During Facebook’s recent earnings call, Mark Zuckerberg confirmed the company’s next hardware release will debut the tech giant’s collaboration with Ray-Ban eyewear on a pair of augmented reality glasses. The long-awaited Ray-Ban “smart glasses” were supposed to launch in 2021. However, as a steep plunge in COVID-19 cases forced most of the world into a lockdown, a lot of tech firm’s plans changed. “Looking ahead here, the […]
Concerns about a revenue growth slowdown pushed Facebook’s shares lower in after-hours trading Wednesday, not long after the company reported that its second-quarter profits doubled thanks to a massive increase in advertising revenue. But CEO Mark Zuckerberg set his sights far beyond the second half of 2021, exalting what he sees as the next phase […]
Facebook’s success is rapidly taking flight; however, it’s about to face serious challenges on multiple fronts. The company’s revenue grew 56 percent year-on-year (YoY) in the second quarter, amounting to $29 billion, according to a statement published on Wednesday. Facebook’s savvy marketing strategy and technological advancement managed to double its quarterly profit to almost $10.4 billion, $8.7 billion more than what analysts estimated. If this isn’t impressive enough, then take […]
It’s 9 a.m. The average summer heat wave feels less intense today as you’re walking down your neighborhood. The strong craving for a croissant consumes your thoughts as you’re contemplating what to have for breakfast. Out of nowhere, a bakery appears next to you with various croissant options to satisfy your cravings. You stop, choose your breakfast, only to realize […]
Facebook launched on Friday its cloud gaming service on Apple devices through a web app, that allows users to play games through a mobile device or web browser without having to download them. The step follows a series of back-and-forth trials with Apple that previously rejected Facebook’s standalone iOS app version of its gaming service. […]
Facebook clapped back Saturday against U.S. President Joe Biden’s comments accusing the social networking site of “killing people” by allowing COVID-19 vaccine misinformation being posted and argued that vaccine acceptance among U.S. users has risen. “The only pandemic we have is among the unvaccinated,” he said. The social media network considered that the facts tell a different story to the one promoted by the Biden administration. Guy Rosen, Facebook’s vice […]
E-commerce titan Amazon payed Facebook an undisclosed fee as part of its latest acquisition, terminating Facebook’s efforts to deliver internet connectivity. Amazon acquiring Facebook’s employees initiates the beginning of its plan to provide internet connectivity from low Earth orbit satellites, The Information reports. Back in April, Facebook’s team was added to Amazon’s 500-person group which […]
Facebook exposed on Thursday an Iranian cyber-spying operation that went after U.S. military personnel and people working at defense and aerospace companies. The tech giant said that group of Iranian hackers, known as Tortoiseshell, created fake social media profiles, and sent targeted malicious links to victims. The links that aimed to infect devices to enable espionage, used different tactics including setting up fake job recruiting sites. Facebook said the hackers tried to direct people to other websites, […]
Facebook and its subsidiary WhatsApp are developing two separate new updates. The features will support multidevice services on the instant messaging app and enhance experts’ profiles on Facebook groups. WhatsApp announced on Wednesday that it’s testing a multidevice service that works without a phone connected to the internet. “Each companion device will connect to your WhatsApp independently,” said the messaging platform in a statement. The new update enables WhatsApp users to use this service on […]
Facebook and WhatsApp are currently testing two separate new updates, that will look to make both platforms a safer space for people to network, while the latter focuses more on its video-sharing quality. WhatsApp Messenger, a subsidiary of Facebook since 2014, is developing a new feature allowing users to control the quality of videos sent […]