530°
Submitted by -Mezzo- 951d 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-  +   951d ago
Guess who has his Facebook account deactivated.

This was very easy to do after joining G+.
geth1gh  +   950d 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 950d ago ) | Agree(2) | Disagree(0) | Report | Reply
KingPin  +   951d 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  +   950d 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  +   950d ago
Facebook will become a great mess.

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
40°

How Google quietly revved up its very own car company

8h ago - The Guardian: Documents obtained by the Guardian reveal the tech giant created Google Auto LLC to... | Industry
40°

Intel Skylake Core i7-6700K and Core i5-6600K Being Sold in Australia Unofficially

12h ago - WCCFTech: The first Skylake Core i7-6700K and Core i5-6600K are now available for sale on Amazon... | PC hardware
Ad

Follow TechSpy on Twitter

Now - You can now follow TechSpy on twitter and get the hottest news of the day as well as early contest announcements. | Promoted post
40°

T-minus 12 days to perihelion, Rosetta's comet up close and in 3D

12h ago - With just 12 days before Comet 67P/Churyumov-Gerasimenko reaches perihelion, we get a look at rec... | Culture
40°

Small tilt in magnets makes them viable memory chips

12h ago - University of California, Berkeley, researchers have discovered a new way to switch the polarizat... | Culture
40°

Gigabyte Launches New GTX 970 Twin-Turbo Graphics Card

12h ago - TechFrag - When GTX 970 was launched back in Sep 14, it attracted a lot of consumer base mainly b... | PC hardware