The Updated Facebook App: So Much Easier to Stay Connected on the Move!

Facebook for iOS

Yes, we’ve all been there, and done that – Facebook on our smartphones isn’t something new, some might say. And to be honest, I was with each of you skeptical folks on this one. As much as I love my smartphone and how easy it makes browsing and e-mailing on the move, I wasn’t quite satisfied with its Facebook app and used to prefer checking Facebook only when I was online through a PC. But I recently got a chance to check out the new and improved Facebook app for the iOS, and let me tell you, I was certainly not disappointed. The updated Facebook app for iPhones is specifically optimized to work on Apple’s devices and is far more responsive and works almost twice as fast as the older versions. At first look though, you may not be able to see much of the change, as the UI remains [+more]

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Facebook Speeds Up App for iPhone and iPad

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Facebook recently heard the pleas of iPad and iPhone users and launched an upgrade of the version of its Facebook App for iOS. Those who suffered due to the slowness and sluggishness of Facebook apps can now breathe a sigh of relief as the new app offers quick, easy, and fast browsing. Marked Facebook 5.0 for iOS, the app hit the Apple App Store Friday and comes with the most updated change ever. Mark Zuckerberg, Co-Founder and CEO, Facebook seemed happy with the new app and posted on his page, “We just released a new Facebook app for iPhone and iPad, and it’s a lot faster. Our team completely rewrote it from the ground up to focus on speed. It’s a big step forward.” The upgraded app is made to offer twice as fast services in three areas such as launching the app, scrolling through the News Feed, and opening [+more]

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Walmart Just Slashed $40 Off iPhone 4S in Anticipation Of iPhone 5!

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Don’t we just love Apple for slashing down the prices of its already-launched iPhones and iPads ahead the launch of its latest versions! For those of us looking to join the league of proud owners of Apple devices, Walmart has some good news to offer. The popular retain chain has just announced on its Facebook page a significant drop of $40 on the stock of Apple iPhone 4S. Isn’t that great news, considering only those of us who don’t really mind even if our new Apple phone is 4S and not the much anticipated iPhone 5? This strategy of Apple to lower down the prices of its old models seems to have worked for majority of us, who are hoping to get a chance to line up outside Walmart to grab it in the first go. The offer is currently on all stocks of iPhone 4S, the 16GB model. Here [+more]

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Facebook-Instagram Deal Cleared by FTC

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The US Federal Trade Commission has given a go ahead to Facebook’s acquisition of Instagram, saying that it has no antitrust issues with the deal and will let it advance further. Getting Facebook a step ahead in the deal, FTC said its commission held a unanimous voting of 5-0 to close the investigation and let the deal move on. The news was brought forward in a press release by the commission. Facebook seemed to be pleased by the FTC decision. The social networking site had bought Instagram for $1 billion in cash and company shares in April, a month before going public. However, Facebook’s shares fell, which put the final deal today at $747 million. Since photos are a key part of Facebook’s social network, it is believed that technology of Instagram would help the latter improve users’ mobile experience. Following the announcement of acquisition, Facebook even released “Facebook Camera”, [+more]

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Facebook: Director Peter Thiel Cashes in over $1B Shares

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Peter Thiel, Director, Facebook Inc. hit the news as he sold majority of his shares in the world’s largest social-networking website. Thiel made earnings of more than $1 billion last week after the lock-up on Facebook’s shares expired. An insider selling shares is never good news for any organization. Thiel, a co-founder of PayPal and a member of the PayPal Mafia, was one of the earliest investors of the social networking site, Facebook. Just after the lock-up on shares of the social networking site ended, Thiel, like some other insiders, sold around 16.8 million shares at the price of $38 a share, which generated him a great amount of $640.1 million. On Aug. 16 and Aug. 17, Thiel however, sold another 20.1 million shares in the company, which got him $395.8 million, as per reported in a filing yesterday with the U.S. Securities and Exchange Commission. A venture capitalist and [+more]

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Zuckerberg: Painful to Watch Stocks Tumble

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Facebook co-founder, Mark Zuckerberg reportedly admitted that watching the firm’s stock tumble on Thursday was painful to watch, as he gathered the staff to discuss the situation. Facebook’s shares hit a new all-time low Thursday; the day early investors got a chance to sell their shares. The firm’s stocks dropped below the $20 mark, which was 50 percent low as compared to the company’s IPO of $38. This drop has made the social network the second-worst post-lockup performer among companies that went public since January 2011. Thursday’s new low meant that the company won’t be able to mon­etize the habits and information of its over users, which exceeds 900 million. So far, the social network has been quiet about its stock performance in public statements. However, as reported by The Wall Street Journal, Zuckerberg gathered its entire staff to discuss the anxiety over the stock’s performance. In a meeting earlier [+more]

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Facebook Stocks Plunge to a New Low as IPO Lock-up Ends

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Shares of the social networking site, Facebook saw a drop of nearly six percent from the day’s opening Thursday as the firm unlocked 271 million shares for trading. The stocks plunged to a new low and dipped below the $20 mark for the first time- nearly 50 percent of its Initial Price Offering (IPO) of $38. Some analysts believe this trading to be a sign that investors and company’s insiders wanted to get rid of their investments on Facebook. The company seems to have lost its shine and has had a rough time since going public. The social networking site has left many investors anxious about whether the company would be a passing fancy or will recover as it earns revenue from advertising via mobile networks. However, the firm did meet expectations in its first public earnings report. Facebook is reported to go down on 36 trading days, up on [+more]

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Facebook Stock Expected to See Shift Thursday, Will Investors Sell Shares?

Facebook-IPO

Stumbled due to the slow growth of revenue, the plunge of Facebook stocks was not what many investors expected when the social network went public in May. However, there has been some speculation on the Wall Street that the Facebook stock could take a big hit this Thursday, which marks the first day that will let all investors and its directors sell their stocks to public. Facebook saw a rocky initial opening, when the network took out its first opening report since going public in May. The social network saw a loss of $743 million, which also slashed down its share prices. The social network went public with 421 million shares as part of its original offering. Out of that number, around 271 million shares are expected to be unlocked Thursday. It is reported that Facebook’s less-than-perfect market performance may in fact help the firm with this problem. Investors who [+more]

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Facebook Adds a New Status: ‘Expecting a Baby’

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Facebook recently announced the addition of a new feature to its site, where it will allow couples to tell the world that they are expecting a baby. The new and exciting feature is called “expecting a baby”. Facebook says that with this feature, it will allow users to share the most significant time of their life with friends and family on their timeline. You can add this status on your timeline by going to life event section and choose the option. Here you will also be given options where you can reveal information such as with whom you are having a baby, location and even add a story related to it. However, those who don’t want to reveal this information can relax as this part is optional. This option is going to be really exciting for parents and grandparents as they will be really happy to get the news on [+more]

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New Social Utility App… App.net Now Live… Should Facebook Be Worried?

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Dalton Caldwell has done it. His social networking website App.net in response to his words, screwed by Facebook is now live. It is being touted that the App.net is going to be a major threat to Facebook, which is already facing a wrath of the investors due to the sudden downfall in shares. As per the figures quoted by The Venture beat, Caldweel  kick started the campaign to  with $500,000 goal and is currently sitting at $595,150. And counting, with 31 hours left. The growing interest of the investors in this new venture has left Mark Zuckeberg worrying as Facebook, which was once the winning horse in the social networking world, has its market value equivalent to Yahoo!. Caldwell announced the launch of his website on his own website. If you will visit App.net’s home page, you will see the new venture has 8,894 backers who contributed the almost $600,000, including [+more]

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