Facebook Inc (NASDAQ FB) announced that that its messenger app has more than 500 million users per month. The Facebook Messenger is the first standalone app of the social network giant. It was developed to provide users with a faster and more expressive way to communicate. According to Peter Martinazzi, director of product management at Facebook Inc (NASDAQ FB), users can communicate with their friends … Continue reading Stock Highlights: Facebook (NASDAQ FB) Messenger Crosses 500M

Twitter Inc (NYSE TWTR) is losing on the competition between the social networking sites, and is struggling to increase user growth. The company is continuously making changes to its website, and it has tweaked the website design again to give Twitter a more Facebook (NASDAQ FB)-like look. The status bar now appears at the place where a tweet is composed by the user. This is … Continue reading Stock News: Twitter Copying Facebook (NASDAQ FB) ?

Facebook Inc (NASDAQ FB)’s Messenger standalone app, which initially received a lot of criticism from users, is gradually seeing a growing adoption. This is not too surprising given Facebook did not leave any other option for users when it segregated the app and designed Facebook Messenger for quick chats. The growing adoption among users is evident from the fact that after around four months, the … Continue reading Stock Focus: Facebook Inc (NASDAQ FB) Messenger App Gradually Gaining Ground

Facebook Inc (NASDAQ FB) shares saw a significant rise in short interest during the month of October. As of October 31st, short interest totaled 43,824,108 shares, which was an increase of 15.1% from the October 15th total of 38,065,051. Of the total float, around 2.1% of shares were sold short. In a separate development, CTO Michael Todd Schroepfer sold 35,000 shares of Facebook in an … Continue reading Stock in News: Facebook Inc (NASDAQ FB) Short Interest Up 15%