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In Facebook IPO, Frenzy, Skepticism (The Wall Street Journal)
Facebook’s coming initial public offering has set off a frenzy of anticipation among Main Street and Wall Street investors desperate to get their hands on the stock. Late Monday, the social network raised the price range for its IPO to $34 to $38 a share, from $28 to $35 a share, said a person familiar with the matter, in a sign of investor appetite for the offering. Inside Facebook Facebook has announced a new design for its mobile newsfeed that displays posts in individual boxes similar to how they appear on timeline. As part of the redesign, photos now appear three times larger than before, which could make browsing more efficient since there is less need to tap to see an image full-screen. Yahoo! News/The Lookout Is Facebook a flash in the pan? Nearly half of Americans think so, according to a new AP/CNBC poll. Forty-six percent of those polled said the social networking giant is likely to “fade away as new things come along,” while 43 percent predict it will be “successful over the long term.” CNBC The poll also shows that 57 percent of Facebook users say they never click ads or other sponsored content when they use the site, with another 26 percent saying they hardly ever engage in such activity AllFacebook Recent college graduate Suleika Jaouad found out that when she opened up about having leukemia on Facebook, there was a community ready to embrace her as she faced this new challenge in life. Caretakers and fellow cancer patients, friends and family all were there waiting to offer support and share advice. Read more

Facebook’s Mark Zuckerberg an Upset Winner of TIME 2010 Person of the Year

WikiLeaks founder Julian Assange has more important things to worry about, like trying to secure his release on bail from prison in Sweden. There is no celebrating in the office of Turkish Prime Minister Recep Tayyip Erdogan. Lady Gaga is not dancing. Jon Stewart and Stephen Colbert have one less thing to be smug about on Comedy Central, and ditto for Glenn Beck on Fox News Channel. President Barack Obama is dealing with more significant issues, like war and unemployment. Steve Jobs is gearing up for the release of the second-generation iPad. The Chilean miners are probably just happy to be alive. And, much like Assange and Obama, the unemployed American has far more significant issues to deal with.

What do all of those people have in common? They all finished ahead of Mark Zuckerberg in voting by TIME readers for its 2010 Person of the Year, yet the Facebook co-founder and CEO rebounded from finishing No. 10 on the readers’ poll and impressed the magazine’s editors enough to be named TIME 2010 Person of the Year.

From the explanation penned by managing editor Richard Stengel:

Like two of our runners-up this year, Julian Assange and the Tea Party, Mark Zuckerberg doesn’t have a whole lot of veneration for traditional authority. In a sense, Zuckerberg and Assange are two sides of the same coin. Both express a desire for openness and transparency. While Assange attacks big institutions and governments through involuntary transparency with the goal of disempowering them, Zuckerberg enables individuals to voluntarily share information with the idea of empowering them. Assange sees the world as filled with real and imagined enemies; Zuckerberg sees the world as filled with potential friends. Both have a certain disdain for privacy: In Assange’s case because he feels it allows malevolence to flourish; in Zuckerberg’s case because he sees it as a cultural anachronism, an impediment to a more efficient and open connection between people.

TIME Readers Choose WikiLeaks Founder Julian Assange as Person of the Year; Will Editors Follow Suit?

WikiLeaks founder Julian Assange appears to be one step closer to being released from prison, according to reports, but even if prosecutors in Sweden appeal the ruling to release him on bail, he has one piece of good news to hold onto: Assange was the readers’ choice for TIME‘s Person of the Year 2010.

Editors from TIME will reveal the magazine’s choice for Person of the Year on NBC’s Today Wednesday morning.

TIME said Assange collected 382,020 of the total of 1,249,425 votes cast, far outdistancing second-place finisher Turkey Prime Minister Recep Tayyip Erdogan, who finished with 148,383 fewer votes. However, the magazine added that Lady Gaga crushed Assange on Facebook, totaling 65,417 likes versus 45,643.

The readers’ top 10, unchanged from last Wednesday:

1: Julian Assange

2: Recep Tayyip Erdogan

3: Lady Gaga

4: Jon Stewart and Stephen Colbert

5: Glenn Beck

6: Barack Obama

7: Steve Jobs

8: The Chilean Miners

9: The Unemployed American

10: Mark Zuckerberg

WikiLeaks’ Julian Assange Still in First Place in TIME Person of the Year Voting

WikiLeaks founder Julian Assange may be cooling his heels in a London jail, but he will likely be heartened by the news that with four days left in the voting, he is atop TIME‘s voting for Person of the Year.

Voting ends Sunday, and the magazine will name its Person of the Year Wednesday, Dec. 15.

The top 10, as of Wednesday:

1: Julian Assange

2: Turkey Prime Minister Recep Tayyip Erdogan

3: Lady Gaga

4: Jon Stewart and Stephen Colbert

5: Glenn Beck

6: Barack Obama

7: Steve Jobs

8: The Chilean miners

9: The unemployed American

10: Mark Zuckerberg

Bloomberg Game Changers Episodes Boost Bloomberg.com

Bloomberg Game Changers has been a game-changer for Bloomberg.com, as comScore data showed a record traffic spike in October, with the media company’s Web properties totaling some 21 million unique visitors for the month, and the seven episodes of the documentary series contributing to those robust numbers.

Episodes of Bloomberg Game Changers account for four of the 15 most viewed videos on Bloomberg.com, with the installment featuring Apple chairman and CEO Steve Jobs coming in at No. 2 on that list and totaling nearly 500,000 views.

Other subjects of Bloomberg Game Changers: Facebook co-founder and CEO Mark Zuckerberg; Google co-founder and president, technology Sergey Brin and co-founder and president, products Larry Page; Comedy Central’s Jon Stewart, host of The Daily Show with Jon Stewart; Kohlberg Kravis Roberts co-founder Henry Kravis; hip-hop mogul Jay-Z; and Oracle co-founder and CEO Larry Ellison.

New Media Index: Idea of War with Iran Scares Bloggers; Mashable Dominates Tweeted Links

Bloggers fretted the possibility of a war with Iran, while Mashable accounted for all of the five most-Tweeted news articles, as it did during the week of Oct. 18-22, and the most-watched news and politics video on YouTube was an animated parody of the Tea Party movement, according to the Pew Research Center’s Project for Excellence in Journalism’s New Media Index for the week of Nov. 1-5.

Talk of a potential conflict with Iran was spurred by an Oct. 31 column in The Washington Post by David Broder, and it accounted for 35 percent of news links shared by bloggers. It was followed by: the midterm election results and their consequences, at 17 percent; another Washington Post column, in which Federal Reserve chairman Ben Bernanke explained his organization’s response to the economic crisis, at 13 percent; the Oct. 30 Rally to Restore Sanity and/or Fear in Washington, D.C., organized by Comedy Central’s Jon Stewart and Stephen Colbert, at 10 percent; and a report from the British Broadcasting Corp. about a female boa constrictor that scientists claim had 22 baby snakes with no father, at 8 percent.

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