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More Teens are on Tumblr than Facebook or Instagram, Survey Finds (SocialTimes)
Facebook is starting to show its age, according to a recent survey of younger social media users. The shocker? Tumblr was the most popular network, beating out not only Facebook, but also its newly acquired image-sharing site, Instagram. BuzzFeed That is not good for Facebook, and it’s hard to imagine how they could turn that number around, especially with sites like Snapchat appearing out of nowhere. Another takeaway, which perhaps should have been obvious: Every social network is used more by teens than by young adults. NBC Garry Tan, a tech investor and former cofounder of Posterous, used Survata, a startup, to do the survey, and it’s based on 1,038 respondents. Survata cofounder Aaron Wenger wrote, “Usage levels were higher among 13- to 18-year-olds than 19- to 25-year-olds for every social network. The biggest differences were for Snapchat (13 percent for 13- to 18-year-olds versus 4 percent for 19- to 25-year-olds) and Instagram (21 percent versus 11 percent).” CNET
Some might say that one indication of an irreversibly bad brand is when it tries to make as much money out of its customers any way it can, even if begins to annoy those customers. That, of course, would never describe a free and bounteous service like Facebook.
Facebook Shares Cross $30, Highest Price in Six Months (Inside Facebook)
In related news, Facebook shares Wednesday closed at $30.59, up 5.26 percent, and it’s the first time the stock passed the $30 mark since mid-July 2012. Facebook has gone as low as $17.73 a share in the past six months, but has been looking up since major IPO lock-up periods passed and new revenue opportunities emerged. Forbes Facebook co-founder and CEO Mark Zuckerberg appears to have become more focused on driving revenue from Facebook’s 1 billion users, moving to monetize Instagram, Facebook’s payment system, and other areas. AllFacebook The social network emailed invites this week for a press event at its headquarters in Menlo Park, Calif., Jan. 15, but what is it all about? The only clue the invitation offers is this sentence: “Come and see what we’re building.”
Contestants Could Land a Job at Zynga in New CBS Reality Series (SocialTimes)
CBS has announced a new reality series in which five contestants will compete for their dream jobs at a different company in each episode, including social gaming company Zynga. Lisa Ling (“The View,” “Our America with Lisa Ling”) will host the rotating cast of hopeful job seekers and company executives, and “The Job” airs on Friday, Feb. 8 at 8 p.m. ET/PT.
Introducing SocialTimes’ Social Media Stock Tracker (SocialTimes)
If you’ve been reading SocialTimes on the weekend, you may have noticed that we have been covering the stock market in more detail than usual. We’re pleased to announce that we’ll be sending out our free weekly newsletter, the Social Media Stock Tracker, every Saturday morning by email.
Twitter Refuses to Identify Those Behind Anti-Semitic Tweets – but Should They? (AllTwitter)
Twitter won’t release user info unless compelled to do so by the U.S. government, and the United States either has freedom of speech or it doesn’t (it does) – so, yes. And this fact is really getting under the skin of some students (and their lawyer) in France.
Tracking the Flu with Social Networking Tools and Apps (AppNewser)
Researchers at the University of Iowa can track viral diseases like the flu, by using Twitter’s contextual information. Computational Epidemiology uses real tweets and correlates them to reported incidents at the Centers for Disease Control for extremely reliable flu predictions for various geographical areas.
FCC to Free Up More Wi-Fi Spectrum to Alleviate Congestion (SocialTimes)
The Federal Communications Commission will make available the largest block of unlicensed Wi-Fi spectrum since 2003, chairman Julius Genachowski said on Wednesday. By making available an additional 195 megahertz in the 5 gigahertz band, the FCC will boost speeds of the fastest, highest capacity Wi-Fi connections, called Gigabit Wi-fi, by as much as 35 percent, Genachowski said.
NBC’s Vivian Schiller to Keynote Lost Remote Show in NYC (LostRemote)
NBC News senior vice president and chief digital officer Vivian Schiller will be a keynote speaker at Lost Remote’s first-ever event in April. She heads up the network’s presence on the Web, mobile/devices and social media spanning brands like NBCNews.com, TODAY.com, Nightly News and iVillage.
Facebook Invites Participants for Third Annual Hacker Cup (SocialTimes)
Even as a public company, Facebook will invite legions of hackers to come help it build new products at its third annual Hacker Cup, where the reward for the top hack is has doubled to $10,000. The company frequently touts its so-called “hacker’s way” of tackling problems.