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In the news

  1. 1. Social Digest: Week of August 22Facebook Kills Off “Places” Steve Jobs Resigns as CEO Facebook’s 1 Trillion 1,000,000,000,000 One year after the launch of Places, Steve Jobs, co-founder and two- Facebook has reached oneFacebook has decided to kill off the time CEO of Apple, resigned on trillion page views, the first“check-in” feature and focus on a Wednesday. The resignation online service to ever reach thatnew location-based product to be comes after a lengthy medical mark. The second closest,named “Nearby.” While check-ins leave of absence that ultimately YouTube, is far behind with 100will remain a part of the product, led the innovator to the decision billion page views.they will not be emphasized; rather that he would not be able to meetpeople will focus more on what they his duties and expectations as Facebook has 870 millionare doing at each locution with Apple’s CEO. Tim Cook, unique visitors and reaches 46.9thoughts, photos, etc. There has formerly the COO of the percent of all internet users.been no remarks on how this company, will take Jobs’ place aschange will affect Facebook Deals. the head of the company. Reference: http://techcrunch.com/2011/08/23/facebook- Reference: http://mashable.com/2011/08/24/ Reference:http://www.zdnet.com/blog/facebook/location-tagging// breaking-steve-jobs-resigns-from-apple/ facebook-is-first-with-1-trillion-page-views-according- to-google/3009

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