Social gaming has become an addiction-based business model, which could ultimately undermine the success of the entire industry.
Yahoo suffers hacking attack, resets user passwords. Facebook to unveil Paper app on Feb. 3. These stories, and more, in today’s Morning Social Media Newsfeed.
Conversation swirls on social media after a flood on the red carpet at the Golden Globe Awards. The Syrian Electronic Army hacks into Microsoft’s Twitter account. These stories, and more, in today’s Morning Social Media Newsfeed.
Zynga is accepting Bitcoin payments for some of its games. CBS is testing Twitter’s rules by placing a tweet in a New York Times ad. These stories, and more, in today’s Morning Social Media Newsfeed.
Twitter begins trading on New York Stock Exchange on Thursday. Google+ launches restricted communities. These stories, and more, in today’s Morning Social Media Newsfeed.
Facebook’s Graph Search Results Will Now Include Posts, Status Updates (AllFacebook)
Facebook’s Graph Search just got a lot more robust, as the social network announced Monday that posts and status updates will now be part of its results, allowing users to search content including photo captions, check-ins, and comments. Users will only be able to see content that has been shared with them, which includes content from friends, as well as posts that are shared publicly.
Twitter Quietly Files IPO (SocialTimes)
The announcement came via tweet Thursday on Twitter’s official account: “We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale,” the post reads.
Zuckerberg: Moving Fast ‘Gets Us into Tons of Trouble’ (Mashable)
One of Facebook’s core values, Move Fast, isn’t always successful for the company. “It gets us into tons of trouble,” CEO Mark Zuckerberg said during an interview at TechCrunch Disrupt, a technology conference held in San Francisco, on Wednesday. The sentiment, however, encourages employees to try out new things and see what works with the Facebook audience, a trait that Zuckerberg says is important for innovation.
Major Internet, Social Media Companies Ask Feds to Let Them Report National Security Requests (SocialTimes)
Today, more than five-dozen Internet companies, including the major Silicon Valley players, will ask the government to allow them to release information to users about the national security requests they’ve handled, according to a report in AllThingsD. The companies signing on to the request include Google, Facebook, Apple, LinkedIn, Twitter, Yahoo, AOL, Digg, Dropbox, Meetup, Mozilla, Reddit, Salesforce, Tumblr and The Wikimedia Foundation.
Struggling Zynga Names Microsoft Exec Mattrick as CEO (USA Today)
Shares of Zynga Monday closed up more than 10 percent on news that founder Mark Pincus would step down as CEO amid mounting Wall Street pressures to correct the company’s course. Zynga said that Don Mattrick, who led Microsoft’s Xbox business for the past three years, will take the top job at the struggling online games giant. Pincus will remain as chairman and chief product officer.