A US judge has ordered a self-crowned "Spam King" to pay Facebook 711 million dollars for slipping uninvited into people's accounts to send bogus marketing messages.Facebook on Friday acknowledged that Sanford Wallace is unlikely to pay the money awarded by the court but proclaimed the ruling a blow in an ongoing battle against spam at the leading online social-networking service.
By Markos Kaminis (Wall St. Greek): A recent article at Bloomberg Businessweek alerted me to a bit of important information that should play a role in the valuation of many social media companies, including Facebook (FB).
The Facebook Messages test, which is currently limited to the US, lets a sender pay $1 to make sure an electronic missive is routed to someone’s “inbox” even when the person isn’t in their circle of friends, reports The Telegraph.
Is it really a fake out when a fake person turns out to be real? That’s what’s happened with Horse Ebooks, the beloved Twitter spam account that, it’s now been revealed, was mostly the work of a New York performance artist and Buzzfeed creative manager.
For years, the account has been stringing together seemingly random words into sentences — creating baffling, sometimes profound-sounding messages like “our entire bodies have always been the most powerful form of visual expression.”