Facebook has never been stronger since IPO, Sandberg says
SAN FRANCISCO, June 19 (Reuters) – A year after Facebook
Inc’s fumbled IPO, Wall Street remains slow to recognize
what Chief Operating Officer Sheryl Sandberg argues has been an
across-the-board improvement in its business.
Facebook’s ability to deliver ads to mobile phones,
improvements in measuring the effectiveness of its ads and
increasing user engagement have all put the world’s largest
social network in a better position than before the IPO,
Sandberg told the Reuters Global Technology Summit on Wednesday.
Yahoo rejects fears hackers will exploit old user IDs
SAN FRANCISCO (Reuters) – Yahoo Inc on Wednesday downplayed concerns that its plans to recycle inactive user IDs could leave users exposed to hackers, saying only 7 percent of those IDs are tied to actual Yahoo email accounts.
The Internet company, which announced last week it would release user IDs that have been inactive for more than 12 months so that other people can claim them, was pressed to defend the plan after critics warned that hackers who take control of inactive accounts could also assume the identities of the accounts’ previous owners.
Batteries hold key to wearable device revolution
SAN FRANCISCO (Reuters) – Longer-lasting batteries are crucial for a new crop of wearable computers whose rise may upend Apple (AAPL.O: Quote, Profile, Research, Stock Buzz) and Google’s (GOOG.O: Quote, Profile, Research, Stock Buzz) dominance of mobile devices, two of the field’s pioneers say.
Wearable devices – from bracelets that monitor physical activity and sleeping patterns to clothing with built-in sensors and Web-ready glasses – may mark the next big technology shift, just as smartphones evolved from personal computers.
Facebook adds ‘hashtag’ feature, taking a page from Twitter
SAN FRANCISCO, June 12 (Reuters) – Facebook Inc, the
world’s No. 1 social network, is adopting the “hashtag,” one of
the most recognizable features of its younger rival Twitter, in
a move to position its Web service as an important complement to
television, sporting events and breaking news.
Facebook said on Wednesday that it will begin to roll out
the feature on its social network, making it easier for users
and advertisers to find hot spots of user activity around
specific events or topics.
Facebook tackles stock price complaints in first shareholder meeting
SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg faced a barrage of questions on Tuesday about the company’s slumping stock price during the No. 1 social networking company’s first shareholder meeting since its rocky initial public offering last May.
Zuckerberg, who has presided over a 37 percent decline in the stock since its debut at $38, said he believed Facebook was on the right path toward long-term success, even though he was disappointed with its performance on Wall Street.
Google finalizing $1.3 billion deal for mapping company Waze: source
SAN FRANCISCO (Reuters) – Google Inc is finalizing a deal to acquire online mapping company Waze for $1.3 billion, according to a source familiar with the matter.
The deal is expected to be announced this week, though it was unlikely to occur on Monday, another source told Reuters.
As Facebook grows up, ambitions get reality check
SAN FRANCISCO (Reuters) – Facebook, which once seemed poised to take over the Internet, is showing its limitations: a host of newer services are gaining ground among trend-setting youth; a much-hyped smartphone app has received a tepid response; and grand ambitions such as taking on Google in the search business seem ever more fanciful.
In a volatile Internet industry where companies can rise and fall almost overnight, one might even say that the nine-year-old Facebook Inc (FB.O: Quote, Profile, Research) is suffering a mid-life crisis.
Facebook pares ad options, simplifies marketing tools
SAN FRANCISCO (Reuters) – Facebook Inc is eliminating various types of advertisements on its website in an effort to simplify a system that it acknowledged was confusing marketers.
The world’s No. 1 social network, which is seeking to revive revenue growth, will still display ads inside users’ newsfeeds and on the right-hand side of its webpages. But it will sharply reduce the options marketers can choose for those so-called ad units.
Analysis: As Facebook grows up, grand ambitions get reality check
SAN FRANCISCO (Reuters) – Facebook, which once seemed poised to take over the Internet, is showing its limitations: a host of newer services are gaining ground among trend-setting youth; a much-hyped smartphone app has received a tepid response; and grand ambitions such as taking on Google in the search business seem ever more fanciful.
In a volatile Internet industry where companies can rise and fall almost overnight, one might even say that the nine-year-old Facebook Inc is suffering a mid-life crisis.
As Facebook grows up, grand ambitions get reality check
SAN FRANCISCO, June 5 (Reuters) – Facebook, which once
seemed poised to take over the Internet, is showing its
limitations: a host of newer services are gaining ground among
trend-setting youth; a much-hyped smartphone app has received a
tepid response; and grand ambitions such as taking on Google in
the search business seem ever more fanciful.
In a volatile Internet industry where companies can rise and
fall almost overnight, one might even say that the nine-year-old
Facebook Inc is suffering a mid-life crisis.

