Click-jacking In Facebook

facebook click fraud

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.
Facebook stock chart
Source: Facebook stock price chart by Amigobulls

Other stock market updates:

♦ Digital River launches suite of mobile payment solutions

♦ Google stock is up again after a week’s struggle

♦ Amazon launches Kindle in Mexico

♦ Boingo Wireless finds new partner in Movile

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses. Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions. Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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