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Facebook Buys Speech Recognition Firm Wit.Ai

Facebook has announced the acquisition of the speech recognition start-up Wit.ai. Although future plans have not been unveiled, Facebook commended the company on its ability to “turn speech and text…

Facebook to Launch ‘Dislike’ Button?

Facebook are said to be on the verge of launching a dislike button, with founder Mark Zuckerberg announcing that he is “thinking about” ways to implement such a feature.  Zuckerberg…

‘Facebook at Work’ to Challenge LinkedIn?

Facebook is to take on LinkedIn and Google Drive by allowing professionals to connect with each other and work together online. The new service, called Facebook at Work is to…

Facebook Service Aimed at Professionals to Launch in a Few Months

Facebook professional version of its social network aimed at businesses will launch in the next few months, a person familiar with the matter told Reuters on Monday. The world’s No.1 Internet…

Facebook Says Messenger Service Has Half a Billion Users

Social networking site Facebook Inc said its messaging service is being used by more than half a billion people, few months after it was separated from the main Facebook App.  Facebook said in…

Facebook Launches Ebola Charity Donation Button

Facebook said users would now have option to donate directly to various Ebola relief charities through a button at the top of their News Feeds. Facebook users can donate to three charities…

Facebook Says Government Requests for User Data Rises 24 Percent

Facebook said requests by governments for user information rose by about a quarter in the first half of 2014 over the second half of last year. In the first six months…

Facebook Third-Quarter Revenue Rises 59 Percent, Shares Down Slightly

Facebook mobile ads powered the social network past Wall Street revenue targets in the third quarter, even as the company revealed deep losses in its recently acquired WhatsApp business. Shares…

Facebook Has No Near-Term Plan to Monetize WhatsApp: CEO

Facebook, which closed its acquisition of mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, Chief Executive Mark Zuckerberg said on Thursday. Zuckerberg,…

Facebook’s WhatsApp Acquisition Now Has Price Tag of $22 Billion

Facebook closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of…

EU Antitrust Body OKs Facebook’s $19B WhatsApp Bid

The European Union’s antitrust authority says it has approved Facebook’s proposed $19 billion takeover of the messaging service WhatsApp. The 28-nation bloc’s executive Commission said Friday the deal may go…

Facebook’s Oculus Unveils New Virtual Reality Prototype Device

Facebook Inc’s Oculus VR unit announced an upgraded prototype of its virtual reality headset that has higher resolution and built-in audio, but the company said it is not ready to sell…

EU Regulators’ Decision On Facebook, WhatsApp Deal To Come By Oct. 3

(Reuters) – European Union antitrust regulators will decide by Oct. 3 whether to clear world No. 1 online social network Facebook’s $19 billion offer for mobile messaging startup WhatsApp, the…

Facebook Facing Class Action Law Suit From Austrian Law Student

Austrian law student and privacy advocate Max Schrems filed a class action suit against Facebook for violating European privacy laws by sharing private user data. Schrems alleges that Facebook’s data policy…

Let the Conversation Flow: Reactions to Reactions in Facebook’s Slingshot

Facebook’s Slingshot has been competing with popular ephemeral app Snapchat for almost two months now.  The concept behind the apps is pretty much the same: share a short-lived video or photo with one or…