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Tag Archives: Mark Zuckerberg

Facebook to charge $2.99 monthly fee starting November

A view of Facebook's logo May 10, 2012 i

Nobody expected such a news story this week, but it seems that Facebook will no longer be a free service. Facebook CEO Mark Zuckerberg has announced at a press conference in Menlo Park, California that the company is unable to keep up with the costs of Facebook and a monthly fee for users is inevitable. Zuckerberg has explained that Facebook ...

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Facebook scanned your private messages, now faces lawsuit

Facebook actually scanned private messages to target advertisements

Facebook is now facing a class action lawsuit in the U.S. for allegedly scanning users’ private messages without having their consent. Consequently, Facebook violated user privacy and judges presiding over the case said that the scanning had the purpose of gathering data for advertisement targeting. Since Facebook is all about ads and it’s free because of them, Zuckerberg and co. ...

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Facebook CEO discusses the possibility of a dislike button


Facebook already features the notorious ‘Like’ button, but what about a ‘Dislike’ option? I’m sure everybody felt the need to show what they really think about someone’s bad posts at least one time in their lives, I know I certainly did. Although the option has been demanded by users for the longest time it seems like the folks running Facebook are ...

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Facebook at Work to become the new LinkedIN

Facebook at Work to become the new LinkedIN

Facebook is the largest and most popular social media site in the world, but it seems Mark Zuckerberg and co. are not satisfied. Facebook is supposedly working on a different version of the social media platform that would cater to workplace environments. While LinkedIN connects enterprises, businessmen, entrepreneurs and companies, Facebook wants to become the platform of a workplace which ...

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Facebook CEO Mark Zuckerberg admits that Oculus Rift must sell lots of units to achieve market impact


Facebook recently had its third quarter earnings call with investors in which CEO Mark Zuckerberg and co. talked about the company and its progress. During the call, the Oculus Rift was discussed, with Zuckerberg reiterating that this is a long-term project that shouldn’t be expected to become very successful just yet. The CEO revealed that 100.000 developer kits for the ...

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Facebook is asking the DEA to stop creating fake accounts

Facebook asks the DEA to stop using fake accounts.

Facebook representatives sent an open letter to the administration of the Drug Enforcement Administration (DEA, in short), asking the agency to stop using fake accounts in order to get in contact with drug rings. The story begins in 2010, when a woman named Sondra Arquiett was arrested on drug charges, and, among other belongings, her cell phone was seized. A ...

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Facebook will not get any money out of WhatsApp any time soon


Just a few days ago Facebook finalized the acquisition of WhatsApp, one of the most popular messaging services around. The deal was originally meant to go down for $19 billion but the sum was later raised to a jaw-dropping $21.8 billion due to the increasing price of Facebook’s stock. This is indeed a colossal investment and one can only imagine that ...

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Bill Gates is now the richest American for 21 consecutive years


Earlier today, Forbes revealed its annual top 400 wealthiest Americans list. Microsoft co-founder and former CEO Bill Gates is still the richest man in America for the 21st consecutive year, with a fortune amounting a grand total of $81.2 billion. Coming in closely behind him at number two with of 67$ is Warren Buffett, another long-time billionaire that has been sitting at number ...

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Facebook bold move to buy Oculus VR


Facebook made an incredible purchase three days ago, a move that attracted both positive and negative attention towards it, buying Oculus VR, the company that makes Oculus Rift virtual reality goggles. The project begun less than 2 years ago as a Kickstarter project. It was now bought by Facebook for 2 billion $. No one seems to understand why Facebook ...

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