Survey Says

Psalm of Teen. (Photo: Hashgram)

Teens Are Leaving Facebook Because They’re Sick of All the Stupid Drama

Teens are flocking to Twitter, Instagram and other sites because its main rival, Facebook, is increasingly becoming DRAMA CENTRAL and they’re SICK OF IT (slams door).  A study from the Pew Research Center found that teens are seeking safe havens on other social networks because their parents are ruining the serene Facebook experience by complaining about Uncle John’s heart condition. Read More

Slim Shady

(Photo: News.co.au)

Eminem Publisher Sues Facebook for Allegedly Using One of His Songs in Facebook Home Ad

Mark Zuckerberg and co. have been acting a little slim shady (heh) recently, at least according to the keeper of rapper Eminem’s extensive musical catalog. The Detroit Free Press reports that Eight Mile Style, the publisher of Eminem’s songs, is suing Facebook and its ad agency for using a song that sounds suspiciously like the artist’s 2000 jam “Under the Influence” in an ad that streamed during Zuck’s announcement of Facebook Home on April 4th. Read More

I'll Tumbl For You

He's staring at a large pile of money, shimmering in the distance like an oasis.

Yahoo’s Futile Search for the Fountain of Youth Continues, With Talk of Acquiring Tumblr

Looks like there might be a suitor waiting in the wings for Tumblr, that scatterbrained belle of the ball. He’s a real gray-hair, though. According to AllThingsD, the blogging site is talking to Yahoo about the possibilities for an alliance, an investment or even a lock-stock-and-barrel purchase. Ad Week says the highly hypothetical price tag could be as much as a billion dollars.

At this point, it might be easier to keep a list of the startups Yahoo hasn’t considered acquiring. Read More

Linkages

Mr. Cook (Photo: News.au)

Booting Up: Foxconn Employees Still Have it Pretty Terrible

Apple CEO Tim Cook is preparing for his upcoming Congress appearance about corporate tax code by promising a “dramatic simplification” of the ancient laws. [Washington Post]

It’s been a year since Facebook’s IPO. So let’s celebrate it with a ~one year later~ reflection piece. [WSJ]

Remember when you’re complaining about your long work week, it’s way worse for Foxconn employees. [NYT]

It sounds like the Facebook designers behind News Feed’s redesign were having the chillest of times on the project. They brought in lamps to create a “nice living room” and stared at posters on the wall to keep them motivated. [Taxi]

Ugh, we have some disturbing news: A website that bills itself as “Kickstarter for gigs” has launched in London. [BBC]

Law and Order

(Photo: Smedio)

Three Men Arrested for Facebook IPO Scam (So At Least Somebody Made Money Off of It)

Three men in New Jersey were arrested yesterday for allegedly swindling nearly $7 million from an investor by claiming that they had “special access” to shares of Facebook prior to it going public last May.

Federal prosecutors arrested Aaron Muschel, 63, of Brooklyn, and Alex Schleider, 47 and Eliyahu Weinstein, 37, of Lakewood, N.J. and charged them with wire fraud conspiracy. Bloomberg reports that they offered a New Zealand investor “blocks of Facebook shares” even though the men had no access to them. They preyed off the near deafening buzz, that seemed to promise Great Gatsby-like riches, to those who cash in on the site’s IPO. Read More

It's Zuck's World We're Just Living In It

(Photo: screencap)

Facebook Talked a Professor Into Helping Build a Better Emoticon

Heedlessly disregarding the bad luck of looking anything like MySpace, Facebook recently added the option of emoticons for status updates. But, according to Popular Science, the social network couldn’t simply use the same smiley faces that’ve done the Internet perfectly good for more than a decade. No, besides the old standbys you’ll have the option of expressing your feelings with a custom-designed, “compassion-research-based set of emoticons.”

Hey, we’re willing to try anything that’ll keep drama out of our News Feed. Read More