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Watch the keynote for Facebook's Developer Conference right here
Today is the first day of F8, Facebook's Developer Conference, which is where Zuckerberg and Co often reveal their plans for developers in the coming year. As recent news indicate, get ready for more details about Facebook's plans for live video and Messenger -- specifically chatbots -- and we won't be surprised if we hear more news about the recently released Oculus Rift either. If all of that rocks your boat, you can go ahead and watch the livestream right here in the video below. Tune in at 10 a.m. PT / 1 p.m. ET to catch the whole thing.
Zuckerberg denies that his new organization is a tax dodge
Mark Zuckerberg is well aware that a lot of people think he's giving away $45 billion worth of Facebook shares to dodge taxes. That's why he's taken to Facebook yet again to clarify that the Chan-Zuckerberg Initiative is a limited liability company (LLC) and not a traditional charitable organization. The difference? By setting up an LLC, Mark and Dr. Chan won't be able to take advantage of tax deductions and can only get tax breaks if they donate money to charities. As Zuckerberg seems to imply in his post, if he really wanted a way to dodge taxes, he'd have set up a traditional foundation instead.
Facebook continues to make most of its money from mobile
Facebook's bet on mobile continues to pay off in absolute spades. The first quarterly earnings report of the year from Zuckerberg and crew lay testament to that, showing that a whopping 73 percent of its $3.32 billion in ad revenue now comes from mobile alone (Total revenue for the quarter was $3.54 billion). Its number of mobile users is also on the rise -- out of Facebook's 1.44 billion monthly active users,1.25 billion are on mobile, which is up 24 percent from this time last year. Perhaps more impressive is that the number of daily users -- ie. its most engaged audience -- has gone up as well; 936 million people visit Facebook everyday, with 798 million of them logging in from their phones.
Zuckerberg: betting on HTML 5 for Facebook mobile app was a 'mistake,' native Android version on the way
Remember the days before Facebook's iOS app ditched HTML 5 and sped things up with some native code? It turns out that there's some regret in Menlo Park about relying on the web markup language. Betting on HTML 5 for the app is "one of the biggest mistakes if not the biggest strategic mistakes we've ever made," Mark Zuckerberg said in an interview at TechCrunch Disrupt today. The firm's CEO also mentioned that new features will be making their way to the app and a snappier Android version is coming down the pike "when it's done."
Facebook App Center goes full circle, rolls out to all users worldwide
While Mark's network had already flipped the App Center switch in a number of parts around the globe, there was still a large chunk of its abundant user base missing out on the recently unveiled application hub. That's all about to change starting today, however, as a Facebook rep has announced on Twitter the social app shop is now available to every single one of its signees worldwide. In other words, this means now you'll have yet another thing to keep track of during your daily internet browsing routine.
Facebook posts first earnings as a public company: $1.18 billion in revenue, 955 million users
Facebook revealed its Q1 earnings in an SEC filing leading up to its big IPO earlier this year, but it's now officially out with its first earnings report as a public company. For Q2 of 2012, it brought in $1.18 billion in revenue, up 32 percent year-over-year and slightly better than what analysts were expecting, while GAAP net income sat at a loss of $157 million (down from a profit of $240 million a year ago). Looking at things on a non-GAAP basis, though, net income is actually up from $285 million to $295 million. What's more, the company also confirmed that it has 955 million monthly active users (or what it calls MAUs) as of the end of June, up 29 percent year-over-year. As you can see in the chart after the break, those users are distributed fairly evenly across the world, including 186 million in the US and Canada, 246 million in Europe, 255 million in Asia, and 268 million elsewhere. Daily active users totaled 552 million for the same time period, up 32 percent year-over-year, while mobile users now stand at 543 million, up 67 percent from last year. Not surprisingly, a huge chunk -- 84 percent -- of the company's revenue comes from advertising, which brought in $992 million for the quarter, an increase of 28 percent from last year. That apparently wasn't enough to please investors, though, who have sent the company's stock to a new low of less than $25 (down over ten percent) in after hours trading. Update: Expectedly, the ever-recurring topic of a Facebook phone came up during the Q&A portion of the company's earnings call, and CEO Mark Zuckerberg didn't avoid the issue entirely. While not completely dismissing recent rumors of an HTC-built, Facebook-branded phone, Zuckerberg did say that building a whole phone "really wouldn't make much sense for us to do," which should put at least a bit of a damper on some of the hype.
Facebook brings bigger images and text to its news feed, because size does matter
Not long after hooking up its mobile site and apps with a minor facelift, Facebook's reportedly planning to bring a similar redesign to its full-sized website. According to our friends over at TechCrunch, the changes will be nearly identical to those we saw on the mobile front, meaning you'll be able see bigger photos (up to twice as large) and text pop up on your cherished news feed. The light, but plentiful revamp is expected to hit users over the next few days, so don't feel like the odd one out if you've yet to spot any tweaks. Now, if only you had that SimCity Social to help pass the time while you patiently wait...
Facebook reportedly back to building phones, recruiting former iPhone engineers
If the HTC Status' dedicated Facebook button fell shy of satisfying your obsessive social networking needs, sit tight: the house of Zuckerberg may be building a slab of tech just for you. According to the New York Times Bits blog, those old Facebook phone rumors are making a comeback. A handful of Facebook employees and engineers familiar with the matter reportedly say that the firm is collecting former Apple engineers, specifically, ones that worked on the iPhone and iPad. Like Zuckerberg said, mobile is the company's top focus, and one employee says the man at the top is afraid of getting overlooked in a sea of apps. "Mark is worried that if he doesn't create a mobile phone in the near future that Facebook will simply become an app on other mobile platforms." Facebook has focused on deep integration with other devices for some time, but a dedicated handset could take the freshly public company in new directions. Reports suggest that the rumored device is still in its infancy, and there's no word on form factor or OS, of course. Up for some speculation? Check out the source link below for Bits' full take.
Facebook sets sights on Instagram users with photo filter integration
What now Instagram? You wouldn't sell to Facebook and now ol' Zucks is moving on without you. That's right, friends... the social network genius himself is scheming alongside his engineers to integrate photo filters within the company's mobile application. The CEO hopes to lure users away from the popular photography app and keep them tethered to his site via mobile handset. Apparently the tech has been ready for a bit, but the boss wants his team to add more editing options before the feature is released into the wild.
Facebook granted patent for tagging digital media
It's taken the US Patent and Trademark Office four and half years to consider it, but Facebook now finally has a patent on one of its central features: photo tagging. Applied for in October 2006 and just granted this week, this legal doc gives Mark Zuckerberg and a couple of his buddies credit for designing a method for identifying users in "a selection of an item of digital media." That could be photos, video, audio, or text -- the main drive of the patent is that it lets people associate a given chunk of media with a person and inform others of this association. The wording of Facebook's claims is rather specific -- you have to, for example, allow the identified person the opportunity to reject the identification -- so having this patent need not necessarily preclude other sites like Flickr from engaging in similar, but not identical, behavior.
Facebook's Open Compute Project shares plans for energy-efficient data center
We know, you've seen an awful lot of Zuckerberg and crew here lately, and the Facebook news just keeps rolling in. This time the social networking giant is doing some sharing of a different sort by offering public access to the specifications and best practices behind its new, more efficient data center in Prineville, Oregon. According to the company, the center, built in collaboration with AMD, Dell, HP, and Intel, has boosted energy efficiency by 38 percent while lowering cost by 24 percent. The information now available through the Open Compute Project includes technical specs and mechanical CAD files for everything from servers to building design. Basically, if you want to erect your own multi-million dollar Facebook-style data center, you've got the go ahead. Full PR after the break.
President Obama to appear at Facebook HQ for Town Hall meeting
Looks like President Obama and Facebook founder Mark Zuckerberg just can't get enough of each other. Just two months after his tech industry schmooze fest, the White House has announced the Commander in Chief's plans to hold a live streaming Town Hall meeting from Facebook HQ with Zuckerberg and COO Sheryl Sandberg. The event is set for 1:45PM PST April 20th, and already has 3,400 attendees lined up. Users are encouraged to submit their questions about innovation and the economy via the event's Facebook page, and the comments are already rolling in. Somehow, though, we don't think this is the sort question he's likely to answer: "Dear President Obama, could we please be friends?" Sorry, Carolina.
Heads of Google, eBay, Facebook and Twitter will advise G8 summit on how to search, sell, poke and RT
So what if Barack Obama managed to bring the vast majority of US tech leaders in for a private meeting recently? Nicolas Sarkozy can do it too! The French président and soon-to-be host of the next G8 gathering is said to be preparing some rather handsome invitations to Mark Zuckerberg, Eric Schmidt and a few other big timers from the internet in order to discuss the world wide web's future direction. The input from these web sages is to be filtered down into a volume of extremely precious wisdom, which is to then be conveyed to the multinational meeting taking place in Deauville near the end of May. Sarkozy just needs to make sure the other seven participating nations don't object before sending out the official invites. We have a pretty good idea of what Eric Schmidt thinks our future will involve, but Zuckerberg and the others? That'll be interesting to hear.
Caption Contest: Obama has dinner with tech industry CEOs
Barack Obama is a president well known for being in touch with technology, so it's no surprise to see him wining and dining the industry's biggest decision makers. Larry Ellison, Eric Schmidt, Carol Bartz, Mark Zuckerberg, and yes, even Steve Jobs joined el presidente for an informal dinner on Thursday to discuss important things like jobs, education, and research spending. We're not here for that, though, we're here to drop zingers about one all-powerful dude and his big-time CEO buddies. Thomas: "Here's to project Soylent Green." Joe: "This sure beats the Four Loko Summit we held last summer on the White House lawn." Chris: "So let's just jam through this dinner real quick." Josh T: "I hope no one authorizes a 'kill switch' on this party." Paul: "At this very moment we're millions of miles from a doomed planet Earth!" Nilay: "Gentlemen, Ballmer has neutralized the Finnish threat." Richard Lai: "Drink up, kids -- it's Dance Central time!" Tim: "Zuck, it's like Final Club, except with the President."
Gemalto puts Facebook on a SIM chip, Zuckerberg's plan for world domination coming along nicely
Smart card guru Gemalto is going to help Mark Zuckerberg take over the world! Ok, not really, but the company has made it possible to put Facebook on just about every GSM phone on earth by running it on a SIM chip. This allows every poke, friend request, and wall post to be transmitted by SMS -- meaning no data plan required -- so that the non-smartphone crowd can access Facebook on the go too. Gemalto, using only the brightest and most creative marketing minds out there, has named the solution "Facebook for SIM." Users get a free trial for an undisclosed period of time before a subscription for the service becomes necessary -- carriers are positively salivating at the prospect of all that extra SMS traffic lining their already deep pockets, no doubt. We knew that Mark had big plans for putting Facebook on phones, but we didn't figure that dumbphones would get to join in the social networking fun. Finally, a chicken in every pot and a Facebook phone (or three) in every home.
CE-Oh no he didn't!: Facebook's Mark Zuckerberg says 'the iPad's not mobile... it's a computer'
Facebook's mobile event today may not have had the revelations many were expecting, but CEO Mark Zuckerberg did drop a bomb of sorts in the Q&A at the end. Responding to a question about a possible Facebook iPad app, Zuckerberg shot back by saying that "the iPad's not mobile... it's a computer." Of course, he did quickly clarify that he didn't mean to be rude to Apple, and added that "we all love Apple products," the iPad just "isn't mobile in the same way."
Facebook phone rumors resurface, Mark Zuckerberg fails to deny them
Let's try to untangle this Facebook mobile phone mess, shall we? Mark Zuckerberg has recently sat down with Michael Arrington of TechCrunch -- the source of the original rumor -- to try and dispel some of the confusion that has arisen as a result. The first thing the Zuckmeister says is that Facebook isn't looking to build its own OS or hardware and is absolutely opposed to competing with the likes of the iPhone and Android. What Zuckerberg wants is deeper social integration, positing the question, "What could we do if we also started hacking at a deeper level?" While there'll be no single answer or solution for all phones, Mark firmly believes that social elements have to be designed in from the start: On phones we can actually do something better. We can do a single sign-on if we do a good integration with a phone, rather than just doing something where you go to an app and it's automatically social or having to sign into each app individually. Those are the two options on the web. Why not for mobile? Just make it so that you log into your phone once, and then everything that you do on your phone is social. Notably, he fails to deny rumors of such deeply integrated devices being in the pipeline, and Bloomberg has trotted out a trio of insider sources who claim INQ Mobile has been engaged to produce two smartphones with just that purpose in mind -- you know the same INQ that already makes Facebook-heavy handsets, so this could very well be little more than a rebrand. One is said to feature a QWERTY keypad and a touchscreen while the other is an all touch affair, and both are reputedly headed for an early 2011 launch in Europe, followed by a late 2011 arrival in the USA. AT&T is the carrier that's closest to picking them up, we're told, though deals haven't been finalized on what could be sub-$100 phones after subsidies are distributed. So, whatever happens, we're staring down the barrel of a couple of glorified featurephones with deep social integration. Kin 2.0, anyone? Anyone?
