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Optimizing Facebook Ads

When Facebook launched its API in 2007, allowing developers to build games and applications for the social medium, Kristaps Ronka and Hussein Fazal "just started building things for fun." For instance, they built a treasure hunter app and an app to share documents with friends. At the time, Fazal was a software developer for Bell Canada and Ronka was an intern. "We started talking about how to make money off the applications," says Fazal.

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iFive: Kodak’s $1B IP Row, Google Keeps DUI Apps, Google Music Streaming Due Soon, Color App’s Big Update, Oracle’s Big Profits

1. Kodak may (or may not) be a fading name associated with photography, but no matter how much its core business is slipping away, it's not dead yet--and if a dispute over patents with Apple and RIM concerning mobile digital photography is anything to go by, it'll be around for a while. That's because the royalties Kodak may be due could total over $1 billion

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