Friday 2 March 2012

Social Media Network-Employee Stock-Credit Line-Facebook

Is Social Media Actually Making Us Less Connected?

LONG BEACH, Calif. – Checking email during meetings. Shopping on your smartphone in the middle of class. Texting at funerals. These are a few of the examples that MIT professor Sherry Turkle offered during her TEDTalk on Thursday, in which she argued that “technology is taking us places we don’t want to go.” read more..

Exclusive: Facebook seeking bigger credit line: sources

SAN FRANCISCO (Reuters) - Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company's plans. The world's largest social media network, which boosted its borrowing capacity by two-thirds just six months ago, is taking advantage of its strong position to get more financing for its phenomenal growth, the sources said. The sources spoke on condition of anonymity because they are not authorized to speak publicly about such plans. ... read more..

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