Share of Facebook Inc (NASDAQ:FB) Declined -1.59%

Share of Facebook Inc (NASDAQ:FB) Declined -1.59%

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Facebook Inc (NASDAQ:FB)

Description:

Facebook Inc (NASDAQ:FB), is an online social networking service headquartered in Menlo Park, California. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities. Its products comprise Facebook, Instagram, Messenger and WhatsApp. The Facebook mobile app and Website enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Facebook Inc (NASDAQ:FB) had over 1.18 billion monthly active users as of August 2015.

Facebook Inc News Update:

Facebook Inc (NASDAQ:FB), and Twitter were among the major tech companies to employ new tools to track users’ safety status and conversations following the Paris attacks on Friday, which killed 129 people and injured 352 more, according to bizjournals

Facebook’s “Safety Check” allowed users to mark their status as “safe” on their profiles. It was the first time the tool was employed for a violent attack. Formerly, the tool had only been used in connection with natural disasters. The company also created a filter using the colors of the French flag so users could show their solidarity with Parisians.

The Menlo Park-based company actually came under fire for Safety Check when some pointed out that the tool had not been used earlier in the week during terrorist attack in Beirut, Lebanon, which killed 43 people. In fact, so many complaints were directed at Facebook that CEO Mark Zuckerberg wrote a post defending the decision. Bizjournals Report

Google Gets Surprise Ally in Mobile-App Search Push: Facebook

Google’s effort to keep its search engine relevant in a world of mobile apps just got a boost from a big rival, according to WSJ

Facebook Inc (NASDAQ:FB), operator of the world’s largest social network, on Friday began allowing Google to crawl and index its mobile app, a spokeswoman for Google parent Alphabet Inc. said.

The agreement means that results from Google searches on smartphones will display some content from Facebook’s app, counting public profile information. The listings will appear as “deep links” that will take users to the relevant part of the Facebook app, the spokeswoman said. WSJ Added

Google can’t show content shared through logged-in and private Facebook app sessions, meaning it is still locked out of most information inside the walled garden of Facebook’s social network. For those searches, users will have to use Facebook’s search service, which it recently updated.

“When people search for public Facebook content on the mobile web, those who use Facebook for Android can now click through and go straight to the Facebook app,” a Facebook spokeswoman wrote in an emailed statement. WSJ Report

Shares of Facebook Inc (NASDAQ:FB), declined -1.59% to $102.30, during its current trading session.

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