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Facebook announces redesign, new Messenger, Portal features at F8
2019-05-01 09:22:00| Telecompaper Headlines
(Telecompaper) Facebook announced a number of changes to its social network and apps at the first day of its F8 developers conference, in line with its recently announced increased focus on messaging and privacy. Facebook itself will be redesigned to take a greater focus on social aspects like groups over the news feed, while Messenger is getting a new, lighter app as well as a desktop version. While no major hardware was announced, Facebook did announce the start of pre-orders for the Oculus Quest and Rift S and plans for an enterprise VR offering.
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Facebook Announces Oculus Go, a $199 Standalone VR Headset
2017-10-11 22:23:45| Extremetech
Oculus is preparing its first all-in-one VR headset known as the Oculus Go. It's coming to a face near you next year for a mere $199. The post Facebook Announces Oculus Go, a $199 Standalone VR Headset appeared first on ExtremeTech.
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Facebook announces Free Basics app, mobile website
2015-09-28 10:20:00| Telecompaper Headlines
(Telecompaper) Facebook has announced a new name for its Internet.org app and mobile website Free Basics by Facebook. Facebook says the change will better distinguish the Internet.org initiative from the programs and services it is providing, including Free Basics. According to Chris Daniels, VP of Internet.org, Internet.org is the entire programme, while Free Basic services is "just a portion of Internet.org". Free Basic services is Facebook's initiative with operators, where it "offers a set of services where people can come online for the first time and understand what the internet is all about".
Facebook announces arrests have been made for the 'Lecpetex' botnet
2014-07-09 14:12:16| InfoWorld: Top News
Facebook said police in Greece made two arrests last week in connection with a little-known spamming botnet called "Lecpetex," which used hacked computers to mine the Litecoin virtual currency. As many as 50,000 Facebook accounts were affected, and as many as 250,000 computers worldwide, primarily in Greece, Poland, Norway, India, Portugal, and the United States, according to a blog post on Tuesday from Facebook's Threat Infrastructure team.
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Facebook announces new share offering
2013-12-19 16:00:00| Telecompaper Headlines
(Telecompaper) Facebook announced a secondary public offering to sell around 70 million of its Class A shares. The offer includes 27 million shares from the company and 43 million held by shareholders, including 41.35 million held by CEO and co-founder Mark Zuckerberg. The proceeds for the company, estimated at almost USD 1.5 billion based on the current share price, will go towards working capital and other general corporate purposes. Zuckerberg meanwhile is expected to use his proceeds to settle taxes due on the exercise of an option to acquire 60 million Class B shares in the company. Zurckerberg is converting 41.35 million of these shares to Class A stock, on a one-for-one basis, and these will be the shares sold by him in the public offering. The Class B shares carry ten voting rights each, compared to just one vote for the Class A shares. After the transactions, Zuckerberg will hold 62.8 percent of the voting rights in Facebook, compared to 58.8 percent previously. However, this does not yet take into account a planned donation by Zuckerberg this month of 18 million Class B shares, converted to Class A shares. In addition, the social network company confirmed that its stock will join the S&P 500, an index of leading companies on US stock markets.
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