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Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. It is considered one of the Big Four technology companies in the world.
The founders initially limited the website's membership to Harvard students and subsequently Columbia, Stanford, and Yale students.
Facebook Renamed Calibra Digital Wallet to Novi
The Calibra wallet, developed for the Libra project of the Facebook social network, was renamed to Novi and transferred to the management of its Facebook subsidiary – Novi Financial.
Facebook Introduced Collab, a New App for Making Short Music Videos Together
Collab will let you create unique short music video compositions using other people’s posts. But for now, the app is available in an invite-only beta version for iOS users.
Zoom Temporarily Removed Giphy Integration From Chats
The video conferencing service says the Giphy feature will be back after some security and technical improvements are made.
Facebook Launches Shops to Help Small Businesses Sell Their Products Online
Facebook launches Shops to bring small businesses online during the global pandemic. The new feature will bring a shopping tab on Instagram and have shoppable live streams.
The U.S. Congress Is Worried About Facebook's Giphy Acquisition
Facebook recently announced the purchase of Giphy animated image service. U.S. Congress opposed the deal, saying Facebook cannot buy other companies while the antitrust investigation is underway.
Facebook Acquired Giphy for $400 Million and Welcomed It as Part of Instagram
The social media giant bought the GIF-sharing platform that reportedly cost $400 million to integrate it into Instagram.
Facebook Labeled About 50 Million Fake Posts About Coronavirus in April
In its April report, Facebook said it found 50 million posts with fake information related to the novel coronavirus in April. In March, 40 million messages were detected.
