Displaying items by tag: Facebook

Facebook bragged with the new functionality for its mobile iOS and Android apps. A new option is called "Nearby Friends" which notifies the user when the one of his Facebook friends are found nearby, all to facilitate socializing users in real life.

services, specifically in the area of electronic exchange of money between users of their networks. Facebook is reportedly waiting for the permission from the central bank of the Republic of Ireland, which would make the social network an institution for electronic payment, exchange and storage of funds modeled after the popular PayPal service in Europe. 

The U.S. Federal Trade Commission approved Facebook's acquisition of WhatsApp, which was announced in February. Before finalizing the transaction, companies will have to wait for approvals from other international regulators in countries where both companies operate. However, the FTC's approval did not come without warning and instructions related to the issue that stood out as the most contentious - the protection of user data.

Instead of the more usual changing of their privacy terms once again, Facebook this time decided on a different approach and simply improve existing privacy features. They began testing three new options which will try to accomplish that. New options have been designed on the basis of nearly 4,000 daily testing that Facebook implemented in 27 different languages.

Facebook and Ericsson have announced the opening of an Innovation Lab within Facebook's Menlo Park complex in which they will jointly assist in the development of applications and services based on mobile networks.

After Facebook bought WhatsApp many users have wondered how the privacy of the messages send will now be governed. Although Facebook is not yet fully responsible for this application, a new version (2.11.169) arrives that will bring new opportunities in terms of privacy. With the new settings, you can specify who can see get the infamous “Last Seen” status, your profile photo, and your status. At WhatsApp took into account that these three options are separated, and each one can be separately adjusted.

Facebook has announced that they have reached a final agreement on the purchase of WhatsApp, a popular system for instant messaging via smartphone, for enormous figure of $16 billion in cash and stock (4 billion in cash and 12 billion in Facebook's stock). Additional three billion of US dollars in Facebook's shares will be offered to the founders of WhatsApp during the next four years after finalizing the contract.

According to a study at Princeton University social network Facebook will in the next three years lose about 80% of its users. Study of the Department of Mechanics and Aeronautics argues that weakening of Facebook will occur because of loss of user between the 2015 and in 2017.

At the end of August, Facebook started testing display of the currently most popular topics that are being discussed in the social network. The so-called "trending" section is located in the top right corner of the screen and displays to the user the most commonly mentioned phrases and words, with brief accompanying explanations.

Mark Zuckerberg, founder and CEO of Facebook, will sell shares in the company valued at $2.3 billion to pay the taxes. It's just part of the offer of 70 million shares of Facebook, which will go on sale.