Prior to the completion of its transaction with Facebook Inc (NASDAQ FB), Oculus VR acquired RakNet. Raknet is one of the World’s leading networking middle ware systems provider in the gaming industry owned by Jenkins Software LLC. Facebook entered an agreement to acquire Oculus VR for approximately $2 billion in cash and stock last March….
Facebook Inc (NASDAQ:FB) will continue in Afghanistan even though there were proposals to restrict the social networking site in the wake of ethnic hatred that sourced from it at the time of presidential elections. The war of words between the supporters on the website started after candidates Ashraf Ghani and Abdullah Abdullah were accused of…
Facebook Inc (NASDAQ FB) recently released its diversity figures for the first time, showing that the world’s largest social network is run by mostly white and Asian men. Facebook released the data on the heels of similar reports from Google, Yahoo, and LinkedIn that came out in recent weeks. The latest figures should come as…
Facebook (NASDAQ FB) is in trouble for its privacy practices yet again. This time the Electronic Privacy Information Center (EPIC), a privacy watchdog group, has filed an official complaint against Facebook for its 2012 emoticon study. The complaint states that Facebook Inc (NASDAQ:FB) didn’t obtain the consent of users before conducting the study. Last weekend,…
Facebook Inc (NASDAQ FB) has so far recorded 1 billion posts, likes and comments related to the World Cup. Facebook interaction has reached a new level while breaking records thanks to this year’s Football World Cup. The event has ignited more actions on a social media platform than any other event in the history of…
Facebook (NASDAQ FB) is a leader in the social networking market segment by a mile. All over the world, Facebook hsa been easily beating competition, to come first in this segment. It is more popular among the users in USA and India, while elsewhere it still impresses with its numbers. However, it still faces a…
