Based on a recent study by Italian security researchers, spammers on Facebook (FB) make close to $200 million just by posting third-party links on fans page. Money made by these spammers had a high correlation to the popularity of the fan page. This is despite Facebook’s partnership with Washington State to fight “click-jacking” during Jan 2012. Facebook needs to sort this out before users become frustrated with this behavior. Some of us do remember the bitter experience of many spam posts on our timeline/wall without our approval and knowledge.
For the second consecutive time, Facebook market capitalization surpassed the $100 billion mark again. During last September, Facebook stock hit an all-time low of $17.55, which is less than 50% of Facebook IPO price of $38. However, the company’s strong second quarter revenue performance due to mobile advertising platforms, growing user engagement, and the huge Facebook revenue potential from video advertising has made the FB stock quite attractive in recent times.
See Facebook stock price movement from Facebook stock chart.
Source: Facebook stock price chart by Amigobulls
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