Randi Zuckerberg Quits Facebook, Starts Her Own Social Network Company

Multi millionaire Mark Zuckerberg’s sister Randi Zuckerberg had been the marketing director for Facebook  leading the company’s Facebook Live programs among other social media initiatives for the past six months. But it has been confirmed that Randi resigned from her brother’s company to start her own social media empire by the name of RtoZMEdia, which would help other companies ‘become more social.’ MORE

O – The Oprah Magazine Faces Ads Drops Of About 13.4 Percent

With her show (Oprah Winfrey Show) wrapped up and her infantile OWN cable network experiencing some serious growth issues, seems like Oprah is losing her captive viewers. The magazine industry as a whole saw an ad sales drop by 7 percent for this upcoming August, but the Media Industry Newsletter, Hearst’s second-most-profitable title, O, the Oprah Magazine’s sales dropped to almost one-third. The cause behind this drop is partly because the women’s lifestyle category is particularly hard hit, with Martha Stewart Living‘s numbers down 14 percent and EveryDay with Rachael Ray down 25 percent. But while most publications regained their footing in September, O’s ad pages for that month were still 18 percent down from last year. These numbers may be staggering; fleeing advertisers may signal a more distressing exodus of readers. MORE

Mark Zuckerberg Says, ‘Facebook Will Launch Something Awesome Next Week’

It was only two days back that Google launched its Google+, it had everyone questioning if Google’s direct attack on Facebook would be fruitful! And just today Facebook has a response to it. Mark Zuckerberg, the creator of the biggest social networking website has announced the launch of ‘Something Awesome’ next week. This tinge of suspense has individuals and technology bloggers thinking radars on. It is not only adding to the hype around Facebook but is also making people speculate of the various possibilities. MORE