20-12-2013, 01:12 PM
29-12-2013, 08:47 PM
Is it true? I do notice that nieces and nephews are shifting too, since dad/mom/uncle/aunt are also in the FB...
Facebook ‘dead and buried to teens’, research finds
LONDON — Facebook is “dead and buried” to older teenagers, an extensive European study has found, as the key age group moves on to Twitter, Instagram, WhatsApp and Snapchat.
Researching the Facebook use of 16 to 18 year-olds in eight EU countries, the Global Social Media Impact Study found that as parents and older users saturate Facebook, its younger users are shifting to alternative platforms.
“Facebook is not just on the slide — it is basically dead and buried,” wrote Dr Daniel Miller, lead anthropologist on the research team, who is professor of material culture of University College London.
...
http://www.todayonline.com/tech/facebook...arch-finds
Facebook ‘dead and buried to teens’, research finds
LONDON — Facebook is “dead and buried” to older teenagers, an extensive European study has found, as the key age group moves on to Twitter, Instagram, WhatsApp and Snapchat.
Researching the Facebook use of 16 to 18 year-olds in eight EU countries, the Global Social Media Impact Study found that as parents and older users saturate Facebook, its younger users are shifting to alternative platforms.
“Facebook is not just on the slide — it is basically dead and buried,” wrote Dr Daniel Miller, lead anthropologist on the research team, who is professor of material culture of University College London.
...
http://www.todayonline.com/tech/facebook...arch-finds
23-01-2014, 09:27 AM
A academic exercise out of ivory tower? The argument didn't take into consideration of fundamentals, simple by past history, not history of social media companies, but epidemics??? The argument is beyond me...
Facebook will lose 80% of its users by 2017: Researchers
LONDON — Facebook has spread like an infectious disease but we are slowly becoming immune to its attractions and the platform will be largely abandoned by 2017, researchers at Princeton University said yesterday (Jan 22).
The forecast of Facebook’s impending doom was made by comparing the growth curve of epidemics to those of online social networks. Scientists argue that, like the bubonic plague, Facebook will eventually die out.
http://www.todayonline.com/tech/facebook...esearchers
Facebook will lose 80% of its users by 2017: Researchers
LONDON — Facebook has spread like an infectious disease but we are slowly becoming immune to its attractions and the platform will be largely abandoned by 2017, researchers at Princeton University said yesterday (Jan 22).
The forecast of Facebook’s impending doom was made by comparing the growth curve of epidemics to those of online social networks. Scientists argue that, like the bubonic plague, Facebook will eventually die out.
http://www.todayonline.com/tech/facebook...esearchers
31-01-2014, 09:27 PM
Mobile ad revenue lifts Facebook past Wall Street targets
SAN FRANCISCO — Facebook delivered its strongest revenue growth in two years, beating Wall Street targets as the Internet company’s mobile ad sales continued to accelerate.
Shares of Facebook surged 12 per cent to US$59.98 in after-hours trading yesterday (Jan 29).
The world’s largest social networking company said that revenue from mobile ads represented 53 per cent of its total advertising revenue in the last three months of the year, or US$1.24 billion (S$1.58 billion), versus the 49 per cent proportion that mobile ads represented in the third quarter.
...
http://www.todayonline.com/tech/mobile-a...et-targets
SAN FRANCISCO — Facebook delivered its strongest revenue growth in two years, beating Wall Street targets as the Internet company’s mobile ad sales continued to accelerate.
Shares of Facebook surged 12 per cent to US$59.98 in after-hours trading yesterday (Jan 29).
The world’s largest social networking company said that revenue from mobile ads represented 53 per cent of its total advertising revenue in the last three months of the year, or US$1.24 billion (S$1.58 billion), versus the 49 per cent proportion that mobile ads represented in the third quarter.
...
http://www.todayonline.com/tech/mobile-a...et-targets
01-02-2014, 05:54 PM
With all the gloom and disbelief with Facebook, they still are innovative. Their new app looks good.
http://www.theverge.com/2014/1/30/536035...iphone-app
http://www.theverge.com/2014/1/30/536035...iphone-app
20-02-2014, 08:42 AM
https://twitter.com/sarahfrier/status/43...andoDigest
Facebook buying WhatsApp for $16 billion plus a potential $3 billion in RSUs. Stock down after-hours.
http://seekingalpha.com/pr/9018131-faceb...e-whatsapp
Facebook to Acquire WhatsApp
1 comment | Wed February 19, 2014 5:07 PM|PR Newswire | About: FB
MENLO PARK, Calif., Feb. 19, 2014 /PRNewswire/ -- Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook (FB) shares. The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp's founders and employees that will vest over four years subsequent to closing.
WhatsApp has built a leading and rapidly growing real-time mobile messaging service, with:
Over 450 million people using the service each month;
70% of those people active on a given day;
Messaging volume approaching the entire global telecom SMS volume; and
Continued strong growth, currently adding more than 1 million new registered users per day.
The acquisition supports Facebook and WhatsApp's shared mission to bring more connectivity and utility to the world by delivering core internet services efficiently and affordably. The combination will help accelerate growth and user engagement across both companies.
"WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable," said Mark Zuckerberg, Facebook founder and CEO. "I've known Jan for a long time and I'm excited to partner with him and his team to make the world more open and connected."
Jan Koum, WhatsApp co-founder and CEO, said, "WhatsApp's extremely high user engagement and rapid growth are driven by the simple, powerful and instantaneous messaging capabilities we provide. We're excited and honored to partner with Mark and Facebook as we continue to bring our product to more people around the world."
Facebook fosters an environment where independent-minded entrepreneurs can build companies, set their own direction and focus on growth while also benefiting from Facebook's expertise, resources and scale. This approach is working well with Instagram, and WhatsApp will operate in this manner. WhatsApp's brand will be maintained; its headquarters will remain in Mountain View, CA; Jan Koum will join Facebook's Board of Directors; and WhatsApp's core messaging product and Facebook's existing Messenger app will continue to operate as standalone applications.
Upon closing of the deal, all outstanding shares of WhatsApp capital stock and options to purchase WhatsApp capital stock will be cancelled in exchange for $4 billion in cash and 183,865,778 shares of Facebook Class A common stock (worth $12 billion based on the average closing price of the six trading days preceding February 18, 2014 of $65.2650 per share). In addition, upon closing, Facebook will grant 45,966,444 restricted stock units to WhatsApp employees (worth $3 billion based on the average closing price of the six trading days preceding February 18, 2014 of $65.2650 per share). As of February 17, 2014, Facebook had 2,551,654,996 Class A and B shares outstanding plus approximately 139 million dilutive securities primarily consisting of unvested RSUs. The Class A common stock and RSUs issued to WhatsApp shareholders and employees upon closing will represent 7.9% of Facebook shares based on current shares and RSUs outstanding.
In the event of termination of the Merger Agreement under certain circumstances principally related to a failure to obtain required regulatory approvals, the Merger Agreement provides for Facebook to pay WhatsApp a fee of $1 billion in cash and to issue to WhatsApp a number of shares of Facebook's Class A common stock equal to $1 billion based on the average closing price of the ten trading days preceding such termination date.
Facebook was advised by Allen & Company LLC and Weil, Gotshal & Manges LLP; and WhatsApp was advised by Morgan Stanley and Fenwick & West, LLP.
Webcast and Conference Call Information
Facebook will host a 30-minute conference call to discuss the acquisition at 3:00 pm PT / 6:00 pm ET today. The dial-in number for the call is (866) 751-3284 (toll free) and (973) 935-8772 (international), conference ID: 2907041. The live webcast of the call can be accessed at the Facebook Investor Relations website at investor.fb.com. Facebook uses the website http://investor.fb.com as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Following the call, a replay will be available at the same website. A telephonic replay will be available for one week following the conference call at (855) 859-2056 or (404) 537-3406, conference ID 2907041.
About Facebook
Facebook's mission is to give people the power to share and make the world more open and connected. People use Facebook to stay connected with friends and family, to discover what's going on in the world, and to share and express what matters to them.
About WhatsApp
WhatsApp is a personal real-time messaging network allowing millions of people around the world to stay connected with their friends and family.
Facebook Contacts
Investors:
Deborah Crawford
investor@fb.com / investor.fb.com
Press:
Tucker Bounds
press@fb.com / newsroom.fb.com
WhatsApp Contact:
press@whatsapp.com
Forward Looking Statements
This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including the expected completion of the acquisition, the time frame in which this will occur, the expected benefits to Facebook and WhatsApp from completing the acquisition, and the expected financial performance of Facebook following completion of the acquisition. Statements regarding future events are based on the parties' current expectations and are necessarily subject to associated risks related to, among other things, regulatory approval of the proposed acquisition or that other conditions to the closing of the deal may not be satisfied, the potential impact on the business of WhatsApp due to the announcement of the acquisition, the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement, and general economic conditions. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. For information regarding other related risks, see the "Risk Factors" section of Facebook's Annual Report on Form 10-K for 2013. The forward-looking statements included herein are made only as of the date hereof, and neither party undertakes an obligation to revise or update any forward-looking statements for any reason.
SOURCE Facebook
Facebook buying WhatsApp for $16 billion plus a potential $3 billion in RSUs. Stock down after-hours.
http://seekingalpha.com/pr/9018131-faceb...e-whatsapp
Facebook to Acquire WhatsApp
1 comment | Wed February 19, 2014 5:07 PM|PR Newswire | About: FB
MENLO PARK, Calif., Feb. 19, 2014 /PRNewswire/ -- Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook (FB) shares. The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp's founders and employees that will vest over four years subsequent to closing.
WhatsApp has built a leading and rapidly growing real-time mobile messaging service, with:
Over 450 million people using the service each month;
70% of those people active on a given day;
Messaging volume approaching the entire global telecom SMS volume; and
Continued strong growth, currently adding more than 1 million new registered users per day.
The acquisition supports Facebook and WhatsApp's shared mission to bring more connectivity and utility to the world by delivering core internet services efficiently and affordably. The combination will help accelerate growth and user engagement across both companies.
"WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable," said Mark Zuckerberg, Facebook founder and CEO. "I've known Jan for a long time and I'm excited to partner with him and his team to make the world more open and connected."
Jan Koum, WhatsApp co-founder and CEO, said, "WhatsApp's extremely high user engagement and rapid growth are driven by the simple, powerful and instantaneous messaging capabilities we provide. We're excited and honored to partner with Mark and Facebook as we continue to bring our product to more people around the world."
Facebook fosters an environment where independent-minded entrepreneurs can build companies, set their own direction and focus on growth while also benefiting from Facebook's expertise, resources and scale. This approach is working well with Instagram, and WhatsApp will operate in this manner. WhatsApp's brand will be maintained; its headquarters will remain in Mountain View, CA; Jan Koum will join Facebook's Board of Directors; and WhatsApp's core messaging product and Facebook's existing Messenger app will continue to operate as standalone applications.
Upon closing of the deal, all outstanding shares of WhatsApp capital stock and options to purchase WhatsApp capital stock will be cancelled in exchange for $4 billion in cash and 183,865,778 shares of Facebook Class A common stock (worth $12 billion based on the average closing price of the six trading days preceding February 18, 2014 of $65.2650 per share). In addition, upon closing, Facebook will grant 45,966,444 restricted stock units to WhatsApp employees (worth $3 billion based on the average closing price of the six trading days preceding February 18, 2014 of $65.2650 per share). As of February 17, 2014, Facebook had 2,551,654,996 Class A and B shares outstanding plus approximately 139 million dilutive securities primarily consisting of unvested RSUs. The Class A common stock and RSUs issued to WhatsApp shareholders and employees upon closing will represent 7.9% of Facebook shares based on current shares and RSUs outstanding.
In the event of termination of the Merger Agreement under certain circumstances principally related to a failure to obtain required regulatory approvals, the Merger Agreement provides for Facebook to pay WhatsApp a fee of $1 billion in cash and to issue to WhatsApp a number of shares of Facebook's Class A common stock equal to $1 billion based on the average closing price of the ten trading days preceding such termination date.
Facebook was advised by Allen & Company LLC and Weil, Gotshal & Manges LLP; and WhatsApp was advised by Morgan Stanley and Fenwick & West, LLP.
Webcast and Conference Call Information
Facebook will host a 30-minute conference call to discuss the acquisition at 3:00 pm PT / 6:00 pm ET today. The dial-in number for the call is (866) 751-3284 (toll free) and (973) 935-8772 (international), conference ID: 2907041. The live webcast of the call can be accessed at the Facebook Investor Relations website at investor.fb.com. Facebook uses the website http://investor.fb.com as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Following the call, a replay will be available at the same website. A telephonic replay will be available for one week following the conference call at (855) 859-2056 or (404) 537-3406, conference ID 2907041.
About Facebook
Facebook's mission is to give people the power to share and make the world more open and connected. People use Facebook to stay connected with friends and family, to discover what's going on in the world, and to share and express what matters to them.
About WhatsApp
WhatsApp is a personal real-time messaging network allowing millions of people around the world to stay connected with their friends and family.
Facebook Contacts
Investors:
Deborah Crawford
investor@fb.com / investor.fb.com
Press:
Tucker Bounds
press@fb.com / newsroom.fb.com
WhatsApp Contact:
press@whatsapp.com
Forward Looking Statements
This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including the expected completion of the acquisition, the time frame in which this will occur, the expected benefits to Facebook and WhatsApp from completing the acquisition, and the expected financial performance of Facebook following completion of the acquisition. Statements regarding future events are based on the parties' current expectations and are necessarily subject to associated risks related to, among other things, regulatory approval of the proposed acquisition or that other conditions to the closing of the deal may not be satisfied, the potential impact on the business of WhatsApp due to the announcement of the acquisition, the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement, and general economic conditions. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. For information regarding other related risks, see the "Risk Factors" section of Facebook's Annual Report on Form 10-K for 2013. The forward-looking statements included herein are made only as of the date hereof, and neither party undertakes an obligation to revise or update any forward-looking statements for any reason.
SOURCE Facebook
20-02-2014, 05:17 PM
Despite what critics says, Facebook is still the number 2 most visited site currently (sometimes fighting with Google for the number 1 spot):
http://www.alexa.com/siteinfo/facebook.com
Trailing 3 months estimate:
Daily Time spend on the site increased 2%
Daily Page view increased 12.44%
I think I'm winning my bet with my friend that Facebook stock price will increase substantially in 5 years (had the bet when the price was around $27)
http://www.alexa.com/siteinfo/facebook.com
Trailing 3 months estimate:
Daily Time spend on the site increased 2%
Daily Page view increased 12.44%
I think I'm winning my bet with my friend that Facebook stock price will increase substantially in 5 years (had the bet when the price was around $27)
22-02-2014, 12:44 PM
Interesting acquisition by Facebook and it seems that traditional methods of company valuation no longer work with tech companies. Seems pretty much hyper inflated though.
Sent from my iPad using Tapatalk
Sent from my iPad using Tapatalk
22-02-2014, 02:05 PM
Aswath Damodaran's view on Facebook's WhatsApp purchase
http://aswathdamodaran.blogspot.com/2014...llion.html
http://aswathdamodaran.blogspot.com/2014...llion.html
25-02-2014, 10:10 AM
Well, one of the merits of Google gmail is to stay anonymous, while facebook is used differently. I can see the reason why Facebook email isn't as popular as Google gmail.
Facebook throws in towel on email
25 Feb 2014 06:53
[SAN FRANCISCO] Facebook, after unsuccessfully trying to get its users on its own email system, has thrown in the towel.
The social networking giant told AFP by email that it was giving up on email "because most people haven't been using their Facebook email address, and we can focus on improving our mobile messaging experience for everyone." The company launched its email service in 2010, and in 2012 prompted an outcry by changing the default address for messages to users' Facebook addresses.
The project was seen as an attempt to be a "Gmail Killer," by getting members of the biggest social network to switch email accounts, but Facebook now admits it did not work.
...
Ref: Business Times Breaking News
Facebook throws in towel on email
25 Feb 2014 06:53
[SAN FRANCISCO] Facebook, after unsuccessfully trying to get its users on its own email system, has thrown in the towel.
The social networking giant told AFP by email that it was giving up on email "because most people haven't been using their Facebook email address, and we can focus on improving our mobile messaging experience for everyone." The company launched its email service in 2010, and in 2012 prompted an outcry by changing the default address for messages to users' Facebook addresses.
The project was seen as an attempt to be a "Gmail Killer," by getting members of the biggest social network to switch email accounts, but Facebook now admits it did not work.
...
Ref: Business Times Breaking News