Photo-messaging application Snapchat turned down a $3 billion-plus acquisition offer from Facebook last month, and now the company poached Instagram Director of Business Operations Emily White, who was named its new chief operating officer, AllThingsD reported.
When Facebook Chief Financial Officer David Ebersman admitted during the company’s third-quarter earnings call that the social network saw some slippage in daily usage by teens, the doomsday predictions began. Chief Operating Officer Sheryl Sandberg sought to squash those predictions in an interview with Mike Isaac of AllThingsD.
Facebook will host the Out for Undergrad Technology Conference at its campus in Menlo Park, Calif., this weekend (Oct. 19 and 20). The event is aimed at LGBT (lesbian, gay, bisexual, and transgender) undergraduate students interested in pursuing careers in technology.
The Department of Justice rejected motions made by Facebook and other tech companies that would allow them to share more details with users on the frequency and types of requests the government makes under its surveillance programs, according to AllThingsD. The DOJ petition was filed with the Foreign Intelligence Surveillance Act Court earlier this week.
Facebook Vice President of Engineering and Products Greg Badros will become the next high-level employee to leave the social network, as both Badros and Facebook confirmed a report in AllThingsD that he will leave the company in a few weeks.
Frank Frankovsky, vice president of hardware design and supply chain operations at Facebook and chairman and president of the Open Compute Project, spoke with Arik Hesseldahl and Mike Isaac of AllThingsD about how the social network configures its hardware to deal with the massive amounts of data it handles.
One of the main reasons behind the explosion of the gift-card industry is how easy it makes the process from both ends: The gift giver avoids the process of traveling to stores, choosing gifts, transporting them, wrapping them, and making sure they get to recipients; recipients, in turn, can choose exactly what they want to spend the amount of the card on, and they are spared the hassle of returning unwanted gifts. Logistical reasons also fueled Facebook’s decision to scrap physical gifts from its Gifts offering and shift its focus to its own gift card, the Facebook Card.
Move over, PayPal: Facebook confirmed a report by AllThingsD that it will test a new payments product that will allow Facebook credentials to be used by users completing transactions on mobile applications.
Facebook is testing a new application, but unless you’re a celebrity or you manage social media for one, you won’t be included in the social network’s test pool.