When in December last year Facebook acquired location sharing service Gowalla for an undisclosed sum, speculations were ripe that Facebook was planning to improve its Timeline feature by buying this company, and how right they were. Today in a...
This year has resulted as the golden year in social media history. Social networking sites – Facebook, Twitter, LinkedIn, and Foursquare etc. - have grown exponentially. Their revenue as well as user base have appreciated above market expectation. Also,...
Location sharing service – later turned into online travel guide – Gowalla has been bought by Facebook for an undisclosed amount, confirmed by sources. The deal has yet not been confirmed by any of the company spokesmen officially but...
Facebook has decided to implement a new feature in it's addictive social networking site called “Places” which allows FB users to share their locations with friends & relatives. With this, the company has extended its reach into the real world from the virtual one at a time when there is significant concerns about privacy, which caught it in the wrong foot. Facebook however. expects acceleration in sales ad revenue with Places.
