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Facebook: Sponsored Stories Make $1 Million a Day

Facebook logo thinkstockFacebook CEO Mark Zuckerberg, COO Sheryl Sandberg and CFO David Ebersman hosted their first earnings call early Thursday evening.

The three executives spoke primarily about the company's advertising products, which accounted for 86% of its revenue in the second quarter. Zuckerberg emphasized the need to make ads more social — most ads on Facebook right now are not. He noted that Sponsored Stories, Facebook's primary "social" ad product, is now generating $1 million in revenue per day, about half of which comes from mobile.

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Camp Google+: Summer Program for Teens Kicks Off in Cyber Space

Google  campMost of our memories of summer camp involve bug bites, bunk beds and a lack of technology. This summer, camp is taking a new form, on Google+.

Makers Camp on Google+, launched by Make magazine, is a summer program for teens offering daily building projects to "make" just about anything. The 30-day program kicked off July 16 and runs weekdays through August 24.

"We've created the online summer camp experience that we wanted to do physically, but that wasn't practical," Dale Dougherty, founder and publisher of Make magazine, told Mashable. "We want to encourage teens to use the summer to make things, so we're bringing in people who can demonstrate interesting projects."

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4 NYC Startups Reshaping Small Business

4 NYC startups small businessNew York has historically been known as the center for industries like finance, publishing, and fashion, and has always been a powerhouse of innovation when it comes to these sectors. However, in the last decade, NYC-based tech startups have ushered in a new wave of innovation.

There are many factors that led to this entrepreneurship renaissance. The economic downturn certainly served as a motivating factor, but strong support from the Bloomberg administration acted as the perfect enabler.

The best part? Several of the hottest startups in New York share some key traits. The most notable among them is that each has a distinct relationship with the small business sector. Below, are four companies that have not only flourished, but are also bolstering, even reshaping, small businesses everywhere.

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Twitter to Partner with NBC for Olympics Hub

Flaf gamesTwitter will act as a narrator of sorts for the Olympics with a hub dedicated to covering the event in partnership with NBC, according to a report.

Under the deal, which is expected to be announced Monday, Twitter will act as a curator for "millions of Twitter messages from Olympic athletes, their families, fans and NBC television personalities" which will be showcased on a single page on Twitter.com, according to The Wall Street Journal. NBC, which is airing the event, will direct viewers to the page "with on-air promotions and links to athlete interviews or video clips."

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Navigating Social Media Legal Risks: Keeping Your Marketing Legally Safe

124338488"Go tell that long tongue liar, go and tell that midnight rider, tell the rambler, the gambler, the back biter.  Tell 'em that God's gonna cut 'em down.  Tell 'em that God's gonna cut 'em down." ~ Johnny Cash in God's Gonna Cut You Down

This is one of my favorite Johnny Cash songs, one that speaks to a punishment coming no matter where the bad guys go.

Most social media users aren't bad guys, but disagreement on behavior and expectations can make the Internet feel like the wild wild west, with inadvertent "ramblers" who tweet the wrong tweet or "gamblers" who ignore the legal consequences of a promotion.

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