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According to multiple media sources, it is confirmed that the world’s largest social networking site, Facebook is going to file its paperwork for it’s to be called as “giant $100 billion” Initial Public Offering on coming Wednesday. Cited an unnamed source, Morgan Stanley is close to winning the IPO deal, while Goldman Sachs is expected to play a key role – according to the journal. The upcoming IPO – expected to raise $10 billion – would be a “trophy” for investment banks – resulting in a huge competition on Wall...

Twitter, yesterday, announced through its blog post that it will limit the content on the micro-blogging site according to specified countries’ freedom of expression – giving an ability to reactively withhold content from users in a specific country – while keeping it available in the rest of the world. The company states last year that its instance goal is to connect people everywhere to what is most meaningful to them – some tweets may facilitate positive change in a repressed country, some make us laugh, some make us think...

The world’s largest social networking site, Facebook, as we know – is now coming with its “giant $100 billion” Initial Public Offering documentation on coming Wednesday, according to a report from the Wall Street Journal. Speculation of a Facebook IPO heightened this week after news reports of a halt in trading in the company’s privately-held shares on the secondary market, which was said to be a signal that the firm was about to file papers. Earlier also the reports states that the possible chances seem to be there that, Facebook’s...

Twitter recently announced in its blog post that to limit the content according to specified countries’ freedom of expression – the company added ability to reactively withhold content from users in a specific country – while keeping it available in the rest of the world. On the note of this, the micro-blogging site is facing a series of criticism from users across the world. The new system, which can filter tweets on a country-by-country basis and has already been incorporated into the site’s output, will not change Twitter’s...

The social network ban introduced by Indian Army, is said to require the force’s 36,000 officers and 1.3 million other personnel to immediately cease using and delete their social networks profiles. The ban is still to be confirmed by authorities. According to Ad Age, army was facing difficulties in monitoring that whether any of its personnel sharing any sensitive...

Facebook, the world’s largest social networking website, has hired Bloomberg former social media director Dan Fletcher. Fletcher will work with the social giant as its managing editor. Forbes in December mentioned Bloomberg’s Dan Fletcher as one of the FORBES 30 under 30 in Media category. Fletcher graduated from Northwestern University in 2009, where he majored...

According to a job posting on the Federal Business Opportunities website, the FBI is gearing up to create a tool that will crawl social media site including Facebook, Twitter and others so as to prepare for the worst – emergencies before they actually happen. The application should be able to spider through public content posted on social networks across the web. “The...

In an ongoing fight against spammers and scammers, Facebook and Washington State Attorney General Rob McKenna announced that have filed dual lawsuits against the co-owners of Adscend Media LLC, an ad network, which Facebook says is known to support “clickjacking” schemes, and other forms of tricking users into giving up personally identifiable information or money. “We don’t ‘like’ schemes that illegally trick Facebook users into giving up personal information or paying for unwanted subscription services through spam,” McKenna...

Twitter announced in its blog post that to limit the content according to specified countries’ freedom of expression – the company added ability to reactively withhold content from users in a specific country – while keeping it available in the rest of the world. A year ago, the company having more emphasize on “The Tweets Must Flow” in which, “The open exchange of information can have a positive global impact … almost every country in the world agrees that freedom of expression is a human right. Many countries also agree...

Have you ever wondered food and Facebook credits go side by side? A new startup name Plink announced a Facebook-credit based loyalty program tomorrow, partnering with chains including the loveable foodies companies – Dunkin’ Donuts, Red Robin and Taco Bell. Users join Plink by logging on with their social network identities and securely registering their credit/debit...