As far as I know, all P2P banks are having a hard time to get transactions finished. There is a lot of interest on their activities, but it is mainly buzz. Volume is not so high. But this could change with Fynanz and GreenNote. I really like their student to student type of system.
At a conference in Madrid, Natalia Martos, chief law officer at Spanish social network Tuenti, criticized Facebook for avoiding the European privacy regulation. She asked Facebook to be honest in this respect and not hide in Mountain View, while it’s making business with Spanish users.
Twitter used to be an open network and Facebook used to be a close one. Not any more. Facebook is opening itself up. Why? Revenue generation thru Google based visitors has a lot to do with this change. The Freemium model (charging users for some extra services) does not work so far and Facebook users [...]
Spanish social network Tuenti has gotten into the TechCrunch Europe Top 100, with 86 points and the 5th position. The reasons for this sudden interest towards the Spanish company are, according to TechCrunch, that it has 20 billion pageviews and that it can be considered “the Facebook of Spain”.
The Interactive Advertising Bureau (IAB) has asked 503 net users on social networks. Results are quite interesting: 87% of interviewed people say they know Facebook. It goes all the way to 97% when the name of the network is suggested.
Not Facebook nor Skyrock. The main social network in France in terms of user accounts is Copains d’Avant, which gets together former school and university students. This is at least what shows a study by Ifop, a research company that has interviewed 1,000 people.
Beware of what you do on Facebook if you have more than 20 friends. According to Spanish Data Protection Agency, 20 is the limit between private and public stuff. So if you have more friends you can not share whatever with them. And this applies to any EU country, as the data protection regulation is [...]
The Basque Police (Ertzaintza) has arrested a guy who was identified on a social network. According to the press release, the 13 year-old victims saw one of the three attackers on a social network and immediately told the Police. They had been robbed some money and their mobile phones, after being threatened with a a [...]
Friendster was bought two weeks ago by Malaysian company MOL Global for, according to TechCrunch, $26.4 million. This price shows that, because of Metcalfe’s law, in social networking only the largest companies can stay. This means that the market is already overcrowded and some players have to step out of it.
What Facebook is doing with privacy settings is not legal. According to EU regulation, you have to be asked if you want to share your personal data. This can not be a default setting, as Facebook is doing, so that most people won’t really notice that they are transforming their Facebook profile into a public [...]
