Dan Fletcher
May 22, 2010: 2:25 AM
Artwork by Yuji Yoshimoto. Photograph by Tom Schierlitz for TIME.
Sometime in the next few weeks, Facebook will officially log its 500 millionth active citizen. If the website were granted terra firma, it would be the world's third largest country by population, two-thirds bigger than the U.S. More than 1 in 4 people who browse the Internet not only have a Facebook account but have returned to the site within the past 30 days.
Just six years after Harvard undergraduate Mark Zuckerberg helped found Facebook in his dorm room as a way for Ivy League students to keep tabs on one another, the company has joined the ranks of the Web's great superpowers. Microsoft made computers easy for everyone to use. Google helps us search out data. YouTube keeps us entertained. But Facebook has a huge advantage over those other sites: the emotional investment of its users. Facebook makes us smile, shudder, squeeze into photographs so we can see ourselves online later, fret when no one responds to our witty remarks, snicker over who got fat after high school, pause during weddings to update our relationship status to Married or codify a breakup by setting our status back to Single. (I'm glad we can still be friends, Elise.)
Getting to the point where so many of us are comfortable living so much of our life on Facebook represents a tremendous cultural shift, particularly since 28% of the site's users are older than 34, Facebook's fastest-growing demographic. Facebook has changed our social DNA, making us more accustomed to openness. But the site is premised on a contradiction: Facebook is rich in intimate opportunities -- you can celebrate your niece's first steps there and mourn the death of a close friend -- but the company is making money because you are, on some level, broadcasting those moments online. The feelings you experience on Facebook are heartfelt; the data you're providing feeds a bottom line
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Saturday, May 22, 2010
Friday, May 21, 2010
Interesting article on CNNMoney Mobile: What's in the Wall Street bill
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Tuesday, May 18, 2010
Interesting article on CNNMoney Mobile: The pros and cons of 'cheap' oil
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Saturday, May 15, 2010
Thomson Reuters News Pro story - Google says mistakenly got wireless data
SAN FRANCISCO (Reuters) - Google Inc said its fleet of cars responsible for photographing streets around the world have for several years accidentally collected personal information -- which a security expert said could include email messages and passwords -- sent by consumers over wireless networks.
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Sunday, May 9, 2010
Interesting article on TIME Mobile: Somali Pirates, Islamists Fight Over Ports, Resources
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Wednesday, May 5, 2010
Thomson Reuters News Pro story - Sachin joins, sets Twitter ablaze
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Thomson Reuters News Pro story - No narcoanalysis test without consent, says SC
The Supreme Court on Wednesday declared as "illegal" use of narcoanalysis, brainmapping and polygraph tests on suspects. Even if such tests are taken voluntarily then also results cannot be used as evidence unless corroborated by other evidence, the bench said.
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Monday, May 3, 2010
Interesting article on TIME Mobile: Gulf Oil Spill: Obama Promises Help as Disaster Worsens
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