Where the good guys go, the bad guys follow. The popularisation of social media services such as Facebook and Twitter has led to malicious links becoming commonplace.

There is huge untapped potential for Facebook to get a new source of revenue from social advertising, according to research by a marketing expert from the prestigious MIT Sloan School of Management.

  If Facebook thought they were under public scrutiny previously, they ain't seen nothing yet.  

Analysts say it is reassuring that Facebook has been able to convert its 845 million active users into revenue and profits, with both the company’s operating income and revenue growing strongly over the past two years.

Despite endlessly consistent rumours that Facebook will commence an IPO process to raise $10B, it seems that a late decision has been made to reduce the amount to $5B.  

The U.S. space agency NASA announced the release of its first multi-player online game Space Race Blastoff on Monday, January 30, 2012. The app is available on Facebook.

The frenzy of Facebook IPO rumours continues unabated.  Do we now know the trading launch date?

Facebook’s goal is to redefine the social media experience by creating an immersive platform that will be the centre of people’s digital lives, making it the dominant platform for rich communications, commercial content and advertising. That’s the view of one global analyst firm that believes that if the social media giant can achieve its vision then the predictions of an IPO valuation of $100 billion might well be justified.

Circle the wagons, folks.  If you believe the hype-makers, it will be the end of the world as we know it when the widely rumoured Facebook IPO hits the streets on Wednesday February 1st.  Or will it?

Megaupload, rated by some as the 13th most visited site on the Internet was taken down late last week by the FBI under accusation of copyright infringement, however many other rights have been infringed by their actions.