Facebook described its efforts to help improve the San Francisco Bay area and Silicon Valley in response to a question at its annual meeting at the Sofitel San Francisco Bay in Redwood City, Calif.
Facebook’s expansion of its data center in Prineville, Ore., has rendered the third-party data-center space it leases in the Santa Clara and San Jose, Calif., market unnecessary, so the social network is seeking tenants to sublease portions of that space, Data Center Knowledge reported.
Zynga isn’t the only developer trying to be more independent from Facebook. Others are following suit, looking elsewhere to gain popularity. How did Facebook fall out of favor so quickly? Silicon Valley blogger and entrepreneur Andrew Chen examined why developers are souring on Facebook — offering lack of virality, the cost of doing business, and the finite nature of News Feed as reasons.
As investors question whether or not Facebook can make money off the millions who access the social network via mobile devices, the company’s stock has plummeted. At Friday’s TechCrunch Facebook Ecosystem Crunchup at the Fox Theatre in Redwood City, Calif., Facebook executives explained how the site has taken an all-hands-on-deck approach to creating a richer experience on smartphones. They also detailed why a Facebook phone isn’t in the works.
Facebook Co-Founder Dustin Moskovitz founded workplace collaboration company Asana in 2009, but the Silicon Valley startup is in the news again, having received a sizable payment from PayPal and others.
As a group of high school students is currently discovering, it doesn’t suck to work at Facebook. USA Today recently compared the perks of Facebook with those of Zynga and Google, as all three companies make sure offices are posh enough to attract the top talent.
It’s been deemed the Facebook effect: The term is now being used to describe the electrifying jolt to the Silicon Valley real-estate market that the much-anticipated Facebook initial public offering is predicted to cause.
The U.S. State Department is honoring 37 women from the Middle East and North Africa for their participation in TechWomen, a Silicon Valley initiative that includes Facebook.