Facebook Inc

Twitter explores subscription-based option for first time

Twitter Inc is considering whether to build a premium version of its popular Tweetdeck interface aimed at professionals, the company said on Thursday, raising the possibility that it could collect subscription fees from some users for the first time.

Mar 24, 2017, 09:06 AM IST

Facebook's Oculus cuts price of virtual reality set by $200

Facebook Inc`s virtual reality unit Oculus has cut $200 from the total price of its flagship hardware set, in a bid to expand the system`s base of video game players.

Mar 02, 2017, 09:08 AM IST

Facebook builds censorship tool to attain China re-entry

Facebook Inc has quietly developed a censorship tool that could persuade China to allow the world`s biggest social media network to re-enter the world`s second largest economy after a seven-year ban, the New York Times reported on Tuesday.

Nov 23, 2016, 09:16 AM IST

Facebook testing job posting features; will it take on LinkedIn?

Facebook Inc said on Monday, it was testing a feature that would let page administrators create job postings and receive applications from candidates, a move that could pressure LinkedIn Corp`s recruiting business.

Nov 08, 2016, 10:34 AM IST

Twitter to share ad revenue on videos by US users

Twitter Inc stepped up its battle to attract video talent to its platform, saying it will allow U.S. users who upload a video to share in any advertising revenue it generates.

Aug 31, 2016, 02:53 AM IST

Facebook investors OK new share class to keep Zuckerberg at helm

Facebook Inc shareholders approved a proposal to create a new class of non-voting shares, a move aimed at letting Chief Executive Officer Mark Zuckerberg give away his wealth without relinquishing control of the social media company he founded.

Jun 21, 2016, 01:46 AM IST

Mark Zuckerberg settles real estate lawsuit for no payout

Mark Zuckerberg has agreed to settle a lawsuit and pay no money to a real estate developer who sued him in a dispute over property near the Facebook Inc chief executive`s home in Silicon Valley, his lawyer said on Tuesday.

Mar 16, 2016, 11:36 AM IST

Facebook director Andreessen sorry for India Internet remarks

Marc Andreessen, a prominent venture capitalist and Facebook Inc board director, apologised on Wednesday for tweets that condemned the Indian government for banning the social media company`s free Internet service.

Feb 11, 2016, 04:41 AM IST

Google shares soar as YouTube growth allays fears over Facebook

Google Inc`s shares surged as much as 14.5 percent on Friday, adding nearly $60 billion to its market value, as strong growth in mobile ad revenue allayed concerns its YouTube business could be hurt by Facebook Inc`s push into video.

Jul 17, 2015, 21:16 PM IST

Facebook to build new data center in Forth Worth

Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall.

Jul 08, 2015, 00:51 AM IST

Facebook's userbase touches 125-mn in India

Globally, it has 1.44 billion monthly active users as of March 31, 2015.

Jun 29, 2015, 18:49 PM IST

Facebook earns 51% of ad revenue overseas: Executives

Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.

Jun 10, 2015, 09:00 AM IST

Nasdaq to settle Facebook IPO lawsuit for $26.5 million

In a first for a US stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million to settle a class-action lawsuit involving its bungling of Facebook Inc`s $16 billion initial public offering, the plaintiffs` lawyers said.

Apr 24, 2015, 02:41 AM IST

Facebook revenue growth slows, costs weigh on profit

Facebook Inc posted its slowest growth in quarterly revenue in two years and higher spending on research and development ate into profits.

Apr 23, 2015, 06:57 AM IST

Fugitive fails to revive Facebook lawsuit, block criminal case

A federal appeals court on Monday forcefully rejected the fugitive Paul Ceglia`s effort to revive what U.S. prosecutors have called his fraudulent lawsuit to extort social media company Facebook Inc and its founder Mark Zuckerberg.

Apr 21, 2015, 02:53 AM IST

Facebook in soup over 'stealing' personal data

Facebook is in legal trouble over usage of personal data of its users for its facial recognition features, media reports said.

Apr 08, 2015, 15:46 PM IST

Facebook talks up need for virtual reality, big tech bets

Virtual reality, artificial intelligence and drones will enable Facebook Inc to create a more lifelike and useful social network, the company said in its clearest explanation so far for technology projects that have puzzled some investors and analysts.

Mar 27, 2015, 08:56 AM IST

Facebook to allow users to send money to friends through Messenger

Facebook Inc said it is adding a new feature to its messaging app that allows friends to send and receive money through it.

Mar 18, 2015, 09:26 AM IST

Facebook tops Wall Street revenue target in 4th quarter

Facebook Inc`s revenue grew 49 percent in the fourth quarter, as mobile advertising growth helped the world`s largest Internet social network beat Wall Street`s targets for earnings and sales.

Jan 29, 2015, 04:36 AM IST

Facebook acquires voice recognition firm

Facebook Inc acquired a company that makes voice recognition technology for wearable devices and Internet-connected appliances, the latest sign of its ambition to extend its reach beyond computers and smartphones.

Jan 06, 2015, 04:39 AM IST