LexisNexis® Legal Newsroom
Web 2.0 Update - Facebook Surpasses Google

Hitwise reports that Facebook became the most visited website in the US for the first time. Kind of takes your breath away that a social media site is getting more traffic than the largest search engine in the US. Since Facebook just went over 400 million users this was probably inevitable, but since...

f8 - Facebook's Play to Take Over the Entire Internet

Facebook CEO Mark Zuckerman recently announced significant changes to Facebook expanding 100's of websites with "open graph" and "like" which may revolutionize the Internet . At the annual f8 Facebook outside developers' conference on April 21, 2010 Zuckerman demonstrated...

Facebook - 500 Million, But What Happens When Friends Die?

Growth at Facebook has been unbelievable and not a surprise that its user rolls will get to 500 million , but last fall a childhood friend died, and a few months later I was taken aback after Facebook asked me to post on his wall. Since so many new Facebook users are grandparents and over 60 more...

IRS Scored Better Customer Satisfaction than Facebook!

A new report shows that customers are not that happy with Facebook and MySpace also showed that social media was ranked lower than property & casualty insurance. Also not a surprise that airlines were lower in customer satisfaction than social media. The 2010 American Customer Satisfaction Index...

GPS Tracking Required Warrant

A court recently ruled that the use of GPS tracking data in a drug distribution case violated the defendant's constitutional rights and the police needed a warrant. The Electronic Frontier Foundation filed a brief in support of Antoine Jones that his expectation of privacy was violated by the...

Germany May Restrict Use of Facebook

A proposed law in Germany will restrict employers from using Facebook, and other truly social Social Media sites, when recruiting. However the law would allow employers to search business Social Media sites such as LinkedIn. Since there are no current guidelines in Germany about employer's use...

Facebook Plans to Compete with PayPal

No surprise that Facebook developed Credits using a team of former PayPal folks that shows a clear path to allow micropayments on Facebook and compete directly with PayPal. The New York Times recently reported that "Facebook began testing its virtual currency, called Credits, more than a year...

Google Wants to Search Before You Even Ask

Allowing Google to access your cell GPS will permit Google to make suggestions about things to do or restaurants to try wherever you happen to be. Although Google's CEO Eric Schmidt recently said these autonomous search features were on the horizon, we're pretty close to that point already...

Facebook Now Accounts for 25% of All U.S. Pageviews

Hitwise recently reported that 1 in every 4 pageviews in the US is on Facebook , and also incredible is Facebook's claim that people spend over 700 billion minutes per month on Facebook. Astonishing growth made even more amazing by realizing that the second place, and far behind Facebook, is YouTube...

Legal Issues Concerning Social Media Use by Employees

Please join the webcast about Social Media Use with my good friends Michelle Cheng , Yvonne Gierczyk-Skasko , and me sponsor by the ALI-ABA (American Law Institute - American Bar Association) which will be live on December 7, 2010 at 12:30pm CST. Michelle, Yvonne, and I will discuss our experiences...

Facebook has $2B Revenue in 2010

As 2010 comes to an end Facebook now reports about $2B in revenue which is amazing for a number of reasons, not the least of which is that Facebook estimated revenue of closer to $1.5B (which was double the 2009 revenue) and not all that long ago Facebook was criticized for not being about to monetize...

Facebook is the most popular site on the Internet!

All indicators were headed to this new headline that as 2010 ends Facebook overtook Google as the most popular Internet site . Experian Hitwise reported that "8.9 percent of unique online visits were to Facebook this year, compared with Google's 7.2 percent," and ComScore estimates ...

LinkedIn - Worth $2.51 Billion?

LinkedIn now has 90 million users and the IPO information about the Social Media site is most interesting, including revenue over $161 million for the first 9 months of 2010 which was twice the total revenue for 2009. The current estimated IPO value of $2.51 billion is pretty astonishing with only...

Bing Now Offers Links from Search to Facebook & Twitter

Microsoft's Bing search engine is trying desperately to keep up with Google and its approximate 70% of the US search market. Bing recently added links to Facebook and Twitter from search results with the hope that these Social Media links will impact search traffic. Since Microsoft does not have...

Microsoft Purchases Skype - Facebook and Google Unlucky Suitors

VOIP is likely headed in a new direction now that Microsoft agreed to pay $8.5 billion for Skype . It was reported that Facebook and Google's offers were in the $3 to 4 billion range , while at the same time Skype was still considering an IPO later this year. As a result of this purchase, Microsoft...

LinkedIn IPO is a $9.1 Billion Success - How Much is Facebook Worth?

With 2010 revenue of about $240 million LinkedIn's IPO $9.1 billion foreshadows an unbelievable value for Facebook when it has an IPO. Particularly since Facebook had 2010 revenue of about $2 billion, and that Hitwise most recent report of the Top Ten Social Networking Sites listed Facebook...

UK News - Use of Facebook Earn 4 Year Jail Terms

Within 10 days of the riots in the UK a judge sentenced two young men, 20 and 22, to 4 years in jail for using Facebook. Without question Social Media has transformed communications and impacted the UK riots, but one might wonder if the courts may have acted too swiftly. Here's what the Guardian...