Facebook Is Down On Web And Mobile [Update: It’s Coming Back After 20 Minutes]

Is Facebook Down? Why yes it is. [Update: Err, was. As of 1pm PST, service has returned to the US, Germany, and other places after a roughly 20 outage, though some users are still having trouble accessing the service.] Users reported the social network went down on web and mobile in the US as well as the UK, Germany, Thailand, Portugal, and other parts of the world at around 12:40pm PST. With earnings of $2.91 billion in Q2 2014, Facebook theoretically loses about $22,453 for every minute it’s down around the globe. However, since this was pretty prime browsing time for … Continue reading Facebook Is Down On Web And Mobile [Update: It’s Coming Back After 20 Minutes]

Is Snapchat really worth $10 billion?

While competitors are busy cloning Snapchat in an attempt to replicate its success, Evan Spiegel and co. have continued to forge their own path. The company is already experimenting with new features in an attempt to generate revenue, but it’s also apparently talking to some big hitters to ensure it can keep growing until those profits come. According to Bloomberg, Snapchat is currently in talks over a new round of funding with investors, which include Yahoo-backed Alibaba, that if confirmed could value the company at an incredible $10 billion. It’s a significant figure, not only because it puts it on … Continue reading Is Snapchat really worth $10 billion?

Facebook’s Mark Zuckerberg calls Obama to protest NSA spy programs

Facebook’s 29-year-old billionaire creator Mark Zuckerberg speaks on the opening day of the Mobile World Congress in Barcelona, on February 24, 2014. (LLUIS GENE/AFP/Getty Images) Outraged by new revelations about the government’s Internet surveillance programs, Facebook CEO Mark Zuckerberg said Thursday that he telephoned President Barack Obama personally to complain about “the damage the government is creating for all of our future.” Zuckerberg’s Wednesday night phone call — the latest sign of the tech industry’s growing alarm over government spy efforts — came on the heels of a news report that said the National Security Agency has developed a computer … Continue reading Facebook’s Mark Zuckerberg calls Obama to protest NSA spy programs

WhatsApp For Android Update Lets Users Pay For Their Friends’ Subscriptions

Today WhatsApp, Facebook’s new $19 billion messaging darling, has released an update to the Android version of the app. Among a few new privacy-related features, the update also brings with it an interesting new feature that lets users pay for their friends’/families’ subscriptions, regardless of the platform. As it stands now, WhatsApp is free for the first year of use, and then requires a $.99 yearly subscription. By letting users pay for their friends’ subscriptions, Facebook and WhatsApp may be promoting the invitation of new users onto the platform. In terms of WhatsApp monetization, Zuck has been perfectly clear. Right … Continue reading WhatsApp For Android Update Lets Users Pay For Their Friends’ Subscriptions

‘NSA posed as Facebook for surveillance’

SAN FRANCISCO: While US law enforcement agencies have long tried to stamp out networks of compromised computers used by cybercriminals, the National Security Agency has been hijacking the so-called botnets as a resource for spying. The NSA has “co-opted” more than 140,000 computers since August 2007 for the purpose of injecting them with spying software, according to a slide leaked by former NSA contractor Edward Snowden and published by The Intercept news website. Botnets are typically used by criminals to steal financial information from infected machines, to relay spam messages, and to conduct “denial-of-service” attacks against websites by having all … Continue reading ‘NSA posed as Facebook for surveillance’

Police sound all-clear after Facebook evacuation Tuesday night

MENLO PARK — The headquarters of social media giant Facebook was temporarily flooded with officers and cordoned off Tuesday evening after a threat against the company was called in to authorities, Menlo Park police said, but the threat was quickly cleared. The threat was originally called into the San Francisco Police Department around 7 p.m., said Menlo Park police Cmdr. Dave Bertini. The department transferred the call to Menlo Park officers, who went to the campus and closed off the entrance with tape. Officers searched the campus, while the company asked its employees to stay put before police could prove … Continue reading Police sound all-clear after Facebook evacuation Tuesday night

Facebook Makes $54 Trillion Bid For The Internet

IN A bold move for online domination, social networking site Facebook told the world today it will bid $54 trillion for the world wide web, making it their biggest purchase to date. The proposed deal sent shares in Mark Zucherber’gs company up as much as 76% per cent in trading after the closing bell of the New York Stock Exchange. The Internet, which is currently owned by a hand full of global investors, is expected to accept the offer next week. “We have had our eye on the Internet for quite some time,” Mr. Zucherberg told WWN today. “This will … Continue reading Facebook Makes $54 Trillion Bid For The Internet

Facebook Announces Paper, A Curated Visual News Reader Launching Feb 3rd On iOS

You miss great content because you aren’t subscribed to the right sources. So Facebook wants to bring you content serendipity with Paper, a standalone iOS news reader app it revealed today that delivers human and algorithm-curated full-screen articles and photos in categories you select like Tech, LOL, and Pop Culture. Paper launches to everyone in the US on February 3rd, the day before Facebook’s 10th birthday. Paper is the first app out of Facebook Creative Labs, an initiative to let small teams within Facebook build standalone mobile experiences as if they were nimble startups. Facebook Creative Labs will carry out the strategy Mark … Continue reading Facebook Announces Paper, A Curated Visual News Reader Launching Feb 3rd On iOS