Facebook News

Chipotle to Take Orders on Facebook

NEWPORT BEACH, CA — Chipotle, which offers fast-casual Mexican food at over 2,600 locations, is introducing a series of enhancements to its mobile ordering capabilities including Pepper, its Concierge Bot on Facebook Messenger. Beginning June 22, customers can order food from Chipotle on Messenger by visiting FACEBOOK.COM/CHIPOTLE or the Chipotle page on the Facebook app and […]

Facebook News

Facebook Adds Two Female Directors

Facebook has appointed Nancy Killefer and Tracey T. Travis to the company’s board of directors, effective immediately. Mark Zuckerberg, founder and CEO of Facebook, said, “Nancy brings a great deal of private and public sector experience to this position. She’s held a number of senior roles in the US government and was a leader at […]

Facebook News

Facebook to Pay $5 Billion FTC Fine

The Federal Trade Commission has hit Facebook, Inc. with a record-breaking $5 billion penalty, and will require the social network to submit to new restrictions and a modified corporate structure that will hold the company accountable for the decisions it makes about its users’ privacy. The massive fine will settle Federal Trade Commission charges that […]

Facebook News

Facebook to Launch New Currency in 2020

Facebook said it plans to launch its own currency in 2020. Calibra is a newly formed Facebook subsidiary that will let people access and participate in the Libra network — a nonprofit organization that was founded by Facebook. The first product Calibra will introduce is a digital wallet for Libra, a new global currency powered […]

Facebook

Facebook, Instagram Banning White Nationalism

Facebook announced it will start banning praise, support and representation of white nationalism and separatism on both Facebook and Instagram beginning next week. The company said in a statement that it’s clear these concepts are deeply linked to organized hate groups and have no place on its services. Facebook says its policies have long prohibited hateful […]

Facebook News

Facebook Introduces Oculus Rift S

At the Game Developers Conference in San Francisco, Facebook unveiled Oculus Rift S — a new Virtual Reality headset that combines the convenience of built-in Oculus Insight tracking technology with the full power of your PC. Built on the Rift Platform, Rift S gives gamers and tech enthusiasts access to the most immersive content that VR […]

Facebook News

Two Facebook Execs Leave Company

Two top Facebook executives have left the company. Founder and CEO Mark Zuckerberg shared the following post with employees: Hey everyone — I want to share some important updates as we organize our company to build out the privacy-focused social platform I discussed in my note last week. Embarking on this new vision represents the […]

Facebook

Facebook Takes Down Fake Pages in Indonesia and Iran

Facebook continues to battle fake accounts linked to groups trying to influence elections and policy worldwide. This time, pages in Indonesia and Iran were removed. In Indonesia, the company removed 207 Facebook Pages, 800 Facebook accounts, 546 Facebook Groups, and 208 Instagram accounts, for engaging in coordinated inauthentic behavior on Facebook in Indonesia, misleading others about who they […]

Facebook

Facebook to Sell Portal Video Devices

Facebook has unveiled Portal and Portal+, two new video communication devices for the home that help users keep in touch with friends and family via video. Thanks to AI technology, Facebook says Portal makes video calling easier and more like hanging out, while a widescreen display lets you enjoy every moment together. With a 10-inch […]

Facebook

Instagram Names New Leader

Adam Mosseri, Instagram’s current Vice President of Product, has been named the new Head of Instagram starting today in a blog post by founders Kevin Systrom and Mike Krieger. The pair announced their resignation from Instagram last week. Mosseri began his career as a designer, managed his own design consultancy, and then joined the Facebook […]

Facebook News

Lucasfilm Launching Darth Vader VR Series

ILMxLAB, Lucasfilm’s immersive entertainment division, has unveiled the title of their highly anticipated virtual reality project,Vader Immortal: A Star Wars VR Series, at Oculus Connect 5 in San Jose. The first episode of the three-part series is set to launch in 2019 on the newly announced Oculus Quest from Facebook. Vicki Dobbs Beck, ILMxLAB Executive […]

Facebook News

Zuckerberg Biohub Awards $13.7 Million to Research Programs

SAN FRANCISCO — The Chan Zuckerberg Biohub (CZ Biohub), a nonprofit medical research organization founded by Facebook CEO Mark Zuckerberg and wife Priscilla Chan, is awarding $13.7 million over three years to support cutting-edge biomedical research in the Bay Area. The research includes seven teams of scientists, physicians, and engineers, with each team including faculty […]

Facebook

Facebook Reports $10.3 Billion in Revenues

  MENLO PARK — Facebook reported revenues of $10.3 billion for the quarter ended September 30, 2017. Revenues were up 47% from a year ago. Net income was $4.7 billion. The company said mobile ad revenue was 88% of all advertising revenue, up from 84% last year. “Our community continues to grow and our business is doing […]

Facebook

Facebook Adds Halloween Features

  MENLO PARK – Facebook and Messenger are celebrating Halloween by rolling out dozens of new and hair-raising features that will take your Halloween to the next level. Each year, Halloween is a top holiday that brings people together on Facebook and Messenger. In fact, last year, it was one of the most popular days […]