After announcing promising quarterly results, Facebook Inc (NASDAQ:FB) is all set to focus on its aggressively growing business unit, mobile advertising, with more mobile user targeted features. The social networking company launched its latest feature “Place Tips” for mobile users that offers more information about the places users are visiting. While talking about the new…
Facebook Inc (FB) Will Raise Spending Up Even As Sales Growth Slows
Facebook Inc (NASDAQ:FB) will see its expenses rise sharply as the social networking giant is turning its efforts towards other investments projected to offset slowing sales growth on its main networking site. As early as three months ago, CEO Mark Zuckerberg told investors that Facebook will allocate more spending in areas such as mobile advertising…
Facebook Inc (FB) Overrun Market Expectations Again With Splendid Fourth Quarter 2014 Financial Results, Heightened Expenses Drag Share Prices
The world’s biggest social networking company, Facebook Inc (NASDAQ:FB), once again exceeded the market expectations with its fourth quarter 2014 and fiscal 2014 financial results. The tech company reported 58 percent growth in its annual revenue in 2014 but heightened expenses kept share prices doodling after the announcement. Facebook reported 1.39 billion monthly active users…
Facebook Inc (FB) Denied External Attack For Service Outage of Social Network And Instagram
The social media network, Facebook Inc (NASDAQ:FB), with over 1.35 billion web monthly active users and nearly 1.12 billion mobile phone users suffered a temporary service outage on Tuesday. However, the company took responsibility for the outage stating that a technical glitch led to the shutdown of its services along with photo-sharing app, Instagram, which…
Facebook Inc (FB)’s Chief Operating Officer Ready to Put In Efforts For Promoting Women Online
The world’s biggest search engine company, Facebook Inc (NASDAQ:FB), is all set to promote online connectivity of women. After launching free internet connectivity app in Columbia last week, the chief operating officer of the company is putting more emphasis towards connecting female users online. Internet.org is an initiative from Facebook and other tech giant companies…
Google Inc (GOOGL)’s Answer to Facebook Inc (FB)’s Oculus Virtual Reality: Cardboard
Google Inc (NASDAQ:GOOGL) will not let itself be left out in the field of virtual reality, as the search giant has shown that there is a readily available answer to Facebook Inc (NASDAQ:FB)’s $2 billion dollar bet in Oculus VR platform. While Facebook’s Oculus has yet to officially release any gaming device, which is expected…
Facebook Inc (FB) Gears Up to Cut Down News Feed Hoaxes, Social Network Goes on Hiring Spree
After considering the potential of quick distribution of hoaxes on its social network, Facebook Inc (NASDAQ:FB) is all set to tighten up its grip over false news stories. The tech company has introduced an option to mark any particular post as false news and depending upon the maximum user feedback, such posts will get limited…
Facebook Inc (FB) Stimulates World Economy to the Tune of $227 Billion and 4.5 Million Jobs
Facebook Inc (NASDAQ:FB) is not only the world’s giant social networking site, it is also responsible for an impact in the global economy to the tune of $227 billion, in the process creating roughly 4.5 million jobs for the year 2014. This is according to the results of a study conducted by Deloitte & Touche,…
Facebook Inc (FB) Invests in Voice-to-Text Transcription Technology for Messenger
Facebook Inc (NASDAQ:FB) is now in the process of testing voice-to-text transcription for its Messenger app, according to Facebook vice president of messaging products David Marcus, in a statement made at the Digital Life Design Conference in Munich. According to Marcus, the machine-learning based technology could be popular in Asia, where some languages particularly presents…
Facebook Inc (FB) Scouting Techies for New Markets in Virtual Reality, Satellites
Facebook Inc (NASDAQ:FB) seem to be branching out from its social networking niche into other areas, at least gradually. Taking a look at the company’s career listings will reveal that the social networking giant is gearing its hiring towards developing strength in diverse areas such as data centers, drones and satellites, and virtual reality goggles.…