Facebook adds 33 stories of San Francisco office space and a 4,000-mile trans-Atlantic cable to its assets. Plus, the social media giant gets smarter about ads and M, the Messenger bot, driving its monetization strategy forward. Finally, see which class action lawsuit CEO Mark Zuckerberg...
And just like that, there will be no new ownership structure for Facebook. Several financial news outlets, including CNBC, released news that a new class of stock will not be issued that would have let CEO Mark Zuckerberg maintain voting control of the company. That...
In this week’s Facebook tracker, the social media giant amps up community vibes with its new standalone group video chat Bonfire app, while also cracking down on ads that target haters or run beside objectionable content. Facebook Messenger growth remains strong but is slowing, and...
Facebook has announced that its Messenger app now has 1.3 billion monthly users, making it the top cross-OS messaging app in the West. According to a Tech Crunch news report, the new numbers are an increase from 1.2 billion monthly Messenger users in April and...
Michael Sayman, one of Facebook’s youngest employees, is leaving his position at the company for Alphabet Inc.’s Google. According to news from Bloomberg Technology, Facebook discovered Michael Sayman at 17 when he was using the company’s developer tools for an iPhone application he created. They hired him for...
A new report shows that Snapchat is the third-most popular app among 18- to 24-year-olds in the U.S., two spots ahead of Instagram. YouTube and Facebook were ranked first and second, respectively. According to Recode, a new comScore report revealed that while Snapchat’s stock is struggling...
Facebook was behind the Chinese photo-sharing app Colorful Balloons, which was launched anonymously earlier this year, the company confirmed last week. Facebook, Twitter and YouTube, along with many news and business services, have long been blocked by the “Great Firewall” of China, but that hasn’t...
People talk a lot about the tech giants that got their start in garages. Larry Page and Sergey Brin started the GOOG in friend Susan Wojcicki’s garage in 1998. Jeff Bezos started Amazon in his Bellevue garage in 1994. And perhaps the most famous garage...
Facebook has launched a new feature within the Marketplace section on its mobile app, and a selection of eBay’s Daily Deals are now available to select users through the Facebook Marketplace platform. According to Tech Crunch, eBay Daily Deals can be shopped directly in Facebook’s...
