Facebook has revealed financial earnings for Q2 2017. The social network has recorded $9.32 billion in revenue, up 45% year-over-year (YoY). Net profit in the second quarter leapt 71 percent from a year ago to $3.9 billion.
Continue reading “Facebook records $9.32 billion in revenue, 2.01 billion MAUs in Q2 2017”
Facebook has acquired a startup dubbed as Source3 that uses technology to identify videos and other content that has been shared on the internet without permission. The news was first reported by Recode and later confirmed by Source3.
Continue reading “Facebook acquires Source3 startup to curb content piracy”
It looks like Facebook is exploring modular smartphones. The social network has filed a patent at the United States Patent and Trademark Office (USPTO) for a “modular electromechanical device” that would allow users to easily swap existing components. This development was first spotted by Business Insider. Continue reading “Facebook’s new patents suggests a modular smartphone is in the works”
Facebook-owned Oculus is planning to release a cheaper VR headset that in 2018, according to a new report from Bloomberg. The standalone VR headset that will not require a dedicated PC to function is expected to cost $200. Continue reading “Oculus is tipped to announce $200 standalone VR headset for 2018”
Facebook launched Messenger Lite app for Android for emerging markets such as Kenya, Tunisia, Malaysia, Sri Lanka and Venezuela back in October last year. In April this year it was launched in 132 more countries including Germany, Colombia, Italy, Vietnam, Algeria, Morocco, Nigeria, Peru, Turkey, Japan, Taiwan and the Netherlands, but India was not in the list. Today Facebook has finally launched the app in India. Continue reading “Facebook Messenger Lite for Android now available in India”
Facebook has started rolling out ads for Messenger globally after testing ads for Australia and Thailand. The social network is now expanding beta test of home screen Messenger ads worldwide. Messenger ads will be targeted to specific users similar to those we see on Instagram and Facebook.
Continue reading “Facebook starts rolling out ads in Messenger globally”
Facebook is working on a standalone app for group video chat, according to a report from The Verge. Dubbed as Bonfire, the app is said to be similar to the Houseparty app that was launched last year. Continue reading “Facebook is said to be working on a group video chat app called Bonfire”
Facebook new Find Wi-Fi feature is now rolling out globally for Android and iOS. The social network has been testing the feature since last year. As the name suggests, Find Wi-Fi lets you locate available Wi-Fi hotspots nearby that businesses have shared with Facebook from their Page. Continue reading “Facebook’s Find Wi-Fi feature is now available for everyone”
Facebook has successfully completed second full-scale test flight of the internet drone Aquila. The aircraft flew for 1 hour and 46 minutes, and landed perfectly on our prepared landing site. Continue reading “Facebook’s Aquila drone successfully completes its second test flight”
The Election Commission will launch a special drive to enrol new electors, and has collaborated with Facebook to launch a ‘voter registration reminder’ on July 1. With over 180 million people in India on Facebook, the ‘Register Now’ button is designed to encourage Indian citizens to register themselves with the Election Commission of India.
Facebook has announced that it now has 2 billion monthly active users. The latest milestone was revealed by Mark Zuckerberg in a Facebook post. This means nearly two-thirds of the people on the Internet are on Facebook. The social network had 1.94 billion MAUs in Q1 2017. Continue reading “Facebook now has over 2 billion monthly active users”
Facebook Messenger is adding Snapchat-like filters, masks, animated reactions to video chat. The update also brings the ability to take screenshots during an ongoing video chat. All the new features are available for one-on-one and group video chat. Continue reading “Facebook Messenger brings Snapchat like filters, masks to video chat”
Facebook announced at the VidCon conference that it is working on a dedicated app for video creators. The video creation app will be exclusive for people with verified accounts like journalists, celebrities and other online influencers. It will essentially be an update to the Facebook Mentions app that is limited to aforementioned people. Continue reading “Facebook is working on a standalone app for video creators”
Facebook has rolled out an important feature for its over 166 million monthly active users in India. The social network has introduced a profile picture guard that will give Indian users more control over who can download and share their pictures. Continue reading “Facebook is giving Indian users more control over their profile picture”
Facebook is finally rolling out support for GIF, one of the most popular and anticipated feature to its platform. The social network was testing the feature for a month and has released on the 30th anniversary of GIF. Continue reading “Facebook finally lets you add GIFs to comment replies”
