This and That

Facebook Co-Founder Dumps Another 450,000 Shares of the Company

Facebook co-founder Dustin Moskovitz is dumping even more of his shares of the company this week, selling 450,000 shares for a total take of $8.7 million.  He has been selling 150,000 shares per day and is required by the government to reveal his sales activity to the public every third day.  But the shares being sold are merely a drop ...

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Studies Suggest African American College Graduates Find More Success In Self-Employment

Nhophotos, Chicago, IL, African American College Graduate, Black Unemployment, Black Self Employment

According to a report by the Economic Policy Institute, 10.8% of African American college graduates were unemployed in comparison to an 8.7% for white graduates. The disparity found in the data points to larger issues of race, education, and social mobility in the United States. Last month the unemployment rate for African Americans (14.1%) was nearly double the national unemployment rate ...

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Facebook Director Dumps Most of His Shares of the Declining Company

Facebook director Peter Thiel sold nearly all of his stake in the social networking company, cutting himself out a $1 billion dollar payday as he’s decided to cash out before the price decline gets too bad.   This week, the lockup period came to an end, and investors in the IPO were allowed to unload some of their shares.  This led ...

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Stephanie Humphrey: If You Ride Buses or Subways You MUST Have This App

In this episode of “A Matter of Life and Tech,” Stephanie Humphrey talks about the Hopstop App that allows you to get around major cities without too much hassle.  Humphey, graduate of the great Florida A&M University, talks about the way to fulfill your personal tech needs in an increasingly complicated world. Check out her video below and you can ...

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Facebook Investors Dump the Stock on the Market, Leading to an All-Time Low

Facebook stock has been dropping faster than Chad Johnson’s football career.  The company’s shares took another painful decline this week as the ban on selling was lifted on early investors in the company.  The shares are now about 50% of what they were when the company first went public, leading to mass panic among those who were once fighting to ...

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Man Accidentally Butt-Dials 911 During a Drug Deal

Justin Kryzanowski, a 24-year-old man from Pennsylvania, probably regrets where he puts his phone when he’s not using it.  The man is being accused of accidentally calling 911 during a drug deal, allowing police to hear the whole ordeal.  According to the Scranton Times-Tribune, police heard the deal and then chose to close in after tracing the call back to ...

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Is Google’s Social Media Experiment Google+ Dead and Buried?

Farhad Manjoo, writing for Slate.com, argues that Google completely blew its opportunity to compete directly with Facebook in the lucrative social media space. He says that when corporations raced to join Google +, they were met with nothing short of shear rejection from the network, that seemed surprisingly unprepared for prime time. A product manager posted a message discouraging businesses ...

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Google is going to Integrate Your Gmail Into Search Results

Google is planning to connect your Internet searches with your Gmail account.   In order to make things more efficient for the user, your Gmail content will be searched, in addition to the Internet when it comes to finding the best answer to your question or search query.  For example, if you search for “football,” anything you have in your email ...

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Study Says that Nearly 1/10th of All Facebook Users Don’t Exist

Facebook is admitting in a recent filing that it believes that nearly a tenth of its users are fake.  The company says that 8.7% of its 933 million users are not real people.  Also, duplicate profiles, those of people who already have an account on Facebook, make up 4.8% of its membership. The numbers are critical for Facebook during a ...

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Company Claims that 80% of its Facebook Ad Clicks Came From Bots

A company has made a claim that is heavily damning to an already-struggling Facebook.  The small startup says that out of all the ads that got clicks when the company advertised on the network, 80% of them came from Bots.  This is a strong statement, because it undermines the confidence that corporate advertisers have in the ability of Facebook advertising ...

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