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Social Headlines: Facebook Inc (FB) & TimeRabbit, LinkedIn Corp (LNKD)’s Minimum Age Limit, Yelp Inc (YELP) New San Francisco HQ

Editor’s Note: Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD), Yelp Inc (NYSE:YELP)

Review: TimeRabbit tracks hours lost down the Facebook rabbit-hole (PCWorld)
It’s sobering just how much time you can waste, um, I mean, spend on Facebook. TimeRabbit tells you just how bad it is. Install this free utility, and it will track every second (and minute, and hour) you spend on the world’s most popular social network. TimeRabbit requires little interaction on your part: It really is set-it-and-forget-it software. Once you install it, TimeRabbit automatically tracks how much time you spend using Facebook Inc (NASDAQ:FB). And “using” is the key word here: TimeRabbit figures out when you’re active on Facebook, as opposed to when you have it open in a browser tab that you’re not actually looking at. That’s thanks to its code, which monitors your browser’s activity to see whether the current URL address includes “facebook.com”.

Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD)

LinkedIn Criticised for Lowering Minimum Age to 13 (IBTimes.co.uk)
The new age restriction will come into force in the UK and US (where the minimum age will be 14) from 12 September, and is aimed to help children research their university choices and help work out a career path by reading the profiles of successful users. LinkedIn Corp (NYSE:LNKD) joins Facebook Inc (NASDAQ:FB) and Twitter in allowing users as young as 13 to sign up, but where these networks are aimed at all ages, some LinkedIn users are uncomfortable with the thought of 13-year-olds joining the site. One user told IBTimes UK the move will take away one of the differentiating factors of LinkedIn Corp (NYSE:LNKD), and the main reason why it could sell itself as a professional rather than social network.

Sneak peek: Yelp’s new San Francisco HQ set to open (San Francisco Business Times)
You can say this about the historic Pacific Telephone tower at 140 New Montgomery: they are going to love it on Yelp Inc (NYSE:YELP). With Novo Construction workers scrambling to prepare for the first of 700 Yelp workers set to move into the building over Labor Day weekend, Yelp CEO Jeremy Stoppelman Monday gave Mayor Ed Lee and his media entourage a hard hat tour of the new offices. The Yelp move-in will mark a milestone not only for the San Francisco-born internet company, but also for one of the city’s most beloved buildings. Designed by Timothy Pfleuger of Miller and Pfleuger, the F-shaped art deco tower has six acres of terra cotta ornamentation with eight eagles perched at the top.

‘The Worst Thing About Working At Facebook’ (Business Insider)
Facebook Inc (NASDAQ:FB) is consistently regarded as one of the best places to work in the tech industry. Even Facebook’s interns get paid well more than the average US worker. But there is one really tough part of the job, even for star engineers. Two or three times a year, Facebook engineers have to completely re-arrange their lives for two weeks while they serve something called “oncall duty.” Basically, during that time, they are responsible for keeping the service up-and-running. Oncall duty lasts for two weeks and it rotates between Facebook’s engineering teams. Over on Quora, a Facebook Inc (NASDAQ:FB) engineer named Keith Adams says it is “the worst thing about working at Facebook.”

LinkedIn can now help you find your perfect university match (Memeburn)
LinkedIn Corp (NYSE:LNKD) is a lot of things to a lot of people. For some, it’s a valuable business tool. For others it’s a batch of annoying emails in their inbox. And now, it’s also a match-making service for universities and prospective students. The professional social network today launched pages for universities, which will be similar to its current offering for companies. They will however be slightly tweaked in order to allow universities to target prospective and current students, as well as keep teachers, alumni and parents up to date with what’s going on in the community. Around 200 universities have already adopted their pages to the new format, including INSEAD, New York University, University of California San Diego, Fundação Getúlio Vargas, University of Michigan, Villanova, Rochester Institute of Technology, and University of Illinois.

Yelp Director Fred Anderson Sells 132,777 Shares (YELP) (Watch List News)
Yelp Inc (NYSE:YELP) Director Fred Anderson sold 132,777 shares of Yelp stock on the open market in a transaction that occured on Friday, August 16th. The stock was sold at an average price of $49.23, for a total transaction of $6,536,611.71. The sale was disclosed in a document filed with the Securities & Exchange Commission. A number of analysts have recently weighed in on YELP shares. Analysts at MKM Partners raised their price target on shares of Yelp Inc (NYSE:YELP) from $55.00 to $71.00 in a research note to investors on Monday, August 5th. They now have a “buy” rating on the stock.

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