The payment platform behind the Facebook Card, plastic gift cards that hold all electronic gift cards users have received through the social network, introduced in January, received a different type of payment, as Marqeta Thursday announced the closing of $14 million in series-B funding.
Facebook and the Open Compute Project will hold a hardware hackathon at the social network’s headquarters in Menlo Park, Calif., Tuesday, June 18, at noon PT, with the winners receiving up to $10,000 in seed funding and mentoring to groom their idea for pitching to venture capitalists.
With more than 350 million photos per day being added to Facebook, the social network’s huge work load of content moderation will inevitably result in a few mistakes being made, but Bea Arthur’s breasts likely are not high on the list of potential reasons for discipline. Yet that’s exactly what happened to The Daily Beast.
An Illinois woman is leading a class-action suit against Facebook, claiming that she received an unsolicited text message from the social network in February, and her lawyers are actively seeking more plaintiffs who had similar experiences.
Facebook Vice President of Global Marketing Solutions Carolyn Everson is no stranger to the auto industry, having a hand in the social network’s efforts to bring back General Motors as an advertiser. Everson will now turn her attention to the rental side of the industry after being elected to the board of Hertz Global Holdings.
It’s not quite the Facebook video ads that have been the subject of rumors, but social rich media advertising platform Moontoast and user-generated-video platform VideoGenie announced Thursday that they have teamed up to integrate VideoGenie’s capabilities for capturing and managing user-generated video with Moontoast’s ad units.
Recommendations are a huge part of Graph Search. When users seek restaurants or bookstores their friends have liked, Facebook shows the average amount of stars their friends have assigned when rating those places. Previously, star ratings were available only through mobile and through random sidebar polling, but Inside Facebook noticed that Facebook recently added the ability to visit pages from desktop and rate them.
Wondering if your Facebook page is doing OK? Quintly recently released its report on average Facebook page performance in April. The infographic breaks page performance down in terms of size, so page administrators are not comparing pages for mom-and-pop stores with those with 3 million fans.
Facebook-owned photo-sharing network Instagram is under fire from advocates for children’s safety, with more than 4,500 signatures having been collected on a petition on Change.org that calls for Instagram to make the default settings private for users aged 13 through 17, and not geotag- and geolocation-enabled.
While most baseball fans either love or hate the New York Yankees, the team is growing in Facebook popularity. Already the most-liked baseball team on Facebook, the Yankees have added the most likes this past week of any Major League Baseball team, and by a wide margin. The team that has gained the second-most likes this week is the Los Angeles Dodgers, followed by the Boston Red Sox, and the Atlanta Braves.
