Amazing Photos From Around the World on Instagram

JMullenInstagramWith over 150 million people on Instagram snapping photos, we’re bound to see some amazing imagery, right? YES! There are so many interesting photos being shared with people, it’s like you’re right there with them in that special moment. One such talented Instagrammer is CNN journalist, Jethro Mullen, in Hong Kong. Jethro has been taking pictures of architecture, skyscrapers, places and events all around Hong Kong and beyond and has been posting his photos on Instagram for everyone to see. So, Social Media TAB checked back into Jethro’s Instagram page to see how things we’re going and we were amazed at his progress. Here are some images you can find on Jethro’s Instagram page.JMullen2InstagramJMullen3Instagram

Which one is your favorite? AND, if you have an Instagram page and would like to share your link with us, please email us at socialmediatab@gmail.com

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Posted On 29 Dec 2013

News Report from Facebook: Bringing New Wind to Iowa

Facebook Article By Vincent Van SonData Center Energy Manager

When our new data center in Altoona, Iowa, starts serving traffic in early 2015, we expect it to be supplied by 100% renewable energy, as tracked by renewable energy certificates, from a new wind project in nearby Wellsburg, Iowa.We first started working on this project with RPM Access, a local wind project developer, as we were finalizing our decision to locate in Iowa. Earlier this spring, we transferred our rights to the development to MidAmerican Energy, our local utility, to build, own, and operate it.

 

A New Wind for Iowa
Not Actual – ­ Representation of Anticipated View of Project Once Completed in 2014

Construction is under way, and once it’s completed in 2014, the project will add up to 138 MW of new renewable wind capacity to the grid in Iowa – more than what our data center is likely to require for the foreseeable future. And since our Altoona data center will be based on the latest Open Compute Project designs, we expect that it will join our data centers in Oregon, North Carolina, and Sweden as some of the most advanced, efficient, and sustainable data centers in the world.

When we settled on Altoona as the location for our fourth data center, one of the deciding factors was the opportunity to help develop a new wind project in the state. The project brings additional investment and jobs to the region, and in effect it makes it possible, on an annualized basis, for 100% of our energy needs to be met entirely with one of Iowa’s most abundant renewable resources. We are committed to reaching 25% clean and renewable energy in our global data center mix in 2015, and we will continue to work with utilities and other partners on supply options for our other data centers.

We want to thank MidAmerican Energy, RPM Access, and everyone else who helped bring this about. We have a lot of work ahead of us to help connect everyone, understand the world, and build the knowledge economy – and we will continue to seek out solutions that allow us to do so in the most efficient and sustainable ways possible.

Social Media Tab supports wind energy too!

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Posted On 26 Nov 2013

Unbelieveable Video on How To Get A Car Out of Icy Water!

RussianIcyWaterAmazing video of using one’s brain to pull a large object out of icy waters. Watch this amazing YouTube video from Russia and let us know what you think of this incredible feat?
VIDEO

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Posted On 25 Nov 2013

7 Powerful Google+ Tips for Local Businesses

Google+ LogoAs a local business, you have many priorities that come before using words like “social media” and “search ranking”.

But once you’re operations are running smoothly, whether you’re a local pizza shop or a sneaker store, it certainly helps to have Google on your side. Had Google+ (the social networking site that started two years ago in a desperate bid to compete with ever-growing Facebook) not been owned by the world’s most dominant search engine, it would probably be little more than a flash-in-the-pan memory by now.

Instead Google has managed an admirable feat. While Google+ is not the social influencer that Facebook and Twitter have become, it has turned into something equally valuable: a great resource for businesses.

Google rewards businesses that post on Google+ with higher search rankings. The more active your business, the higher your ranking climbs, which is especially valuable for local searches where you have fewer competitors battling for results. Here are seven tips for helping your business thrive by using Google+.

1. Fill Out All Your Information

You’ve surely seen information about a business you’re searching for pop up on the right side of your Google search results. You can thank Google+ for that. By filling out all of the information that’s asked for on the Google+ page, including the address, phone number and hours of your establishment, your business can also get slotted to the right side searches, delivering all the relevant information someone is looking for without forcing them to click anywhere else. Talk about convenience.

2. Optimize Your Post’s Title

Google+ makes the first sentence of your post into the title of your post as well. Because everyone has been drilled in the art of SEO, you know that it’s essential to make your title something smart, relevant and interesting that will draw a lot of clicks. For example, say your business makes party hats. If you title a post, “Party hats are a lot of fun,” you probably won’t get a lot of hits.

But if you title it, “Six unexpected uses for party hats,” you’re much more likely to get click-throughs. Also be sure to pepper your first sentence with keywords.

3. Utilize Hangouts

One of the unique features of Google+ is Hangouts, where you can “hang out” with your customers in real time. Schedule times for different employees to be on the social network for face time with potential or longtime customers. Pick different topics to address each session. Have you had a lot of feedback about your slow-loading web page or many requests for a certain product that you haven’t reordered since Easter? Address those concerns during Hangouts.

It also goes a long way toward putting a face to your business, which, again, attracts customers looking for a personal touch.

4. Review Other Businesses

When people do geo-based searches, Google now pops up a local carousel that lists all possible results, along with photos of the businesses. Of course, it’s great to get your business listing into that carousel, because it is so eye-catching. But you can also draw additional traffic to your site by appearing as one of the reviewers quoted in articles about those businesses.

Turn your Google+ page into a mini review site, offering your take on other local establishments to help surfers in their quest for local information. Be honest, but limit your reviews largely to places you feel good about endorsing so that you’re not bashing other local businesses. Your reviews will show up with your business’s name attached, leading to click-throughs.

googleplus-button5. Include a ‘+1’ Button

Yep, this sounds like an obvious tip, but you’d be surprised how many businesses do not employ it. Just as you undoubtedly have a Facebook and a Twitter button on your web site allowing people to find you easily on social media, put a Google+ “+1” button on as well.

Also include this on your site’s pages where you post information and news, so that your customers can easily share it across Google+.

6. Seek Out Influential Local Contacts

People who wield local influence are great ways to spread the word about your business on Google+. Find the names of the local chamber of commerce head, the local newspaper publisher and local bloggers.

Make sure you are connected with them on Google+, where you can share content ranging from dates for upcoming events to sales, in the hopes they’ll pass some of it along to their followers. Mentioning them by name in a post is a good idea too.

7. Enable Authorship

If you have not done this already, be sure to enable authorship for everyone who posts to your Google+ account. This essentially gives each post a personal touch. It lets browsers know who wrote the item, which is useful for small businesses trying to establish community connections. But it’s also an effective search engine optimization (SEO) tactic.

Studies have shown that no matter where a story shows up on a page, it is more likely to be clicked on if it includes authorship. This may be because in an age of so much computer-generated information, it’s reassuring to see an actual person behind information on the web.

About the Author: Jesse Aaron is a professional blogger with a passion for social media marketing. Jesse enjoys gardening and stresses proper deer control for sustaining a healthy garden.

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Posted On 25 Nov 2013

Making Fun of Social Media with Facebook, Twitter, LinkedIn and More

Vintage Social Networking cartoon - SocialMediaTAB.com

Vintage Social Networking cartoon – SocialMediaTAB.com

One way to get people’s attention in the social media business is to draw a cartoon about it. If your cartoon happens to be making fun of all the top social networking sites like Facebook, Twitter, YouTube, Pinterest, LinkedIn, Tumblr, Skype, Instagram, Foursquare, WordPress, Reddit, and any others, it will be a hit. This particular cartoon made its debut a few years ago and it’s still making the rounds in social media posts, walls and photos. What’s your favorite item in this cartoon??? We’d love to hear your opinion. And, if you create your own social media cartoon, send it to us. We’d love to feature it on our homepage.

Enjoy!

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Posted On 22 Oct 2013

Apple CEO, Tim Cook, Joins Twitter on iPhone 5S and 5C Release Day

Apple CEO Joins Twitter - AppsGacdgetsETC.com

Apple CEO Joins Twitter – AppsGadgetsETC.com

It’s official! Apple CEO, Tim Cook, creates his first Twitter account to kick off the releases of the new iPhone 5S and 5C. Mr. Cook’s first tweet is as follows: “Visited Retail Stores in Palo Alto today. Seeing so many happy customers reminds us of why we do what we do.” – @tim_cook.

It’s amazing that Mr.Cook didn’t have a Twitter account previously, but it was great timing on his part. Within the first few hours of joining Twitter more than 70,000 people logged on and followed him. His Twitter account states: CEO Apple, Fan of Auburn football and Duke basketball.

Will you be following him on Twitter too? What would you like to see him tweet?

 

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Posted On 20 Sep 2013

Pinterest To Test Advertisement Pins – Awaiting Your Comments

Pinterest - SocialMediaTAB.com

Pinterest – SocialMediaTAB.com

In a recent letter sent to all of their members, Pinterest explained that they want to be a profitable company and be here for years to come. You knew this was coming and no one should be shocked. It should all be taken in and accepted. Pinterest (launched March 2010) has grown very rapidly over the past few years.  Pinterest had more than 11.7 million unique users as of January 2012 and became the fastest site in history to break through the 10 million unique visitor mark. According to ComScore’s most recent numbers as of February 2013, Pinterest had 48.7 million users globally. So, now their business needs some help to keep things moving along nicely. After all, you’ve been pinning your wishlists and photos for free, right? If a few promoted pins start showing up, it could offer even more ideas. Here’s a copy of the most recent letter sent to its users in case you didn’t read it or receive it.

Just over a year ago, my wife and I welcomed our son into the world. Since his first day, I’ve been pinning fun things we can do together, right now while he’s still littleand later when he gets older. I know many of you do the same. Pinterest is where you keep your wishlists, vacation plans, dream home ideas, and other things you want to do soon and in the future.That’s why for us, it’s so important that Pinterest is a service that will be here to stay. To help make sure it does, we’re going to start experimenting with promoting certain pins from a select group of businesses.

I know some of you may be thinking, “Oh great…here come the banner ads.” But we’re determined to not let that happen. While we haven’t figured out all the details, I can say that promoted pins will be:

  • Tasteful—No flashy banners or pop-up ads.
  • Transparent—We’ll always let you know if someone paid for what you see, or where you see it.
  • Relevant—These pins should be about stuff you’re actually interested in, like a delicious recipe, or a jacket that’s your style.
  • Improved based on your feedback—Keep letting us know what you think, and we’ll keep working to make things better.

 

For our first test, we’ll promote a few pins in search results and category feeds. For example, a pin for a Darth Vader outfit from a costume shop might be promoted in a search for “halloween.” Nobody’s paying for anything yet—we want to see how things go and, more than anything, hear what you think.

Thanks so much for all your support these first few years, and we hope you’ll keep pinning with us for many years to come!

All the best, 
Ben

SO, there you have it people. What do you think of Pinterest’s new move to keep their site growing and moving to the next level? Will you continue to be a pinner? Please comment below…

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Posted On 20 Sep 2013

Was Miley Cyrus Re-Branding Herself at the MTV Awards or Looking For Something Else?

Miley Cyrus MTV Awards 2013

Miley Cyrus MTV Awards 2013

It looks like Miley Cyrus got exactly what she wanted… publicity! Good or bad, it was major publicity. According to several reports, over 360,000 tweets per minute were running through twitter during and after her recent MTV performance. An incredible record indeed!

Many believe she is still trying to re-brand herself. Families still think of her and remember her from her cute and calm days of Hanna Montana. Now in her early twenties, Miley is trying hard to step away from her tween-teenager days and focus on her future. However, many brand experts believe she’s simply looking to show the public that there’s also a mature (some say raunchy), dark side to her as well. Some also believe the Cyrus camp are, “using her fame to bring shock and awe” in order to re-brand a more adult Miley Cyrus that is able to take on adult roles in both TV and movies. But, when it comes down to it, she got all the needed attention. The world now knows that Miley is an adult and that she enjoys singing, dancing and acting in her own way.

What are your thoughts on her recent publicity and what people are now saying about her?

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Posted On 28 Aug 2013

Facebook Reports Financial Results for Second Quarter 2013

 

Facebook Second Quarter 2013 Results - SocialMediaTAB.com

Facebook Second Quarter 2013 Results – SocialMediaTAB.com

Facebook, Inc. (NASDAQ: FB) today reported financial results for the second quarter, which ended June 30, 2013.

“We’ve made good progress growing our community, deepening engagement and delivering strong financial results, especially on mobile,” said Mark Zuckerberg, Facebook founder and CEO. “The work we’ve done to make mobile the best Facebook experience is showing good results and provides us with a solid foundation for the future.”

Second Quarter 2013 Financial Summary

In millions, except percentages and per share amounts Q2’12 Q2’13 YTD’12 YTD’13
Revenue $ 1,184 $ 1,813 $ 2,242 $ 3,271
Income (Loss) from Operations
GAAP $ (743) $ 562 $ (362) $ 935
Non-GAAP $ 515 $ 794 $ 1,000 $ 1,357
Operating Margin
GAAP (63%) 31% (16%) 29%
Non-GAAP 43% 44% 45% 41%
Net Income (Loss)
GAAP $ (157) $ 333 $ 48 $ 552
Non-GAAP $ 295 $ 488 $ 582 $ 800
Diluted Earnings (Loss) per Share (EPS)
GAAP $ (0.08) $ 0.13 $ 0.02 $ 0.22
Non-GAAP $ 0.12 $ 0.19 $ 0.24 $ 0.32

Second Quarter 2013 Operational Highlights

 

  • Daily active users (DAUs) were 699 million on average for June 2013, an increase of 27% year-over-year.
  • Monthly active users (MAUs) were 1.15 billion as of June 30, 2013, an increase of 21% year-over-year.
  • Mobile MAUs were 819 million as of June 30, 2013, an increase of 51% year-over-year.  Mobile DAUs were 469 million on average for June 2013.

Recent Business Highlights

 

  • Surpassed 1 million active advertisers on Facebook, driven by significant growth in local businesses.
  • Introduced video for Instagram and saw 5 million videos uploaded in the first 24 hours.
  • Facebook for Every Phone has now passed 100 million monthly active users.  In just two years, Facebook for Every Phone has successfully putFacebook into the hands of millions of people around the world with limited access to the Internet, giving them the power to connect and share.
  • Launched products including Verified Pages, hashtags and embedded posts to help people on Facebook connect with their friends about what’s taking place all over the world.
  • Announced that there have now been over 100,000 apps built on Parse, a cloud-based platform that provides scalable cross-platform services and tools for developers to enable them to build apps that span mobile platforms and devices.
  • Facebook’s data center in Lulea, Sweden, began serving live user traffic around the world using Facebook’s Open Compute Project designs and renewable energy.

Second Quarter 2013 Financial Highlights

 

Revenue — Revenue for the second quarter of 2013 totaled $1.81 billion, an increase of 53%, compared with $1.18 billion in the second quarter of 2012.

  • Revenue from advertising was $1.60 billion, representing 88% of total revenue and a 61% increase from the same quarter last year.
  • Mobile advertising revenue represented approximately 41% of advertising revenue for the second quarter of 2013.
  • Payments and other fees revenue was $214 million for the second quarter of 2013, an increase of 11% from the same quarter last year.

Costs and expenses — GAAP costs and expenses for the second quarter of 2013 were $1.25 billion, a decrease of 35% from the second quarter of 2012, as costs in the second quarter of 2012 were materially impacted by the share-based compensation expense resulting from our IPO.  Excluding share-based compensation and related payroll tax expenses, non-GAAP costs and expenses were $1.02 billion in the second quarter, up 52% compared to $669 million for the second quarter of 2012.

Income (loss) from operations — For the second quarter of 2013, GAAP income from operations was $562 million, compared to a GAAP loss from operations of $743 million in the second quarter of 2012. Excluding share-based compensation and related payroll tax expenses, non-GAAP income from operations for the second quarter was $794 million, up 54% compared to $515 million for the second quarter of 2012.

Operating margin — GAAP operating margin was 31% for the second quarter of 2013, compared to negative 63% in the second quarter of 2012. Excluding share-based compensation and related payroll tax expenses, non-GAAP operating margin was 44% for the second quarter of 2013, compared to 43% for the second quarter of 2012.

 

Provision for income taxes — GAAP income tax expense for the second quarter of 2013 was $212 million, representing a 39% effective tax rate. Excluding share-based compensation and related payroll tax expenses, the non-GAAP effective tax rate would have been approximately 37%.

Net income (loss) and EPS  For the second quarter of 2013, GAAP net income was $333 million, compared to a net loss of $157 million for the second quarter of 2012. Excluding share-based compensation and related payroll tax expenses and income tax adjustments, non-GAAP net income for the second quarter of 2013 was $488 million, up 65% compared to $295 million for the second quarter of 2012.  GAAP diluted EPS was $0.13 in the second quarter of 2013, compared to a loss per share of $0.08 in the second quarter of 2012.  Excluding share-based compensation and related payroll tax expenses and income tax adjustments, non-GAAP diluted EPS for the second quarter of 2013 was $0.19, up 58% compared to $0.12 in the second quarter of 2012.

Capital expenditures — Capital expenditures for the second quarter of 2013 were $268 million, a 35% decrease from the second quarter of 2012.

Cash and marketable securities — Cash and marketable securities were $10.3 billion at the end of the second quarter of 2013.

 

 

About Facebook

 

Founded in 2004, Facebook’s mission is to give people the power to share and make the world more open and connected. People use Facebook to stay connected with friends and family, to discover what’s going on in the world, and to share and express what matters to them.

 

FACEBOOK, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions, except for per share amounts)
(Unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2012 2013 2012 2013
Revenue $ 1,184 $ 1,813 $ 2,242 $ 3,271
Costs and expenses:
Cost of revenue 367 465 644 878
Research and development 705 344 858 637
Marketing and sales 392 269 535 472
General and administrative 463 173 567 349
Total costs and expenses 1,927 1,251 2,604 2,336
Income (loss) from operations (743) 562 (362) 935
Interest and other (expense) income, net:
Interest expense (10) (14) (24) (29)
Other (expense) income, net (12) (3) 3 (8)
Income (loss) before provision for income taxes (765) 545 (383) 898
(Provision for) benefit from income taxes 608 (212) 431 (346)
Net income (loss) $ (157) $ 333 $ 48 $ 552
Less: Net income attributable to participating securities 2 21 3
Net income (loss) attributable to Class A and Class B common stockholders $ (157) $ 331 $ 27 $ 549
Earnings (loss) per share attributable to Class A and Class B
common stockholders:
Basic $ (0.08) $ 0.14 $ 0.02 $ 0.23
Diluted $ (0.08) $ 0.13 $ 0.02 $ 0.22
Weighted-average shares used to compute earnings (loss) per share
attributable to Class A and Class B common stockholders:
Basic 1,879 2,407 1,613 2,397
Diluted 1,879 2,502 1,792 2,499
Share-based compensation expense included in costs and expenses:
Cost of revenue $ 66 $ 11 $ 71 $ 19
Research and development 545 151 605 268
Marketing and sales 232 33 251 57
General and administrative 263 29 282 50
Total share-based compensation expense $ 1,106 $ 224 $ 1,209 $ 394
Payroll tax expenses related to share-based compensation included in costs and expenses:
Cost of revenue $ 6 $ – $ 6 $ 1
Research and development 48 7 49 18
Marketing and sales 25 1 25 5
General and administrative 73 73 4
Total payroll tax expenses related to share-based compensation $ 152 $ 8 $ 153 $ 28

 

FACEBOOK, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions)
(Unaudited)
December 31, June 30,
2012 2013
Assets
Current assets:
Cash and cash equivalents $ 2,384 $ 3,001
Marketable securities 7,242 7,251
Accounts receivable 719 775
Income tax refundable 451 7
Prepaid expenses and other current assets 471 387
Total current assets 11,267 11,421
Property and equipment, net 2,391 2,577
Goodwill and intangible assets, net 1,388 1,631
Other assets 57 95
Total assets $ 15,103 $ 15,724
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable $ 65 $ 55
Platform partners payable 169 172
Accrued expenses and other current liabilities 423 505
Deferred revenue and deposits 30 32
Current portion of capital lease obligations 365 316
Total current liabilities 1,052 1,080
Capital lease obligations, less current portion 491 351
Long-term debt 1,500 1,500
Other liabilities 305 444
Total liabilities 3,348 3,375
Stockholders’ equity
Common stock and additional paid-in capital 10,094 10,167
Accumulated other comprehensive income (loss) 2 (29)
Retained earnings 1,659 2,211
Total stockholders’ equity 11,755 12,349
Total liabilities and stockholders’ equity $ 15,103 $ 15,724

 

 

 

FACEBOOK, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
(Unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2012 2013 2012 2013
Cash flows from operating activities
Net income (loss) $ (157) $ 333 $ 48 $ 552
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization 139 230 249 463
Lease abandonment expense 3 57 3 65
Loss on disposal or write-off of equipment 3 11 4 20
Share-based compensation 1,106 224 1,209 394
Deferred income taxes (350) 26 (374) 19
Tax benefit from share-based award activity 327 89 381 148
Excess tax benefit from share-based award activity (327) (93) (381) (155)
Changes in assets and liabilities:
Accounts receivable (105) (116) (40) (62)
Income tax refundable (567) 419 (567) 444
Prepaid expenses and other current assets 26 10 (7) (16)
Other assets (3) (8) (9) (44)
Accounts payable (5) 1 (8) 2
Platform partners payable (22) (18) (15) 3
Accrued expenses and other current liabilities 184 42 186 9
Deferred revenue and deposits (8) 2 (5) 2
Other liabilities (4) 113 7 197
Net cash provided by operating activities 240 1,322 681 2,041
Cash flows from investing activities
Purchases of property and equipment (413) (268) (866) (595)
Purchases of marketable securities (6,081) (1,952) (6,957) (3,460)
Sales of marketable securities 59 576 128 1,275
Maturities of marketable securities 539 1,271 1,106 2,174
Investments in non-marketable equity securities (2) (1) (3) (1)
Acquisitions of businesses, net of cash acquired, and purchases of intangible assets (550) (122) (575) (221)
Changes in restricted cash and deposits (2) (2) (3) 4
Net cash used in investing activities (6,450) (498) (7,170) (824)
Cash flows from financing activities
Net proceeds from issuance of common stock 6,761 6,761
Taxes paid related to net share settlement of equity awards (153) (558)
Proceeds from exercise of stock options 4 2 9 10
Proceeds from sale and lease-back transactions 20 82
Principal payments on capital lease obligations (72) (91) (143) (200)
Excess tax benefit from share-based award activity 327 93 381 155
Net cash provided by (used in) financing activities 7,040 (149) 7,090 (593)
Effect of exchange rate changes on cash and cash equivalents (14) 1 (15) (7)
Net increase in cash and cash equivalents 816 676 586 617
Cash and cash equivalents at beginning of period 1,282 2,325 1,512 2,384
Cash and cash equivalents at end of period $ 2,098 $ 3,001 $ 2,098 $ 3,001
Supplemental cash flow data
Cash paid during the period for:
Interest $ 10 $ 14 $ 19 $ 26
Income taxes $ 8 $ 9 $ 182 $ 18
Cash received during the period for:
Income taxes $ – $ 419 $ – $ 419
Non-cash investing and financing activities:
Net change in accounts payable and accrued expenses and other current liabilities related to property and equipment additions $ (169) $ (52) $ (59) $ (5)
Property and equipment acquired under capital leases $ 52 $ – $ 90 $ 11
Fair value of shares issued related to acquisitions of businesses and other assets $ 18 $ 44 $ 25 $ 77

 

 

Reconciliation of Non-GAAP Results to Nearest GAAP Measures
(In millions, except for number of shares)
(Unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2012 2013 2012 2013
GAAP revenue $ 1,184 $ 1,813 $ 2,242 $ 3,271
Foreign exchange effect on 2013 revenue using 2012 rates 13 17
Revenue excluding foreign exchange effect $ 1,826 $ 3,288
GAAP revenue year-over-year change % 53% 46%
Revenue excluding foreign exchange effect year-over-year change % 54% 47%
GAAP advertising revenue $ 992 $ 1,599 $ 1,864 $ 2,844
Foreign exchange effect on 2013 advertising revenue using 2012 rates 13 16
Advertising revenue excluding foreign exchange effect $ 1,612 $ 2,860
GAAP advertising revenue year-over-year change % 61% 53%
Advertising revenue excluding foreign exchange effect year-over-year change % 63% 53%
GAAP costs and expenses $ 1,927 $ 1,251 $ 2,604 $ 2,336
Share-based compensation expense (1,106) (224) (1,209) (394)
Payroll tax expenses related to share-based compensation (152) (8) (153) (28)
Non-GAAP costs and expenses $ 669 $ 1,019 $ 1,242 $ 1,914
GAAP income (loss) from operations $ (743) $ 562 $ (362) $ 935
Share-based compensation expense 1,106 224 1,209 394
Payroll tax expenses related to share-based compensation 152 8 153 28
Non-GAAP income from operations $ 515 $ 794 $ 1,000 $ 1,357
GAAP net income (loss) $ (157) $ 333 $ 48 $ 552
Share-based compensation expense 1,106 224 1,209 394
Payroll tax expenses related to share-based compensation 152 8 153 28
Income tax adjustments (806) (77) (828) (174)
Non-GAAP net income $ 295 $ 488 $ 582 $ 800
GAAP diluted shares 1,879 2,502 1,792 2,499
Assumed preferred stock conversion1 273 409
Dilutive securities excluded due to net loss 177
Dilutive equity awards excluded from GAAP1 122 185
Non-GAAP diluted shares 2,451 2,502 2,386 2,499
GAAP diluted earnings (loss) per share $ (0.08) $ 0.13 $ 0.02 $ 0.22
Net income attributable to participating securities 0.01
Non-GAAP adjustments to net (loss) income 0.24 0.06 0.29 0.10
Non-GAAP adjustments to diluted shares (0.04) (0.08)
Non-GAAP diluted earnings per share $ 0.12 $ 0.19 $ 0.24 $ 0.32
GAAP operating margin (63%) 31% (16%) 29%
Share-based compensation expense 93% 12% 54% 12%
Payroll tax expenses related to share-based compensation 13% -% 7% 1%
Non-GAAP operating margin 43% 44% 45% 41%
GAAP income (loss) before (provision for) benefit from income taxes $ (765) $ 545 $ (383) $ 898
GAAP (provision for) benefit from income taxes 608 (212) 431 (346)
GAAP effective tax rate 79% 39% 113% 39%
GAAP income (loss) before (provision for) benefit from income taxes $ (765) $ 545 $ (383) $ 898
Share-based compensation and related payroll tax expenses 1,258 232 1,362 422
Non-GAAP income before provision for income taxes $ 493 $ 777 $ 979 $ 1,320
Non-GAAP provision for income taxes 198 289 397 520
Non-GAAP effective tax rate 40% 37% 41% 39%
Net cash provided by operating activities $ 240 $ 1,322 $ 681 $ 2,041
Purchases of property and equipment (413) (268) (866) (595)
Property and equipment acquired under capital leases (52) (90) (11)
Free cash flow $ (225) $ 1,054 $ (275) $ 1,435
1 Gives effect to assumed preferred stock conversion and other dilutive equity awards prior to our IPO for comparability

 

SOURCE Facebook, Inc.

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Posted On 24 Jul 2013

How Pinterest Can Help Improve Your Life

by  By Amy Hourigan

Pinterest - SocialMediaTAB.com

Pinterest – SocialMediaTAB.com

I seriously wonder how we ever survived without the wonders of the Internet. We have access to information that we could spend a lifetime absorbing and never even penetrate the surface.

Our every thought and need is covered somewhere online. There is a website or blog covering every single thing you can imagine; recipes, house and garden, quotes, fashion, craft and blogs.

So how do we organise and contain all this information? How do we keep track of all our favourite ideas in one place?

Well my place of ___ Pinterest.

Pinterest is a virtual pinboard. It allows you to ‘pin’ your favourite web pages to your aesthetically pleasing pinboard. You can group your pins onto your pinboards by topic, making finding them again a breeze.

My Pinterest account’s most useful feature is my recipe pinboards. Note the plural. Not just one pinboard for recipes but several. My recipes are sorted into genres: Asian, paleo, clean eating, desserts, easy quick meals, birthday party treats and more. In fact, I got rid of most of my cookbooks as Pinterest has everything I need from the easiest pancake recipe to the most elaborate birthday cakes.

My kids are science mad so I have a pinboard dedicated to quick and easy science experiments that we can do from home. Instead of sifting through Google searches every time we want to make some science mess, I have loads of ideas all there ready for the science mood to hit (which it does at the most inopportune of moments).

Special thanks to Parent Well being for sharing this info. For more please click here.

Posted On 24 Jul 2013