Facebook Head of Global Connectivity Chris Weasler said in an interview with FierceWireless at the 2014 GSMA Mobile World Congress in Barcelona, Spain, last week that the social network has no plans to build or operate a wireless network of its own.
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.
Mark Zuckerberg Spotlights Several Internet.org Initiatives During Keynote At 2014 GSMA Mobile World Congress
Facebook Co-Founder and CEO Mark Zuckerberg discussed several developments from the Internet.org global connectivity initiative at the 2014 GSMA Mobile World Congress in Barcelona, Spain, Monday, including the formation of SocialEDU, a program aimed at bringing “a collaborative online education experience” to students in Rwanda.
Although Facebook remains far and away the top social network in terms of accounts, active users, and frequency of visits, it saw a 3 percent drop in active usage between the second quarter of 2013 and the fourth quarter, according to the latest study from GlobalWebIndex.
Steve Hatch, CEO of WPP Group-owned media agency MEC, joined Facebook as regional director for the U.K. and Ireland, filling a post that had been vacant for more than one year, MarketingWeek reported.
3Q EARNINGS CALL: How Is Facebook Responding To The Mobile Transition From An Advertising Standpoint?
Facebook said in its third-quarter earnings report Wednesday that its total advertising revenue for the period was $1.8 billion, up 66 percent when compared with the year-earlier quarter, and mobile accounted for 49 percent of that revenue. During the company’s earnings call Wednesday, Chief Operating Officer Sheryl Sandberg and Chief Financial Officer David Ebersman offered more specific details.
Happy third birthday to Instagram, which launched Oct. 6, 2010. While the photo-sharing network’s milestones include its September 2012 acquisition by Facebook for $715 million and reaching 150 million monthly active users last month, Instagram shared its 10 favorite moments over the past three years.
Facebook lost another key overseas executive, as EMEA (Europe, Middle East, and Africa) Director Christian Hernandez announced in a post on his Facebook page that he was leaving the social network to join early-stage venture-capital firm White Star Capital as a managing partner.
Facebook social recruiting solution Work4 Labs reached a milestone Friday, topping 6 million jobs posted on the social network by more than 20,000 companies, up more than fivefold compared with last year.