Facebook Expands Gaming Platform To Cover Most Of US
July 02, 2021

Facebook is fully launching its cloud-based gaming platform to make it available to most Americans, after testing the service out starting last October. The company is building up its “free-to-play mobile catalogue of games in a measured way and deepening the games people can enjoy...

Antitrust Ruling On Facebook’s Kustomer Buy Expected By August
June 29, 2021

Facebook‘s fate in terms of its acquisition of U.S. customer service startup Kustomer will be decided by antitrust officials soon, U.S. News reports. The deal was intended to help scale up the social media company’s WhatsApp, which saw a new spate of usage in the...

Facebook Hits $1 Trillion Market Cap
June 28, 2021

Facebook has closed above $1 trillion in the market for the first time ever, CNBC reported. That makes the social media giant the fifth company after Apple, Microsoft, Amazon and Google parent Alphabet to reach that milestone, according to CNBC. Facebook’s revenue almost entirely comes...

Facebook Rolls Out Live Audio Rooms, Its Competitor To Clubhouse
June 21, 2021

Facebook today launched Live Audio Rooms, the social media giant’s competitor to audio-based Clubhouse. Facebook said, in a press release, that public figures and select Facebook Groups in the U.S. can start to use the feature on iOS, Apple’s operating system, while select podcasts will...

Facebook Tests In-Headset VR Ads For Oculus
June 16, 2021

Facebook is furthering its project for virtual reality (VR) with a “small test” of in-headset ads, according to a company blog post. This follows its Oculus announcement of ad tests, which were intended to show developers how they could use the VR applications, the post...

Facebook Adds QR Codes, Payments Link To Messenger
June 10, 2021

Facebook announced a host of new chat and messenger features Thursday (June 10). And while we have nothing against Olivia Rodrigo or the Fast and Furious movies — both of which you can now choose as themes for your chat messages — one new feature...

Facebook To Simplify Instagram Shop Setup, Test Affiliate Tool
June 08, 2021

Facebook CEO Mark Zuckerberg said Tuesday (June 8) that the social media giant would be implementing new ways for content creators to make digital Instagram shops, Bloomberg reported. Speaking during an event for social media influencers, Zuckerberg said Facebook plans to let creators add shops...

Facebook Won’t Introduce Revenue Share Until 2023
June 07, 2021

Facebook CEO Mark Zuckerberg has rolled out new ways for creators to monetize their work, per a Facebook post and press release emailed to PYMNTS. Zuckerberg announced in a post on Monday (June 7) that paid online events, fan subscriptions, badges and a forthcoming news...

Facebook’s F8 For Developers Focuses On eCommerce, Business Tools
June 03, 2021

Business messaging tools, eCommerce, and virtual reality were on the agenda at Facebook’s annual F8 Refresh conference for developers, this year held virtually on Wednesday (June 2). The world’s largest social network said this year’s F8 conference focused on technologies that enable developers and businesses...