Facebook Inc (FB) Updates: Social Media’s Impact, Ford Motor Company (F)’s Announcement & More

Editor’s Note: Related tickers: Facebook Inc (NASDAQ:FB), Ford Motor Company (NYSE:F)

Mail.ru Group Sells Remaining Stake in Facebook (Ria)
Mail.Ru Group, one of Russia’s biggest Internet companies, has sold its remaining 0.52 percent stake in Facebook Inc (NASDAQ:FB), Digit.ru reported Thursday. The company said it had sold 14.2 million Facebook shares, worth more than 525 million rubles, in July and August. The buyer was not disclosed.

South Africa: Facebook Slanderers to Pay Damages (AllAfrica)
A woman and her husband have been ordered by the High Court in Pretoria to pay the husband’s ex-wife R40,000 after defaming her on Facebook Inc (NASDAQ:FB), The Star newspaper reported on Thursday. The ex-wife took the couple to court as she felt two postings especially on the wife’s Facebook wall were defamatory. One of the wife’s reported postings was: “To all moms and dads… what do you think of people who allow step-brothers to bath their little sisters each night, simply because it would make the mother’s life easier?”.

Facebook Inc (NASDAQ:FB) Once Again Accountable To Federal Trade Commission For Its Latest Privacy Issue For Ads (FiscalInsider)
Facebook Inc (NASDAQ:FB) is encounter another privacy issue, according to new issue, Privacy groups asked the Federal Trade Commission (FTC) to stop Facebook (FB) from latest policy revisions, because the firm has major concern over the handling of user’s data by social network operator for advertising, with users under the age of 18 is one of the main sources of dispute. According to a letter to the FTC dated yesterday, the proposed update of privacy policy of FB, that the search giant previously settlement with the FTC.

Ford EcoSport ‘Limited Edition’ launched in Europe via Facebook (OverDrive)
Ford Motor Company (NYSE:F) has a cash cow, and they call it the EcoSport. With social media’s impact spreading like wildfire, Ford has used this momentum to launch a limited edition of its compact crossover on their UK Facebook page. Ford Motor Company (NYSE:F) has also announced that only 500 ‘Limited Editions’ will be available across Europe. 120 of these are right-hand-drives and specifically reserved for the UK markets. One of the highlight features is the Ford SYNC AppLink system, which enables voice control of smartphone apps from the driver’s seat. Other features include the Titanium X Pack, rear parking sensors, Panther Black Metallic Paint and three free apps.

Facebook ad firestorm (CNBC)