Everyone bow down and kiss Mark Zuckerberg’s Keds because there’s further proof that it’s America’s world and we’re just living in it. The Facebook CEO and cofounder was the most generous philanthropist in 2013 with his one time donation of $970 million to a nonprofit in Silicon Valley last December. Read More
It's a Zuck Zuck Zuck Zuck World
Today on Facebook’s quarterly earnings call, the company admitted for the first time that it might be having the slightest bit of trouble with the younger cohort.
Business Insider reports that on the call, CFO David Ebersam gave investors a little heads up: “Our best announcement on youth usage [is that] among U.S. teens was stable overall from Q2 to Q3 but we did see a decrease in daily users partly among younger teens,” he said, adding that it’s “of questionable significance,” but “we wanted to share this with you now because we get a lot of questions about teens.” Read More
On this afternoon’s quarterly earnings call, Facebook CEO Mark Zuckerberg sounded about as gleeful as we’ve ever heard him. We can’t entirely rule out the possibility this was due to a Facebook fox sighting, but the company’s Q2 numbers also gave him plenty to crow about. For starters: Revenue was up 53 percent Read More
Did you stay at work a little late to do a bit of frantic blizzard-related research and/or dicking around on the Internet? If so, you probably experienced an unexpected, disorienting game of Internet Shoots and Ladders, as several major websites–including Buzzfeed, Gawker, and Slate–suddenly began redirecting to a strange error page on Facebook.
Luckily, logging out of Facebook solved the problem. Duh. Read More
Early Facebook users will no doubt remember the era when the humble poke seemed like the raciest, most exciting feature in the world. College sophomores would poke their friends until they reached the poke limit, then trumpet their poking prowess on their friends’ walls.
Remember when Facebook was a world-changing social network–uniting families, friends, and that girl who moved away in the third grade across space and time? And then remember when Facebook was a punchline, trying to get you to pay real money for the virtual equivalent of the flair buttons on a TGIFriday’s vest?
Well, now, Facebook is also partly an e-commerce play–like say Amazon or Pets.com. Today, the company began launching a new segment called Gifts, which allows users to buy and send real-world items, tied to the life events you post on Facebook. It’s a gentle reminder that when free consumer web startups say, “Don’t worry about monetization, we’ll find a magical third way later,” what they mean is: “Let us pretend just a little while longer, please.” Read More
Be honest: Facebook’s sleek blue and white color scheme is a fashion inspiration in your life. It is therefore only natural that you’d want to adorn your body with colorful evidence of your fandom.
Luckily, thanks to the French designer Yves Saint Laurent, you can now wear Facebook on your eyelids.
Starting July 19th, YSL will release 1,650 of their Facebook-inspired “Devoted to Fans” eye shadow palettes, featuring blue, purple, white and grey shadows. Read More
You know what happens when you get rich and famous? Suddenly, you get to hang out with all the other rich and famous people (and take pictures, and post them on–of course–Facebook). And given that he’s instantly recognizable, runs a hugely popular website, and has the net worth of a minor petroleum scion, Mark Zuckerberg is a member in good standing of this club. But here’s the thing–unlike movie stars and musicians and politicians, it’s safe to say Mr. Zuckerberg didn’t get where he is today on his charisma.
Hence, he spends a lot of time taking pictures with other famous people, looking awkward. Let us demonstrate, because it is a summer Friday and none of you were working anyway.
In the meantime, Mark, chill out. You are making us nervous.
Katherine Losse started at Facebook in 2005–before the NewsFeed, before the arrival of Sheryl Sandberg, and long before the Zuck quite mastered proper corporate executive behavior. Things were so fast and loose that, during orientation for her user-support gig, she was given a master password allowing her to access any user’s profile and personal information. Nor was there anyone handling potential HR crises like a male employee who apparently went around proposing threesomes to women in the office.
Ms. Losse details these antics in her new book, The Boy Kings, about her time at the social network. Curious to hear more, we reached out for an interview. She didn’t seem too keen to dish on Zuck beyond what she’d already included in the book (more’s the pity), but she did have some stuff to say about where social networking is headed, why Facebook was so damn fratty, and what it was like being a humanities girl in a programmer’s castle.
What was the most challenging part of your role as Mark’s personal writer? Read More
Former Harvard University president Larry Summers gave the audience at Fortune‘s Brainstorm Tech conference the real back story on a familiar scene from The Social Network. In Aaron Sorkin’s version of events, Mr. Summers couldn’t be bothered with Cameron and Tyler Winklevoss’ attempt to halt Mark Zuckerberg’s world domination with Harvard’s code of conduct. But what Mr. Summers was really thinking may have been worse. “Rarely, have I encountered such swagger, and I tried to respond in kind,” he told the crowd, adding:
“One of the things you learn as a college president is that if an undergraduate is wearing a tie and jacket on Thursday afternoon at three o’clock, there are two possibilities. One is that they’re looking for a job and have an interview; the other is that they are an asshole. This was the latter case.”
Another reason to keep the start-up dress code “business shabby.”