Word: thefacebookã
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LAWSUIT Zuckerberg had the same devil-may-care attitude this fall, when a federal lawsuit added an expected $20,000 to TheFacebook??s monthly expenses. In total, Zuckerberg says the lawsuit filed by Divya K. Narendra ’04, Cameron S. H. Winklevoss ’04, and Tyler O. H. Winklevoss ’04 of Connect-U could cost TheFacebook upwards...
Zuckerberg calls Thiel’s investment of an undisclosed sum “basically a loan” with interest and equity attached. He says TheFacebook??s relationship with Thiel works because he lets the team do what they want and understands that their decisions will not always lead to maximized profit...
...small step for Moskovitz, but a giant leap for TheFacebook??s scientific career. Since Moskovitz’ final project, two researchers in Harvard’s Economics Department have used TheFacebook in their studies, too. Indeed, with its widespread popularity and its high traffic, the networking website—besides offering a way to find out your crush’s relationship status—might prove to be the most refined method of person-to-person social research...
...real question of TheFacebook??s validity is, do these ‘friendships’ have meaning?” says Ward. It doesn’t take an economist to figure that Facebook fiend Dongbo Yu ‘07 might not consider all of his 578 Facebook “friends” his best buddies. Although Möbius’ study improves on loose social connections by weeding out the random kid from Freshman Week, using TheFacebook to research actual friendships is inherently flawed...
...wider scale, Ward also thinks that TheFacebook, besides serving as a research tool, could also change the nature of friendships among its participants. According to him, that might be TheFacebook??s most intriguing legacy...