Category Archives

6 Articles

Social Media/Facebook/Tech Companies/Business Tech News

Facebook Growth to Slow

Posted by ExploreMore on

Ever since the company was first established in 2005, Facebook has been one of the most exciting and dynamic organizations in the world. With daily users now well over 1 billion people, it has become by far the largest social media engine in the world. Facebook has been even more exciting to follow ever since it was first announced that they were going to unveil their IPO. In the five years since they first went public, the company has continued to impress investors with their continued growth. While the earnings have remained strong, a recent news article (http://www.fool.com/investing/2017/01/24/facebook-inc-earnings-how-long-can-this-monstrous.aspx) points out that the growth could slow.

 

In the third quarter of 2016, Facebook announced that its revenue jumped a very impressive 56% year over year. While these results are extremely impressive for any standard, most industry and financial experts agree that the growth in revenue should decline in coming years. The company has stated that they expect their fourth quarter year over year growth to be closer to 40%.

 

The reasons for the growth decline vary considerably, but most are attributed to the fact that the prior growth was impossible for any company to continue. While the company will not have as high year-over-year growth in the future, there is still a lot of room for growth going forward. In the coming year, the company will be unveiling a new ad program, which is sure to result in higher results for advertisers. This should ultimately result in more value per ad, which could have a huge impact on the company’s bottom line.

 

Facebook is also rumored to be venturing into other product lines, which will have an impact on the financial future of the company. The company will continue to look for ways to build upon their base social media engine, but will start producing more software, online sites, and other valuable programs that could help the company to continue to succeed. The company also plans on continuing to invest in both their human capital and infrastructure, which should lead to an improved output going forward.

Tech/Social Media/Facebook/Tech Companies/Business Tech News/Social Network

The Ever Changing Facebook

Posted by ExploreMore on

It can be difficult to keep the creative genius going when your company has been around for such a long time. That is the dilemma that Bill Gates faced with Microsoft. That is the same thing that Mark Zuckerberg is facing now with Facebook. He has been making changes for years for years to lure new members and keep the old members happy.

 

Currently the addition of headlines for context is most recent change the people are seeing with Facebook right now. It is these type of small incremental tweaks that people can continue to expect with Facebook. This is the type of social media giant that has continued to spark change for people that are interested in seeing something new. There are so many social media sites out there. Zuckerberg and his team have a lot to consider. That is the main reason why there are so many people that are going to embrace the changes like Facebook live. That was a future that would sort of duplicate some of the creativity that started Snapchat. It has become rather obvious that the tech world is fickle with constant change. That is why Facebook is trying to stay abreast of the technology that is out there. Zuckerberg doesn’t want to mess up what has already gained the attention of a billion users, but he doesn’t want to stay stagnant either.

 

It is going to be interesting to see how Facebook lines up against the other websites that are currently on the market. There are no limitations to what Mark and his team can do because he has the money to afford all of the innovation that he desires. This is the great thing about become so successful in the social media world. People are going to give their feedback right away, and that allows Zuckerberg to go back to the drawing board. The Facebook website and app are going to be around. There are too many people with too much interest invested in their pages. That is why the website will be around for a while. Zuckerberg has worked hard to stay relevant. People are going to look at what this website has to offer, and they are going to appreciate the innovation.

Social Media/Facebook/Social Network

Zuckerberg Denies that Facebook Influenced Election

Posted by ExploreMore on

During the past week, many people in the United States and the rest of the world were shocked to learn that Donald Trump was elected president of the United States. While Hillary Clinton seemed to be the very likely candidate due to most people’s projections, Trump ended up winning the most important swing states and the electoral college. While many are very confused as to how he ended up winning, one popular theory is that Facebook inadvertently had an impact on the election results.

 

According to a recent news article (https://www.cnet.com/news/facebook-mark-zuckerberg-fake-news-affect-election-techonomy-donald-trump-crazy/) Facebook users were inundated over the election cycle with fake news articles that went viral and could have had a negative impact on the Clinton campaign. The articles ranged from saying that prominent individual endorsed Trump to made up scandals involving the Clintons. Ultimately, all of these articles were debunked and proved to be false, but still left a lasting impact on the minds of voters. Due to these articles, many are beginning to believe that they could have had a significant impact on the ultimate results of the election.

 

While this is a theory with some people, the top officials of Facebook have repeatedly stated that this could not be the case and that the social networking site was not responsible for the election results. CEO Mark Zuckerberg went as far as saying that the theory was crazy. While the theories do exist, it does come as a surprise to many people as the website was previously criticized for making it challenging for the Republican Party to promote itself. The website had been rumored to have spent some time and effort trying to prevent conservative stories from trending and becoming viral on the website.

 

Trump and Zuckerberg had also had some public disputes. Earlier this year Trump had taken exception to the efforts of the Facebook CEO trying to change immigration rules. While the Facebook CEO viewed it as a chance to bring more talent in the USA, Trump stated that the plan would take away opportunities from US citizens.

 

Google/Facebook/Technological Advancement/The Pacific Light Cable Network

Google and Facebook Team Up for Transpacific Cable

Posted by ExploreMore on

Two tech giants arebuilding the largest and fastest trams pacific cable in the world which will provide speeds at 120 Terabits per second. Google and Facebook have teamed up with the Pacific Light Data Communication to have this cable installed. The cable will connect the cities of Los Angeles and Hong Kong and consists of almost thirteen thousand kilometers of cable.

The Pacific Light Cable Network is a subsidiary of China Soft Power Technology, a company that does not have a significant amount of experience in building underwater cable lines. For Google the project is running through their cloud platform group and will greatly improve the speed, data capacity and latency between North America and Asia. Facebook users will also realize greater connection speeds as a result of the expanded cable network.

The new cable will be the fastest in the world replacing an earlier project that Google has invested in that is known as “The Faster Cable”. Google has an interest in five other major cable lines and appears to be building up a competency in developing them. The names of the trans ocean cables are named are Unity, SJC, FASTER, MONET and Tannat. This project will contain five pairs of cables each of which provides for 24 tpbs of bandwidth.

While it may seem strange to see two competitors like Google and Facebook creating a joint project with a Chinese company to develop the underwater cable line, these types of joint venture projects are common when developing underwater cable lines given their monstrous cost. The total cost of this project is expected to be $400 million in total. After completed the cable will be jointly owned by all three companies. The project is scheduled to be online and operating at full capacity in 2018.

Other competitors are also moving into the market. Amazon for one is moving into the market but has not entered into any joint venture projects with other major tech companies the way Google has done. Facebook and Microsoft also have teamed up on a transatlantic wire which is faster than the trans pacific one that Facebook and Google are developing, but it is half of the distance of this project and therefore easier to run at higher speeds.

Social Media/Facebook

Location Information Not Used By Facebook to Suggest Friends

Posted by ExploreMore on

One question that many Facebook users would like to know the answer to is whether the social media giant suggests friends based on their location. Normally, there should have been a clear answer. However, recent reports have contradicted each other, which caused a lot of confusion.

A recent report by Fusion indicated that user location data was in fact used by Facebook to suggest new friends. The possible privacy implications of such a practice were discussed as well. While it may not be much of an issue if one is around friends or coworkers, most users wouldn’t want their profile to be suggested to some odd stranger on a public bus that has been staring at them while mumbling incoherently. There was no mistake done by Fusion, as a Facebook spokesperson confirmed that location data was one of the factors used to make friend recommendations.

Facebook then quickly issued a correction and instead stated the exact opposite, meaning that location data isn’t used to suggest new friends. More explanations were given after it was brought up that Facebook had previously used city-wide location data to suggest friends to certain users in 2015. The practice was later abandoned.

Why were confusing and contradictory answers given to such a straightforward question? And how does Facebook actually recommend friends?

Facebook has responded by saying that there was some internal confusion about the limited experiment carried out last year, which has led to journalists being given inaccurate information. Their final answer is that location data isn’t used to suggest new friends at all. Instead, the people shown by Facebook will be based on a user’s mutual friends, information about work and education, contacts imported from other sources, networks that they’re part of and certain other factors. Just like the algorithm used by Google to rank web pages, the full details of how suggestions are made by Facebook isn’t something the company is likely to ever reveal.

Technology/Social Media/Facebook

Social Media Icon’s Accounts Hacked

Posted by ExploreMore on

Facebook founder Mark Zuckerberg has been under fire in the news lately for a surprising reason, and it isn’t what most people would expect. His lack of social media password security was uncovered after a group of hackers accessed three of his social media accounts. All three had the same password “dadada” assigned to them.

Many news reports have stated the obvious irony of the situation since Zuckerberg previously made crude jokes regarding the trusting nature of the people who use his infamous Facebook site. He even went so far as to state how “dumb” Facebook users were because of all of the personal information that they had shared with him.

A group that calls themselves “OurMine” have claimed responsibility for hacking Zuckerberg’s account, which they announced in a tweet. OurMine asked Zuckerberg to contact them to discuss his account security issues. Zuckerberg responded by denying that they ever hacked his account, so in return, they proved their hacking capabilities by changing his name on Pinterest.

Because Zuckerberg’s social media accounts all had the exact same password for them, it made them all more easily hacked. Once OurMine had one password, they could get into them all. But, what is strangest thing about the entire situation is how little the multi-million dollar social media icon uses social media himself. His three hacked accounts showed that he barely accesses them at all. So, while the hackers were attempting to gain some notoriety, their stunt came off as merely childish instead. Still, the issue of password security did bring up the importance of never using the same password for multiple accounts.