Brands are constantly told by marketers that Facebook is a ‘must have’ and that they should focus on increasing their fan base (aka getting users to click on the ‘Like’ button for their brand). The go-to tactic for increasing ‘Like’ activity is to introduce promotions — typically a discount offer. These promotions are typically served through the Facebook Tab and are powered by custom applications that developers build. Since brands are eager to create these apps, Facebook has posted a set of policies on acceptable application behaviors.
Below are the 6 policies most commonly violated that will result in your app getting banned:
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On Wednesday, August 18, 2010, Facebook launched Places, a location based service that enhances current sharing capabilities (like wall comments, videos, notes, etc.) by allowing user to broadcast their whereabouts to their Facebook friends. The idea behind Places is that Places will simplify and encourage spontaneous interactions with other friends.
Over the past few days, I’ve had a chance to get “under the hood” and check out Facebook Places. Below are the essential things that Facebook marketers and developers need to know about this new service.
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UPDATE: I recently spoke with Joel @Rapleaf and he clarified that the data that Rapleaf collects is not used to deny individuals credit. Instead the information is only used by the marketing departments to target potential customers (source).
While Twitter is free social media tool, there’s a price that one pays for tweeting. For example, there are plenty of good incidents caused by an embarrassing celebrity tweet (source). Aside from Hollywood celebrities, we’ve also had a local incident where a VP at the Atlanta PR firm Ketchum mistakenly used 
Twitter to exclaim that he “would die” if he had to live in Memphis while visiting his client, FedEx (source). This was a problem since Memphis is where FedEx is headquartered. Talk about a real Homer Simpson “Doh!” moment.
Until now, the price of tweeting was simply facing temporary ridicule and a small boo-boo to your online reputation. But that’s all changed now that data-mining firm Rapleaf announced that they collect data from Twitter to determine if you’re credit worthy demographics data in the public domain that’s exposed through social networking sites. According to an article in Fortune Magazine (source), the people that you “hang out” with can be used to determine if you’ll pay your bill on time. Yikes!
As a regular user of Twitter and Facebook, I’m less worried about what I say because I’m well aware that my statements are in the public domain. But, I’m reconsidering who I’m planning to follow or be-friend online. 
As a social networking contributor, you should consider whether you’re willing to allow a social networking site to expose that information to a search engine, like Google.
I guess that the quip “Be slow in choosing your friends” rings true.
