Tags: Facebook

Facebook acquires Oculus VR in $2B deal

Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its technology.


Google plans to develop YouTube for Kids

According to Mashable, Google has intended to develop a YouTube site dedicated for children below 10 years old which could be ideal as more than 6 billion hours of videos are being watched by teens every month on the social media video platform.

Mark Zuckerberg and Ashton Kutcher invest $40M in stealthy AI startup Vicarious

Facebook founder Mark Zuckerberg, Hollywood actor Ashton Kutcher, and Tesla founder Elon Musk invested $40 million in the second funding round of secretive artificial intelligence (AI) startup Vicarious.

FTC and California say Facebook gave wrong interpretation on online teen privacy

The Federal Trade Commission and California Attorney General Kamala Harris said Facebook had the wrong interpretation of how COPPA applies to teenagers, the Los Angeles Times reported.


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Dear Future Mom is a 2 minute clip answering questions from a soon-to-be mother, fearing the kind of life her child would have after knowing the baby has Down syndrome.
Photos of women without any make-up on went viral on social media platforms, supporting the campaign against cancer and getting thousands of donations for Irish Cancer Society.
Granada, Spain-based gifting startup Giftri mines web consumers' Facebook data, including Likes and Interests, to come up with personalized gift recommendations that gift-senders can buy from Amazon.
Palo Alto, US-based late-stage investment firm Technology Crossover Ventures (TCV) raised $2.23 billion for its eighth growth equity fund from European and Asian private and public pension funds, financial institutions and other investors.
Facebook Secutiry Director Ryan McGeehan annouced that he is leaving in early April to take a security-related position at San Francisco, US-based Bitcoin startup Coinbase.
Clients were dismayed following Ovivo's unannounced shutdown taking the matter to web forums to express the outage, reported BBC News.
New York, US-based social media management startup Percolate landed $24 million in a Series B funding led by Sequoia Capital to help companies monitor conversations and create content on social media.
Microsoft Founder Bill Gates thinks that innovation drives progress and doesn't mind the silly endeavors that some companies in Silicon Valley are engaged in because it is from them that important ideas emerge.
Facebook's owner Mark Zuckerberg called the US President Barack Obama to express his frustrations regarding reports that his site was being used to track people.
Scammers took the viral news regarding the missing MH370 flight story an opportunity to mislead Facebook and Twitter users after posting links with the headline “Malaysia Airline Found” to urge netizens to participate in bogus online surveys.
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