(CBS/AP) No, Facebook is not charging a membership fee. The social network is letting app developers charge subscription fees, however, in addition to existing one-time payments, for games and other applications on its site.
Facebook Inc. said on its developer blog that the subscription feature will be available in July. The changes open up a new revenue stream for developers as well as for Facebook, which takes a 30 percent cut from all payments on its site.Continue »
(CBS/AP) Facebook has acquired the facial-recognition technology company Face.com.
The company helps people tag photos on the Internet by figuring out who is in them. The Israeli company announced the acquisition on its blog on Monday.
Face says that by working with Facebook it will have more opportunities to develop technology that people will use.
The social network has begun adding a message at the top of every member's news feed that suggests they "Stay in control of your account by following these simple security tips." The message includes a link to Facebook's security page, where users are tutored on how to identify a scam and choose a unique password, and are asked to provide a cell phone number where replacement passwords can be sent.Continue »
Citing Samsung officials, The Korea Times reported that the company would expand its cloud storage and sharing service, Family Story, into a Facebook-like social network.Continue »
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Zynga's portfolio is largely made up of browser-based games that are played in Facebook. Free games like FarmVille and CityVille earn revenue from in-game purchases.Continue »
Speaking on CNBC's "Squawk on the Street" program Monday, Eric Jackson, founder of Ironfire Capital, said that Facebook will lose its dominance as a social network in less than ten years.
In his forecast, Jackson cited Facebook's inability to crack the mobile market and the stock's 27 percent nosedive since the company's IPO.Continue »
(CBS News) Facebook users may have seen a status update masquerading as a legally-binding privacy notice in their news feeds in the last month.
Those hoping for a little bit of protection for their photos, videos and status updates may be disappointed. There are several versions of the notice - all of them suggesting that by making a declaration, somehow their content is protected. That is simply not true.
The myth-busting site Snopes.com debunked the viral status update on Monday, saying that the disclaimer will not provide privacy protection on Facebook.Continue »
(CBS) - Social networking giant Facebook experienced sporadic outages Thursday evening causing users to take to Twitter to voice their displeasure (instead of just going outside).
Reuters reports that user suffered anywhere between a half an hour to two hours of down time. The outage appeared to have begun around 4:26 p.m., according to users complaining on Twitter.Continue »
Facebook was down for brief time this evening, and some users are still complaining of sluggishness on the site.The outage appears to have begun around 4:26 p.m., according to flood of tweets by Facebook users complaining that they were unable to access the site. Continue »
Tech blog Pocket-lint says one of its "trusted sources" revealed that Facebook is trying to buy Opera Software, the company behind the Opera Web browser, a sign that the social-networking company might be looking to launch its own browser.Continue »