Facebook Q2 Results Beat Financial Forecasts With Robust Mobile Ad Sales

By | Wednesday July 24, 2013 @ 1:24pm PDT

The stock is up more than 19% in after hours trading following a Q2 report that appears to have reassured investors who feared that smartphones and tablets don’t have enough screen space for ads. Facebook says that mobile ads … Read More »

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UPDATE: Facebook Says A Glitch Blocked Links For Kirk Cameron’s ‘Unstoppable’

By | Monday July 22, 2013 @ 11:36am PDT

UPDATE, 11:35 AM:  The social network company wasn’t making a judgment about Kirk Cameron‘s upcoming religious movie Unstoppable last week when it blocked links to the promo site. “To protect the hundreds of millions of people who connect and share on Facebook every day, we have automated systems that work in the background to maintain a trusted environment and protect our users from bad actors who often use links to spread spam and malware,” Facebook says today. But “in rare instances they make mistakes.” And this was one of them: The link “was blocked for a very short period of time after being misidentified as a potential spam or malware site. We learn from rare cases such as these to make our systems even better.”

PREVIOUS, SUNDAY AM: Former Growing Pains star Kirk Cameron‘s upcoming movie Unstoppable vows to answer the question “Where is God in the midst of tragedy and suffering?” But considering that theaters Read More »

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Facebook Says It Inadvertently Disclosed Phone And Email Info For 6M Users

By | Friday June 21, 2013 @ 2:20pm PDT

The social network’s blog post this afternoon blames the security breach on a “bug” in the process it uses to make friend recommendations. Facebook improperly stored some of the matchmaking info. “As a result, if a person went to download an archive of their Facebook account through our Download Your Information (DYI) tool, they may have been provided with additional email addresses or telephone numbers for their contacts or people with whom they have some connection,” the company says. About 6M Facebook users were affected. In addition, “other email addresses or telephone numbers [were] included in the downloads, but they were not connected to any Facebook users or even names of individuals.” The company is sending emails to notify the people whose info was mistakenly distributed, and has alerted regulators in the U.S., Canada, and Europe. Facebook adds that it has “no evidence that this bug has been exploited maliciously” and has not received any complaints. Read More »

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Facebook’s Instagram Adds Video Sharing With Image Stabilization

By | Thursday June 20, 2013 @ 11:15am PDT

The popular photo-sharing smartphone app now also will  handle 15-second videos, and include an image stabilization feature for iPhones that “will change video forever,” Instagram CEO Kevin Systrom says. In a brief demonstration at the announcement today, he showed … Read More »

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Reports: Google Mapping Out $1B+ Deal For Waze Traffic App

By | Monday June 10, 2013 @ 10:29am PDT

If Google moves forward with a reported $1.3B acquisition of Israeli navigation and traffic app Waze Inc., it would be the search giant’s fourth-biggest deal by dollar value, The Wall Street Journal says. Waze was founded in 2008 and uses crowdsourcing to provide routing and real-time traffic updates, including police presence, road accidents, speed cameras, and hazards. It has nearly 50M users in about 190 countries. Waze and Facebook had been in talks, but Israel’s Globes reports the social network balked at the price tag and at a stipulation that Waze’s Israeli employees continue working in Israel. (Google has an office in Israel.) Apple had been thought in the running for Waze, but CEO Tim Cook said in May that the company had not made a bid. Read More »

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Dish Network Unveils Social Media App For Its Hopper DVR

By | Wednesday May 29, 2013 @ 7:04am PDT

The satellite company isn’t ready to give up on the single-screen TV viewing experience yet. It just rolled out an app, called Social, that it says is the industry’s “first and only set-top app that delivers on-screen social content relevant … Read More »

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Rupert Murdoch Compares Facebook To “Crappy MySpace” On IPO Anniversary

By | Friday May 17, 2013 @ 1:48pm PDT

Look out Facebook!” the News Corp CEO wrote today in a tweet. “Hours spent participating per member dropping seriously. First really bad sign as seen by crappy MySpace years ago.” Easy to see why he’s still smarting over the “crappy” asset that he bought in 2005 for $508M and sold two years ago for $35M. But his warning also reflects the passion Facebook inspires among supporters and critics alike on the anniversary of its ill-fated initial public offering at $38 a share. The stock closed today at $26.25 — down 31.3% — and has been pretty much flat for more than five months. Bears say that Facebook can’t sustain its torrid growth as it faces potent competitors — including Google, Twitter and Tumblr —  and a shift among users from personal computers to advertising unfriendly small screened mobile phones and tablets. “Facebook is now scrambling to boost revenues through bigger ads that take over the entire screen,” BTIG’s Rich Greenfield notes today. He contrasts that to Google+, a social network that “is not out to harm the user experience through disruptive, annoying, spammy ads, they simply want the data to improve search and other products.” Read More »

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Facebook Touts Mobile Gains In Q1 Earnings

By | Wednesday May 1, 2013 @ 2:55pm PDT

Facebook‘s Mark Zuckerberg and Sheryl Sandberg were bullish about mobile ads and the apps that help drive them during the company’s Q1 earnings call today. Facebook posted revenue of $1.46B for the quarter, up 38% from Read More »

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Accel Partners’ James Breyer Will Leave Facebook Board

By | Friday April 26, 2013 @ 2:23pm PDT

One of Silicon Valley’s top investors — and a key, early supporter of Mark Zuckerberg’s social network company — won’t stand for re-election at the June 11 annual meeting, Facebook says in an SEC filing. James Breyer has been … Read More »

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Will Facebook Home Become An Ad Platform And Lead To A War With Google?

By | Friday April 5, 2013 @ 9:34am PDT

These are among investors’ top concerns following Facebook’s unveiling yesterday of its Facebook Home smartphone super-app, which will put its services front and center on Google‘s Android operating system. It’s an important initiative for Facebook. Many on Wall Street fear that the social network company is caught in a dilemma: It needs to sell ads, but will turn off lots of smartphone and tablet users if it clutters their small screens with sales pitches. That’s why Sterne Agee’s Arvind Bhatia says that early versions of Facebook Home will be ad-free, but “over time the ‘Home’-based home screen will start to display very relevant, targeted, slightly larger, and visually appealing ads –all positive for ad rates.” If that happens then “Facebook Home will be a lot less appealing to consumers,” BTIG’s Rich Greenfield says. Even without the ads, he wonders whether many users want their news feeds prominently displayed on their home screens noting that “always on pictures from what you/your friends/your family did last night could be a wee bit embarrassing when you turn on your phone next to someone.” He and others also want to see whether Google will see Facebook Home as a threat. Read More »

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Facebook Intros Android Smartphone Makeover

By | Thursday April 4, 2013 @ 1:28pm PDT

David Bloom is a contributor to Deadline Hollywood

The software-only adaptation will “turn your Android phone into a great social device,” Facebook CEO Mark Zuckerberg says during an event today’s at the company’s HQ. Read More »

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Netflix Offers U.S. Subscribers Opportunity To Link Accounts With Facebook

By | Wednesday March 13, 2013 @ 7:46am PDT

This will “make it easier and more fun to find TV shows and movies to watch and discuss with friends,” Netflix says this morning. Starting today, streaming subscribers in the U.S. can add “Friends’ Favorites” and “Watched by your friends” rows to their search screens. They can choose whether to share info about the videos they watch just in Netflix, or to also add Facebook. By the end of this week, Netflix says the social network tie-ins will be available to all of its U.S. members. The features have been available in other countries for more than a year; Congress’ amendment in January to the 1988 Video Privacy Protection Act made it possible to introduce them here. ”There are few better ways to find a movie or TV series you’ll love than hearing about it from your friends,” says Tom Willerer, Netflix VP Product Innovation. The company says that members will have to opt in if they want the Facebook integration: They can go to ”Social Settings” on Netflix.com to make the change. Read More »

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Facebook Unveils Visually Rich Revamped News Feed

By | Thursday March 7, 2013 @ 10:12am PST

The leading social network appears to have heard the complaints from marketers, including many in Hollywood, who say that their stuff often is lost in Facebook News Feeds that are awash with clutter. Pictures and images will become a lot … Read More »

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Brett Ratner Boards ‘FarmVille’ Animated Series

By | Thursday February 7, 2013 @ 11:04am PST

Brett Ratner has joined with Six Eleven Media to produce a TV version of the successful online game FarmVille. The Hercules director and the Canadian production company aim to make a half hour animated series … Read More »

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Facebook Shares Fall And Then Rebound After Q4 Earnings Beat Expectations

By | Wednesday January 30, 2013 @ 1:11pm PST

There’s something in Facebook’s Q4 report that made investors nervous. The stock initially fell 7% in after hours trading before recovering to be virtually flat after the social networking company reported Q4 results that topped forecasts. Not including one-time expenses, … Read More »

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Facebook Plans Feature For Users To Search Shared Info

By | Tuesday January 15, 2013 @ 10:31am PST

The social media company calls this Graph Search — and CEO Mark Zuckerberg says it’s different from conventional Web search: The service, still in the beta testing phase, will just include information that Facebook users or friends have posted and shared with each other. For example, people could look for “friends who like Star Wars and Harry Potter,” or “photos of my friends before 1990,” he says. Results will only include information that’s already available to the user, with a special emphasis on people, photos, interests, and places. “Graph Search will appear as a bigger search bar at the top of each page,” the company says on a web site describing the plan. “When you search for something, that search not only determines the set of results you get, but also serves as a title for the page. You can edit the title – and in doing so create your own custom view of the content you and your friends have shared on Facebook.” Graph Search will begin in English, with other languages to come later. The company is working on a mobile application, and on ways for users to fine-tune the information that they make available. Facebook could use some fresh energy: The number of active users in the U.S. dropped by 1.4M last month, monitoring firm SocialBakers says according to a report on MarketWatch. Read More »

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Zynga Shares Zinged After It Relaxes Its Relationship With Facebook

By | Thursday November 29, 2012 @ 3:30pm PST

The stock price for the maker of Farmville and CityVille is down more than 12% in after hours trading, continuing a downward trend that has slashed Zynga‘s market value more than 72% since it went public Read More »

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MPAA’s Chris Dodd Says Facebook Rumor Illustrates Need For Copyright Protection

By | Tuesday November 27, 2012 @ 3:33pm PST

If you’re on Facebook, you’ve probably seen a statement loaded with legalese that users post hoping to create a copyright protection for their content. It’s based on a belief that the social network company changed its rules … Read More »

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Deadline Big Media With David Lieberman, Episode 11

Listen to episode 11 of our audio podcast “Deadline Big Media, with David Lieberman.” This week, Deadline Executive Editor David Lieberman and host David Bloom discuss why Facebook is winning back some friends on Wall Street; why Big Media companies are going batty for baseball broadcast deals; how Black Friday may not be enough to pull Best Buy into the black, and what it may mean for Hollywood; and how the fall of Rise Of The Guardians in its opening weekend box office may be a challenge for DreamWorks Animation.

Deadline Big Media Episode 11 (MP3 format)
Deadline Big Media Episode 11 (M4A format) Read More »

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