Facebook Inc. (NASDAQ:FB) is serious about its plans to expand the Internet to the farthest reaches of the earth. Why shouldn't it be? Although, the company claims the venture is purely altruistic, it is quite obvious that Facebook stands to gain a lot from acquiring millions of new … [Read more...]
Facebook creates new open source programming language called “Hack”
Facebook Inc. (NASDAQ:FB) engineers Bryan O’Sullivan, Alok Menghrajani and Julien Verlaguet built a programming language that drives almost all of Facebook, and they have named it Hack. The language lets developers build complex websites quickly while organizing the code and keeping … [Read more...]
Facebook is modifying their news feed algorithm again
Facebook Inc. (NASDAQ:FB) is modifying the organic results of its News Feed feature. According to Facebook, "The goal of News Feed is to show people the right content at the right time. To make this happen, we look at who and what people are connected to and how they interact with … [Read more...]
Facebook wants to expand their operations to Israel
On Monday, Facebook Inc. (NASDAQ:FB) confirmed the appointment of Adi Soffer Teeni as the GM and director of the company’s operations there. Soffer Teeni will assist clients with marketing in Israel in addition to leading Facebook's commercial operations. Soffer Teeni is also … [Read more...]
Facebook moving forward with facial recognition technology
20 or more years ago, many Sci-Fi movies and television shows featured some version of facial recognition. For instance, you might see a spaceship captain or CEO verify their identities through a facial scanning device. All of that seemed glorious and exciting, making viewers wonder … [Read more...]
Facebook may lose COO Sheryl Sandberg to Disney in 2016
Facebook Inc. (NASDAQ:FB) may soon be scrambling to replace one of its most formidable executives, COO Sheryl Sandberg. Rumors have been flying that Sandberg is one of the contenders to take over Disney CEO Bob Iger's position, if he retires in 2016. Sandberg helped turn Facebook … [Read more...]
FTC privacy complaint may nix $19 billion Facebook, WhatsApp deal
Last month, Facebook (NASDAQ:FB) generated headlines after it purchased WhatsApp, a mobile-messaging startup firm, for $19 billion in cash and stocks. The deal made WhatsApp co-founder Jan Koum a billionaire overnight. However, that arrangement may come to an end after a complaint was … [Read more...]
At $72 per share Facebook (FB) sets new all time high
This morning, Facebook Inc. (NASDAQ:FB) broke another record; its stock passed the $72 mark. That is a 0.6% move upward before comfortably settling in at the $72 level. That is a far cry from its $18 per share debut, when it filed its IPO back in 2012. So, what is the root of the … [Read more...]
2 million Facebook accounts infected with malware
It looks like Facebook Inc. (NASDAQ:FB) is being hit once more with malware. Computer viruses have caused trillions of dollars in losses and continues to gain ground despite efforts to fight it from governments and the world's best tech companies. The recent malware attack has … [Read more...]
Facebook Messenger: Now available on windows phones
Finally, Facebook Inc. (NASDAQ:FB) has released Facebook Messenger for Windows phone users, which can be downloaded through the Windows Phone store. The app has already been available on iOS and Android mobile devices. The release was previously announced at last weeks' Mobile … [Read more...]
Facebook will pay $200,000 annually to ensure Menlo Park community is safe
For the next three years, Facebook Inc. (NASDAQ:FB) has offered to pay the city of Menlo Park, $200,000 annually for a community safety police officer. They will also pay for a new substation located near Facebook's headquarters. Despite the fact that California has the highest tax … [Read more...]
Report: Facebook is bad for your health physically and financially
A new study released by the University of Pittsburgh and Columbia Business School shows that Facebook Inc. (NASDAQ:FB) users can get a boost in self-esteem when focused on feedback from close friends and family. On the other hand, Facebook may also decrease your ability for … [Read more...]
Facebook and Twitter fight to cash in on TV advertising
As it stands, Facebook Inc., (NASDAQ:FB) is not satisfied with taking over the mobile and wireless world, it seems they want to be at the forefront of all media, and that includes earning a piece of TV advertising spend. David Lawenda, Facebook's head of U.S. advertising sales shared, … [Read more...]
Facebook ends support for Windows Messenger just after announcing the end of email service
Despite 5-star reviews and a million users, Facebook Inc., (NASDAQ:FB) has decided to end support of Facebook Messenger for Windows. In a message sent to users, Facebook asserted, "We’re sorry, but we can no longer support Facebook Messenger for Windows, and it will stop working on … [Read more...]
Facebook: Dominating presence in the mobile world
Only two short years ago, Facebook Inc. (NASDAQ:FB) was having a difficult time convincing people to invest in its stock after its IPO. Investors saw what happened to Zynga, once an Internet darling, having been ransacked by mobile gaming. However, Mark Zuckerberg was not going to … [Read more...]
Facebook email – not to be confused with chat, messages or messenger will be discontined
Recently, Facebook Inc. (NASDAQ:FB) announced that it is putting an end to its @facebook.com email service. The question is, did you even realize Facebook had an email service? Unless you are an avid Facebook user, you probably did not. The email service was offered to users upon sign … [Read more...]
Can Facebook learn from Priceline’s growth strategies
During a time when Facebook Inc. (NASDAQ:FB) wants to prove it is still a growth company, it stuns Wall Street with the $19 billion acquisition of instant-messaging application WhatsApp. While the purchase brought along 450 million users, the main reason for the buy is for an … [Read more...]
Why Facebook is modifying its 401k plans
If you thought saving for retirement was difficult, it got even more strenuous at Facebook Inc. (NASDAQ:FB). However, Facebook isn't the only company engaging in such practices. Other companies have decided to alter their 401(k) plans, as well. Some of the strategies include … [Read more...]
Facebook forming business council
To say that Facebook (FB) is diversifying would be an understatement. In 2013, Facebook brought in revenues of $7.9 billion, which was a 55% increase over 2012. Not to mention the fact that the company has instrumented a complete turnaround from its IPO days. Now, Facebook (FB) wants … [Read more...]
Facebook shares given a “Hold” recommendation and “C” rating: How long will it last?
On February 07, 2014, The Street Ratings team issued a "Hold" recommendation for Facebook (FB) while giving it a "C" rating. As of 2:38 p.m on Friday, the stock rose 2.94%, reaching a share price of $63.99. The Street Ratings team defended their position by stating, "The company's … [Read more...]
