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Money Media

Mark Zuckerberg: Is connectivity a human right?

August 20th, 2013 by ,    photos by facebook.com

Press release - Facebook (FB) - August 20, 2013

 
 

August 20, 2013 - For almost ten years, Facebook has been on a mission to make the world more open and connected. Today we connect more than 1.15 billion people each month, but as we started thinking about connecting the next 5 billion, we realized something important: the vast majority of people in the world don't have access to the internet.

Today, only 2.7 billion people are online -- a little more than one third of the world. That is growing by less than 9% each year, but that’s slow considering how early we are in the internet’s development. Even though projections show most people will get smartphones in the next decade, most people still won’t have data access because the cost of data remains much more expensive than the price of a smartphone.

Below, I’ll share a rough proposal for how we can connect the next 5 billion people, and a rough plan to work together as an industry to get there. We'll discuss how we can make internet access more affordable by making it more efficient to deliver data, how we can use less data by improving the efficiency of the apps we build and how we can help businesses drive internet access by developing a new model to get people online.

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Full press release

Stock Market

Introducing embedded posts

July 31st, 2013 by ,    photos by facebook.com

Press release - Facebook (FB) - July 31, 2013

 
 

July 31, 2013 - Today at Facebook, we are beginning to roll out Embedded Posts to make it possible for people to bring the most compelling, timely public posts from Facebook to the rest of the web.

Embedded Posts let people add public posts from Facebook to their blog or web site. When embedded, posts can include pictures, videos, hashtags and other content. People can also like and share the post directly from the embed. 

Only posts set to public can be embedded on other web sites. 

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Full press release

Stock Market

Facebook reports second quarter 2013 results

July 24th, 2013 by ,    photos by facebook.com

Press release - Facebook (FB) - July 24, 2013

 
 

MENLO PARK, Calif., July 24, 2013 /PRNewswire/ -- Facebook, Inc. (NASDAQ: FB) today reported financial results for the second quarter, which ended June 30, 2013.

"We've made good progress growing our community, deepening engagement and delivering strong financial results, especially on mobile," said Mark Zuckerberg, Facebook founder and CEO. "The work we've done to make mobile the best Facebook experience is showing good results and provides us with a solid foundation for the future."

Second Quarter 2013 Operational Highlights

  • Daily active users (DAUs) were 699 million on average for June 2013, an increase of 27% year-over-year.
  • Monthly active users (MAUs) were 1.15 billion as of June 30, 2013, an increase of 21% year-over-year.
  • Mobile MAUs were 819 million as of June 30, 2013, an increase of 51% year-over-year.  Mobile DAUs were 469 million on average for June 2013.

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Stock Market

Expanding Graph Search beta

July 8th, 2013 by ,    photos by facebook.com

Press release - Facebook (FB) - July 8, 2013

 
 

July 8, 2013 - Earlier this year we announced the initial beta of Graph Search, a new way to find people, photos, places and interests on Facebook.  In the next few weeks, Graph Search will roll out more broadly to everyone who uses Facebook in U.S. English. Over the past few months, tens of millions of people have helped improve the product just by using it and giving feedback:   

● Speed: Graph Search is faster – both at suggesting potential searches and displaying results 
● Query understanding: Graph Search understands more ways of asking questions
● Results: Graph Search does a better job at showing the most relevant results first
● Interface: The search box is easier to see and use  

Everyone using US English should start seeing their search box automatically updated.  

This is just the beginning. We're currently working on making it easier for people to search and discover topics, including posts and comments. We’re also working on getting mobile Graph Search ready.  

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Full press release

Stock Market

The 2013 Wimbledon Tennis Championships on Facebook

July 7th, 2013 by ,    photos by facebook.com

Press release - Facebook (FB) - July 7, 2013

 
 

July 7, 2013 - U.K. fan favorite Andy Murray defeated No. 1-ranked Serbian Novak Djokovic on Sunday to become this year’s Wimbledon men’s champion. The final sets were 6-4, 7-5, 6-4. Photos of a victorious Murray shared to his Page just after his win received massive engagement with fans in just a few hours making him the most buzzed-about player on Facebook during the tournament.

France’s Marion Bartoli also won 6-1, 6-4, over German Sabine Lisicki, to clinch her first Wimbledon win Saturday.

Facebook noted nearly 29 million global interactions – posts, comments, and likes – leading into the final matches. The conversation was global, and people in the U.K., U.S., India, Italy and Australia, had the most to say about the events at the All England Lawn Tennis and Croquet Club.  

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