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Social Networking Bullseye Pro - build massive social networks to generate leads with keywords - Video

If some kids are turned off by Facebook because their parents are on it, now they might be even more horrified: Grandparents are flocking to the social networking site.

For the first time, more than half of all online adults 65 and older in the U.S. use Facebook56 percent specificallyaccording to a Pew Research Center survey. That represents 31 percent of all seniors, according to Pew, which surveyed 2,003 American adults by cell and landline this past September.

On the whole, Facebook saw little change in its membership from 2013 to 2014, Pew said, but the rising adoption among older adults was an exception.

Usage of Facebook among seniors has been creeping up since at least 2012. In late 2013, 45 percent of seniors using the Internet were on it, up from 35 percent in 2012.

We know from previous research that social networking sites provide seniors with links to social support and that they value the way social media helps them to say connected to friends and family, said Lee Rainie, director of Internet, science and technology research at the Pew Research Center. Pew released other findings last year showing that seniors are increasing their use of the Internet overall.

And, while some older adults might not initially understand the benefits of joining social media sites, as social media use becomes more common, seniors may have more friends and family who can help them overcome technology barriers, Rainie said.

Then there are seniors who are tech savvy.

I have long been into media of all kinds, led there by my digital approach to Shakespeare, said Richard Regan, a retired English professor who taught Web-enhanced courses that incorporated streaming video of different Shakespeare plays.

However, he added that Facebookand Apples FaceTimehelps him keep in touch with family and friends.

To be clear, Facebook is still the most popular social network, with 71 percent of all Internet users on it, but that level of usage is unchanged from 2013. Other services like Twitter, Pinterest and Facebook-owned Instagram saw healthy growth in usage between 2013 and 2014, according to Pew.

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Forget Medicare and Social Security: Seniors are embracing Facebook

It's the Facebookification of financial investing.

From social networking platforms that allow young investors to follow each other's stock-picking mojo, to websites for first-timers hungry for a piece of the Silicon Valley VC pie, to mobile apps that let 20-something hipsters find equally hip financial planners, the Millennial generation is embracing new tech tools to put their newfound wealth to work.

And while some experts worry that tech-obsessed newbies will repeat their elders' mistakes by following the virtual stock-picking herd, many others believe the furious pace of innovation in financial technology will fundamentally change the way this new generation of investors tries to make its money grow.

Greg Thomas, 27, checks his stocks performance on the Tip'd Off app at home in Sunnyvale, Calif., on Wednesday, Dec. 24, 2014. (LiPo Ching/Bay Area News Group) ( LiPo Ching )

Instead of getting that hot stock tip from a friend on the golf course, then pondering and eventually calling a broker to buy shares the old-fashioned way, they can with a few clicks of a smartphone app instantly bring up a company's financial numbers and analysts' reports as well as advice from a sprawling network of fellow investors. And a recent study showed that Millennials -- a group defined as people reaching adulthood around the year 2000 -- prefer using online tools to do their investing more than other age groups.

"A lot of people my age are hesitant about jumping into the markets just a few years after the recession," said 27-year-old Sunnyvale investor Greg Thomas, who works in accounting. "But more and more of us are using social media tools to swap tips, and it's nice to learn together. It almost feels like a classroom where you can share ideas with people your own age and together see what works and what doesn't."

Thomas' go-to guide is called Tip'd Off. The Bay Area social networking startup's website and soon-to-be-launched mobile app describes its platform as a place where investors of all levels of experience can gather to share tips and information, show off their own brokerage portfolios, and maybe even mimic those who seem to have a knack for picking winners.

Greg Thomas, 27, poses for a portrait with the Tip'd Off app on his computer screen at home in Sunnyvale, Calif., on Wednesday, Dec. 24, 2014. (LiPo Ching/Bay Area News Group) ( LiPo Ching )

CTO Ankush "Koosh" Saxena, who at 25 has already earned a master's degree in electrical engineering, interned at Stanford's linear accelerator and worked full-time at Lockheed, said Tip'd Off brings a sense of ease and transparency to Millennials whose trust was shaken by the financial excesses and failings that spawned the Great Recession.

"We saw that Millennials tended to be overly conservative," he said, "so we wanted to give them a tool to learn more about investing over a medium they were already comfortable with."

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Millennials use tech tools to jump into investing

It's the Facebookification of financial investing.

From social networking platforms that allow young investors to follow each other's stock-picking mojo, to websites for first-timers hungry for a piece of the Silicon Valley VC pie, to mobile apps that let 20-something hipsters find equally hip financial planners, the Millennial generation is embracing new tech tools to put their newfound wealth to work.

And while some experts worry that tech-obsessed newbies will repeat their elders' mistakes by following the virtual stock-picking herd, many others believe the furious pace of innovation in financial technology will fundamentally change the way this new generation of investors tries to make its money grow.

Greg Thomas, 27, checks his stocks performance on the Tip'd Off app at home in Sunnyvale, Calif., on Wednesday, Dec. 24, 2014. (LiPo Ching/Bay Area News Group) ( LiPo Ching )

Instead of getting that hot stock tip from a friend on the golf course, then pondering and eventually calling a broker to buy shares the old-fashioned way, they can with a few clicks of a smartphone app instantly bring up a company's financial numbers and analysts' reports as well as advice from a sprawling network of fellow investors. And a recent study showed that Millennials -- a group defined as people reaching adulthood around the year 2000 -- prefer using online tools to do their investing more than other age groups.

"A lot of people my age are hesitant about jumping into the markets just a few years after the recession," said 27-year-old Sunnyvale investor Greg Thomas, who works in accounting. "But more and more of us are using social media tools to swap tips, and it's nice to learn together. It almost feels like a classroom where you can share ideas with people your own age and together see what works and what doesn't."

Thomas' go-to guide is called Tip'd Off. The Bay Area social networking startup's website and soon-to-be-launched mobile app describes its platform as a place where investors of all levels of experience can gather to share tips and information, show off their own brokerage portfolios, and maybe even mimic those who seem to have a knack for picking winners.

Greg Thomas, 27, poses for a portrait with the Tip'd Off app on his computer screen at home in Sunnyvale, Calif., on Wednesday, Dec. 24, 2014. (LiPo Ching/Bay Area News Group) ( LiPo Ching )

CTO Ankush "Koosh" Saxena, who at 25 has already earned a master's degree in electrical engineering, interned at Stanford's linear accelerator and worked full-time at Lockheed, said Tip'd Off brings a sense of ease and transparency to Millennials whose trust was shaken by the financial excesses and failings that spawned the Great Recession.

"We saw that Millennials tended to be overly conservative," he said, "so we wanted to give them a tool to learn more about investing over a medium they were already comfortable with."

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Millennials use tech tools to invest

A Social Media mind | Franklin Boateng | TEDxTottenham
This talk was given at a local TEDx event, produced independently of the TED Conferences. Franklin discusses the power of social media and how this is the new language of today #39;s youth culture....

By: TEDx Talks

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A Social Media mind | Franklin Boateng | TEDxTottenham - Video