Social Media News Update

1. Twitter's IPO

"We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale."
— Twitter (@twitter) September 12, 2013

Twitter announced its intent to file for an initial public offering (IPO) to transition to become a publicly traded corporation - by tweeting.  Potential investors will want to know how the company currently makes money and how they plan to make more money in the future.

2. Facebook "likes" are protected free speech

Reversing a lower court's ruling, the U.S. 4th Circuit Court of Appeals ruled that a Facebook like is a form of expression and deserves constitutional protection (Associated Press, 2013, September 18).

3. Facebook allows news outlets to display public Facebook posts in real-time

Given that many people are on social media while watching primetime TV, Facebook is allowing some news groups to show public Facebook posts about relevant topics during TV shows, according to Justin Osofsky, Facebook's VP of Media Partnerships and Online Operations. Check out the related infographic below (Facebook Internal Data, 2013).

Related articles

• Twitter Going IPO So What Does this Mean for Businesses?
• How you 'like' me now? Thumbs up on Facebook is free speech, court says
• Facebook Ad Changes: This Week in Social Media