Social News: Facebook Inc (FB)’s Mission, LinkedIn Corp (LNKD)’s Popularity & Yelp Inc (YELP)

Editor’s Note: Related tickers: Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD), Yelp Inc (NYSE:YELP), Nokia Corporation (ADR) (NYSE:NOK), Groupon Inc (NASDAQ:GRPN)

Facebook’s Zuckerberg announces Internet access project (BizJournals)
Facebook Inc (NASDAQ:FB) Chief Executive Officer Mark Zuckerberg said his company is teaming with six other technology firms to bring Internet access to some 5 billion people who still do not have it. The group, called internet.org, includes founding members Facebook, Ericsson, MediaTek, Nokia Corporation (ADR) (NYSE:NOK), Opera, Qualcomm and Samsung. The companies will develop joint projects and push industry and governments globally to make Internet access available.

Facebook Inc (NASDAQ:FB)

Discover how to use LinkedIn to land a job (IllinoisState)
From Facebook Inc (NASDAQ:FB) to Twitter, from YouTube to Pinterest, social media is the leading way to get connected today. As LinkedIn Corp (NYSE:LNKD) continues to increase in popularity as social media’s tool for professional networking, the Career Center is educating Illinois State students on how to make the most of the online tool by hosting the “Are You LinkedIn?” workshop in 110 Student Services Building from 12–1 p.m. September 20, from 12:30–1:30 p.m. October 17, and from 4–5 p.m. November 6. Students will learn how LinkedIn can help them land a job and how to manage a LinkedIn account as a professional.

Groupon Fires Rep Over Threats of Yelp Bullying (DailyDealMedia)
A Groupon Inc (NASDAQ:GRPN) rep has been axed for publicly taking aim at a Bay Area restaurant with a proposed flood of Yelp Inc (NYSE:YELP) pans. …In the email, the now-ex Groupon rep took aim at the restauranteur with the following words: “Hi Trip! I sincerely appreciate you hanging up on me. As a resident of San Francisco for over 25 years, I have a huge network of friends (ages 25-40) that all are extremely active on Yelp as well as other social media. I will gladly let them know how you treated me as well as my feelings about the people who run Sauce.”

Why Facebook Inc (NASDAQ:FB) Stock is lately Doing Well (BasicsMedia)
Facebook Inc (NASDAQ:FB) has never responded to the market like it should have done in the past since its IPO exercise. Investors had grown jittery about the prospects of this company which were expected to be much better than what has been reported ever since. Lately, there have been a few improvements which have helped to create a better image about the entire financial health and performance of a company of FB’s stature. It has been reported that the company is on its way towards leaving a positive and permanent mark in the stock market.

LinkedIn Corp opens its door to students (ET)
LinkedIn Corp (NYSE:LNKD) said it will open its social networking site to those above 13 years of age in a moved aimed at attracting a younger membership base. The company, which makes much of its money by selling access to its members’ resumes to corporate recruiters, said the changes will come into effect on September 12. LinkedIn also introduced a new feature called University Pages enabling schools, students, and alumni to connect on the website.

Zuckerberg’s Facebook page hacked (CNBC)

Facebook Makes Us Sadder And Less Satisfied, Study Finds (WWNO)
Facebook’s mission “to make the world more open and connected” is a familiar refrain among company leaders. But the latest research shows connecting 1.1 billion users around the world may come at a psychological cost. A new University of Michigan study on college-aged adults finds that the more they used Facebook, the worse they felt. The study, published in the journal PLOS One, found Facebook use led to declines in moment-to-moment happiness and overall life satisfaction.

LinkedIn Corp. Receives Sell Rating from TheStreet (LNKD) (WatchListNews)
TheStreet reissued their sell rating on shares of LinkedIn Corp (NYSE:LNKD) in a research report sent to investors on Friday morning, Analyst Ratings.Net reports. “LinkedIn (LNKD) has been reiterated by TheStreet Ratings as a sell with a ratings score of D+. Among the areas we feel are negative, one of the most important has been premium valuation based on our review of its current price compared to such things as earnings and book value.,” the firm’s analyst wrote.

Yelp issues consumer alert for businesses paying for reviews (10News)
Review website Yelp Inc (NYSE:YELP) is warning people about businesses it says tries to pay people for five-star reviews. Elijah Rasmussen checked out a crepe place on the popular online review site after getting burned not using it. “There have been a couple places I wish I would have looked up before going,” said Rasmussen. Another San Diego diner, Banu Pawleke, told Team 10 she uses Yelp Inc (NYSE:YELP) every day “to check out the pictures and the food.”