Facebook topped 1 billion monthly active users in October 2012, and the social network announced another milestone in its first-quarter-2014 earnings release, as it has now surpassed 1 billion mobile MAUs, ending the quarter at 1.008 billion.
On the day that Facebook is holding its first-quarter earnings call, the social network also announced that Chief Financial Officer David Ebersman is leaving the company after nearly five years in the post, and he will be succeeded by current Vice President of Corporate Finance and Business Planning David Wehner, former CFO of game developer Zynga.
The Internet is the ideal channel through which to publish and circulate photos and videos of atrocities, and it is a place where citizens can organize to better resist and overthrow their oppressors — that is, provided they can gain access to the Internet. Enter Facebook and Google, which are working independently on two similar projects to enable free, uncensored Internet access from the sky.
Facebook Co-Founder and CEO Mark Zuckerberg spoke with Farhad Manjoo of The New York Times’ Bits blog about the Facebook Creative Labs initiative to create new mobile applications, the differences between Facebook Messenger and WhatsApp, and turning 30, among other things.
Last December, Facebook began prompting users of its flagship iOS application to download its Facebook Messenger app, and the social network also began prompting mobile users to encourage their friends who had not yet downloaded Messenger to do so. Soon, according to reports by TechCrunch and The Verge, Facebook mobile users who wish to chat will not have a choice, as messages will no longer be available in its iOS and Android flagship apps.
NorthStar Asset Management issued a rebuttal to Facebook’s guidance in its Schedule 14A filing with the Securities and Exchange Commission detailing measures up for vote at its annual meeting, saying in a Form Px14a6g filing with the SEC that shareholders should vote for the resolution involving political contributions, and not against it, as the company advised.
Anonymity is becoming more accepted at Facebook. The social network has defended its policy of requiring users to use their real names over the years, but Co-Founder and CEO Mark Zuckerberg said in a January interview with Bloomberg Businessweek that real names will not be required to access the separate mobile applications the company plans to roll out. And now Re/code reports that the social network is in talks with social app Secret.
Facebook’s 2014 annual meeting will be held Thursday, May 22, at 11 a.m. PT, at the Sofitel San Francisco Bay in Redwood City, Calif., and shareholders will vote on the company’s board of directors, as well as on ratifying the appointment of Ernst & Young as Facebook’s independent registered public accounting firm for the fiscal year ending Dec. 31, and on five other stockholder proposals, the social network revealed in a Schedule 14A filing with the Securities and Exchange Commission.
Perhaps Facebook Co-Founder and CEO Mark Zuckerberg is just a wee bit excited about the Connectivity Lab, the initiative aimed at using high-altitude long-endurance planes, satellites, and lasers to help connect the rest of the world to the Internet. Zuckerberg followed up Thursday’s announcement on the Internet.org site, as well as his own post on Facebook, with a lengthy post (embedded below) offering a more detailed look at Connectivity Lab.