Latest Facebook news includes acquisition of Face.com

mobile social networking

This $55 to $60 million purchase will improve its facial recognition technology. Following several weeks of speculating, Facebook news finally shows that Face.com, an Israeli facial recognition technology, has been acquired. Though rumors initially suggested that it was purchased for $100 million, that number has since fallen. It is now more likely that the company was bought out for somewhere between $55 million and $60 million, and that this amount was a combination of cash and stock. The precise value of the purchase therefore depends on the stock of the…

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Latest Facebook news includes apps and acquisitions

Facebook social media marketing

The social network has announced the deployment of Bango technology. The most recent Facebook news, the social network giant has announced that it is boosting its technology offerings, as it releases the information regarding the deployment of technology from Bango and launches its new App Center. Bango has provided the king of social networking with the ability to use mobile commerce. It had already signed an agreement with the company back in February, for providing payments services to Facebook, but the social network has now stated that the services are…

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Augmented reality may revitalize social networking

Mobile marketing dislike frustration

Facebook fatigue may be wearing on consumers Social networks have come to play a significant role in the lives of many people. Platforms such as Facebook and Twitter regularly entertain millions, keeping friends, family, and even enemies connected to one another through the online world. Recently, however, consumers have been showing a degree of fatigue with platforms like Facebook. This concept was discussed at the Digital Shoreditch event held in London, UK. During the event, Christophe Mallot, social media strategy advisory for Carve Consulting, claimed that Facebook was faced with…

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Has Facebook reached the end of its hyper-growth or has it just begun – IPO reveals vision for the future

President Obama and Mark Zuckerberg

Facebook has filed its IPO to sell its shares on the open market (under the ticker symbol “FB”) and has revealed some hints regarding its intentions for its future in mobile and online payments, and has unveiled some of the information that has previously been carefully guarded regarding the pay received by its executives. American regulations require businesses to share this type of information regarding their internal operations, when they go public. The filing was a massive 200 pages long and a significant amount of it was dedicated to the…

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Games can now use the new mobile news feed at Facebook as a viral channel

Facebook mobile commerce

There was a time that game companies at Facebook would draw a broader number of users through the news feeds of the gamers… which distributed the message to non-gamers, and though this channel was cut back, the social media company has now announced that it is using the mobile news feed to test game stories. Until now, game companies have been forced to use paid marketing techniques and actual word of mouth (as opposed to its digital equivalent) in order to grow their user numbers. However, this reinstatement of the…

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