Wednesday, March 21, 2012

Facebook


So I said I want to blog about Facebook , here’s it.    J)

A little bit background about Facebook first. Yes, FACEBOOK is known as social media giant and it is known as the most valuable social networking website for now. (People have faith in investing in this company) If this 8-year-old company indeed valued at $100 billion, the high end of its expected valuation range, Facebook will be worth an astounding 27 times its 2011 revenue of $3.7 billion. Thanks to the CEO Mark Zuckerberg who is currently holding 57% voting control. ‘Think like Zuck’ has also become a famous phrase to motivate the company’s workers and engineers.

 Statistically, Facebook is having 2k employees on campus and 10k expanded campus employee capacity. The campus has 1k square footage of courtyard BBQ shack, 6 electric-vehicle chargers and 14 expectant-mother parking spaces and 47% employees commuting by company bus, shuttle, carpool, or bicycle. Well apparently we can see how Facebook take care of the employees and think in their benefits.

I would like to share some recent news about Facebook campus, something you would not know. Last summer Facebook began moving to a new 1-million-square-foot campus in Menlo Park, Calif., a few miles from its former Palo Alto digs. The facility, which will eventually straddle a major thoroughfare, is designed to feel like a small downtown area. In addition to two large cafeterias there will be little shops for bike repair, frozen yogurt, and other treats. Is not that cool? xD

So, ever wonder how Facebook make tons and tons of cash from us? Four main ways : Advertisements, Facebook gifts, Application performance and Facebook credits. Trust me, even with only advertisements, Facebook is already a damn good gold digger from advertisers. In case you do not know how it works, advertisers first need to bid or offer a very good price to grab a advertise space. They would not reveal the real price but the value is high enough to earn them lots of profit. You would not even believe that there are actually quite a number of people use real money to have unlimited access to games and applications in Facebook. But still, true story, my wealthy friends do that.

Timeline. Newest invention for facebook layout. (Still counted newest I guess?) It tells your stories from the day you are born till the day you die. Easy explanation. Some people like like. Some people hate hate. The worst thing after all is you are not able to change back to original profile after you attempted to use timeline. It did give you 7 days to get used to the new profile before going public anyway. The horrifying news is everyone’s profile will be automatically changed to timeline in April. Hooray? Arghhh…

I am not saying all bad about Facebook. Facebook does benefit me a lot, whether you believe it or not. First of all, people discover their stalking talent through facebooking. Without Facebook, people would not even bother to know what you are doing. ( Well they still do not if you are not famous ) Even you are not famous, you can pretend to be someone else a.k.a. being a faker to grab others’ attention. This is one thing I found the scariest in Facebook.

People are also used to ‘liking’ everything. I admit that I like everything I see in my news feed,no matter interesting or not. I read a psychology article about this but I could not really recall the content. I think basically it was about this ‘liking’ effect is actually good as it made you having positive perception towards things when you have gotten the ‘encouragement’. I figure this is the reason they did not create the ‘dislike’ or ‘hate’ buttons. It will be a true disaster for infamous people.

Not to forget Facebook brings people closer. Although research has shown if you log out from Facebook for about one hour or more and interact with people physically and realistically, your mood will be boosted and depression level will be decreased as well. I do not know how far this is true but I surely know that without Facebook, I cannot get along with people well because I have a serious problem in remembering things especially names. Thanks to this social media giant’s frequent reminder, I was able to develop an intimate relationship with my friends. (Okay I am just exaggerating)

 Last but not least, Facebook is still controlling our lives.

*P.S. Joey life = Sleep + Facebook J



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