Facebook Inc (NASDAQ FB) is offering a revenue share deal to the publishers that will enable newspapers, magazines, and websites to send their articles for the social network directly through its mobile app, according to a report from the New York Times. The social networking website has initiated a “listening tour” with publishers to discuss…
Facebook Inc (NASDAQ:FB) could face a potential legal battle in connection with its “Rooms” app, which was launched last week. Facebook previously faced similar trademark issues related to its Timeline feature, Paper news reading app and Bolt photo-messaging app for Instagram. Damien Rottemberg, co-founder and CTO of Room Inc., the developer of Room app, which…
Facebook Inc (NASDAQ FB) apps are not popular with users despite the company being successful in turning its mobile unit into a thriving business. Ratings for the company’s mobile apps are among the lowest in the category on the Apple app store and Google Play store. Although users are not real happy with the Facebook…
In its third quarter earnings report earlier this week, Facebook Inc (NASDAQ FB) CEO Mark Zuckerberg stunned Wall Street analysts and investors alike when he announced that spending would be around 75% for the firm next year ($10-12 billion). Exactly what all those extra billions are going to be spent on in 2015 remains a…
Facebook Inc (NASDAQ FB) released its highly-anticipated Q3 report on Tuesday, October 28th. In the past 10 years since Facebook’s inception, the website has gone from a mere vision in a Harvard dorm room to a household name and cornerstone of social media. In the Q3 report, Facebook Inc (NASDAQ FB) reported $0.43 earnings per…
Facebook Inc (NASDAQ FB) CEO Mark Zuckerberg stated that he will continue to spend profusely on new technologies in the future, and also explained how this quarter’s numbers was impacted by mega-deals such as the WhatsApp acquisition. Facebook is asking analysts and investors to take a long-term perspective. Revenue for Facebook (NASDAQ FB) increased 59%…
