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Uber and Facebook reportedly in talks to bring car service to Messenger

During Facebook’s Q2 earning’s call, CEO, Mark Zuckerberg talked about the messaging space and how it relates to Messenger. According to Recode, he’s doing more than just talking. Recode reports that Zuckerberg has chatted with Uber CEO, Travis Kalanick about adding the service to Facebook Messenger. According to sources, the service would be embedded in Messenger. How that would work exactly isn’t known. But, if the deal does come together, it would give Messenger a feature none of the other messaging apps currently possess and give Uber access to potentially 200 million customers that use Facebook’s mobile messaging app a month. ➤ Facebook and Uber…

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Instagram’s “Bolt” Leak Could Be A New Facebook App Or An App Install Ad Test

bolt Some Instagram users are reporting having briefly seen a banner advertisement within the Instagram application which pointed to a new app called “Bolt,” described as a “one tap photo messaging” app. Next to the app’s name and description, a download button linked out to a non-functional URL on the Google Play store. The current speculation being shared around the… Read More

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Facebook Is Now Worth $190 Billion

fb-earnings Facebook is worth more than Amazon. Following yesterday’s earnings report, Facebook shares hit an all-time high in after-hours trading at $75. Price has been very stable this morning as well, confirming yesterday’s pop. Shares opened at $75.96 a share, then set a new record at $76.74. Now, shares are trading at $75.13. In other words, Facebook’s market capitalization is… Read More

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Facebook hits new milestone, now makes an average of $1 from each of its 410 million active users in Asia

The newest Q2 2014 earnings release from Facebook shows yet more strong growth for the social network in Asia.

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Facebook Share Price Hits All-Time High Of $75 After Hours Thanks To Strong Q2 Numbers

facebook-earnings Facebook’s stock infamously took a nosedive in the months following its public debut in 2012 after analysts wondered if the social network was too overhyped in its IPO and employee share lockups expired. But those days now seem a distant memory. On the back of a strong Q2 report, Facebook stock is at an all-time high in after-hours trading. It’s been creeping up for the last… Read More

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Mark Zuckerberg says you spend 40 minutes a day on Facebook

If you’re wondering where all your time is going, it’s being devoured by Facebook. According to CEO Mark Zuckerberg, Americans are spending an average of 40 minutes a day on the social network. During today’s Q2 earnings call, Zuckerberg shared the rather interesting bit of data about how long users hang out on his social network. Last year, Facebook stated that users spent 17.39 minutes a day on the network. He also said that users are spending nine hours a day engaging with digital media, which includes, computers, mobile and TV. With that in mind, 40 minutes doesn’t seem that bad. Actually,…

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Facebook now has 399 million users who login only from mobile devices

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Facebook revealed in its second-quarter earnings today that it has 399 million mobile-only monthly active users (MAUs). That’s about 30 percent of its active user base of 1.3 billion. More than a billion users sign onto Facebook from a mobile device in a given month, but the number of mobile-only accounts saw a significant jump last quarter. The company picked up 58 million mobile-only users in the second quarter of this year. Considering that Facebook only added 41 million overall users and 62 million mobile users during the period, there’s a clear trend away from Facebook’s desktop services. The bulk…

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Facebook Sets Revenue Per User Records Around The World In Q2

Screen Shot 2014-07-23 at 1.23.51 PM Facebook just turned in a very strong quarter, with its revenue and earnings per share both beating analyst expectations. The company reported sequential-quarter user figures that were soft, but Facebook’s stock is now in the green after-hours. Driving its strong financial performance in the period was high average revenue per user, or ARPU. Facebook set records around the world for how… Read More

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