Facebook’s stock has lost 31% of its value since it went public one year ago

Facebook’s stock has lost 31% of its value since it went public one year ago

On May 18th, 2012, Facebook went public at a per-share price of $38. The company experienced a brief gain, spiking into the 40s, but ended its first day of trading just a few cents above the set $38 price. The following days saw the stock decline, under its listing price. The stock would fall as low as $17.55 before it began a period of recovery. As Facebook has grown its income from mobile users, and proven that its desktop market share … [Read more...]

Facebook hires new head in Japan, just days after rival Mixi brought in a 30-year old CEO

Facebook hires new head in Japan, just days after rival Mixi brought in a 30-year old CEO

There’s a change at the top at Facebook….in Japan, where the company has hired former McDonalds and Boston Consulting Group marketing exec Atsushi Iwashita as its new Managing Director. The news is reported in Markezine — via Asiajin – although Iwashita, who was most recently CEO at brand consultancy firm Interbrand Japan, is still to update his LinkedIn profile to reflect his new role. The move comes at an … [Read more...]

Instagram turns on ‘Photos of You’ section for everyone, here’s how to control the pictures you’re tagged in

Instagram turns on ‘Photos of You’ section for everyone, here’s how to control the pictures you’re tagged in

Instagram on Thursday reminded all its users that today is the day its new “Photos of You” section is being turned on for everyone. This means everyone who can currently see your profile is now able to see all the pictures that you have been tagged in. The feature was first announced two weeks ago but was only available if you chose to opt-in. Now it’s available for everyone, but thankfully you can choose whether photos others … [Read more...]

Meet Buck: Facebook’s secret weapon for building Android apps

Meet Buck: Facebook’s secret weapon for building Android apps

Facebook is becoming a mobile company — or rather a “mobile best” one if you believe founder and CEO Mark Zuckerberg. It’s no secret that the company has had its hiccups when it comes to mobile applications, but in a new post on its engineering blog, Facebook reveals a build system that it uses to produce Android apps it calls Buck. Today, that system has gone open source and is available on Github. Written by Michael … [Read more...]

Facebook completes one-column Timeline rollout, says users now adding 200m items daily to the new sections

Facebook completes one-column Timeline rollout, says users now adding 200m items daily to the new sections

Facebook on Tuesday announced it has completed rolling out the new sections on its Timeline profiles to everyone. Furthermore, the company says users are now collectively adding almost 200 million items daily. Two months ago, Facebook debuted the new one-column Timeline. The company emphasized the redesigned sections on user profiles that let people have one place to add items of interest. Yet everyone realized this was Facebook’s way of … [Read more...]

Facebook for iOS gets new photo options, improved places editing, faster event loading, and new News Feed

Facebook for iOS updated with new photo viewer button, improved places editing and faster events on iPhone

Facebook on Monday updated its native iOS app with new photo viewer options, improvements to Places and Events on the iPhone, as well as the new News Feed. You can grab the latest version now from Apple’s App Store. When viewing a photo, you can now directly save and share it (previously you could only Like, comment on, or tag friends in it). You can also now directly set a photo as your profile picture, though you’ll probably (and … [Read more...]