Facebook roundup: password privacy, IPO, engineering, Hacker Cup, more
Facebook calls out employers asking for user info - Facebook responded to reports that some employers are asking users for their Facebook accounts in order to view private profiles. Facebook Chief Privacy Officer Erin Egan said this practice may lead to legal liability and the company will protect users by influencing policymakers, shutting down apps that violate privacy and taking legal action when necessary.
Zuckerberg could be taking less visible role in IPO – The Wall Street Journal reported that CEO Mark Zuckerberg’s recent behavior hints that he may not be playing a visible role in the company’s IPO. As evidence the WSJ offers that he was absent at a meeting of analysts and bankers at Facebook HQ recently.
Facebook mirrors Apple with low R&D investment – Bloomberg reported that Facebook spends less on engineering and research and development than other Internet firms, specifically by not relying on outsiders for this work. According to the report, Facebook spends 10 percent of sales on R&D.
Facebook Hacker Cup crowns winners – The 2012 Facebook Hacker Cup went down March 19 in Menlo Park, Calif. First place went to Roman Andreev, of Russia, who finished in one hour and four minutes and won the $5,000 first place prize. Tomek Czajka from the U.S. won second place and $2,000, finishing in one hour and five minutes. [Image via Facebook]
Google has higher employee satisfaction than Facebook – For the first time in four years, Facebook ranks lower than Google in employee satisfaction, according to Glassdoor. Google’s rating on the employer ratings site is now 3.9, while Facebook’s rating is 3.7.