Facebook co-founder and CEO Mark Zuckerberg said during the company’s third-quarter earnings call Tuesday that he does not see virtual-reality offerings from recent acquisition Oculus VR reaching sales of 50 million to 100 million units and becoming a meaningful computing platform for several years, although he added that he was pleased with its progress.
After India and Indonesia, the next stop for Facebook co-founder and CEO Mark Zuckerberg was South Korea, where a meeting at Samsung Electronics’ headquarters in Seoul spurred speculation that the two companies are collaborating on — you guessed it — a Facebook phone.
The first-ever Internet.org Summit kicked off in New Delhi, India, Thursday, and highlights included a talk by Facebook co-founder and CEO Mark Zuckerberg, as well as the introduction of the Internet.org Innovation Challenge, which is aimed at recognizing efforts toward connecting people in India who currently lack Internet access.
The goal of Internet.org – the initiative launched in August 2013 by Facebook, Ericsson, MediaTek, Nokia, Opera, Qualcomm and Samsung — is to connect the 4.4 billion people who currently lack access to the Internet, but a mission on such a large scale is not without barriers, and a study released Wednesday by McKinsey & Co., “Offline and Falling Behind: Barriers to Internet Adoption” (embedded below), examines those barriers.
Facebook announced the formation of its EMEA Client Council in a post in Spanish on the Facebook for Business page by vice president for Europe, the Middle East and Africa Nicola Mendelsohn, saying that the group is made up of representatives from brands and agencies throughout the region.
Zambia may seem like an odd choice for the site of an application’s launch, but it makes perfect sense when the developer of that app has a mission statement of connecting the rest of the world. Internet.org – the global partnership formed last August by Facebook, Ericsson, MediaTek, Nokia, Opera, Qualcomm and Samsung to “connect the next 5 billion people” — announced the launch of its app, starting with Airtel subscribers in Zambia.
Social media management system Sprinklr announced the closing of a $40 million series-D investment round from Iconiq Capital, Intel Capital, and Battery Ventures, adding that the new funds will help speed its entry into the paid social market.
Facebook announced the winners of its 2014 Facebook Studio Awards Tuesday, with top honors, the Blue Award, going to “If We Made It,” a campaign by Droga5 and Heineken USA in support of Newcastle Brown Ale.