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US President Barack Obama will be host Town Hall with Facebook CEO Mark Zuckerberg and Facebook COO Sheryl Sandberg on April 20.

The event which kicks-off at 4:45 Eastern time on Wednesday April 20, will be web-cast at White House Web site as well as on the White House Page on Facebook.

Virtual attendees can ask questions to the President via an online form on the White House web site or by posting them on the event’s Facebook page.

The event was announced a day after Obama kicked off his 2012 re-election campaign.

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Seven years since its debut, Facebook has yet to conquer a lot of countries in Asia, even though the number of present Facebook users from Asia is pretty strong.

Asia is the third largest Facebook continent, behind North America and Europe.  Asian Facebook users accounts for about 22% of the 650 million Facebook users in the world.

If Facebook were a country, it would have been the “Fifth most populated nation” in Asia, behind China, India, Indonesia and Pakistan. This interesting fact was pointed out in an infographic, shown below, created by Ogilvy.

facebook asia infographic Infographic: Facebook is Asias 5th Largest Country

 

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A new study suggests that the more friends you have on Facebook, the more likely you are to feel stressed out by Facebook.

In a study from Edinburgh Napier University, psychologist quizzed around 200 students on their use of Facebook and concludes that, “for a significant number of users, the negative effects of Facebook outweigh the benefits of staying in touch with friends and family.”

Dr. Kathy Charles, who led the study points out a number of paradoxes that  resulted from the study.

“For instance, although there is great pressure to be on Facebook there is also considerable ambivalence amongst users about its benefits,” said Dr Charles.

“Our data also suggests that there is a significant minority of users who experience considerable Facebook-related anxiety, with only very modest or tenuous rewards.

“And we found it was actually those with the most contacts, those who had invested the most time in the site, who were the ones most likely to be stressed.”

Certain actions that Facebook users deal with regularly can also cause psychological strain. Rejecting friend request caused 32 per cent of the respondent to feel guilty. Maybe that is why, the survey shows that 63 per cent said they delay replying to friend request and 10 per cent admitted to dislike receiving friend request. While 12 per cent of the respondents who said that Facebook in general makes them feel anxious had an average of 117 friends, the remaining 88 per cent had an average of 75 friends.

“But many also told us they were anxious about withdrawing from the site for fear of missing important social information or offending contacts. Like gambling, Facebook keeps users in a neurotic limbo, not knowing whether they should hang on in there just in case they miss out on something good,” She added.

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Rapper T-Pain showed his dedication for Facebook in a whole new level, with a Facebook-inspired tattoo, that reads “You don’t have to like me”, completed with the Website’s famous “Like” picture.

fb tpain tattoo T Pain Gets Facebook Inspired Tattoo

He got the ink-work done in Hawaii. He states that he gets a new tattoo every time he visits the place. The tattoo came into limelight after he tweeted about it in Twitter.

Gucci Mane was another rapper who grabbed the spotlight by getting an ice cream cone tattoo on his face, reportedly, to acknowledge his release from mental health facility.

It is not known why he chose to honor Facebook.

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Facebook is reportedly on the track to generating $2 billion in revenue for 2010, which is way higher than the previously projected revenue of $1 billion to $1.1 billion.

According to Bloomberg, sources have said the company’s annual revenue would have more than doubled from 2009, where the company made between $700 million and $800 million.

Thanks to its 500-plus million users, Facebook has become an attractive target for advertisers that includes big names like Coca-Cola, Adidas, and JP Morgan Chase. Facebook on the other hand is doing its job well by serving around 50 billion display ads a month, and is looking forward to serve a whopping 1 trillion display ads for 2010.

Facebook is also making a lot of cash through social gaming. With more than 200 million users actively playing social games, Facebook is reaping well with its decision to take 30% of all transactions done through Facebook credits.

Facebook has certainly made great strides in 2010 – from becoming the ultimate destination on the Internet to becoming the number one online ads display site to bagging the best workplace, and its founder and CEO being honored with the title of Time’s 2010 Person of the Year – Zuckerberg and his colleagues definitely has a lot to celebrate for.

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FacebookHackerCup 225x300 Facebook To Hold Worldwide Algorithmic Programming Contest 2011Computer engineers and computer geeks can win a free trip to Palo Alto, cash and perhaps a job offer too. Facebook announced the  Facebook 2011 Hacker Cup 2011 competition which can be the ticket to your three wishes above.

“We’re starting the Hacker Cup to bring engineers from around the world together to compete in a multi-round programming competition.  Contestants will have to successfully solve algorithmic-based problem statements to advance and are ranked by accuracy and speed,” wrote Tim Stanke in a note announcing the Facebook 2011 Hacker Cup.

The event is an annual algorithmic programming contest open to hackers from around the world.

Registration for the competition with prizes of $5000, $2000 and $1000 for the first, second and third place winners respectively starts from December 20th.

An online qualification round will be held on January 7th followed by two more online round scheduled on January 15th and January 22nd.

The top 25 competitors will be flown to Palo Alto by Facebook for the final showdown on March 11th.

Stay tuned with the Hacker Cup Facebook page for more announcements and practice on the puzzles the page offers.

The prize money isn’t worth talking about much, but it is a good opportunities for individuals to make themselves stand out to Facebook, and the world.

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The world’s most popular social networking site is busy getting ready for a new mischief.

Facebook is said to have started rolling out a new tool that allows users to make Facebook as their browser homepage.

The new tool shows a bar of notification at the top of the page asking users if they want to make Facebook as their browser home page.

According to a report on Vatornews, Facebook is experimenting this homepage suggestion with different types of messages in the notification to, and most likely roll out the new homepage tool with the messages that sees the highest success rate.

This move will definitely increase the rate of visits for Facebook, but the momentum of Facebook’s growth is still there even without this particular move.

With more than 500 million users and still growing, along with reports showing that Facebook as the destination of 1 out of 10 U.S. Internet users according to the latest report from Hitwise or ComScore’s report that shows Facebook as leading the site as an internet publishing site, this move to have users to make Facebook as the homepage seems pretty pointless. Still, there may be many other long-term plans beneath the little suggestion which may or may not be a little mischief against search engine giant Google.

Still, the homepage thing is still in testing mode. And once rolled out, the only thing to be seen is how well the mass receive it.

What is your say on this latest tool Facebook is experimenting? Will you adopt Facebook as your homepage?

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Facebook is now America’s third-most valuable web company, with estimated valuation greater than Ebay.

According to Bloomberg, the largest social networking company, with shares trading on SecondMarket for US$16, has a market value of US$41 billion putting it above EBay with US$39.3 billion. While Amazon and Google tops the list with US$74.4 billion and US$192.9 billion respectively.

Lise Buyer, founder of IPO consulting firm Class V Group, told Bloomberg that even US$41 billon may still be a low-ball estimate for the true market value of Facebook.

Facebook actual valuation will only be known when it opens up for IPO, and so far the company has mostly skirted rumours of potential initial public offering (IPO).

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Yahoo Mail recently got a makeover and it is filled to the brim with new features and improvements. Among the many improvements, performance has been boosted to twice as much than before according to the company.

Here is a quick look at the features:

Performance: The Company claims that its mail is now twice as fast. Let’s take their word on it.

Improved Search: You can now filter out emails with different kinds of attachments including PDF files, photos, videos and music etc.

Social Integration: Yahoo Mail is already has already integrated Facebook and now a robust Twitter integration is also been made. You can now read and post status updates directly from the “What’s New” page. Apart from that, the update Yahoo Mail enables you to dock multiple SMS or conversations in one window allowing you to multi task easily like check mails while you easily  keep up with any conversations.

Apart from the performance boost and more social integration, the new Yahoo Mail, according to the company, offers better spam protection, unlimited storage, improved slideshows and video streaming that can be now viewed without leaving the message.

However, the new Yahoo Mail is in beta and is not yet integrated with the company’s classic mail service (this is the first time Yahoo plans to redesign its Mail service since 2005). Users will have to opt in to try out this new beta.

(Try the new Yahoo Mail beta here)

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