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Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices.
The White House has backed away from its push for mandatory cybersecurity standards in favor of an approach that would combine voluntary measures with incentives for companies to comply with them. That approach reflects recognition of the political reality of a divided Congress that makes mandated standards difficult to push through, and a belief that an executive order President Obama signed in February could improve companies’ cybersecurity.
I was reading an article on BBC about Facebook’s future and came upon the reason why the social network got into the mobile market so late. BBC has the answer from Facebook’s COO Sheryl Sandberg:
As the search volume on generic terms such as "debt", "portfolio" and "stocks" fell, the Dow Jones average tended to go up - and vice versa. An investment strategy based on these search volume data between 2004 and 2011 would have made a profit of 326%.
Reddit apologized for the 'dangerous speculation' on the site that pointed fingers at the student. A body pulled from the water off Indian Point Park in Rhode Island has been identified as the Brown University student mistakenly linked by amateur sleuths on a social media site to the Boston bombings.
Former President Bill Clinton has officially joined Twitter, using the handle @billclinton. Excited to join @chelseaclinton and my good friend @stephenathome on Twitter! — Bill Clinton (@billclinton) April 25, 2013
The Internet company signed a deal for exclusive streaming rights to past episodes of “Saturday Night Live” to gain an edge in a small market for digital video advertising.
For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble. No sooner did hackers send a false Associated Press tweet reporting explosions at the White House on Tuesday than investors started dumping stocks - eventually unloading $134 billion worth. Turns out, some investors are not only gullible, they're impossibly fast stock traders.
Braff tells THR that he turned to Kickstarter over financiers because, "When you’re trying to make these smaller personal art films, the idea of giving final cut away to someone else, it doesn’t make any sense for me." Zach Braff is hoping the internet will kickstart his writing/directing career back to life.