Facebook is inviting members of the press to attend a mystery event on Thursday, June 20 at its Menlo Park, Calif. headquarters, where the company promises to unveil a new product.
The invitation, sent via snail mail according to ABC News, reads: "A small team has been working on a big idea. Join us for coffee and learn about a new product."
Facebook confirmed the event with CNET but would not provide additional details.
So much for the honeymoon.
Sean Parker -- Napster co-founder, first Facebook president, portrayed on the big screen by Justin Timberlake -- had expected to spend early June relaxing with his longtime girlfriend and new bride, Alexandra Lenas.
Instead, the newlyweds and their newborn are holed up at an undisclosed location in Menlo Park, Calif., while Parker works the phones to get out his side of a story he describes as "simultaneously the silliest and the most damaging PR crisis that I've had to deal with."
If you've missed the uproar, just Google "Sean Parker … Read more
Google is expected to sell more mobile ads this year than the rest of its competitors combined for the second straight year, according to a new forecast.
The Web giant will generate $8.8 billion in revenue from mobile advertising this year after paying commissions to its ad partners, a 92 percent increase over the previous year, according to a forecast released Thursday by research firm eMarketer.
Mobile ad sales are expected to hit nearly $16 billion this year, meaning Google will have a 56 percent share. Google sold $4.6 billion in mobile ads in 2012, capturing 52 percent … Read more
A seemingly benign promo video for the U.S. ambassador to Pakistan, which was posted to Facebook on Wednesday, has sparked some angry commenter back-and-forth on the social network.
It appears that it's not necessarily what's in the video that bothers Pakistanis, but rather the reminder of the U.S. presence in Pakistan at a time when relations between the two countries are clearly strained.
The video, "Sunday in Islamabad with Ambassador Olson," shows the ambassador donned in a pink button-up and khaki slacks cruising around Pakistan's capital city chatting with people, sampling the local … Read more
Facebook is removing sponsored results from search less than a year after the ad unit's introduction.
"In keeping with the goal of streamlining our ad products, starting in July advertisers will no longer be able to buy sponsored results," a Facebook spokesperson told CNET.
The failed unit, which let marketers target users during the search process, suggests that the company is still struggling to understand how best to monetize search attention, something that competitor Google mastered long ago. Sponsored results seemed to be modeled after Google's sponsored search ads. As a user typed in a query … Read more
There are times you want to treat a friend to a scoop of ice cream, but quickly getting a gift card into his possession isn't always possible. And you don't always know if your gift was actually used, since there's no alert mechanism to notify you when a gift card has been redeemed.
A free iOS app, called Vouchr, will allow you to create a gift certificate (of sorts) and let any of your Facebook friends claim it when they visit a location you've specified. Originally launched in a small beta just in Canada, it's … Read more
When an Apple rep initially contacted eBay about developing a proprietary app back in 2008, the latter hadn't even heard of the iPhone or Objective-C. But seeing the potential of mobile software, a number of eBay employees believed that developing a mobile app would profit the global commerce and payments leader in the long run. In early 2009, they began raising funds for the formation of a mobile-specific group and commissioned an outside company to build the first eBay app.
Many software releases later, the app has helped the largest online marketplace blast off into mobile commerce, as eBay'… Read more
Wrapp, the company that lets Facebook friends send digital gift cards to one another, has picked up $15 million from investors in the mobile manufacturing and mobile payments industries.
The money is going toward the development of the app's latest feature: brand pages. Users can now follow a brand for special deals for themselves.
"The whole idea with Wrapp is to build a win-win relationship between consumers and retailers," CEO Hjalmar Winbladh told CNET. Wrapp will start to add other features as well, he said.
The company is truly mobile first, according to Winbladh. Wrapp users access … Read more