Mark Zuckerberg has just announced that Facebook reached a new milestone. There are now 2 billion people on Facebook every month.
"We're making progress connecting the world, and now let's bring the world closer together. "It's an honor to be on this journey with you," wrote Zuckerberg.
To celebrate this milestone, Facebook is launching a personalized video to "celebrate bringing the world closer together." You may see your video in your News Feed or by visiting Facebook.com/goodaddsup.
Facebook is looking at building out its own original TV shows, reportedly offering Hollywood studios up to $3 million per episode for original shows. The social network is looking at the 17 to 30 age range, with shows similar to ABC's own Pretty Little Liars, Scandal, or The Bachelor.
The social networking giant is going to be launching over 24 shows when it launches its TV shows later this year, and is now offering Hollywood bundles of cash for original TV shows at up to $3 million per episode, according to The Wall Street Journal. The future of business in this space is content heavy, something Facebook is fully aware of. We know that content rules, which is why Netflix, Apple, Amazon, Hulu, and many others make their own original TV shows... it's massive business, and Facebook is seeing this growing wave and is jumping onto its surfboard in a big way.
Snapchat is a big competitor for Facebook, as they've signed deals with the likes of DIsney, MTV, MGM, Time Warner, and A&E for original content. Snapchat isn't the same as Facebook and Netflix with full original TV series, but they will have episodes between 3 and 5 minutes long.
Facebook Live continues to evolve, with the social networking giant making some big changes to Live video that will make it much, much more social.
Facebook has announced Live Chat with Friends, and Live With features for Facebook Live videos. As TechCrunch points out, comment streams on popular Live videos are a gigantic mess, especially when there are hundreds and sometimes thousands of people typing comments at once, with Facebook saying there are ten times as many comments for Live videos than there are on normal videos.
There is a better way of dealing with this, so Facebook is getting you chat with friends while you're both watching Facebook Live videos. You can create a private chatroom where you can invite whoever you want, which is a great way of Facebook making Live video a much more personal experience. There's also a new feature that lets you go live with another person side-by-side, which is going to be great for interviews and collaborations.
Facebook has already pushed out Live With for all profiles and pages on iOS, while Live Chat with Friends is being tested in select countries, with a wider roll out later this year.
Facebook is stepping into the world of gaming and eSports streaming, announcing it has teamed with ESL to stream eSports content on Facebook.
The social networking giant will be streaming exclusive eSports events and content in six languages, all within the elite Rank S CS:GO competition. ESL will be bringing 5500 hours of eSports content to Facebook, as well as offering 1500 hours of exclusive eSports content for Facebook.
Facebook won't just have the Rank S CS:GO matches, but we will also receive ESL One and Intel Extreme Masters events as well - all livestreamed in English, French, Spanish, Portuguese and German. The social networking giant will also be making an original 30-minute Facebook Live series that will look back at previous CS:GO match highlights, showcasing top players as well as up and coming players.
Facebook has plenty to smile about for the first 3 months of 2017, with the company releasing their first quarterly earnings for the year.
The social networking giant now has 1.94 billion monthly active users, which is around 300 million more people on Facebook since this time last year. There are now an average of 1.28 billion people who use Facebook each and every day.
On the money side of things, Facebook raked in a sizeable $8 billion in revenue, a 49% increase from the same period of 2016. Facebook made just over $3 billion in net profit, representing a massive 76% increase in profits. Most of this comes from mobile advertising, which represents close to 85% of Facebook's advertising revenue.
Back in March, Facebook introduced Reactions for Messenger, and now the company has added ability to respond to Facebook comments with like, love, haha, wow, sad and angry.
"We've heard from people they'd like more ways to show their reaction in conversations on Facebook, so we're rolling out the ability to react to comments," a Facebook spokesperson said in a statement.
It appears that this feature isn't available to everyone yet, but is slowly rolling out globally.
Instagram announced that as of April 26th this social platform has more than 700 million users. The Facebook-owned company added that the last 100 million Instagrammers joined faster than ever before.
In December of last year, the company reached 600 million users, meaning that 100 million people joined Instagram in less than five months.
This milestone is a huge success for Instagram who has managed to double the number of its users in just two years.
Facebook is already creepy, where even just yesterday one of my personal messages sent through Messenger had been flagged as 'malicious content', even though I said 'all of your videos are great' to a YouTuber - but hey, their latest idea on reading your mind should be secure.
During a Q&A session, Facebook CEO and founder Mark Zuckerberg said: "One day, I believe we'll be able to send full rich thoughts to each other directly using technology. You'll just be able to think of something and your friends will immediately be able to experience it too if you'd like".
But Business Insider has discovered a few job listings for Facebook's super-secretive 'Building 8' group, which is teased as a project that uses "neuroimaging" and "electrophysiological data" in order to create the "communications platform of the future".
I like the sound of that convenience, but I don't like the idea of one of the largest companies in the world having access to my thoughts - and knowing if they're hacking in as easily as you can into one of Intel's U-series laptops with a USB 3.0 stick.
Facebook loves to get to know its users, so it purchases offline financial information on you from 6 of its data partners in the US: Acxiom, Epsilon, Experian, Oracle Data Cloud, TransUnion and WPP.
With this information, Facebook knows about users' household income, and much more. The social network buys the offline data, mixing it with the data it collects on your online activity. Facebook uses the blend of information to customize advertising for you on Facebook, with ProPublica "reports 29,000 categories are offered to advertisers, with 600 filled with third-party data", reports NextPowerUp.
Is there anything Facebook doesn't know about you? Considering its founder Mark Zuckerberg tapes up the webcam on his laptop, I wouldn't put it past them.
In a series of Tweets where Twitter's CEO Jack Dorsey had been soliciting user feedback, the CEO indicated that Twitter is seriously considering the ability to edit tweets.
Following in the footsteps of Brian Chesky: what's the most important thing you want to see Twitter improve or create in 2017? #Twitter2017— jack (@jack) December 29, 2016
As anyone who tweets knows, you currently must delete a tweet to fix any typographical errors, which is both a blessing and a curse. For celebrities and politicians, they can easily be caught making mistakes while regular users constantly delete tweets to fix minor mistakes.