Facebook has been in news for quite a good long time, recently for its superhit IPO, valuations, Top Executive quitting, Mark’s marriage etc. Here are some other things that are interesting to look at as well:
Facebook Credits being Phased out:
Bad news here, Facebook is said to be showing an exit button to Facebook Credits, which is a virtual payment method for social (media) networks game players. Don’t worry if you have a Credit balance, its equivalent value will be given towards individual games and apps.
Facebook’s latest buy – Face.com:
At an unconfirmed price, Facebook has bought Face.com an Israeli company specializing in face recognition technology (for web and mobile). This is the next buy from FB after Instagram shows its focus on images and recognitions.Important security precaution as it can be called, by doing this Facebook might have just closed the hole that allowed anyone to hijack KLIK user’s accounts on Facebook and Twitter.
Facebook’s new Like button:
Going the way with Google+ in a different style, Facebok has initiated its Facebook Like button. However this has been rolled out for Third party Mobile apps now.
Is Facebook’s growth stagnant?
Latest numbers from Comscore say- Last month, Facebook attracted 158.01 million unique visitors in the United States, edging lower from 158.69 million in April and 158.93 million in March.
As per experts from social media, user fatigue is the reason.
Yahoo and Facebook settling the Patents war:
It started with Yahoo filing a lawsuit against Facebook in March for alleged infringement of its Intellectual Property (patents) which covered such functions as Internet privacy, advertising and information sharing. Facebook countersued in April, accusing Yahoo of infringing 10 of its patents.