Submitted by -Mezzo- 1063d ago | article

How Facebook cashes in on you

SMH - For better or worse, this will go down as the year that Facebook really put a dollar sign in front of its users.

The technology company has been under immense pressure from investors to come up with ways to make money from its product, which has led to a fundamental shift in how it operates. When the company first filed to go public in February, CEO Mark Zuckerberg stated very clearly that profit is not his or the company's first priority. "Simply put: we don’t build services to make money; we make money to build better services," he wrote in the public filing. Eight months and plenty of bad stock trading days later, Zuckerberg revealed in an earnings call that every team at Facebook is now responsible for coming up with a revenue strategy for their product. (Facebook, Web)

-Mezzo-  +   1064d ago
Guess who has his Facebook account deactivated.

This was very easy to do after joining G+.
geth1gh  +   1063d ago
That's like going from coke to heroin.

Just stop using social media. With it now legal to retain EVERYONES web data for years it's becoming to big a ploy for big brother imo.

Don't think everyone doesn't mean everyone either. They are currently in the process of building a state of the art facility here in the usa that will do just that. Supposedly operational next fall but who knows what's already being recorded.
#1.1 (Edited 1063d ago ) | Agree(2) | Disagree(0) | Report | Reply
KingPin  +   1063d ago
facebook charging $1 to message someone you dont know.

or i could go out in real life and chat to hot chicks for free. hmmmmm interesting.
caseh  +   1063d ago
'facebook charging $1 to message someone you dont know.

or i could go out in real life and chat to hot chicks for free. hmmmmm interesting.'

The idea is aimed at legit companies who are willing to pay for their adverts to be received by Facebook users as genuine messages rather than spam.

Not sure where you got idea of talking to hot chicks for free from despite it being irrelevent.
Tzuno  +   1063d ago
Facebook will become a great mess.

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