Facebook has become a virtual newsroom of sorts, with a recent study by the Pew Research Center’s Journalism Project finding that three out of 10 U.S. adults get at least some news while on Facebook, and 78 percent of Facebook users see news while navigating the site. Now, the social network is aiming to become an invaluable resource for journalists and media organizations, announcing that it teamed up with social content discovery outfit Storyful to launch FB Newswire.
Facebook topped 1 billion monthly active users in October 2012, and the social network announced another milestone in its first-quarter-2014 earnings release, as it has now surpassed 1 billion mobile MAUs, ending the quarter at 1.008 billion.
On the day that Facebook is holding its first-quarter earnings call, the social network also announced that Chief Financial Officer David Ebersman is leaving the company after nearly five years in the post, and he will be succeeded by current Vice President of Corporate Finance and Business Planning David Wehner, former CFO of game developer Zynga.
Social gifting company Cleverbug and its CleverCards online greeting card service were the subject of the most recent edition of Facebook’s Success Stories, as the social network recognized Cleverbug’s gains in reach and conversions over the past 12 months.
The Federal Trade Commission approved Facebook’s acquisition of immersive virtual reality technology company Oculus VR – maker of the Oculus Rift virtual reality headset — in a deal worth about $2 billion, which was originally announced late last month, Reuters reported.
Customer profile-management provider Janrain offered its take on social login trends for the first quarter of 2014, which differed markedly from the conclusions provided by consumer-management-suite provider Gigya earlier this week on the same topic.
Social marketing platform Pagemodo announced its spring 2014 release, with new features Post Designer and Cover Photo Designer aimed at enabling small businesses to easily create visually appealing Facebook pages and presences on other social networks, including Twitter and LinkedIn.