QR Code Press

Latest Facebook news includes acquisition of Face.com

06/20/201206/20/2012 Julie Campbell

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…

Facebook’s latest feature additions

09/27/201109/27/2011 L. Green

Over the last few weeks, the Facebook social networking platform has made the most aggressive changes in its history. It now offers its users features such as the Ticker, which is a real-time news feed of a user’s “friend” activity. Similarly, the Timeline feature was added last week in order to make it easier for users to access their older posts. There has been a significant amount of misunderstanding about the changes that have been made. Some of the clarifications that may be necessary include the following: • The Ticker…

Northern state in Germany prohibits Facebook pages and website “like” buttons

08/22/201108/22/2011 Jennifer Goula

The Independent Center for Privacy Protection (ULD), located in Schleswig-Holstein, a state in the north of Germany, has demanded that websites take down their Facebook pages, and that they eliminate any Facebook “like” buttons located on their websites. The website owning businesses were given a deadline of September 1, 2011 by which to comply to this demand, or they will be required to pay fines as high as €50,000 (approximately $72,000). Commissioner Thilo Weichert of the ULD in Schleswig-Holstein, stated that a plugin used by the social network, which permits…

Randi Zuckerberg leaves Facebook

08/10/2011 Stephanie Beck

Randi Zuckerberg, the sister of Facebook’s creator, Mark Zuckerberg, has quit her job as marketing director for the social networking platform in order to begin her own social media venture. It has yet to be determined what kind of impact her resignation will have on Facebook now that Google+, a growing competitor for Facebook, has been launched. Randi Zuckerberg’s intentions are to grow her new organization, RtoZ media, which will work alongside other media firms in order to develop programming that will assist in the creation of platforms that will…

Facebook and Google+ faceoff over leadership of ecommerce

07/08/2011 Sam Lambert

In its latest efforts to dominate ecommerce, Google has been making moves that have clearly shown that it considers Facebook to be a threat to its leadership of the online world, and has indicated that it intends to start to move into the social mobile industry with a vengeance. Among the largest moves that it has made has been its recent unveiling of Google+, which is a combination of its existing tools and services that have been brought together to function within a social networking collective that accesses a wide…