Posts tagged as: facebook

Chief Justice Iftikhar Chaudhry orders blocking of anti-Islam videos

Directing Pakistan Telecommunication Authority (PTA) to block links to all blasphemous videos including a recently uploaded anti-Islam movie on YouTube, Chief Justice Iftikhar Muhammad Chaudhry asked it to take down all the relevant material. Moreover, the chief justice directed the authority to take down all profane material that disrespects Islam or Prophet Muhammad (PBUH) in […]

CEO Mark Zuckerberg sees Facebook’s bright future

Facebook shares went 7.7 percent up late afternoon Wednesday after CEO Mark Zuckerberg gave an interview to online technology media site, TechCrunch. The visionary was optimistic about the future of the company. The shares hit the first biggest increase in the market value of the stock at $20.93, after the initial public offering in May […]

Imran Farooq’s wish to pursue independent politics led to his killing: Police

In quite a shocking revelation, London Metropolitan police have claimed that Imran Farooq wanted to actively participate in politics by pursing his independent career in politics. The London Metropolitan police, also known as Scotland Yard, on the occasion of his second death anniversary disclosed further information about the murder. It claimed that a number of […]

Zuckerberg criticises Facebook’s mobile strategy

The founder of Facebook, Mark Zuckerberg, admits that his company has made many mistakes in its implementation strategy for mobile and ensured that the native Android version will arrive soon. During the TechCrunch Disrupt conference held in San Francisco, Zuckerberg explained that Facebook wants to focus more on mobile devices: "We want to build a system as […]

Facebook ad sales hit by low traffic on video apps like Socialcam

Facebook is getting hit from every side of the park. After seeing its stock plummet gradually to less than 50 percent of the initial public offering price, it has now received bad news on its video application business. One of the major sources of income to the social network is ad sales from video apps. […]

LinkedIn shares rise as Jefferies upgrades its rating on stock

LinkedIn, the professional social media network, was up 6 percent in afternoon trading on Wednesday, chiefly due to the favourable ratings by investment bank Jefferies & Co. The stock traded a fraction above $114 after the investment bank raised its ratings on LNKD stock from hold to buy. The bank says the company is expected […]

Facebook will not sell shares: Zuckerberg

The CEO of Facebook, Mark Zuckerberg, will not sell shares in the company over the next twelve months, an ad that matches the plummeting shares, the company has revealed in a filing with the Securities and Exchange Commission U.S. (SEC). Zuckerberg has "no intention of carrying out any transaction with our shares for at least […]

Facebook stock rise 2 percent as CEO Zuckerberg commits to not selling the stock

Facebook shares rose 2 percent in value in afterhours as CEO Mark Zuckerberg and two directors, and major investors in FB shares, said Tuesday in a statement that they do not intend to sell their stock. In an 8-K filing on Tuesday to the Security and Exchange Commission Facebook said that the CEO and other […]

Facebook shares down 4.3 percent after BMO releases a dissuading report

Facebook stock continues to plummet. Traded as FB, the share hit an all-time low midday Friday at $18.25, 4.3 percent down from the previous day. The initial public offering was $38 in May this year and so far the price has gone down almost half of the face value, 52 percent to be exact. The […]

Facebook growth is slow not halted, say experts

Facebook’s growth has slowed in the rankings of top social networking websites that are mostly US-based. But FB still is the top dog in the rankings with almost 10 percent share of monthly and weekly visits. Smaller social media networks like Pinterest and Instagram showed the most growth in visits. The latter witnessed a 17,319% […]

Facebook launches a new app Facebook 5.0 for iPhone and iPad

Facebook has launched the new version of its app for the iPad and iPhone called Facebook 5.0. The application is available on Apple’s AppStore. The social network claimed that the new version has more features and works faster than the previous iterations. The scrolling down the notifications and feeds has become faster and users can […]

Green light set to buy Facebook Instagram

Green light is on the limelight again by registering firm interest in acquiring the latest services of Instagram. The news came after the Federal Trade Commission of the United States (FTC) has closed the investigation into the proposed acquisition of Facebook. The agency believes that the social network bid to acquire the photo application does not violate U.S. […]

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