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

Tinder Owner Looks To Competitor About Possible Takeover
Tinder Owner Looks To Competitor About Possible Takeover
February 07, 2020  |  Partnerships / Acquisitions

Match Group Inc., the dating service that owns Tinder, has approached a rival, Meet Group Inc., about a possible takeover, according to Bloomberg. The decision...

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EU Seeks Internal Facebook Records Amid Antitrust Probe
EU Seeks Internal Facebook Records Amid Antitrust Probe
February 06, 2020  |  ANTITRUST

Antitrust investigators from the European Union (EU) have requested internal records from Facebook as its investigation into the tech giant intensifies, The Wall Street Journal...

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Instagram Pulls In Over 25 Pct Of Facebook Ad Revenue
Instagram Pulls In Over 25 Pct Of Facebook Ad Revenue
February 04, 2020  |  Facebook

It appears that Instagram generated more than a quarter of Facebook’s total revenue last year, according to sources. The photo-sharing social media giant was acquired...

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Social Shopping Struggles With The Burden Of Potential
Social Shopping Struggles With The Burden Of Potential
February 03, 2020  |  Retail

2020 just might be the year that the long-awaited social shopping business actually shows up. Ever since Facebook and Google put their muscle behind connecting...

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EU Regulators Want Single Data Market In Europe
EU Regulators Want Single Data Market In Europe
February 03, 2020  |  Regulation

In Europe, another regulatory salvo may be aimed at U.S. tech firms’ dominance across online platforms, and the collection and use of data. The European...

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Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News
Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News
January 31, 2020  |  The Weekender

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Top News In Payments: Visa Logs 700M Direct Transactions; CFPB Sues Citizens Bank
Top News In Payments: Visa Logs 700M Direct Transactions; CFPB Sues Citizens Bank
January 31, 2020  |  News

In today’s top news, Visa reported positive first-quarter earnings, totaling 700 million Visa Direct transactions, and CFPB sued Citizens Bank for violating the Truth in...

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Facebook CFO Hints At WhatsApp Payments Expansion Beyond India
Facebook CFO Hints At WhatsApp Payments Expansion Beyond India
January 30, 2020  |  Earnings

Facebook recently released its quarterly earnings report for the period ending on Dec. 31. During the earnings call, the company touched on its plans for...

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Top News In Payments: Facebook Expenses Rise 51 Pct; Goldman Targets $125B In Consumer Deposits
Top News In Payments: Facebook Expenses Rise 51 Pct; Goldman Targets $125B In Consumer Deposits
January 30, 2020  |  News

In today’s top news, Facebook reports a 51 percent increase in expenses for 2019 in its Q4 earnings release, Goldman focuses on expanding its digital...

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