Posts Tagged ‘facebook’

Facebook Goes Public and Gets a Lawsuit Right After

Unless you live under a rock with no access to the real world at all you probably know that Facebook went public on the stock market just a few days ago, which catapulted quite a lot of fuzz among people: both positive and negative, but mostly negative:

During the fourth day of Facebook trading as public company brought up, believe it or not, shareholder lawsuits! Also an increase in the company’s stock price as the fallout continued from the company’s initial public offering. This is basically what happened:

Facebook Inc.’s stock climbed throughout the day from $1 to close at $32 just yesterday. Profit was very small for shareholders, especially since after the first day of trading the Facebook stock went through a very disappointing two-day decline. At this moment, stock shares are trading nearly 16 percent below its $38 IPO price.

Because of this issue, several shareholders who bought stock in the IPO went right ahead and filed lawsuits against Facebook, its executives and IPO’s lead underwriter Morgan Stanley. Apparently very delicate and important information was hidden from the public at the moment the stock was up for sale and damages are irreversible for some of the people that purchased Facebook stock.

What can we learn about this? There is absolutely no safe bet, no matter if you are doing it for fun or business. The rise and nearly fall of the stock of one of the world’s most important companies can teach us that everything in life is a chance and we should always be careful when we take them.

Top 100 Facebook Games of 2011

When you thought there couldn’t possibly be any more game applications on Facebook, the social network decides to reveal what the most popular Facebook games are. Here’s the list:

  • Gardens of Time (By Playdom) a Flash hidden object game (HOG)
  • The Sims Social (By EA) created for Facebook and launched in Aug. 2011, it’s the most recent sequel of the popular game
  • Cityville (By Zynga) Launched in 2010 as the 1st international social game for Zynga
  • DoubleDown Casino (by DoubleDown Interactive) The application offers Free Slots, Blackjack & Poker
  • Indiana Jones Adventure World (By Zynga) Based on the most successful movie franchises, this is a different version of the regular Adventure World, which already boasted 9 million users a month.
  • Words With Friends (By Zynga) A word building game, created with Droid, iPhone/iPad Facebook users in mind.
  • Bingo Blitz (By Buffalo Studios)  A fast paced game of bingo with much more excitement than the original bingo games anywhere.
  • Empires Allies (By Zynga) A very young game launched this year, a mythical war game that hit 5 million users on the first day.
  • Slotomania (By Playtika) A game about the casino’s favorite attraction: slot machines featuring many machines, free games and bonus rounds.
  • Diamond Dash (By wooga) Developed by Wooga, a leading European Facebook games developer, this puzzle game is like Bejeweled on steroids.

Obviously, our opinion would be unfairly biased simply because The Virtual casino has the best casino games in the entire universe, but…if you love these games, then congrats. You’ve been playing the most popular games this 2011.

For those of you who, in the contrary, will unfriend the next person who invites you to one of these we have a solution for you. Since we know that receiving these unsolicited  game invitations from thoughtless friends is truly annoying to say the least, we’re explaining here, how you can start blocking game requests on Facebook.

Online Casino Gambling seen as Taboo on Facebook and Twitter

As social media websites like Facebook and Twitter take over the entire online realm, every internet-based industry is looking for ways to inject a little social networking into their services. Travel sites allow users to create profiles and share pictures, online shops give users the chance to show off what they have bought and how their outfits have been put together, and now online casinos are launching “social betting” games – but, so far, they’ve failed.

Some examples of this are travel sites which now allow users to create profiles, share pictures and talk to each other, as a result their number of users have gone up and they have gained popularity. Within the online casino world some online gambling sites are starting to offer social betting games but they do not seem to be very successful at it.

According to a report by EGR Magazine it was stated that “betting is simply not a social activity”. Often enough, betting online is compared to other industries like pornography in the form that it is a taboo. Internet casino gambling, unlike online poker and bingo, is almost a secretive activity amongst many of its users.

I believe that this is a result of mistaken ideas about addiction and underage gambling. Society, the government and other entities have managed to turn these issues into taboos instead of looking for a proactive solution to them. A big step forward has been the launch of government-run gambling websites and state lotteries which helped present casinos in a more clear light as it helps governments gain revenue that can be directed to the development of social programs.

It is important to make others realize that there is nothing wrong with online gambling, it is a hobby like any other hobby. I understand that sometimes I may not comment on my gambling activities because I do not want my friends to know the results (if I lose shame on me, if I win they want me to buy the drinks on Friday night lol) but the fact that I do it is not something that I believe should remain in the dark.´