What does Facebook’s acquisition of WhatsApp mean for social media and messaging?

 After Facebook acquired WhatsApp for $16 billion, many began thinking about what could be Facebook’s motive apart from the obvious fact that WhatsApp is a rapidly growing company and the effect it would have on social media and internet messaging.

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Posted in facebook, internet, whatsapp

Facebook acquires Whatsapp for $19 billion

The mega social media giant has announced the acquisition of messaging app Whatsapp for a price of $19 billion. $4 billion will be paid in cash, $16 billion in Facebook shares and $3 billion in vesting restricted stock units.

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Posted in facebook, internet, whatsapp

Will Twitter ever challenge Facebook?

Twitter released its earnings call on the 4th of February and its market capitalization has fell about 25% from about $36 billion to $27 billion in an occurrence that showed investors were losing faith rapidly in the second largest social network.

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Posted in facebook, internet, Twitter

Facebook could lose 80 percent of users by 2017 says researchers

Researchers at Princeton University has predicted that the most popular social network site, Facebook could see a mass exodus of up to 80% of its users between 2015 and 2017.

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Posted in facebook, internet

Sorry, you’ll now see less text posts from Facebook pages

Facebook has revealed through its Product Manager, News Feed Ranking, Chris Turitzin in a blog post that users of Facebook will see less of text updates from pages and more text updates from their friends. It was also revealed that other types of contents from pages could get more rank in the news feed than before.

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Posted in facebook, internet

Instagram now on Windows Phone

After a year and eight months that Instagram debuted on Android, the photo sharing app is now available on the Windows Phone Store for users on the Windows Phone platform.

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Posted in facebook, instagram, internet

Facebook Page or Group? Different purposes...

Undoubtedly, Facebook is now the biggest social media site around and the ultimate place to meet people you care about online. Apart from interpersonal activities on the social site, Facebook has also made it possible for people with the same interests to discuss and receive information about their interests.

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Posted in facebook, internet

Snapchat rejects Facebook’s $3bn offer

According to reports from the Wall Street Journal, growing messaging service, Snapchat has spurned a $3 billion acquisition offer from the biggest social media site, Facebook.

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Posted in facebook, internet

Facebook’s quarter results shows declining youth usage

The biggest social site, Facebook has revealed its results for the last quarter. Facebook had a remarkable result for the quarter even exceeding analysts’ prediction but the only negative was that teen usage on the social site reduced during the quarter.

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Posted in facebook, internet

Mark Zuckerberg buys neighbours’ houses for more than $30m

In a step to increase privacy from spying eyes, Facebook co-founder and CEO, Mark Zuckerberg has purchased four homes that are adjacent to his 5,617-square-foot Palo Alto home for a cool price of more than $30 million.

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Posted in facebook, internet

Facebook to add 4 social networks to Home

After a low acceptance of its Facebook Home Android app, Facebook has decided to add four third party social sites to the application. The sites to be added include Flickr, Pinterest, Tumblr and Facebook’s Instagram.

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Find your Facebook face

A new web app The Faces of Facebook has been introduced and it aggregates all the over 1.2 billion Facebook profile pictures into one place.

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Posted in facebook, internet

Facebook and Twitter became available in Iran because of…

For those who didn’t know initially, social media sites like Facebook and Twitter were banned in Iran in 2009 after the Iranian government claimed social media aided the protests that broke out in 2009 as a result of the re-election of former president Mahmoud Ahmadinejad for a second term.

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Posted in facebook, internet

Mark Zuckerberg now in the top 20 richest in the U. S.

Facebook founder Mark Zuckerberg has broken into the top twenty richest list after increasing his wealth by more than 100 percent over the past year.

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Posted in facebook, Google, internet

Saudi Prince doesn’t intend to sell his Twitter stake

Billionaire Prince Alwaleed bin Talal has revealed he will not sell his investments in Twitter before or at its initial public offering (IPO) as he predicted it could be later this year or early in 2014.

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Posted in facebook, internet, Twitter

Usmanov sells shares in Facebook

Russia’s richest man, Alisher Usmanov has sold his shares in Facebook which is being controlled by his internet investment company Mail.ru.

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Posted in facebook, internet

Facebook is now worth over $100 billion

According to data from FactSet revealed by Mashable, Facebook’s market capitalization topped $100 billion on Monday.

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Facebook, Nokia, Samsung and four other companies to launch “internet.org”

Facebook in collaboration with companies like Samsung and Nokia will launch project internet.org in order to make internet available to about two thirds of the world population who are currently off-line.

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Posted in facebook, internet

83% of Facebook users in UK access it from mobile devices

Facebook has revealed that it now has 33 million registered users in the United Kingdom. It also revealed that out of the 24 million users that access it daily, 20 million access it from their mobile devices.

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Posted in facebook, internet

Facebook to introduce video ads in News Feed

As a big company looking to increase revenue by utilizing the leverage of about 1.15 billion monthly active users and 699 million daily active users, Facebook is looking at ways to include video ads in its News Feed.

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Posted in facebook, internet