Facebook has a worm. It was bound to happen: As the web increases in popularity, it was just a matter of time before security bad guys started targeting web applications in earnest. Recent research from IBM suggests that the pace of security vulnerabilities on the web is accelerating.This particular worm on Facebook is highly insidious: The worm spreads when a compromised user's account is used to send message to others with a title such as "LOL. You've been catched on hidden cam, yo:" and a link to a random URL. The linked website is a … Read more
Facebook security chief Max Kelly has assured members in a blog post that the social network is "fighting the good fight" when it comes to several malware attacks discovered on the site in recent days.
"We spent most of last night working on a fix for a worm, which was targeting people on Facebook and placing messages on walls urging users to view a video that pretends to be hosted on a Google or YouTube Web site," Kelly wrote. "Less than .002 percent of people on Facebook have been affected, all of whom we notified … Read more
Facebook is announcing later on Thursday a complete revamp of the analytics system it offers to developers for measuring the performance of their applications on its platform. It's more extensive than the company's recent decision to switch from publicly reporting daily use to monthly use.
It'll be officially announced on the Facebook developer blog.
The new analytics are available only to the developer who created a given application, not to Facebook's general membership of 90 million. They'll be available under a "Features" tab in the application's page, and they will index "… Read more
Public wall posts purporting to be from someone on a user's friends list invite the user to click on some kind of video or image, and the URL appears to lead to something hosted on Google.com. That's a spoof--it really directs to a grinning photo of a court jester sticking out its tongue--and a downloaded Trojan. Sophos has not said what the worm then does.
Facebook representatives were not immediately … Read more
On Monday we heard that Facebook was allowing current employees to sell a delineated portion of their common stock, something that the company confirmed on Tuesday.
Now, VentureBeat's Eric Eldon, who also originally reported the Facebook tidbit, says that LinkedIn employees are going to have the option of doing the same. The business social network, Eldon wrote, is allowing current employees to sell 20 percent of their equity in the company at a $500 million valuation. That's quite a bit lower than the billion-dollar valuation reportedly bestowed upon the company after its recent $53 million Series D funding … Read more
A sharp-eyed tipster told Nick O'Neill at All Facebook that the social network has modified the metrics it uses to track user activity on developer applications.
Instead of reporting how many daily active users an application has, Facebook now reports its monthly active users. The reason, company representatives said, is that while there's no universal metric that applies to all applications, monthly generally works better than daily: education applications might peak during the week, movie-related apps could have higher traffic on weekends, and some games might see their peak during boring afternoons at the office. Plenty of "… Read more
It's also interesting in that the company makes use of a wide array of open APIs and developed their own to create a networked effect of usage.
In a bit of a twist, Zembly runs on Solaris and Sun … Read more
Developers, start your engines: submissions are now open for the developer application contest that Facebook created for its FBFund grant program. Winning developers, who submit business plans for their prototypical Facebook Platform applications, will receive between $25,000 and $250,000 in grant money. The company plans to give away $10 million total.
The contest was originally detailed at this year's F8 conference, in which the 10 original FBFund selectees were also unveiled.
Monday saw the kickoff of the competition's Round 1, in which 25 winning proposals announced on September 22 will each be awarded $25,000. The … Read more
If you see an increase in the number of 20-somethings driving nice cars around Palo Alto any time soon, maybe this is why: VentureBeat reported Monday that Facebook is ready to let current employees unload a fifth of their stock options, at the company's internal valuation of $4 billion. It's slated to start this fall. For early employees of the company, which was founded in a Harvard dorm room, this could mean some legit cash.