Items tagged with (NASDAQ:FB)

It seemed like a crazy when a little over years ago Facebook announced it was purchasing WhatsApp for $19 billion. But the reason Facebook was wiling to pony up such an obscene sum is partly because of how wildly popular WhatsApp was at the time. It's only grown since then, and according to its developers WhatsApp users make over 100 million calls per day. "Today, more than 100 million voice calls are made every day on WhatsApp - that's over 1,100 calls a second! We're humbled that so many people have found this feature useful, and we're committed to making it even better in the months to come,"... Read more...
Facebook definitely recognized the growth opportunities in Instagram when it bought the company for $1 billion in stock and cash back in 2012. First launched as an iPhone app in 2010, the service had 50 million monthly active users by September 2011. By December 2014, that number had ballooned to 300 million. And today, Instagram has announced that it has over 500 million users worldwide. Of those 500 million monthly active users, over 300 million are active on a daily basis and 80 percent of its user base comes from outside the United States (this metric stood at 75 percent in September). Instagram... Read more...
It used to be that we could get along with a single Facebook app that not only handled our social networking needs, but also private messaging between friends. Over the years, Facebook has split the apps, forcing users to install both Facebook and Messenger. While users balked at the split, Facebook contended that it would allow it to create better experience for both platforms. Playing on that reasoning, Facebook has released a pretty big overhaul for Messenger that introduces a new Home screen, which in effect serves as an inbox for your new messages and recent conversations. “Up until now, most... Read more...
Some amount of justice has been doled out to Sanford Wallace, better known as the "Spam King," who will serve 30 months behind bars for sending millions of spam messages to Facebook users and essentially thumbing his nose at a court order to stay away from the social networking site. He was also assessed a fine of $310,628.55, the U.S. Attorney's Office for the Northern District of California announced. As part of the plea agreement, Wallace fessed up to sending more than 27 million spam messages to legitimate Facebook accounts from November 2008 through March 2009. In the process, he admitted... Read more...
When you're the largest social networking site on the planet, you get to call the shots, good or bad. To that end, Facebook is wielding its power to strong-arm users into installing its standalone photo sharing app called Moments -- a free download available on Google Play and iTunes -- or you can kiss your previously synced photos goodbye. That's one way to propel your app to the top spot in the App Store, as Moments currently sits. And it will probably stay there at least for a couple of weeks. Facebook is warning users that they have until July 7, 2016, to either move their synced photos... Read more...
Facebook is making it even easier for users to upload 360-degree videos and share them with friends via the News Feed. Taking advantage of the feature is as simple as capturing a panoramic or 360-degree photo with your smartphone (or a 360-degree camera) and directly posting it using the Facebook app as you would any other photo. Facebook will then automatically convert it for you. You’ll be able to identify 360-degree photos in your News Feed by a compass icon that is overlaid on the right side of the image. When viewed on a desktop, the 360-degree photos can be manipulated by clicking and holding... Read more...
You wouldn't know it by the way people with smartphones tend to ignore their physical surroundings in favor of whatever is on their digital screens, but use of social media apps is down. That's according to market research firm SimilarWeb, which compared data on Android apps over a yearlong period. What the study found was that in almost all countries, Android users are spending less time on all four major social media apps, including Facebook, Twitter, Snapchat, and Instagram. In some territories, the drop was significant. That was the case for Twitter usage in France, which dropped from an average... Read more...
It seems as though nearly every corner of the web offers a login option through your Facebook account. The world's largest social playground has its hooks deep in the Internet, and now it's added Blizzard to its conquests. Starting soon, you'll be able to log into games such as Overwatch, World of Warcraft, Heroes of the Storm, Hearthstone, Diablo III, and StarCraft II using your Facebook credentials. "Blizzard games are best when played with friends, so it’s important to us to provide our players with features and services that make it easy and fun to share their experiences with each other,"... Read more...
It doesn't matter who you are or how much money you make, if you don't practice good security habits on the web you're likely to get hacked. Case in point, Mark Zuckerberg, the billionaire whiz kid and co-founder of Facebook, the most popular social media site on the planet, had his Twitter and Pinterest accounts hacked into over the weekend. To be fair, Zuckerberg is a bigger target than most people, but that wasn't the real reason his social media accounts outside of Facebook were compromised. It's because he was lazy with security, both with the password he chose and in reusing the same one... Read more...
It's been said time and again that if you're not paying for something, then you're the product. That's an oversimplification of how things work, but there's also some truth to the statement, especially in the social media world where services like Twitter and Facebook are free to use. Be that as it may, Facebook insists that it hasn't crossed the line by tapping into people's microphones to deliver targeted ads. "Facebook does not use your phone’s microphone to inform ads or to change what you see in News Feed. Some recent articles have suggested that we must be listening to people’s conversations... Read more...
Facebook just unveiled DeepText, a deep learning-based engine that can understand with near-human accuracy the textual content of several thousands posts per second, spanning more than 20 languages. The idea is that understanding the various ways text is used on Facebook can help the company improve people's experiences with its products. One of the goals of DeepText is to understand more languages more quickly. Facebook thinks that AI systems such as Parsey McParsface are simply far too time-consuming and do not properly understand or translate slang. DeepText reduced the reliance on language-dependent... Read more...
Two years ago Mark Zuckerberg and the gang introduced an advertising platform called Facebook Audience Network. It was designed to help publishers and developers support their services through targeted ads, which are ads that are determined to be relevant and of interest to the person viewing them. Up until now the Facebook Audience Network was used only to show ads to people with Facebook accounts who visit specific websites and apps, but now they'll follow you across the web. The Facebook Audience Network is also expanding to include those who don't use or aren't connected to Facebook. Through... Read more...
Facebook recently acquired virtual reality (VR) company Two Big Ears in order to promote high-quality VR audio. Together they released Facebook 360: Spatial Workstation, a free software suite for designing spatial audio for 360 video and cinematic VR. Two Big Ears developers will keep working alongside Oculus employees, which is also owned by Facebook.Two Big Ears stated, “By joining with a company that shares our values and our vision, we will be able to scale our technology even quicker as we continue powering immersive audio experiences. Our mission is to make VR audio succeed across all... Read more...
Oculus suddenly finds itself embroiled in a game of cat and mouse as it attempts to keep titles exclusive to the Rift from running on competing VR headsets. Unfortunately for Oculus, its latest attempt at padlocking content with a DRM update backfired, and instead of stopping hacks like Revive from working, Oculus ultimately made it easier to pirate games. Let's back up a moment and see how we got to this point. At the end of last year, Oculus founder Palmer Luckey made what amounts to an open software statement by proclaiming, "If customers  buy a game from us, I don't care if they mod it... Read more...
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