Archive for the ‘Social Networking’ Category

Facebook: Is this any place for the not-so-self-assured to make friends?

Facebook, the social networking giant that connects 845 million people to one another, may be a jolly gabfest for the self-assured. But for those who suffer from low self-esteem, it appears to be a rather nasty trap, luring such people into self-disclosures that prompt many a Facebook friend to agree with their low opinion of themselves.

A new study, set to be published in the journal Psychological Science, explored the dynamics of friendship on Facebook to see what benefits or pitfalls the site might offer to a population that could use the propping up of a few new friends: those who think poorly of themselves, fear judgment by others and are prone to social isolation and depression.

Enlisting a slew of undergraduates for three separate studies, they found that those with low self-esteem are encouraged and emboldened by Facebook's capacity to provide a forum for social interaction that doesn't risk awkward face-to-face communication. They established that, given the opportunity for such social interaction, those with low-esteem do engage in the kind of self-disclosure that is thought essential for friendships to take hold and deepen.

But they also gleaned that the messages broadcast to Facebook friends by those with low self-esteem follow a pattern seen in their face-to-face interactions: Like Winnie the Pooh's friend Eeyore, they tend to issue glum, pessimistic status updates. And among strangers and Facebook friends alike, those dreary Facebook postings did not inspire a desire to make or deepen a friendship with the person.

In short, much as those with a low negative self-image could use the friends, they tend to use Facebook "in a manner that may push others away," wrote the authors, a group of psychologists from the University of Waterloo in Canada.

"It is ironic that feeling safe enough to disclose on Facebook may encourage [those with low esteem] to disclose things that could lead to the very rejection they fear," the authors conclude.

In a finding that many readers may recognize, the group further discovered that when people with a high opinion of themselves issue status updates that are discouraged, sad or angry (in short, when their posts defy expectations), their Facebook friends tend to swarm them with expressions of comfort and support. On the bright side, when those with low self-regard post updates that are uncharacteristically upbeat, they too are rewarded with electronic expressions of friendship.

"We do not advocate being inauthentic," the authors write. But if social networkers who lack self-confidence want to use Facebook to get around their social anxieties, they might want to accentuate the positive. "Rather than posting phony positive updates, [those with low self-esteem] might try sharing more of the positive things that do happen to them, and try being selective about what negative things they post."

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Facebook: Is this any place for the not-so-self-assured to make friends?

5 Top Social Networking Sites / Why You Should Use Them – Video

19-12-2011 18:19 http://www.CherysOnlineGamePlan.com 5 Top Social Networking Sites / Why You Should Use Them Using Social Networking sites can help you generate qualified leads for your home based business, I have set some guidelines below you to get some ideas to help you get started. Facebook is the most popular social networking site where you can connect with friends and family. People use Facebook to keep up with friends, download and look at others photo's, it is a great way to meet new friends. They even have a chat feature you can use while on the site. Facebook also allows users to create pages for businesses, products, or brands. You can create your Facebook fan page to promote yourself, your home based business or just about anything of interest to you and others. Twitter is a micro blogging site, which means people can get there ideas out without spending much time doing it. Twitter limits answers to 140 characters. A nice feature with twitter is that you can get tweets on you computer or your mobile phone. If you have a home based business you can put your link into your message, this is an excellent way to get free exposure for yourself, especially if you have a few followers. Myspace is loosing popularity but it is still a great place to meet new friends. They have enabled you to integrate your activity to your Twitter and Facebook accounts, to attract and show others that you are still on myspace. You can share messages, photo's, promote movies, listen to music and write blogs on ...

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5 Top Social Networking Sites / Why You Should Use Them - Video

Judge Eugene Hyman "Facebook and Family Law" – Video

30-01-2012 17:09 Forgot to de-friend your wife on Facebook while posting vacation shots of your mistress? Her divorce lawyer will be thrilled. Oversharing on social networks has led to an overabundance of evidence in divorce cases. The American Academy of Matrimonial Lawyers says 81 percent of its members have used or faced evidence plucked from Facebook, MySpace, Twitter and other social networking sites, including YouTube and LinkedIn, over the last five years. "Oh, I've had some fun ones," said Linda Lea Viken, president-elect of the 1600-member group. "It's very, very common in my new cases." Facebook is the unrivaled leader for turning virtual reality into real-life divorce drama, Viken said. Sixty-six percent of the lawyers surveyed cited Facebook foibles as the source of online evidence, she said. MySpace followed with 15 percent, followed by Twitter at 5 percent. About one in five adults uses Facebook for flirting, according to a 2008 report by the Pew Internet and American Life Project. But it's not just kissy pix with the manstress or mistress that show up as evidence. Think of Dad forcing son to de-friend mom, bolstering her alienation of affection claim against him. "This sort of evidence has gone from nothing to a large percentage of my cases coming in, and it's pretty darn easy," Viken said. "It's like, `Are you kidding me?'" Neither Viken, in Rapid City, SD, nor other divorce attorneys would besmirch the attorney-client privilege by revealing the identities of clients, but ...

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Judge Eugene Hyman "Facebook and Family Law" - Video

Holes In Facebook’s IPO Filing – Video

01-02-2012 20:20 Forbes editors on what you need to know about the social networking giant's bottom line. Forbes Markets: http://www.forbes.com The Tech Trade: blogs.forbes.com Social Markets: blogs.forbes.com

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Holes In Facebook's IPO Filing - Video

Social-networking giant Facebook files papers for $5 billion IPO this spring

Facebook CEO Mark Zuckerberg, 27, delivers a keynote speech during a conference in September. (Kimihiro Hoshino, Agence France-Presse)

MENLO PARK, calif. — In a milestone for one of Silicon Valley's hottest companies, Facebook on Wednesday filed papers announcing a $5 billion initial public offering of stock in the world's biggest social-networking business.

The stated size of the offering is smaller than expected, after weeks of speculation by analysts and industry observers who predicted Facebook might seek up to $10 billion. But documents indicated the figure is preliminary; the company could revise the numbers as it prepares to begin selling stock this spring.

With the filing of its initial prospectus, stating that it intends to trade under the symbol FB, Facebook is officially launching Silicon Valley's most widely anticipated stock offering in recent years. For the Menlo Park, Calif., company and 27-year-old co-founder Mark Zuckerberg, it represents an official transition from wildly successful startup to corporate giant.

Industry sources expect the stock offering will set Facebook's overall value at $75 billion to $100 billion. The papers filed Wednesday do not specify a price or how many shares are being offered, although they indicate the company will have two classes of shares. The company is expected to release those numbers in coming weeks.

But the filing provides a glimpse into Facebook's operations and finances, which the privately held company has closely guarded until now. For example, the company disclosed it earned $1 billion in profit on $3.7 billion in revenue last year, after sales rose 88 percent from 2010.

Facebook first turned a profit in 2009, when it earned $229 million on $777 million in sales, according to the filing. And the company is not hurting for cash. At the end of 2011, Facebook had $3.9 billion in cash and marketable securities, up from $1.8 billion at the end of 2010.

Zuckerberg, who serves as chief executive, owns 28.2 percent of Facebook — a share that is significantly higher than previous reports have indicated.

Given the company's high profile and profitability, however, his compensation was relatively modest last year: It totaled $1.5 million, which includes the $692,679 it cost Facebook for Zuckerberg and his friends and family to fly on a chartered airplane. Facebook paid Zuckerberg $483,333 in salary last year and gave him a $220,500 bonus.

At the end of 2011, Facebook had 845 million users who accessed the site at least once a month and 483 million users who visited on a daily basis.

Zuckerberg highlighted that growth in a letter to potential investors, in which he vowed "Facebook was not originally created to be a company. It was built to accomplish a social mission — to make the world more open and connected."

While there have been larger IPOs in the tech industry, an initial offering of $5 billion would still outrank any other Internet-based company's debut, including Google's initial offering in 2004 of nearly $1.7 billion. Morgan Stanley was listed as the lead underwriter of the stock offering, after beating out Goldman Sachs for the lucrative fees that go with the position. Goldman and several other firms will also participate, however.

The IPO is expected to create between 500 and 1,000 millionaires among Facebook employees with company stock.

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Social-networking giant Facebook files papers for $5 billion IPO this spring