nearby_friends

Facebook’s new ‘Nearby Friends’ feature aims to help users connect in real life

Facebook is rolling out a “Nearby Friends” feature to its mobile app, aiming to help users get together with people they know. When two friends who both have the feature enabled come into range with one another, they’ll get a push notification that says they’re in the area. Don’t worry, it’s optional, and opt-in. The feature… Read More

heartbleed

Amazon, Facebook, Google and other tech companies deploy fixes for ‘Heartbleed’ bug

Amazon Web Services has rolled out fixes for several of its online services to address the “Heartbleed” vulnerability that has roiled the Internet this week with reports that hackers can use the flaw to access account information and passwords. It’s one of many technology companies that have been scrambling to roll out updates to fix the… Read More

greenpeacereport

A dirty cloud? Amazon and Twitter receive failing grades in ‘green Internet’ report

Facebook, Google and Apple are considered leading innovators when it comes to deploying renewable energy to power its data centers and cloud-based technologies, while Amazon and Twitter are “stuck in a dirty energy past.” That’s the latest finding from Greenpeace’s report: Clicking Clean: How Companies are Building the Green Internet. The report, released today, details how… Read More

michaelabrash

Oculus poaches another Valve employee, hires Michael Abrash as chief scientist

Oculus VR, the virtual reality headset technology company that was just acquired by Facebook for $2 billion, has hired another Valve employee — this time, it’s developer Michael Abrash. Less than a month after recruiting former Valve engineer Atman Binstock, Oculus announced today that it is bringing on Abrash as its new chief scientist. Abrash previously… Read More

zuckerbergs

Zuckerberg details plans to use drones to blanket Earth with high-speed Internet

Mark Zuckerberg took to his personal Facebook page to detail plans to utilize drones, satellites and lasers to “deliver Internet to everyone.” “Our team has many of the world’s leading experts in aerospace and communications technology, including from NASA’s Jet Propulsion Lab and Ames Research Center,” Zuckerberg wrote. “Today we are also bringing on key members of… Read More

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Pew study: Half of Facebook, Twitter users find news on social media

Pew’s annual State of the Media report reveals some interesting data on the relationship between social media and digital news consumption in America. The study found that half of Facebook and Twitter users find news while on the social networks, whereas sites like Instagram, Tumbler and LinkedIn had far lower percentages. Overall, three in 10 Americans now… Read More

twitter

Two thumbs up 2.0: How social media affects our behavior at the movie theater

Social media tools are changing the movie theater experience before, during and after seeing a flick on the big screen. Nielsen’s annual American Moviegoing report shows specifically how moviegoers are interacting with platforms like Facebook and Twitter. Before deciding which movie to see, 40 percent of those polled said they value recommendations they see posted by… Read More

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Teledesic 2.0? Facebook looking to buy solar-powered drone maker Titan to deliver Internet access from the skies

Craig McCaw’s Teledesic raised hundreds of millions of dollars in the 1990s to build low-orbiting satellites that could deliver high-speed Internet to those below. The idea fizzled, despite the involvement of the likes of Boeing and Microsoft co-founder Bill Gates. But the concept remains alive, at least in a less expensive form, in a New… Read More

Mark Zuckerberg

Facebook shares up 4% as Zuckerberg explains why they paid $19B for WhatsApp

Investors seemed to like what Mark Zuckerberg had to say during the Facebook CEO’s keynote at the Mobile World Congress on Monday. Facebook’s stock is up nearly four percent today following Zuckerberg’s 45-minute talk in Barcelona. The 29-year-old mostly focused on two topics during a fireside chat with journalist David Kirkpatrick: Facebook’s recent $19 billion acquisition… Read More

chaton

Glympse adds Foursquare-like location sharing to Samsung messaging app

Seattle-based Glympse has partnered with ChatON to enable its users to share their location with a friend through the Samsung-owned messaging platform. The announcement is being made today — or technically tonight in Barcelona — ahead of Mobile World Congress, the massive wireless show, that begins Monday. While Glympse has announced a new partnership almost… Read More

whatsapp111

Why Seattle needs a WhatsApp

I woke up this morning thinking about WhatsApp. Not so much about the mouth-dropping $19 billion price tag that Facebook put on the five-year-old Santa Clara, Calif.-based startup, the biggest venture-backed M&A exit ever. But why a deal of this size, style and scope is so desperately needed in Seattle. I’ve argued in the past… Read More

This note is a daily reminder at the WhatsApp office that reads “No Ads! No Games! No Gimmicks!”  Credit: Sequoia Capital

WhatTheApp? Why Facebook would spend $16 billion on an app with no advertising

Facebook announced this afternoon that it will pay $16 billion for WhatsApp, a free messaging application that lets users tap into their phone’s Internet connection to avoid paying hefty text messaging fees. But based on what we know about WhatsApp’s business model, Facebook isn’t doing the deal for the advertising revenue. Two years ago, that… Read More

WhatsApp

Facebook buys WhatsApp messaging service for $16 billion

Facebook announced today it is acquiring the popular WhatsApp messaging service for $12 billion in stock and $4 billion in cash. The deal also includes $3 billion in restricted stock units for WhatsApp’s employees. WhatsApp, which employs just 55 people, has more than 450 million monthly users — 100 million of which have joined the service in the… Read More