Facebook Roundup: IPO, Political Ads, Well Being, Apple, Copious, and Iceland’s Constitution
New Rules Could Delay Facebook IPO – Congress may change laws regulating companies with shareholders, ultimately meaning that Facebook could delay its IPO if it wanted to. Fortune Magazine reported that the rules currently state that companies breaking 500 shareholders must go public, but the new rules would allow companies to remain private indefinitely.
Facebook IPO Could Surpass $100B – Facebook may make an IPO in early 2012, according to a report from CNBC. What’s more, they are saying the valuation could be more than $100 billion.
Existing Rules Apply to Political Ads on Facebook - The FEC declined to rule on creating extra regulations for Facebook political ads, reported AllFacebook. This means that ads can be bought and run with the same disclosure that applies to other online ads instead of having to state who paid for an authorized the ads, which could take up much of their character limit.
Facebook Users More Social in Real Life – A Pew Center for Internet & American Life Project study found that Facebook users tend to be more trusting, have more closer friends, are more civically engaged and get more social support from friends in real life.
Most Will Engage With Facebook Political Messages – SocialVibe conducted a study on political engagement advertising, finding among other things, that 94% of users who engaged with political messages ended up watching the entire message, and almost 40% of them shared political ads with Facebook friends.
iOS Integrated With Facebook Before Twitter - TechCrunch wrote an interesting piece this week noting that, before Apple’s iOS deeply integrated with Twitter, it was pretty obvious the company had looked into doing the same thing with Facebook.
Copious Launches Social Marketplace – Copious, co-founded by former Facebook employee Jonathan Ehrlich, launched a social marketplace this week that’s meant to incorporate Facebook’s social data into the business of buying and selling merchandise between individuals. TechCrunch reported that Copious has raised $2 million, in part from Foundation Capital, Google Ventures and BlackBerry Partners Fund.
Iceland Crowdsources its Constitution – The Icelandic government has turned to Facebook, in part, to help draft a new Constitution. Members of the country’s constitutional council are posting drafts of clauses for the constitution, and fans are invited to leave their comments. The council is also streaming its meetings live.
Zuckerberg Talks to Kids – Facebook CEO Mark Zuckerberg spoke to a graduating eighth grade class in Menlo Park, California. He told them that friendships are what make life meaningful, and gave the students some advice, “‘Everything that’s worth doing is actually pretty hard and takes a lot of work.”