Facebook Inc (NASDAQ FB) has spent a large amount in acquiring WhatsApp, the most popular messaging app, and this acquisition has come at a huge cost of more than $19 billion. Though the general perception might be that Facebook would want to monetize its investments and seek good returns ASAP, a report indicates that the…
Facebook is not as much fun for teens as Instagram and other social networking sites are, reveals a survey. Facebook Inc (NASDAQ FB) is losing popularity among teens as more and more youngsters prefer Instagram and Twitter Inc (NYSE TWTR) to fulfill their social media needs, says a report from Piper Jaffray. There is no…
Facebook Inc (NASDAQ FB) launched a new advertising type – local awareness ads, which will be available to U.S. advertisers in few weeks time while it will take few months to make the said feature available on a global scale. This is yet another way of money making and if it does not get the…
Facebook is getting success in its fight against fake likes, and has won over $2 billion in legal judgments against spammers. As soon as Facebook Inc (NASDAQ FB) decided to get rid of the fake ‘likes’ on its website, there are reports claiming that it has won more than $2 billion in legal judgments against…
Social media giant Facebook Inc (NASDAQ FB) announced on Monday, October 6th that its $20 billion plus acquisition of instant messaging leader Whatsapp was finalized as both the U.S. SEC and the European Commission had signed off on the deal. Shares of acquisition-happy Facebook are up 41 cents at $77.85 as of 1:45 PM ET…
Facebook Inc (NASDAQ FB) recently won approval from the European Union for the WhatsApp bid at $19 billion. This is a huge opportunity for the social media giant which wants to transform the telecom industry. This is a landmark deal for Facebook Inc (NASDAQ FB) and it should give the company a strong lead in…
