Frank Frankovsky, vice president of hardware design and supply chain operations at Facebook and chairman and president of the Open Compute Project, touted the progress made thus far by the Facebook-launched data-storage initiative on the networking-hardware front in a post on the Open Compute Project blog.
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Nasdaq announced that Facebook will not yet be included in its Nasdaq 100 Index, but the news was not all bad for the social network, as it will be added to the Nasdaq Q-50 Index Sept. 24, bringing it one step closer to the Nasdaq 100.