Facebook over the years has received no shortage of buyout offers, with Yahoo’s bid to purchase the social network for $1 billion back in 2006 perhaps being the most famous of all. While $1 billion seems like a steal today, remember that Facebook back in 2006 was only two years old and it was no surefire guarantee that it would go onto become the tech giant it is today. Remember, MySpace was still alive and kicking back in 2006 and Facebook at the time was still closed off to anyone without a .edu email address.
Over the weekend, it came to light that PayPal co-founder Peter Thiel recently donated $1.25 million to Donald Trump’s Presidential campaign. Thiel may not be a household name, but he became more widely known earlier this year when it was revealed that he was personally bankrolling Hulk Hogan’s aggressive lawsuit against Gawker.
Thiel also happens to be a board member at Facebook, and given his political leanings to the right, Facebook has recently been criticized harshly for allowing Thiel to maintain his seat on the board. Especially given the recent controversy surrounding diversity in Silicon Valley, many take the position that Thiel’s presence on Facebook’s board is unseemly, to say the least.
You know how Iron Man has a terrific assistant by its side in the movies? Well, Robert Downey Jr. is willing to give his voice to the real-life ‘Jarvis’ AI that Facebook’s Mark Zuckerberg is making. More →
Because it hasn’t taken over enough of our lives already, Facebook is encroaching even further with the release of a new app: Events from Facebook.
According to Facebook, this app will allow users to easily and quickly see any events happening in their area, whether those events are being hosted by Pages they like or whether their friends have expressed interest in attending.
Facebook promised it’ll offer Messenger users end-to-end encryption, and the company finally rolled out the feature to all its users. However, Messenger isn’t end-to-end encrypted by default, meaning you have to manually activate it for each conversation., which can be a hassle. More →
Facebook is uniquely positioned in that it already has a massive base of active users, so it doesn’t really have to worry about being first to market with a new product. Facebook Messenger is a perfect example. The mobile messenger craze has already been around for years, but Facebook swooped in and zoomed right past the competition because it was able to place its new app in front of hundreds of millions of Facebook users.
So what’s next for the social networking giant? Watch out, Craigslist and eBay, because Facebook just launched a new product called Facebook Marketplace that lets users buy and sell anything they want quickly and easily. More →
Facebook has done a depressingly good job of getting an entire generation addicted to its platform. But your typical human spends eight hours a day at work: eight hours when they’re not supposed to be updating statuses, posting memes or sending stickers. Just think of the lost engagement.
Some kind of “Facebook For Work” product has been rumored for years, but according to reports from The Information and TechCrunch, the Facebookpocalypse is nearly upon us.
Facebook apologized on Friday for what it described as a “miscalculation” in the way it reported how long, on average, videos on the site were viewed— an error that caused the metric to be exaggerated.
The error stemmed from how the company did the math on video viewing length, taking into account only people who watched a video for three seconds or more, the social media giant said. If the company had taken into account views that were less than three seconds, the average duration of video viewed would be shorter.
Social networks have been “inspired by” Snapchat more than once in the last few months, and it appears that Facebook has been struck by inspiration once again this week as it introduces Instant Video to Facebook Messenger. Although video chatting has been a part of the messaging service since last year, Instant Video gives users the ability to place a video call from a window within the message thread.
Facebook CEO Mark Zuckerberg gave Pope Francis a model drone during a meeting at the Vatican Monday.
Zuckerberg and his wife Priscilla Chan met Pope Francis in the Santa Marta residence, the guest house in Vatican City where the pope lives.
WhatsApp will start sharing data with its parent company Facebook shortly, in spite of the promises the company made when it was first acquired. Facebook will get access to your phone number and other data so that it can deliver better friend suggestions… and serve targeted ads. But you’ll be able to opt out and stop WhatsApp from sharing any of your info with Facebook. In this post, we’ll tell you exactly how to do it. More →
WhatsApp users were rattled more than two years ago when they heard Facebook was ready to pay $19 billion to buy the popular messaging app. The worry was that WhatsApp will share data with Facebook, which would learn even more details about you. At the time, WhatsApp made it clear that something like that won’t happen. But as it turns out, WhatsApp lied. More →
One of the reasons why Facebook is so beloved by advertisers is because the social networking giant has access to all sorts of granular data about your background and interests. All the more interesting is that Facebook even has a good idea as to your political leanings, even if you rarely, if ever, “like” or express an interest in a particular candidate or political cause.
Interestingly enough, there’s an extremely simple way to see what side of the political spectrum Facebook thinks you fall on. It all goes back to advertising dollars, after all, so you better believe that Facebook has a good inclination as to whether or not you’re on the Trump bandwagon or if your heart still beats proudly for Bernie Sanders.
Even if you think you’ve done a good job when it comes to keeping your political views hidden from public view, it’s hard to escape the all-knowing Facebook algorithm.