Saturday, January 1, 2011

Facebook Roundup: Places in Denmark, SEC, Lawsuits, Privacy and Media

Facebook Roundup: Places in Denmark, SEC, Lawsuits, Privacy and Media: "

Facebook To Launch Places in Denmark - A database of Places has been set up in Denmark, which may signal that Facebook is ready to debut its location service in the country. In September we predicted Denmark could be one of the next countries to gain access to Places due to its high iPhone market penetration. The country also has a high penetration of Android phones which gained Places in the official Facebook app in November.

Share Rule Change and Facebook IPO – The Securities and Exchange Commission has become interested in the trading of Facebook shares. Currently the shares put the value of the company at $42.37 billion, shares belong to early-stage venture capital investors and former employees.

Paul Allen Sues Facebook, Again – As we previously covered, Microsoft co-founder Paul Allen tried to sue Facebook and other tech companies for patent infringement. The case was rejected earlier this month in federal court but Allen has amended the suit.

Old Facebook Apps Carry More Privacy Risk - Turns out that older Facebook applications allow companies fuller access to the data of a users’ friends. For example, the Send Cupcakes app allows access to friends’ photos and videos, whereas newer apps may not.

New Facebook Stats - In a recent blog post Facebook disclosed some interesting statistics. For example, the average media organization saw an increase of more than 100% in referral traffic. counts Facebook as its top referrer with content re-sharing up by 65% and an increase of 18% in commenting. The Washington Post saw more than a 280% increase in referral traffic by implementing the social plugins and saw growth of 450% from Facebook users.


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