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…
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…
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…
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…
Facebook Inc (NASDAQ FB) is observing a trend in Europe that more and more app developers are going “Android-First.” This transformation holds significance in the light of the fact that over the years app developers have preferred to launch their app on Apple’s iOS operating system first. Generally, it has been seen that after garnering…
Some commentators have begun to worry that Facebook is overly reliant on revenue generated from selling ads to venture-backed tech startups that will go bust if the capital behind them dries up. If the theory came were proved correct, events would bear an uncanny resemblance to the bursting of the dot-com bubble, with Facebook Inc…
