Facebook’s acquisition of immersive virtual reality technology company Oculus VR officially closed earlier this week, and Co-Founder and CEO Mark Zuckerberg took some time during the social network’s second-quarter earnings call Wednesday to discuss how the combination of the two companies could impact the future of computing.
A common perception of Facebook’s efforts on the search front is that they have stalled since its introduction of Graph Search at the beginning of last year, but this is not so, Co-Founder and CEO Mark Zuckerberg said Wednesday during the company’s second-quarter earnings call.
Facebook Co-Founder and CEO Mark Zuckerberg said during the company’s second-quarter earnings call Wednesday that users of the social network in the U.S. average 40 minutes daily, with some 20 percent of that usage time on mobile.
Facebook reported 1.32 billion monthly active users as of June 30 as part of its second-quarter financial results, up from 1.276 billion at the end of the first quarter of this year, and from 1.115 billion at the end of the year-ago period. Mobile MAUs were 1.07 billion, up slightly from 1.008 billion in the previous quarter, and up dramatically from 819 million in the second quarter of 2013. And the social network’s total of mobile-only MAUs continued to grow rapidly, reaching 399 million as of June 30 after wrapping the first quarter of 2014 at 341 million and the previous-year period at 219 million.
Facebook Co-Founder and CEO Mark Zuckerberg may soon come face to face with the man who claimed to be the co-owner of the social network, as Reuters reported that Zuckerberg will be called by the government to testify in its case against Paul Ceglia.
Facebook responded to yet another controversy over photos that were removed from the social network, this time in the case of Kendall Jones, a 19-year-old cheerleader from Texas Tech University, who posted several photos of animals she had shot and killed while on a safari in Zimbabwe earlier this month.
Same hoax, different date: Facebook is not overpopulated, and the accounts of inactive Facebook users will not be shut down Nov. 15. Hoax-Slayer reported that Facebook is already in the process of deleting hoax posts that suggest otherwise.
Facebook Product Design Director Julie Zhou advocated the death of “users” — the term, not the actual people on the social network — in favor of “people,” as well as the demise of the term “product design,” in a post on her blog.