If Facebook evenly distributed its earnings in 2012 the social network could have paid every single employee $1,101,753.
Facebook reported a 2012 revenue of $5,089,000,000. According to SocialNewsDaily Facebook employees $4,619 workers. In comparison Google employees 53,000 employees but earned $50 billion in 2012. That means Google actually earned less money per employee with a take of $946,000.
Based on Facebook’s earnings the company is currently making $5 in revenue per user (just over 1 billion users now registered). However despite Facebook’s higher per employee earnings structure the company is still under heavy pressure from Wall Street investors.
While Google falls short of Facebook’s per employee earnings, Apple is the clear winner with an average earnings per employee of $2.3 million. Apple was helped along in 2012 by 400 million active credit card accounts connected to iTunes. The company took in $156.5 billion with an average iTunes account spent of $391. read more
Flickr on Saturday rolled out an update to its iOS app. The new update includes the ability to add hashtags to photo titles and descriptions.
For years Flickr has allowed users to add and search for “Tags” but the industry in general has moved towards the Twitter friendly hashtag setup.
Flickr isn’t the first social network to jump on the hashtag bandwagon, Facebook owned Instagram also offers the tags, as does Pinterest. Facebook is believed to be preparing a hashtags based search function of its own.
Just like other networks users who click on Flickr hashtags are brought to a search page populated with other hashtags of the same type.
Flickr has also announced the ability to enter its weekly photo challenge by tagging worthwhile pictures with the #FlickrFriday tag. read more
St. Patrick’s Day is here again and with it, the need to go out and get ourselves sloshed on some beer. This time around though, we have our handy smartphone’s to help us with the task at hand. Here are some of the best apps you’ll need for an awesome St. Patrick’s Day:
Facebook is preparing to introduce Hashtag support for wall posts, following a move already institute by Twitter, Tumblr, Pinterest and various other social networks.
The # symbol is a popular way for users to share common threads. For example users may talk about President Obama by using the hashtag #PresidentObama.
The move not only allows Facebook users to share a common thread, it allows Facebook to create a better social search platform that is now dependent on a common statement type.
With Graph Search already at the forefront of Facebook’s efforts to better its own search platform the hashtag support will come in handy. For example, users can create conversations which might be discovered for one search term and ultimately lead to deeper searches. read more
In late 2012 Netflix announced plans to bring Facebook sharing to its platform in early 2013. On Wednesday morning Cameron Johnson, director of product innovation at Netflix, announced the new sharing service.
On the Netflix blog Johnson writes:
“Starting today, Netflix members in the U.S. can share their favorite shows and movies on Netflix with friends by connecting to Facebook and agreeing to share.”
Using Netflix Social is simple, just connect your Facebook accounts and you’ll fine two new social rows of titles added to your Netflix homepage. The rows included Friends’ Favorites and Watched By Your Friends lists.
Default sharing happens only on Netflix with users needed to choose if they share viewed TV shows and movies on Facebook. read more
Foursquare co-founder Dennis Crowley believes the company can survive in the local search business by pulling in API data from third-party developers who use the company’s platform to generate location based data.
Speaking at a keynote presentation at South by Southwest Crowley explained:
“If people think it’s all about mayorships, that muddles the story. We’re starting to put a lot of that stuff in the background.”
Foursquare currently provides its API to more than 40,000 developers who utilize the company’s 50 million points of interest.
Among Foursquare’s users are the Twitter-owned Vine, Facebook’s Instagram and mobile network Path. read more
Viddy on Thursday announced a major update to its video sharing program. The move is meant to help the company fight back against Twitter’s Vine application.
The new update allows users to create stop-action recording, add filters to their videos and even develop YouTube annotations for Viddy recordings.
In a company statement Viddy’s team announces:
“We are very excited for all of our Viddy community members to see what we’ve been working on and to start having fun with the second generation of our mobile social video app.”
Viddy has been attempting to take on Twitter’s Vine by adding further YouTube integration and introducing an Explore tab so users can find popular videos that have been shared by others. Viddy also allows for Facebook and Twitter sharing with a simple share button configuration. read more
Instagram has passed a huge milestone, announcing that it now serves more than 100 million monthly active users.
Announced in a blog post by co-founder Kevin Systrom, the news of the tremendous milestone arrives just 28 months after Instagram launched to much fanfare.
In mid-January Instagram announced that it has reached 90 million monthly active users (MAUs). The 90 million mark was the first time Instagram had ever officially revealed MAU data.
News of the 100 million users milestone and the company’s growth of nearly 10 million users in one month arrives after the company’s announced TOS changes caused an uproar and promises of fleeing the photo-based network. read more