Facebook CEO Mark Zuckerberg saw over $6 billion in losses to his personal wealth in several hours Monday (Oct. 4) when the popular social media site and its various associated apps were down, Bloomberg reported. This comes just a day after a whistleblower came forward,...
Facebook has filed a second motion to dismiss the Federal Trade Commission’s (FTC) lawsuit accusing the social media behemoth of monopolistic behavior, CNBC reported. In its motion, Facebook said the FTC’s vote to file an amended complaint was invalid because Chairwoman Lina Khan should have...
Facebook Chief Technology Officer Mike Schroepfer has announced he’ll be stepping down, his post on the social media site says. Instead, beginning sometime in 2022, he’ll be the company’s first senior fellow on a part-time basis, he wrote. “This is a difficult decision because of...
Facebook is debuting new aspects of its Portal video-calling software, including a 10-inch portable device, Portal Go, and a more advanced version called Portal+, a company blog says. The blog says Portal Go will take aspects of the Portal Smart Camera video calling and bring...
Facebook is introducing new tools for businesses to connect with potential customers on its app in a bid to become a destination for online shoppers. As Reuters reported this week, the new features will give shoppers a more personalized experience. For example, businesses will be...
Facebook Messenger celebrated its 10th anniversary this week, adding the option for users to send cash birthday gifts directly through the platform using Facebook Pay. The new feature is the latest step in the company’s ongoing efforts to try to scale the Facebook Pay service....
Facebook is trialing a program to let some users make voice and video calls on its main app, Reuters reported. The aim is to make it easier to place calls without using the standalone Messenger app, which was spun off from the main app several...
Facebook is creating a “metaverse,” which allows for digital worlds that several people can share simultaneously, and it is in the process of setting up a team for the project, CNBC reported. Facebook Vice President of Augmented Reality (AR) and Virtual Reality (VR) Andrew Bosworth...
The mobile wallet race officially became the mobile wallet war Wednesday, after Facebook announced plans to support the use of its Facebook Pay system on sites outside of its ecosystem. This first big step into the wider world of payments would have been less remarkable had it...
