonfans—even if their income was equal. In addition, those who liked brands were 18% more satisfied with the brand and 11% more likely to continue buying the brand.

Source

MENLO PARK, Calif. (AP) – If you’ve ever wanted to know the most popular TV shows among your Facebook friends who are doctors, or wanted to see all the photos any of your friends have taken in Paris, the world’s biggest online social network has the answer.

CEO Mark Zuckerberg unveiled a new search feature on Tuesday in Facebook’s first staged event at its Menlo Park, Calif., headquarters since its May initial public offering.

Called “graph search,” the new service lets users search their social connections for information about people, interests, photos and places. Until now, Facebook users were unable to search for friends who live in a certain town or like a particular movie. With the new feature, people can search for friends who, say, live in Boston who also like “Zero Dark Thirty”.

Zuckerberg says the search feature is “privacy aware.” That means users can only search for content that has been shared with them.

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