by Free Britney at . Comments

Facebook's botched IPO might be the least of its problems.

Surveys say that while it remains the undisputed king of social media, a significant number of users are bored and tuning out the site these days.

According to a new poll by Reuters and research firm Ipsos, roughly a third of Facebook users, and climbing, are feeling increasingly "meh" about it.

The poll of 1,000 Americans also showed that 80 percent of Facebook users have never purchased a product or service because of an ad on there.

Facebook Boredom

Whatever advertising techniques companies are currently using to grab your cash simply isn't working, in other words ... not good news for Zuck.

Unsurprisingly, the survey found that users between the ages of 18-34 were the most active, while just 29 percent of people over 55 are on it.

People who spend a great deal of time on the network are more frequently becoming victims of what the researchers call "Facebook fatigue."

This leads them to spend less and less time checking in with friends and browsing the profiles of their peers, instead turning their attention elsewhere.

What do you think? Have your Facebook habits changed? Do you use other social media platforms more now, and if so, which? And why?

NOTE: You can FOLLOW THG on Twitter and Google+ as well as Facebook for your celebrity gossip and news needs, however you like them!

by Free Britney at . Comments

Word to the wise: Do not do this, even in jest.

Joaquin Amador Serrapio Jr., a Miami college student, plans to plead guilty in federal court to threatening President Barack Obama on Facebook.

His attorney says he intends to plead guilty to one count of threatening to kill or harm the president. Just a figure of speech, you're thinking?

Not really. He threatened to "put a bullet in the president's head." And asked if any of his friends "wanted to help" in a presidential assassination.

Mr. President

Serrapio, 20, faces a maximum five-year prison sentence, but is not likely to receive that. He attends Miami-Dade College ... for now anyway.

There's no indication that Serrapio intended to act on the threats, but still. One can see how his word choice might have indicated otherwise.

When Ted Nugent looks tame compared to you, it might be time to tone it down.

by Free Britney at . Comments

Safe to say technology doesn't necessarily make criminals any smarter.

A band of Colombian hooligans robbed an Internet cafe recently, at gunpoint. According to the Colombian newspaper El Tiempo, the alleged thieves pretended to be cafe customers before pulling out weapons and cleaning out the register.

That left some down time, however, and it was their undoing.

Robber

No, this is not the actual guy. But we like to imagine he dressed like this.

One member of this roving, non-tech-savvy band of hooligans couldn't resist checking his Facebook account from one of the computers, which he then left open.

Having forgotten to log out of Facebook, police found his name, then quickly matched it to an address and met him at his house, where they busted him.

This first-ballot Dumb Criminal Hall of Fame inductee made it a banner day in the history of law enforcement. Rarely is an arrest gift-wrapped quite like that.

by Free Britney at . Comments

Quite the week for Mark Zuckerberg.

The Facebook founder and CEO married his longtime girlfriend Priscilla Chan in a casual, intimate wedding at his Palo Alto, Calif., home on Saturday.

The couple, both 28, met at Harvard and have been going steady for nine years. They got hitched in front of about 100 family members and friends.

Priscilla Chan and Mark Zuckerberg

The wedding guests reportedly thought they had gathered merely to celebrate Chan's graduation from medical school at the University of California.

Surprise, surprise.

Just one day earlier, Mark made one of the most anticipated moves in finance history in Facebook's IPO, taking his company public at last.

A company spokeswoman said Zuckerberg designed the wedding ring for Priscilla Chan himself, and it featured "a very simple ruby."

And yes, Zuckerberg made it official and public by, of course, changing his status on Facebook from "In a Relationship" to "Married."

He also shared the cute pic above. Congrats!

by Free Britney at . Comments

Call it the most disappointing $16 billion raised in investment history.

Facebook stock is off to a rocky start after its highly anticipated initial public offering (IPO), jumping more than 10 percent in the first few minutes of trading before sellers swept into the market and that gain evaporated.

“The stock is trading right at the IPO price,” one expert told the L.A. Times. “They didn’t want that in a million years. A traditional IPO is up 10% or 15%.”

Zuckerberg Rings Bell

The stock most recently hovered at about $40, only $2 above what shares were priced at late Thursday. Shares touched $38 multiple times during trading.

Investors also had to deal with a nearly three-hour delay for the stock to open. The Nasdaq kept the stock halted as it processed a crush of buy and sell orders.

The inauspicious opening after the Facebook IPO suggests that retail investors paid close attention to reports of soft financials and big selling by insiders.

Still, Facebook raised $16 billion in what will go down as the third-largest public offering in U.S. history and the biggest ever for a technology company.

Could be worse, right? Facebook founder and CEO Mark Zuckerberg rang the Nasdaq opening bell from company headquarters in Menlo Park, Calif.

Eduardo Saverin, one of the company's co-founders, made news this week by giving up U.S. citizenship as a means of limiting his tax liability.

by Free Britney at . Comments

Eduardo Saverin, the billionaire Facebook co-founder portrayed by Andrew Garfield in The Social Network, is no longer an American citizen.

Saverin, 30, renounced the U.S. citizenship he gained as a teenager in advance of the company's impending IPO, a move met with criticism.

He's accused of trying to skip out on taxes with the move, though the Brazilian-born resident of Singapore has done nothing illegal at any point.

Saverin

Eduardo Saverin co-founded Facebook at age 21, was forced out two years later, sued CEO Mark Zuckerberg and ultimately settled out of court.

He was given a share of the company that left him phenomenally wealthy.

His stake, 4 percent of the company, will most likely be worth more than $3 billion when Facebook goes public Friday. Hence his exit now.

Saverin joins a growing number of people giving up U.S. citizenship, a move that can trim their tax liabilities when residing in lower-tax nations.

Said Tom Goodman, a spokesman for Saverin, in an e-mailed statement:

“Eduardo recently found it more practical to become a resident of Singapore since he plans to live there for an indefinite period of time.”

Continue Reading...

by Free Britney at . Comments

Rihanna's showing off her body - there's a big stunner for you - in a new photo posted on Facebook. It's from her recent video shoot. Like you care.

The 24-year-old, in behind-the-scenes photos from the set of her "Where Have You Been" music video, is completely topless. Nothing unusual.

Her breasts are covered by reptile scales, though. That's unusual ...

Rihanna Naked Video Pic

In the video, Rihanna and a slew of shirtless men adventure through a swamp, which good explain the reptilian theme for part of the extravagant effort.

The star's latest topless shot isn't the first time she's left little to the imagination ... this month. Not even two weeks ago, she was grinding at a strip club.

She also took her top off in Hawaii, played with white powder on her bodyguard's head, etc. There's a reason she's Top 10 worldwide in Twitter fans.

One cautionary note, though. Why would Hugh Hefner want to pay $1 million for Rihanna in Playboy if she's already giving it away for free 24/7?

Think about it, Rih. Leave 'em wanting more.

by Free Britney at . Comments

Controversy over Mark Zuckerberg's hoodie abated Friday as he turned investors' attention to more important matters at a presentation in Palo Alto, Calif.

Chief among them? Improving Facebook's mobile application.

About 200 investors showed up at an IPO presentation to quiz Zuckerberg about generating revenue from mobile users, crucial for long-term fiscal growth.

Zuckerberg and Sheryl Sandberg, Facebook's COO, said overall advertising is gaining steam, with most marketers increasing their spending with Facebook.

Zuck

The executives, who appeared on stage alongside CFO David Ebersman, highlighted social ads as an important tool for Facebook to tackle mobile challenges.

The ads, incorporating information about Facebook users' friends who "like" certain products, are better-suited to the smaller screens of smartphones.

More than half of Facebook's users currently use it from phones.

Continue Reading...

by Free Britney at . Comments

This is probably not what Geraldo Rivera meant when he bashed hoodies.

Facebook CEO Mark Zuckerberg has reportedly not impressed investors with his business savvy this week, and his signature sweatshirt has become emblematic of some long-held criticisms plaguing the online wunderkind.

In New York to woo investors for Facebook's IPO, Zuckerberg hasn't won over fans, fueling long-held rumors that for all his technical, innovative brilliance, Mark is an aloof, awkward guy who can't get it together for the suits.

Mark Zuckerberg, Hoodie

He shows up late for meetings or not at all. And when he does make it, his laid-back outfits (see hoodie above) haven't helped, coming off as shlubby.

"Mark and his signature hoodie: He’s actually showing investors he doesn’t care that much; he’s just going to be him," Michael Pachter, an analyst for Wedbush Securities said in an interview on Bloomberg TV.

"I think that’s a mark of immaturity. I think that he has to realize he’s bringing investors in as a new constituency right now, and I think he’s got to show them the respect that they deserve because he’s asking them for money."

Hoodies seem to have a lot of "meaning" these days, as we know, but this is a new spin. What do you think? Should Zuck wear 'em to meetings?

 

by Free Britney at . Comments

An ill-advised Facebook comment allegedly led to a 30-woman brawl involving baseball bats, a smashed glass candle crudely wielded as a weapon, and resulting in two serious injuries in Sacramento, Calif., this week.

Officer Michele Gigante of the Sacramento Police said a post on one man's Facebook page was the culprit. His wife allegedly wasn't fond of its salacious nature, which apparently instigated (somehow) a multi-woman showdown.

FB fight

Cops claim that Facebook played a role beyond the man flirting with another woman besides his wife. Some participants used FB to organize the fight.

The participants looked "angry and out of breath," according to one eyewitness, who adds that several individuals were hurt after the epic melee.

One imagines that things like this never used to happen. But of course they did. They just didn't benefit from the virtual megaphone and fine organizational possibilities offered to breathlessly angry mobs by Facebook's mere existence.

Thank you, Mark Zuckerberg. Thank you.

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