Facebook took a giant step forward in its efforts to further align itself with the television, publishing, and event venue industries with Friday’s launch of its Public Content Solutions program, which is aimed at providing its partners with dedicated technical and business resources to build out media solutions on the social network and its Instagram photo- and video-sharing network.
Vivek Wadhwa, a research professor at Stanford University, published a diatribe on LinkedIn a few months ago titled, “Facebook Is Doomed.” Contributing to the debate on the medium- and long-term sustainability of one of the biggest social networks is undoubtedly a healthy endeavor. However, this excessive public statement distinguishes itself with rather frivolous arguments on Wadhwa’s part.
No, Facebook drones will not be swooping down from the sky to deliver up-close-and-personal pokes, but according to a report by TechCrunch, the social network is in talks to acquire near-orbital, solar-powered drone manufacturer Titan Aerospace for $60 million, with the aim of using the drones to help bring Internet access to parts of the world currently lacking, starting with Africa, as part of its Internet.org initiative.
Facebook Co-Founder and CEO Mark Zuckerberg and WhatsApp Co-Founder and CEO Jan Koum both tried to quell concerns about the cross-platform mobile messaging application being overrun by ads following its acquisition by the social network Wednesday, during a conference call following the announcement of the deal.
After its unsuccessful bid for photo-messaging application Snapchat last November, reportedly valued at more than $3 billion, Facebook opened up the vaults and announced its acquisition of cross-platform mobile messaging company WhatsApp for $4 billion in cash and some $12 billion in Facebook shares, also announcing that WhatsApp Co-Founder and CEO Jan Koum will join Facebook’s board of directors.
Facebook’s acquisition roll returned stateside, as Josh Miller, CEO of link-sharing service Branch, announced in a Facebook post Monday morning that Facebook acquired Branch and its sister service, Potluck.
Last month, SportStream CEO Bob Morgan spoke with AllFacebook about how the provider of real-time sports data planned to use the public feed application-programming interface and keyword insights API introduced by Facebook in September to incorporate its data into live broadcasts of sporting events. The two APIs are no longer the only Facebook resources available to SportStream, as the social network announced its acquisition of the company late Tuesday.
Facebook’s next acquisition may be its first one in India, as Business Standard reported that the social network is in talks to acquire Bangalore-based startup Little Eye Labs, which creates performance-analysis tools for Android developers.
Social Gaming Network’s Acquisition Of Mob Science Continues Trend Away From Facebook-Only Social Games
Take a close look at Social Gaming Network’s story, and you will see how social games are evolving away from a focus on Facebook-only games. SGN is rising as a multiplatform social game developer, while Facebook-focused Zynga has been declining rapidly. SGN is even hiring the talent that was laid off by Zynga.