Facebook Inc (NASDAQ:FB) looking to enter Workplaces with FB@Work

Facebook Inc (NASDAQ:FB) may be gearing up to enter offices with FB@Work project. Facebook is looking to work on a new version of Facebook which would be targeted for the Workplaces. This new Facebook platform would be available across Web, Android and iOS platforms.

While Facebook itself as well as other companies do use Facebook for working purposes, a formal platform has not been built by Facebook. The idea of launching a new platform should help with the growth of Facebook Inc as a whole, increasing their revenue streams by attracting a wider audience.

FB@Work would expand Facebook’s scope, providing it an opportunity to enter the professional networking market. The number of users for Facebook Inc stands at a staggering 1.28 billion. This number would rise with FB@Work. It should also help Facebook rise as a competitor to LinkedIn and other similar media.

Facebook’s FB @ Work

With no official statement from Facebook Inc (NASDAQ:FB), it remains unclear as to how FB@Work is going to function. FB@Work may be working as an internal communication platform within the office. Or it may work as a new platform that will offer people something similar to the current professional network, LinkedIn from LinkedIn Corp (NYSE:LNKD). That is, it may offer services of interfacing with the hundreds of millions of people who already use it.

A spokesperson for Facebook says the company doesn’t comment on rumor or speculation and has “nothing to add at this point.” Facebook messaging is already being used by some companies informally for the purpose of internal communications. The internal communications being carried out using Facebook, helps companies use a known Facebook networking platform for their own professional use.

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Facebook Inc (NASDAQ:FB) Business News

FB@Work could be a within-enterprise communicating media, making the networking platform more popular and thereby increasing Facebook’s revenue. Or FB@Work could help Facebook face rivals LinkedIn as a professional Network Provider. Such news would be welcomed by Facebook Inc (NASDAQ:FB) stock holders who have seen the stock return almost 25% in the last year.

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