Facebook

Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.

Facebook is a popular free social networking website that allows registered users to create profiles, upload photos and video, send messages and keep in touch.

Source: facebook.com

Facebook Shelves Houseparty Acquisition Over Antitrust Concerns
Facebook Shelves Houseparty Acquisition Over Antitrust Concerns
August 12, 2019  |  Facebook

Facebook reportedly dropped a deal to buy competitor Houseparty, the video-focused social media chat app, due to anticipated additional antitrust scrutiny, The New York Times reported...

READ MORE >
EU Could Hand Down Facebook Privacy Decisions By Year End
EU Could Hand Down Facebook Privacy Decisions By Year End
August 12, 2019  |  Regulation

The European Union’s Facebook investigations under the bloc’s new privacy laws could wrap up by the end of this year, The Wall Street Journal reported on...

READ MORE >
Facebook Contributes To $125M Funding For India Marketplace Meesho
Facebook Contributes To $125M Funding For India Marketplace Meesho
August 12, 2019  |  Investments

Bangalore-based social commerce startup Meesho has raised $125 million to expand its eCommerce business in India, TechCrunch reported on Monday (Aug. 12). Naspers led the...

READ MORE >
Subscription Commerce Is Expanding Beyond Retail
Subscription Commerce Is Expanding Beyond Retail
August 12, 2019  |  Subscriptions

News came last week that Facebook is trying to get into the video streaming subscription business and attempt to steal market share from YouTube and...

READ MORE >
China’s Central Bank Readies Launch Of Digital Coin
China’s Central Bank Readies Launch Of Digital Coin
August 11, 2019  |  Blockchain

The People’s Bank of China (PBoC) said it is now ready to launch its own blockchain-based digital currency after five years of research, CoinTelegraph reported...

READ MORE >
Bitcoin’s Sizzle To Lead To Fizzle?
Bitcoin’s Sizzle To Lead To Fizzle?
August 09, 2019  |  Sizzle/Fizzle

As the price of bitcoin surged this week, cryptocurrency (namely, Facebook’s Libra) has been under increased scrutiny by regulators. The folks who bought their bitcoin...

READ MORE >
Facebook Could Pay Up To $3M Per Year To License News Content
Facebook Could Pay Up To $3M Per Year To License News Content
August 08, 2019  |  Facebook

Facebook has offered news outlets millions of dollars for content in a planned news section, according to a report by The Wall Street Journal. Facebook...

READ MORE >
Court: Facebook Biometric Data Lawsuit Will Proceed
Court: Facebook Biometric Data Lawsuit Will Proceed
August 08, 2019  |  Facebook

Facebook has lost an appeal to throw out a class action lawsuit alleging that it improperly used and stored biometric data on millions of users,...

READ MORE >