Post Tagged with: "Facebook"

Facebook Closes WhatsApp Acquisition

Facebook confirmed the closing of its purchase of messaging app WhatsApp on Monday. A document filed with the U.S. Securities and Exchange Commission confirms earlier reports that WhatsApp will remain a separate entity from Facebook. WhatsApp co-founder and CEO Jan Koum will join Facebook’s board of directors as part of the deal. The acquisition was [...]

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Facebook Manipulated User Emotions in Experiment

Facebook caused some controversy over the weekend as reports emerged on an experiment conducted by the social network on its users. In 2012, Facebook manipulated the news feeds of almost 700,000 users for a week to show either primarily positive or negative posts. The goal was to see whether a user’s mood was affected by [...]

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Mobile App Usage at All-Time High

The latest mobile app report from comScore confirms what many people probably already know: mobile usage is at an all-time high and continues to grow. Mobile platforms, such as smartphones and tablets, accounted for 60% of users’ total digital media time in May, up from 50% a year ago. More notably, mobile apps continue to [...]

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Facebook Workforce Mostly White and Male

Facebook has released diversity figures on its workforce for the first time and, surprising nobody, the social network is run mostly by white men. The company reported that its staff is 69% male and 57% white. Asian employees make up 34% of the workforce, while Hispanic employees account for 4% and black employees just 2%. [...]

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Facebook Changes Default Privacy Setting for Updates

Facebook is changing up its privacy settings to limit unintentional sharing of status updates. The default setting for new users will be for status updates to be shared with friends only rather than the more general public option. While the setting is only the default for new members, existing users can change their settings at [...]

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Internet Companies Criticize FCC Net Neutrality Proposal

A large number of Internet companies have come together to ask the Federal Communications Commission to change its recently proposed new rules for net neutrality. Amazon, Facebook, Google, Microsoft, Twitter, Yahoo, and over a hundred other companies signed a letter to the FCC expressing concern with the agency’s proposal. The version of net neutrality put [...]

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Facebook Gets Government Approval for Oculus Purchase

Facebook has received approval from U.S. antitrust officials for its purchase of Oculus VR, which makes the Oculus Rift virtual reality headset. The deal appeared on a list of approved transactions released by the Department of Justice and the Federal Trade Commission. It has been about a month since the $2 billion deal was announced, [...]

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Facebook Reportedly Preparing E-Money Service

It’s no secret that Facebook wants to expand into new areas and the latest report suggests offering financial services is on the agenda. An article in the Financial Times states that Facebook could receive regulatory approval in Ireland within a matter of weeks, which would apparently allow it to operate as an e-money institution throughout [...]

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Facebook and WhatsApp Warned by FTC to Keep User Privacy Promises

Facebook doesn’t have the best record on respecting its users’ privacy, so it’s understandable that some people were worried when it was announced that the social network was acquiring WhatsApp in a deal worth $19 billion. The Federal Trade Commission apparently shares those concerns, as a letter from Jessica Rich, the director of the FTC [...]

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Facebook Purchases Virtual Reality Firm Oculus for $2 Billion

Facebook surprised everyone, and not necessarily in a good way, with an announcement late on Tuesday that it will acquire virtual reality technology company Oculus VR for about $2 billion in cash and stock. Oculus has gained a lot of attention due to its Oculus Rift virtual reality headset, which provides an immersive video-game experience. [...]

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