Facebook sent engineers to research on the social media market of India. India is not only the most hotly contested market for smartphones. According to analysts, the Indian social network market will become the largest in the world in two years.
Tags: Facebook
Higher advertising costs hinder Fusion-io's revenue, shares drop
Fusion-io posted a large quarterly loss due to advertising costs and expenditures associated with the absorption of NexGen Storage's workers.
Facebook rewards US$1 million to bug hunters
Facebook paid US$1 million to security researchers for the last two years. Facebook, a social networking titan, said it paid more than US$1 million to security researchers within the last two years.
Facebook hires first marketing chief from Google
Facebook hired Gary Briggs from Google's Motorola Mobility as its first ever marketing chief. Facebook hired Gary Briggs, Motorola Mobility's former chief marketer, to be the social networking site's first ever chief marketing officer.
Facebook believes US$2.5 million per day for 15-second video is reasonable
Facebook believed that advertisement price US$2.5 million per day was reasonable considering the potential of 1 billion users watching the 15-second long video ad.
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According to analysts, the feature phone boosted Facebook's attempt to penetrate the mobile market.
Facebook's shares reached record highs due to mobile ad revenue. Shares of the social networking giant skyrocketed back to their pre-listing level for the first time since its initial public offering.
Media reports of Facebook becoming "uncool" for teens was not true. There were media reports saying that teens were deserting Facebook. Teens were Facebook's very first market.
After the end of Facebook and Zynga's agreement, the web network said that they will publish their own games on the social platform.
Zynga filed legal action against "Bang With Friends" for copyright infringement. "Bang With Friends," the provocatively named "casual sex matchmaking application" faced legal action from social game developer Zynga.
Airomo stated that there were many problems in the app business that would make the industry less profitable.
JPMorgan reissued overweight rating for Facebook shares as per a research report released Thursday. JPMorgan Chase & Co. reissued an overweight rating for Facebook shares, according to a research report released Thursday.
Dan Morris of Facebook will discuss mobile gaming at the Casual Connect conference. A Casual Connect conference will be held in San Francisco this week.
Facebook can make more money by offering to remove Newsfeed ads for a monthly fee, according to Greenlight.
