Posts tagged facebook
Related Story: The Mark of the Beast and the Implantable RFID Chip
The bible says that in the time of the Great Tribulation, the whole world will be connected by a system that includes an internal mark in humans, and it will control all financial transactions related to buying and selling anything. So, if we were close to that time, you would expect to see a massive movement underway to connect the entire world together via a system, like the Internet for example, in fulfillment of bible prophecy. This is exactly what we see happening right now…
“And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” Revelation 13:16,17
From USA Today: SAN FRANCISCO — Facebook CEO Mark Zuckerberg late Tuesday announced on his Facebook profile page the formation of a partnership with Samsung Electronics, Nokia, Qualcomm and others to make Internet access available to everyone on Earth.
The group — Internet.org — intends to make the Internet an option for the 5 billion people who don’t have it. Only about one-third of the world’s population – 2.7 billion – has Internet access.
“Everything Facebook has done has been about giving all people around the world the power to connect,” Zuckerberg said in a post on his timeline. “There are huge barriers in developing countries to connecting and joining the knowledge economy. Internet.org brings together a global partnership that will work to overcome these challenges, including making internet access available to those who cannot currently afford it.”
The founding members of Internet.org – which also includes Ericsson, MediaTek and Opera — will develop joint projects, share knowledge, and mobilize industry and governments to bring the world online, according to Zuckerberg. source – USA Today
Where is the “don’t like” button?
You have to constantly remind yourself that in Obama’s rush to put the whole country under Obamacare and to make “everyone pay their fair share of taxes”, he never ever means to apply these things to himself, his friends or Liberals in general. In typical dictator style, it is only the honest, hard-working middle class folks like you and I that must pay for the bulk of everything.
From Business Week: It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multi-billion-dollar tax deduction for the cost of executive stock options and share awards.
Even though Facebook (FB) reported $1.1 billion in pre-tax profits from U.S. operations in 2012, it will probably pay zero federal and state taxes—and even receive a federal tax refund of about $429 million—according to a Feb. 14 statement from Citizens for Tax Justice.
The tax-research and -lobbying organization says companies such as Facebook should treat stock options the same in their reports to shareholders as they do in their tax filings. Citizens for Tax Justice calls the tax footnotes in Facebook’s Jan. 30 financial statement “an amazing admission,” but there’s nothing illegal about the breaks the company is claiming. Companies like Facebook are allowed to treat the cost of non-cash compensation, such as stock options, as an expense that reduces profits, essentially the way they treat cash compensation such as salaries.
The difference is that Facebook—unlike, say, General Motors (GM)—relies heavily on stock options and restricted stock units as a form of compensation. It paid out a lot during its years as a private company that it must now recognize on its income statement and balance sheet.
You won’t find any $429 million tax refund in Facebook’s financial statements. Indeed, the company says it had a $559 million federal tax liability in 2012. But that liability isn’t an actual payment. In a footnote, the company also said that it had a $1.03 billion “excess tax benefit” last year related to “stock option exercises and other equity awards.” That benefit is what flips the federal tax liability into a refund. (A small portion is applied against state taxes.)
Facebook says that it anticipates reducing its tax liability in the future by an additional $2.17 billion by using further net operating loss carry-forwards that it has banked.
Facebook spokeswoman Ashley Zandy declined to discuss the tax break but pointed to the transcript of Facebook executives’ conference call with analysts. On the call, Chief Financial Officer David Ebersman cited the accumulated tax benefits and noted that the company ended the fiscal year with nearly $10 billion in cash and investments, “giving us great flexibility and risk protection.” source – Business Week
A little digging by Mashable has turned up a strange new initiative from Facebook. While you can already send a message for free to a friend — or a friend of a friend — the ubiquitous social network is now giving you the option to pay a hefty $100 to send a message directly to a total stranger’s inbox.
Without ponying up the cash, your message goes to the dreaded “other folder,” aka“Facebook’s dumping ground for all messages it guesses you won’t want to read urgently,” where it will likely be completely overlooked. (By the way, have you checked your “other” folder recently? Do so with caution.)
In December, Facebook announced it would be testing this pay-to-message feature, but for a much lower fee of just $1. Even that was met with mixed reviews. But bloggers discovered the new fee when testing a message to the founder himself, Mark Zuckerberg. And the fee prompt can be replicated with other popular accounts. The fee seems to jump from $1 to $100 when the person you’re messaging has a whole bunch of followers, or is a well-known public figure.
In a statement, a Facebook spokesperson says, “We are testing some extreme price points to see what works to filter spam.” In other words, the fee is an attempt to discourage people from sending annoying messages to people they don’t know. “But, it could also be seen as Facebook letting people pay to spam your inbox,” notes Josh Wolford at Web Pro News.
It will be interesting to see how long these fees stay in place, and who, if anyone, actually pays them. source – The Week
Over the weekend, Facebook took down a message by the Special Operations Speaks PAC (SOS) which highlighted the fact that Obama denied backup to the forces being overrun in Benghazi.
The message was contained in a meme which demonstrated how Obama had relied on the SEALS when he was ready to let them get Osama bin Laden, and how he had turned around and denied them when they called for backup on Sept 11.
I spoke with Larry Ward, president of Political Media, Inc — the media company that handles SOS postings and media production. Ward was the one who personally put the Navy SEAL meme up, and the one who received the warning from Facebook and an eventual 24 hour suspension from Facebook because Ward put the meme back up after Facebook told him to take it down.
Here’s what Ward told me:
We created and posted this meme on Saturday after news broke that Obama had known and denied SEALS the backup they requested.
Once the meme was up it garnered 30,000 shares, approx. 24,000 likes, and was read by hundreds of thousands of people — all within 24 hrs. On Sunday, I went into the SOS Facebook page to post something else and found a warning from Facebook that we had violated Facebook’s Statement of Rights and Responsibilities with our meme. So I copied the warning, put it on the meme as as caption, and re-posted the meme to the Facebook page.
Along with the re-posted meme, Ward put a link to the Facebook “feedback comment” inbox so visitors to the SOS page could send a message to Facebook if they were as outraged over the meme being jerked down as he was.
Ward said Facebook pulled the re-posted meme down within 7 or 8 hours and suspended the SOS account for 24 hours.
In other words, Facebook put the Navy SEALS in timeout in order to shield Obama.
How low can you go? source – Breitbart
U.S. Ambassador Terry Kramer warned on Friday that a proposal to give a United Nations agency more control over the Internet is gaining momentum in other countries. Proposals to expand the U.N.’s International Telecommunications Union’s (ITU) authority over the Internet could come up at a treaty conference in Dubai in December. European telecommunications companies are pushing a plan that would create new rules that would allow them to charge more to carry international traffic.
Kramer said the idea of an international Internet fee is “gaining more interest in the African states and also in the Arab states.”
He said the United States delegation to the conference will have to redouble its efforts to convince other countries that the proposal would only stifle innovation and economic growth.
“We support efforts to grow broadband markets—not just divvying a static pie of revenue between operators and governments,” Kramer said in a speech in Washington hosted by the Telecommunications Industry Association.
Democrats and Republicans in the United States are united against proposals to increase international control of the Internet. Congress passed a non-binding resolution earlier this year urging the United States delegation to “promote a global Internet free from government control and preserve and advance the successful multi-stakeholder model that governs the Internet today.”
But Kramer warned that the United States is gaining a reputation of stubbornly opposing any changes to the ITU treaty. He said the United States will have to engage in negotiations with other countries to address their concerns.
He acknowledged that many countries are struggling to secure their networks from hackers and cybercriminals. He said the United States opposes international cybersecurity regulation but supports efforts to help poorer countries expand their ability to combat cyberthreats.
“The U.S. is open to dialogue in ways to make such cooperation more comprehensive, building on work by existing institutions,” he said.
Kramer explained that the United States will not have to sign on to any treaty that it objects to, but he warned that if a majority of countries at the Dubai conference adopt an overly regulatory treaty, it could reshape the open, international nature of the Internet. source – The Hill
NEW YORK (CNN Money) — It’s finally happened: Facebook exceeded 1 billion users.
Co-founder and Chief Executive Officer Mark Zuckerberg announced Thursday that his social media site had hit the milestone.
“This morning, there are more than one billion people using Facebook actively each month,” he said. “Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life.”
Topping the 1 billion mark means that Facebook now reaches one out of every 7 people on the planet.
The ubiquitous social media giant that was famously created in a Harvard dorm room hasn’t had much trouble attracting new members.
While its growth in North America and Europe has leveled off, Facebook continues sucking in new users throughout Asia and the developing world. It has a presence in more than 200 sovereign territories, according to stats tracked by All Facebook, which draws on data Facebook provides to advertisers, and an empire that stretches from a mere 20 users in Vatican City to more than 166 million in the United States.
It took Facebook six years to hit the 500 million user mark and barely two to double it. Facebook’s total membership grew nearly 30% over the past year, but in hot regions like Brazil, its membership doubled. (Sorry, Orkut.)
From a money-making standpoint, not all of those users are created equal.
Less than 20% of Facebook’s users live in the U.S. and Canada, but those users account for 48% of the $992 million in advertising revenue that Facebook took in last quarter. Facebook makes an average of $3.20 each quarter in revenue off its North American users, versus just 55 cents from those in Asia. source – CNN Money