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Category: Facebook

Facebook’s IPO – this is where the story really starts

Facebook’s IPO – this is where the story really starts

Guest Blog by Imogen Reed. Facebook, known of course as the world’s most popular social network for both business and personal purposes, officially became a public company on 18th May, trading its stock on the Nasdaq Stock Market for the first ever time. For investors in the company, they could finally see if their initial investment had grown into something more profitable as finally a dollar sign will be placed in front of the company which changed the way we use…

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Facebook’s New Terms of Service – they own your data forever!

Facebook’s New Terms of Service – they own your data forever!

Thank to The Consumerist for this, which I’d missed at the time. Facebook revised it’s Terms of Service on 4th February 2009 which gives it almost limitless rights to do what it wants with your data…forever, regardless of whether you decide to terminate your account. Facebook’s terms of service (TOS) used to say that when you closed an account on their network, any rights they claimed to the original content you uploaded would expire. Not anymore. Now, anything you upload…

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