GM caused quite a fuss this week when the automaker announced it would no longer be advertising on Facebook. This could be bad news for Facebook and Facebook users, since paid ads were the primary revenue source for the social media network. The GM kerfuffle caused consumer advocates to ask if Facebook would begin charging users if the ad model no longer was viable, but Ford alleviated some of those concerns when it said its rival simply isn’t using Facebook ads correctly.
Facebook’s IPO is this week, and the social network has been in the news quite a bit this week, with potential investors asking questions about how the GM announcement and the revelation that one of Facebook’s original developers had renounced his US citizenship would affect stock prices.
In other news:
Twitter bucks a trend and says it will honor users who would prefer that Twitter not track their online activities.
Verizon announced the end of its unlimited data plans in favor for shared family data plans, but current Verizon customers that are grandfathered into the unlimited plan can keep it… as long as they pay full price for their next phones.
Windows 8 offers a function many parents will enjoy, although kids’ might not be happy. The updated operating system allows parents to track their kids’ usage.
Pinterest received a nice chunk of change and will be expanding internationally, which is good news for those of us that are addicted to the site. Soon, we’ll be able to repin fantastic international cuisine, home decorating options and clothing styles.
And there’s your weekly round-up! Check back in next Friday to see what’s caught our eye.