Facebook is 500 Million Member Strong and Counting

Facebook 500 MillionSometime this morning, Facebook crossed another important milestone by adding the 500 millionth member to its network. Mark Zuckerberg made the announcement via a post on the Facebook blog.

To mark the occasion, Facebook is launching a new application. Describing the application, the post says,

“We’re launching a new application called Facebook Stories where you can share your own story and read hundreds of others, categorized by themes and locations around the world.”

To show appreciation to its members, Facebook has put together a photo album with a message of thanks.

Source: Facebook

Blog Platform Blogetery Shut Down Due to Terrorist Content

Blogetery ShutdownBurstNET, the hosting provider for Blogetery has shut down the blogging platform due to the presence of links to bomb making instructions and an Al-Qaida “hit list”, according to a statement on the BurstNET site.

The statement says that on July 9th FBI had revealed that terrorist content had been posted on the blogging site and had asked for “information regarding ownership of the servers hosting Blogetery.com”.

Clarifying that the decision to shut the platform down was its own, BurstNET says that Blogetery was in violation of the Acceptable Use policy, which strictly prohibits the posting of “terrorist propaganda, racist material, or bomb/weapon instructions” in addition to having a “history of previous abuse”

In a separate statement made to CNET, BurstNET’s CTO, Joe Marr said that a Burst.net employee erred in telling Blogetery’s operator and members of the media that the FBI had ordered it to terminate Blogetery’s service. He said Burst.net did that on its own.

Meanwhile, Blogetery’s website states that

“After being BurstNet customer for 7 months our server was terminated without any notification or explanation. We’re trying to resolve the situation.”

It also directs visitors to a thread on webhostingtalk forum, for more details about the shutdown.

Sources: BurstNET, CNET

Facebook to Sell Site Credits in Asia

In a move to increase the access to paid games and virtual goods, Facebook is entering into a deal with a Malaysian company to sell site credits in physical stores. According to an AP report:

“Electronic payments company MOL – part of the business empire of tycoon Vincent Tan – will offer the online currency from Aug. 1 at more than 500,000 outlets including 7-Eleven stores, Internet cafes and online banks in five Southeast Asian countries, India, Australia and New Zealand, company spokesman Nor Badron said Friday.”

 

This could be a great move for Facebook. If successful, they could easily expand this approach to other parts of the world where online payments are not prevalent. Further, this move could also open up a whole new crop of app developers, ready to develop local flavored apps and games.

Source AP

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