Facebook Co-Founder and CEO Mark Zuckerberg defended his company’s $19 billion acquisition of cross-platform mobile messaging company WhatsApp during his keynote at the 2014 GSMA Mobile World Congress in Barcelona, Spain, Monday, and he also pretty much ruled out another run by Facebook at photo-messaging service Snapchat.
Facebook’s formation of Facebook Creative Labs, the initiative behind its newly announced Paper iPhone application, also brought with it a quiet, behind-the-scenes policy shift at the social network: Users’ real names will not be required to access the separate mobile apps that are being developed.
The billionaires club welcomed a new member at the close of trading Tuesday, as Facebook Chief Operating Officer Sheryl Sandberg saw her net worth top the $1 billion mark when the social network’s stock closed at $58.51 per share, Bloomberg reported.
Facebook joined mobile carriers association GSMA last November, and Co-Founder and CEO Mark Zuckerberg will team up with technology journalist and writer David Kirkpatrick, author of The Facebook Effect, for a keynote session Monday, Feb. 24, at the 2014 GSMA Mobile World Congress in Barcelona, Spain.
Facebook is the inspiration for With Just One Click…
If there was any question that Google’s dominance was in question, Facebook would be the biggest sore spot to the company. The reason is that all activity that takes place on Facebook remains within their servers. This reality lead me to question whether or not the like had replaced the link as the currency of information on the web. According to David Kirkpatrick, Google Insiders are definitely worried.
Despite the numerous rounds of funding that Facebook has become widely known for over the past couple years, things were not so easy at the beginning. Right from the get go, Mark Zuckerberg and his family had to lend the company over $60,000 in order to cover costs after Eduardo Saverin, one of the company’s initial partners locked up the company’s bank accounts. Even with the company constantly on the edge of going broke, it has managed to stay afloat through numerous rounds of funding.
In his brilliantly reported new book, “The Facebook Effect“, David Kirkpatrick provides a detailed recount of Facebook’s growth since first launching six years ago. One particular story which stood out to us illustrates the Silicon Valley mentality combined with Mark Zuckerberg’s disdain for MySpace.
It’s an inside half-truth that many friends of Mark Zuckerberg have told me over the years: Facebook knows when a relationship is about to end. My response was to always ask more questions as it actually sounded like a legitimate possibility. In David Kirkpatrick’s soon to be released book, “The Facebook Effect“, Kirkpatrick confirms that relationship patterns were something that Mark Zuckerberg often toyed with.