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Tag Archives | social networks

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Facebook makes another multi-million dollar purchase

Facebook continues its buying spree with another multi-million dollar purchase. TechCrunch is reporting Facebook is ponying up between $400-500 million for LiveRail, an advertising company, which focuses on video ads that appear on the web and mobile devices.  The social network announced the acquisition on its website yesterday. “We believe that LiveRail, Facebook and the premium publishers it serves have an opportunity to make video ads better and more relevant for the hundreds of millions of people who... Read More →

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Movie reel and popcorn graphic

Entertainment Bits

“Transformers 3”  makes $21 million on Thursday “Transformers 3” is packing them at movie theaters. Yesterday, the sci-fi  flick scored $21 million  — bringing its two-day haul to around $60 million. The question now is how close to $200 million will the film get before the fireworks celebrations wrap up on July 4th? “Thor 2” on the way “Thor ” is still playing in theaters, but a sequel is already in the works.  So far, “Thor” has earned close to $178 million at the domestic box office. “Thor... Read More →

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Photo: PRNewsFoto/TIME Magazine --Facebook founder Mark Zuckerberg TIME's 2010 Person of the Year

TIME Magazine’s 2010 Person of the Year

2010 is the year of Facebook. The powerhouse Internet social network cleared the 500 million users milestone last July. Also, the Facebook movie,  ” The Social Network,” hit theaters in October. It was a hit with moviegoers and critics and now has Oscar buzz.   Today TIME Magazine announced, Facebook founder and CEO, Mark Zuckerberg, is the 2010 Person of the Year. In a PRNewswire release, TIME editor Rick Stengel explained Zuckerberg rated the honor for a number of reasons: “For connecting more than half-a-billion people and mapping the social relations among... Read More →

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The Social Network movie poster

“The Social Network” most popular at Box Office

  The story of Internet social network juggernaut, Facebook, pulled in the most moviegoers at theaters this weekend. “The Social Network” debuted with an estimated $23 million to become the number one film in the country. The drama is loosely based on Ben Mezrich’s book, “The Accidental Billionaires”  (2009). The story centers on how Mark Zuckerberg, as a young Harvard University undergraduate, founded Facebook in his dorm room back in 2004. Today the mega-website has become a huge part of the Internet experience for millions. The movie stars Jesse Eisenberg, Andrew Garfield,... Read More →

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Aaron Sorkin goes from politics to Facebook

Prolific writer/producer Aaron Sorkin is apparently trying to get some real-life experience for his new screenplay. According to Variety, Sorkin has set up a personal page on the popular Internet social network, Facebook. Sorkin is working on a script about the evolution of Facebook, from its humble beginnings in 2004 as an idea by Harvard sophomore Mark Zuckerberg to more than 60 million members, a few years later.  Also, the script will show how the sudden wealth changed the lives of Zuckerberg and his pals who helped get Facebook... Read More →

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Some MySpace users can’t connect

There is a glitch on the popular social network MySpace today. I was talking with a counter clerk in the Central Burbank Library this afternoon and overheard a young man complain to another clerk that the computer he was using, “was broken.” The clerk calmly asked what website he was on. “MySpace,” the man replied. He was then told the site was having problems accepting user passwords. Apparently, the problem had been going on all day. In January 2008, the Los Angeles based MySpace reported more than 110 million monthly... Read More →

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