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New Messenger App Might Be The Path To Facebook’s Next Billion Users

via Paul Sloan, CNET News It may seem odd to talk about user growth for Facebook, which with 1 billion-plus members is already more than three times the size of the entire U.S. population. But much of what the company does boils down to just that: How to add the next billion users? And then … Continue reading

Facebook Tops 1 Billion Users Per Month

via AP, USA Today Facebook has topped 1 billion users, but the past few months have not been easy. CEO Mark Zuckerberg says that the company is going through a bit of a rough patch following its rocky initial public offering. Zuckerberg updated his Facebook status on Thursday to announce that the social networking site … Continue reading

Facebook Introduces Gift Service

via Jessica Guynn, Los Angeles Times Could Facebook Inc.’s new gift service be the early Christmas present that Wall Street has been waiting for? After its disastrous debut as a public company in May, the social networking giant has come under increasing pressure from investors not just to squeeze more advertising dollars from its nearly … Continue reading

Facebook Acquires Face.com To Bolster Its Facial Recognition Technology

via Alexis Tsotsis, TechCrunch After about a month of speculation, Facebook has finally announced its acquisition of Israeli facial recognition technology Face.com. We’ve heard from multiple sources that the acquisition price was around $100m, with others reporting that the price was between $80m-$100m. (Update: We’re now hearing from a source familiar with the matter that … Continue reading

Facebook Doesn’t Need To Make A Phone

via Dan Costa, PC Mag There have been a number of theories explaining Facebook’s lackluster IPO performance. Perhaps it’s the social network’s dependence on advertising or just a general sense that no company can live up to the colossal hype generated by Facebook. Personally, I see Facebook’s mobile offerings as its primary weakness. The world … Continue reading

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