European Union antitrust officials have started questioning rival firms about Facebook Inc (NASDAQ FB)’s proposed $19 billion acquisition of messaging service WhatsApp, ahead of a formal review that could be a test case for how to apply EU competition law to social media. Officials at the European Commission, the EU’s central competition authority, have in…
A Dutch nonprofit initiative is calling on users to conduct their own Facebook (NASDAQ FB) mood experiment by quitting the site for 99 days and taking periodic happiness surveys to see whether they’re better off without it. The idea that started as a humorous undertone inside a small European advertising agency regarding Facebook Inc (NASDAQ…
In an interesting development on the Wall Street, Facebook Inc (NASDAQ FB) has announced that it would be soon implementing the Digital Payment world on its own platform. Facebook has already taken relevant steps for the same and is waiting for the approval from Central Bank of Ireland so that it can initiate its services….
In an interesting development, Facebook Inc (NASDAQ FB) has looked towards Emerging Markets with New Ad Efforts. Facebook Inc (NASDAQ FB) user growth is slowing in North America, though it continues to grow by leaps and bounds in emerging markets. For example, the number of active Facebook users from such countries has grown from 8…
In an interesting development, Facebook Inc (NASDAQ:FB) helped bring down a botnet called Lecpetex. This story shows both the growing sophistication of hackers and the difficulty of getting people to follow straightforward security protocols. Facebook reported that People downloaded and ran .exe files from spam messages despite years of warnings. The Facebook Inc (NASDAQ:FB) wrote…
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….
