Twitter liked the sound of $500 million but balked when Facebook said its stock was worth $8-9 billion. Twitter’s team knew that Facebook was letting employees sell stock on the secondary market at company $2-4 billion. “We said it’s not worth it,” the person says. “Don’t treat us like children.”

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Here’s my Facebook badge. Thought i would add it to my blog.

Facebook has collected all the information members have submitted about themselves online and is set to use it for advertisement. Facebook will send relevant ads directly to social groups or individuals that advertisers see fit. Some of its members are against this - How will Facebook commercialise itself without alienating its members?

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