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Facebook third quarter earnings barely top Wall Street estimates
- Facebook’s third quarter financials ever so slightly topped Wall Street estimates. The social network reported revenue of $1.26 billion on the quarter ending September 30, just north of analysts’ predictions of $1.23 billion. Earnings leveled out at 12 cents per…
Facebook breaks past one billion active users milestone
- A million active users isn’t cool. You know what’s cool? A billion active users… and Facebook has just crossed that milestone as revealed in a short post by the company’s CEO and founder Mark Zuckerberg. To put that into perspective,…
New Facebook feature lets you pay to promote photos and posts
- Facebook has unveiled a new experimental feature that will allow members to promote important status updates or photos for a nominal fee. If you’re willing to shell out an average of $7, Facebook will guarantee that your paid-for post will…
Is Facebook Gifts the next big revenue source for the social network?
- Facebook has unveiled a new service called Facebook Gifts that will allow users to purchase and send real-life gifts to other members. The social network said members would be able to buy gifts as part of birthday reminders or by…
Facebook's new mobile ad network will show you ads on other sites
- Facebook has launched a beta version of their new mobile ad service that will allow them to serve targeted ads to users even when they visit other websites or apps. Member information such as gender, age, location and Likes can…
Google+ now has 400 million users, 100 million active each month
- Google has revealed that more than 400 million users now have Google+ accounts and more than 100 million people are active on the service each month. It’s quite the accomplishment considering their social network has only been online for just…
Editorial: Why I Left Facebook After 7 Years, But Was Forced Back In
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The early days of Facebook were much different from now. The site layout and profile pages were very basic, and the young and reckless didn't have to worry about family members or employers stumbling across their questionable photos.
But as Facebook closes in on one billion active users, its overwhelming success is mostly why I've decided to end my long-standing relationship with the social network. Seven years is a long time to maintain any online account, much less one that demands almost daily attention.
Facebook posts Q2 loss, has 955 million active monthly users
- Shares in Facebook fell to a record-low $23.94 in after-hours trading last night, a drop of 11%, after the company reported a loss in its second quarter financial results. This was the firm’s first report since being publicly floated on…
Facebook "want" button coming soon, says developer
- Facebook already allows members to express themselves in a number of different ways, from posting basic status updates and liking things to sharing what songs you are listening to and even sharing your organ donor status. But according to developer…
Microsoft purchases corporate social network Yammer for $1.2 billion
- Microsoft has pulled the trigger on a deal that will see them acquire corporate social network Yammer in an effort to keep pace with other similar offerings. As rumors earlier this month suggested, Microsoft has agreed to pay $1.2 billion…
Facebook buys facial recognition technology company Face.com
- Facebook has acquired facial recognition technology company Face.com for an undisclosed amount of money. Such a deal was rumored to be in the works last month for around $100 million, making Face.com the first post-IPO acquisition by the social networking…
Microsoft rumored to be buying corporate social network Yammer
- Microsoft is reportedly working to close a deal with business-minded social network Yammer Inc. in an acquisition that could be valued at more than $1 billion. Two people familiar with the subject tipped Bloomberg off with regards to the purchase…
Sources say Face.com will be Facebook's first post-IPO acquisition
- Several sources are claiming that Face.com will be the first acquisition for Facebook in the post-IPO world. The buying price is said to be solid at $100 million and a deal is already well underway, according to TechCrunch.
Microsoft invites everyone to try So.cl social network
- Just days after Facebook’s record-setting IPO, Microsoft has officially launched their social network known as So.cl (pronounced “social”). The education-driven project was developed by Microsoft Research’s FUSE Labs and takes a different approach to social networking. …
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