The Israeli mobile GPS startup Waze has another mega-suitor in Silicon Valley, with Google reportedly joining the bidding war and topping the $1 billion offer rumored to be coming from Facebook. What is it, really, about this mapping app that's drawing acquisition prices as high as — if not higher than — Instagram and Tumblr?
It's no secret that there's a lot of money flowing into (but not out of) Silicon Valley, yet the tech scenesters are trying awfully hard to keep their spending under wraps.
After the unfortunate timing of General Motor's withdrawal of its Facebook ad-dollars, the social network just got an unexpected endorsement from Coca-Cola, which said it will stick with its precarious model.
Following its expensive buy-up of Instagram, Facebook has grabbed another mobile, photo-centric app, with its acquisition of facial recognition app maker Face.com, hoping to beef up its currently lack-luster mobile department.
The owners of the old New York Times building in Times Square want it to be a hub of new media companies and advertising firms, making their end vision sound a bit like the classic old New York recording industry hub, The Brill Building.
Weeks after it's disastrous debut, Facebook is getting in on the blame game for their first day's poor performance, and they're pointing their fingers at NASDAQ.
Facebook has yet to prove its business model to the world, with its stock hovering at $27, well beneath its $38 IPO price, and its value to advertisers questioned. But of late we've seen some ideas that might make Facebook some real money.
The Atlantic's Jeffrey Goldberg posted the first part of his sit-down with former Israeli President Shimon Peres, and got him to expound a bit on Facebook's Mark Zuckerberg, or as Goldberg irreverently describes him, "the person who may be [Peres's] favorite Jew in the world."
Our post on keeping kids safe on Facebook inspired some interesting discussions on parenting in the comments.
After hearing about the multiple child rapes that happened on Skout, an online people-meeting app that links up with Facebook, we're convinced this so-called kids on the Internet debate needs to come to an end.
In one sense, campaigns are doing a more sophisticated version of what they've always done through the post office 2014 sending political fliers to selected households. But the Internet allows for more subtle targeting.
Many commentators are saying that Twitter created its first television ad for advertisers. Then why did it make us a tiny bit emotional?
Stuck in a 40 day quiet period following its IPO, Facebook has to show, rather than tell, that it has a real business model that works.
There's a summer theme on the social media ranks with companies like Daimler and Volvo taking their new models out for test drives and road trips, while Carnival Cruises and some German company (we'll explain later) banked on your summer vacations.
Today Twitter did something we're not used to from the company, it showed some business savvy, with Twitter CEO Dick Costolo announcing the company's mobile strategy is working, and the company is predicted to be bringing in $1 billion in revenue by 2014.
Now that Facebook and the rest of the social Web has succeeded in making the world more "open and connected" in the words of Social Internet King Mark Zuckerberg, the next phase of Internet will move beyond just connecting us to telling us what to do.
In this whole social media bubble implosion scenario, LinkedIn often gets portrayed as the angelic social media company that actually makes money and has a useful purpose compared to that wanton do-no-good social network Facebook -- until today.
Following Facebook's IPO disappointment and subsequent stock market fizzle, the rest of Silicon Valley has started to feel the after-shocks, furthering our suspicions that this is a very selfish social media bubble.
Facebook has gotten nothing but grief since going public last month and now a user poll is adding to the misery with more evidence that their ads don't work and user engagement is going down.
Guys, we don't need special apps for couples. Couples and singletons can coexist on the same social networks as long as we all live by a few ground rules.
Throughout this Facebook IPO fail advertising has gotten a lot of the blame for the social network's lack of stock market success, but today another possible money-making problem has come to our attention: user growth.
Facebook has figured out an ingenious way to capitalize on all that social sharing, finally giving its ad model the edge it needs to impress advertisers and prove the company is worth something.
One of the many groups that will lose out after Facebook's selfish (and somewhat failing) IPO are all the other tech companies that hoped to ride out the bubble Facebook was supposed to create.
We're not exactly crying over the $4.7 billion in net worth Mark Zuckerberg lost over 11 days, but here's one way to measure it: he's no longer one of the 40 richest human beings on the planet, as ranked by the Bloomberg Billionaires Index.
It's tantalizing to tease a split between Zynga and Facebook, but based on the game-maker's and the social network's intense codependence, that's probably not happening any time soon.
There's a new trend in relationship management, and it's called the "relationship contract." How fun does that sound?
In this post-Facebook IPO world, the only positive financial impact the social network has had comes from buying up other companies.
Its second week on the market and Facebook's stock continues to fall, now trading around the $30 mark, and all because of the social network's own stubbornness.
A giant tech company buys a hot start-up for a lot of money and loyal users are fearful that the new owner will crush the company's soul. Sound familiar?
Facebook is apparently trying to develop their own smartphone again, and they're prompting us to wonder if we really need one, and if a smartphone is really the answer to their problems.
Facebook's messy IPO and the fallout over the following week have left many looking for someone to blame, and apparently inside Morgan Stanley it's falling on one of their star investment bankers, Michael Grimes.
Henry Blodget, the Business Insider mogul, is the perfect man to cover Facebook's IPO drama. In fact, there may never be another story better suited for Blodget to cover.
A Big Guy v. Little Guy narrative has emerged from this post-Facebook IPO fallout. We already know about the Big Guy -- Facebook and its underwriters -- but now we're starting to hear what those little guys have to say.
In the many phases of how to feel about Mark Zuckerberg's marriage, we have reached "wedding shaming." Is it possible for a billionaire to have a nice, relatively normal wedding without being mocked for it?
If Facebook bought Instagram so it didn't have to compete with it, why did it just put out a photo-sharing app just like Instagram?
Now that Facebook's a big nasty corporation, it's not only attracted a lot of bad press, it's inspired more direct action.
After days of stock-market failure, we find out the real deal behind Facebook's IPO preparations, which show a disconnect between institutional investors on the inside and the rest of the world on the outside.
As Facebook's stock continues its slump, now trading even lower than yesterday's low, the Internet has reached a consensus on why the IPO of the year isn't performing: Advertising.
Less than 10 minutes into the trading day Tuesday, Facebook's stock fell by nearly 9 percent after Monday's unenthusiastic showing, thanks to a high IPO price and the fact that it's still not clear how much money the company can make.
A sweet story about a young couple seeing all their dreams come true has quickly turned into a different tale of cold financial calculation that could only warm the heart of a tax accountant.
As the stock market pounds Facebook's freshly issued shares, the social network's second day on the market hasn't eased our fears that we're in a social media bubble. In fact, it only suggests the bubble is coming to its end.
Do you hear that? That's the sound of the vaunted Facebook stock falling around $5 or 13 percent in the stock market this morning.
With a weekend to figure things out, we've got a few suspects to blame for the mess that was Facebook's IPO debut on Friday.
Now that Facebook's finished its first day on the market, it's time to figure out what it all means. Here is the best commentary from the big day.
In this week's The New York Times Magazine, Well columnist Tara Parker-Pope asks, "Does Facebook turn people into narcissists?" which, when paired with The Atlantic's own recent cover story by Stephen Marche, "Is Facebook Making Us Lonely?" leads us to wonder whether we're all a bunch of isolated self-obsessed twits.
By the conventional understanding of the network effect, which states a service is as valuable as the number of people using it, Facebook can only benefit, right?
Every day The Atlantic Wire highlights the video clips that truly earn your five minutes (or less) of attention.
Just days after General Motors decided to pull all its Facebook advertising, deeming it "ineffective," the automaker has decided it won't be advertising on the Super Bowl broadcast either. Broadcast networks, consider yourselves warned.
Today, as Facebook co-founder and United States citizenship-renouncer Eduardo Saverin becomes an even bigger billionaire, he's also become a hero of the conservative media establishment.
Facebook's big IPO day was a wild ride, but ultimately ended with the stock price almost exactly where it began.
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