&mdash; GWOP MAGAZINE

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Instagram now says it has the right to sell users’ photographs without payment or notification unless users delete their account by a January deadline. It’s the first major policy shift since Facebook bought Instragram.

Will you delete your instagram due to new policy?

Facebook Trends of 2012

By GWOP

December 12, 2012

On Wednesday, Facebook revealed the most talked-about events on the social network for 11 countries, including the U.S., U.K., Australia and France.

Perhaps unsurprisingly, the single most talked about event in the U.S. was the presidential election, followed by the Super Bowl and the death of Whitney Houston, the last of which was a top trending topic in several other countries as well. Hurricane Sandy ranked fourth on the list in the U.S.

source: Facebook

Facebook Commercial – The Things That Connect Us

By GWOP

October 4, 2012

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Facebook who recently just hit billion active users , introduces us its first commercial

Chairs, doorbells, bridges, airplanes. These are things that people use to get together and connect. Facebook is also something that over a billion people around the world use to connect with one another.

Facebook Stock Hits All Time Low

By GWOP

September 1, 2012

Facebook stock, which traded at $38 during its May IPO, has plummeted to an all-time low of $18.28.
For Facebook employees who have shares locked up, November can’t get here fast enough. That’s when they’ll be able to sell off their Facebook stock, although who knows what their shares will be worth by then. BMO Capital Markets analyst Daniel Salmon is predicting that shares will have dropped to a flimsy $15 by November.

Infographic: The Psychology of Social Networking

By GWOP

August 20, 2012

Facebook Phone coming soon

By GWOP

May 29, 2012

A week after Facebook’s IPO debuted, Mark Zuckerberg and company reports that it’s entering the smartphone market.
The “Facebook-phone”, codenamed “Buffy”, would run on Android, although Facebook has already hired more than a dozen former Apple iPhone developers. Read More

Jay-Z Launches New Facebook App Empire

By GWOP

April 26, 2012

Jay Z

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Jay-Z has released a new Facebook game dubbed Empire. The hustler-turned-entrepreneur wants you to follow his steps in becoming a business mogul. Empire closely mimics the hip-hop star’s life from his time in the housing projects in Brooklyn to his eventual rise as global businessman.
“Make the right choices and the World belongs to you. Live the dream,” the game’s prompt reads.
In terms of gameplay, Empire follows the same routine and mechanics of most Facebook games. You have an energy bar in which you can perform tasks like engaging in rap battles, making a mix tape for street cred, getting a job for money, etc. In turn, these actions earn you experience, money, or fame which you can use to level up. Do it all right and you can end up living the high life in sunny Miami.
The game features several mini-games inside of it like rap battles or Cee-Lo, a dice game, but for the most part you’ll be using your energy to perform the goals given to you. As with most Facebook games, Empire encourages you to spend money on Facebook credits to complete goals quicker or gain more energy.
If you’re a fan of Jay-Z, inspired by his remarkable life journey, you may want to check out Empire, now available on Facebook. Read More

Facebook Has 901 Million Users

By GWOP

April 23, 2012

Facebook disclosed on Monday that it has 901 million users, making it likely that it will pass the 1 billion mark well before the end of the year.

The company, which dropped the stat in its amended S-1 filing, also notes that its network receives 3.2 billion comments per day and 300 million new photos daily. The site also claims 125 billion friendships. Of the 901 million figure, 526 million were described as daily active users in March. Some 488 million people also used Facebook mobile products that month, according to the filing.

When Facebook filed its IPO paperwork with the SEC in February, the network tallied 845 million users. Back in January, Gregory Lyons, a senior analyst at iCrossing, estimated that Facebook would hit 1 billion users by August, a rate of growth that appears plausible based on the latest numbers.

Even before Monday’s latest numbers dropped, Facebook was by far the largest social network in the world. Twitter, which passed 500 million users in February, is number two on the list — although Twitter says that only 140 million of those accounts are active.

source

Pinterest Worth $7.7 billion

By GWOP

April 16, 2012

source
Facebook values Instagram at $1 billion and LinkedIn (LNKD) has a market cap of $10 billion.

Twitter claims it is worth $8 billion. So where does that leave the new kid on the block Pinterest? Well, it looks like you can pin $7.7 billion on your Pinterest board.

Pinterest is important because the traffic is growing and statistics are impressive. It is known for its magazine quality images. Pinterest is to artful images what Twitter is to artful words. What’s more, Pinterest appeals to college-educated females between the ages of 25 to 44. A sweet demographic known for its spending decisions and habits.
Read More

Facebook Buys Instagram for $1 Billion

By GWOP

April 9, 2012

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Facebook is not waiting for its initial public offering to make its first big purchase.

source

The social network has acquired Instagram, the popular photo-sharing application, for about $1 billion in cash and stock, the company said Monday. In a Facebook post on a profile page, the company’s chief, Mark Zuckerberg, said he planned to build Instagram independently from the social network. The move will allow users to post on other social networks, follow users not on Facebook, and to opt out of sharing on Facebook.

“For years, we’ve focused on building the best experience for sharing photos with your friends and family,” Mr. Zuckerberg wrote. “Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.”

Mark Zuckerberg, the chief executive of Facebook, which is expected to go public next month.
Facebook announced today that it has reached an agreement to acquire Instagram, a fun, popular photo-sharing app for mobile devices.

The total consideration for San Francisco-based Instagram is approximately $1 billion in a combination of cash and shares of Facebook. The transaction, which is subject to customary closing conditions, is expected to close later this quarter.

World’s Youngest Billionaires via Forbes

By GWOP

March 8, 2012