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).
A woman is claiming that she is being cyber-harassed after Web hosting service GoDaddy revealed her email address to a spammer about two years ago. It all started when Jamie Bernstein, a blogger for website Skepchick, reported a "dodgy-looking" spam email she received in 2012.
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.