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.
Many buildings in Manhattan walk the fine line between maintaining their lush histories and upgrading their interiors and amenities to keep up with today’s needs, and Facebook’s new office at 770 Broadway is no exception, as many of the social network’s New York-based employees found out Monday, which was moving day into the Frank Gehry-designed space.
Photo-messaging application Snapchat reportedly turned down Facebook’s acquisition offer of more than $3 billion last November, but that didn’t stop Facebook Co-Founder and CEO Mark Zuckerberg from praising Snapchat during a talk with Stanford University President John Hennessy at the school’s Memorial Auditorium.
At some point in just about every earnings call, company executives are asked about their visions for the future. Facebook Co-Founder and CEO Mark Zuckerberg’s vision for the next five years at the social network is based on “understanding the world,” and it includes advances in Graph Search, mobile applications such as Messenger, and artificial intelligence.
Facebook wants to know even more about its users than it already does, and an eight-employee group referred to within the company as the AI (artificial intelligence) team is quietly working on incorporating deep learning technology, which uses simulated networks of brain cells to process data, MIT Technology Review reported.