Don't Like - a thieving Facebook app

Source: CNA

Facebook users beware. If your attention is grabbed by a video post with the headline “Tornado Randomly Appears During Soccer Game”, chances are a storm has ripped through your account.

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Warner Bros to rent 5 more movies on Facebook

Source: Reuters

U.S. film studio Warner Brothers said it would offer five additional movies for rent on social networking website Facebook, a further sign of intensifying competition in renting out movies on the Internet.

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Apple called on to pull 'gay cure' app from iTunes

Source: AFP

Apple on Monday was under pressure to yank a so-called "gay cure" application from its iTunes shop for software for iPhone, iPad, and iPod devices.

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Facebook vs. Twitter: Which is Better for Marketing?

Source: YCN

The Facebook vs. Twitter debate --and which one is a more effective marketing tool -- continues as another conflicting headline makes its way into the social media ecosphere.

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Facebook puts six on Forbes billionaire list

Source: Reuters

NEW YORK - Facebook not only made household names out of its founders thanks to the movie "The Social Network" -- it has also minted the latest crop of the richest people on the planet.

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Holy streaming, Batman! 'Dark Knight' on Facebook

Source: AFP

Warner Bros. is bringing movie rentals to Facebook, the first Hollywood studio to turn to the fast-growing social network as an online platform for its films.

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Student's Facebook scandal a test case for voyeurism law in Philippines

Source: ANN

The Facebook controversy between a 26-year-old student and a school dean in the Philippines is being eyed as a test case to see how the newly enacted 'cyberboso' law or the Anti-Photo and Video Voyeurism Act of 2009 can enforce its teeth on voyeurs.

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Philippines warns drug lords using Facebook

Source: AFP

International crime syndicates are increasingly using social networking sites such as Facebook to lure Filipinos into becoming drug mules, Philippine authorities warned Tuesday.

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Beware of Facebook ‘likes,’ drug agency warns Filipinos

Source: PDI

MANILA, Philippines—Be wary of foreigners suddenly “liking” you on Facebook or other social networking sites, an official of the Philippine Drug Enforcement Agency (PDEA) advised netizens.

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Facebook buys group messaging service Beluga

Source: PDI

WASHINGTON—Facebook said Tuesday that it has acquired Beluga, a startup founded by former Google employees which allows users to send group messages to family or friends.

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'DJ Kadhafi' takes Internet by storm

Source: AFP

Libyan leader Moamer Kadhafi may be reviled by many of his own people and the international community, but he's enjoying an unexpected surge of popularity -- as a music video star.

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Facebook tried to buy Twitter

Facebook tried to buy Twitter in 2008

SOURCE: AFP

The microblogging site Twitter turned down a 500 million dollar purchase offer from the social networking site Facebook in 2008, according to the Financial Times.

In an interview with the British business daily published over the weekend, co-founder Biz Stone said Twitter wanted to become not just a popular site but a viable business, rather than be taken over by another company.

"We’ve created something that people are finding value in," he said. "But we haven’t yet created a business out of this, and we really wanted to do that."

According to the Financial Times, Facebook CEO and co-founder Mark Zuckerberg offered 500 million dollars in Facebook stock for Twitter.

But Stone said Facebook had nothing that Twitter's three co-founders -- Stone, Evan Williams and Jack Dorsey -- wanted.

The daily added, without elaboration, that Twitter still isn't turning a profit more than four years after it was created.

In mid-December, Twitter said it had received a major infusion of funds from a group of investors, which reportedly put a 3.7 billion dollar value on the site.

Created in 2006 to exchange messages of no more than 140 characters, Twitter had 175 million registered users as of November 1, and transmitted 25 billion "tweets" last year. About 95 million messages a day are sent over the site.

It has pursued rapid growth over profits, but since last spring, it has brought in advertising revenues through paid for "promoted tweets."

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