Facebook smashes expectations with record revenue and number of active users January 28, 2015 Facebook has beaten expectations and reported revenue for the fourth quarter of $3.85bn. Revenue was expected to climb $3.8bn from $2.6bn the same time the previous year. Facebook has been on a winning streak after beating expectations last quarter on revenues and earnings. The social media giant's number of monthly active users also bust through [...]
Facebook, Instagram and Tinder down for over an hour but social media giant denies cyber-attack January 27, 2015 Millions of Facebook and Instagram users were left stranded without profiles to lurk, updates to post and photos to “like” this morning, as the social networks were down for around an hour. Even Tinder users were unable to get swiping with the dating app shut down by what Facebook say was a fault caused [...]
Video: Google’s Eric Schmidt, Facebook’s Sheryl Sandberg and Microsoft’s Satya Nadella at Davos 2015 January 22, 2015 On day two of this year's biggest gathering of world leaders, the focus moved to tech. During one session Google chairman Eric Schmidt joined Facebook chief operating officer Sheryl Sandberg and Microsoft chief executive Satya Nadella to discuss the future of the digital economy, and whether we have what is needed to ensure a thriving, open [...]
This week you’ve failed at your new year’s resolutions – and Facebook knows about it January 21, 2015 The third week of January is the time most people begin to flake out of their new year's resolutions, it turns out. And to make it that little bit worse, Facebook is silently judging you as you fail. We all know the routine: you start the year full of gusto, enthusiastically checking into the gym [...]
Deloitte: Facebook added $6.6bn to the UK economy in 2014 January 20, 2015 Facebook added $227bn (£149bn) to the global economy in 2014, according to a Deloitte and Touche report commissioned by the social media giant. Although Facebook only generated revenue of $12bn (£7.9bn) in the financial year, the report calculates all the economic activity “enabled” by the social media platform. These include businesses with pages [...]
Elon Musk’s space internet: How we could soon have Facebook friends on Mars January 19, 2015 Ten years from now, we could be exchanging Facebook messages and tweets with people on Mars. Billionaire investor and inventor Elon Musk has come up with an idea to take the world wide web to a galactic level by setting up a vast network of satellites far out in space. Some 4,000 of [...]
David Cameron wants Twitter and Facebook to help intelligence agencies track down dangerous people January 15, 2015 Later today, Prime Minister David Cameron will try to persuade US President Barack Obama of the need for more cooperation between intelligence agencies and US tech firms like Twitter and Facebook. He will say that public safety is at stake, and that new laws regarding communication via social media platforms should be imposed [...]
Young adult Facebook users to decline over next three years January 14, 2015 Market research group eMarketer is predicting that there will be “almost” no new UK users aged 12 to 24 joining the social behemoth in the next three years. In addition, the number of users aged 18 to 24 will fall annually between 2016 and 2018, the group claims. Between 2015 and 2018 the [...]
Facebook to put warnings on violent videos January 13, 2015 Facebook has started warning users about the content of violent videos, asking users to confirm they want to proceed to content that could “shock, offend and upset.” Before the changes, which have been slowly rolled out since September, content would auto-play in users’ news feeds without asking for confirmation. The restrictions are only applied to [...]
Silicon Valley was right to invest in DNA: Facebook and Google-backed personal genetics business strikes $10m deal with Genentech January 7, 2015 Facebook and Google will be pleased about their decision to invest in personal genetics business 23andMe. The firm, which sells DNA testing kits to individual customers for $99 (£65) each, has secured a major deal with Genentech – a subsidiary of Roche. According to Forbes, 23andMe is receiving an upfront payment from Genentech [...]