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Facebook Acquires Video Gaming Company PlayGiga

Social media giant Facebook has acquired cloud based video gaming firm PlayGiga.

Adobe Acquires Oculus VR Tool Medium from Facebook

Facebook owned VR firm Oculus announced that it has sold its 3D VR model building tool Medium to Adobe.

Facebook Acquire VR Studio ‘Beat Games’

Facebook owned Oculus, which makes Rift and Quest VR headgear acquire Prague-based Beat Games.

Facebook Launched Unified Payment System for Messenger, Instagram, WhatsApp

Facebook launched a common money transaction system for payment and donation at Messenger, Instagram, WhatsApp.

Facebook Profit Climbs Even After Criticism over Data

Leading Social media platform Facebook posted profit topped $6 billion on revenue that climbed 28 percent to $17.4 billion.

Facebook Acquires Startup Working on to control Computers Using Brain

Social media platform Facebook acquires CTRL Labs, a startup Working on to control computers using Brain.

Facebook Stop News Headline changes from Advertisers

Facebook is working to stop advertisers from changing headlines in links to news stories after concerns raised by a British political party’s altering of one such link.

Facebook Offering Millions for News Publishing

Facebook trying to pay millions of dollars to News publishers for the rights to publish their material on its social media platform.

Facebook agrees to pay $5 billion Penalty for privacy violations

Facebook agreed to pay a whopping $5 billion to the Federal Trade Commission as a penalty for sharing details of its users to the third party.

Federal Reserve to study Facebook virtual currency

US Federal Reserve makes a group with government agencies and other central banks to discuss the implications of Facebook’s planned virtual currency Libra,