cross pond high tech
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Facebook IPO versus Snap IPO

Facebook IPO versus Snap IPO | cross pond high tech | Scoop.it
Just looking at numbers :)It’s probably irrelevant to compare those two separeted events. 5 years have passed, there are two times more smartphones and Facebook has successfully managed to become a highly growing & profitable company through incredible strategic moves: Instagram, Oculus, Whatsapp just to name a few.In May 2012, Facebook was valued 104 billions, after having raised 2.5B in venture capital and 16B at the IPO. Many people said it was overvalued. Now it’s easy to say it, but I remember at the time how impressed I was by the moves of Mark Zuckerberg and how obvious it felt to me that Facebook would be worth more than 200B in less than 2 years. It actually happened. And it’s now worth close to 400B.
Philippe J DEWOST's insight:
Must read analysis by Kima's Jean de la Rochebrochard for those who like me are still puzzled by the next mega-IPO
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Inside Facebook’s new “Area 404” hardware lab

Inside Facebook’s new “Area 404” hardware lab | cross pond high tech | Scoop.it
This is where Facebook will prototype its solar drones, Internet-beaming lasers, VR headsets, and next-gen servers.The problem with moving faster than most companies is that Facebook was plagued by delays whenever it had to outsource prototyping and testing of its gadgets and gizmos. With so much hardware on its 10-year roadmap, and quarter after quarter of profits stacking up, it made sense to build a dedicated laboratory within its Menlo Park headquarters.
Philippe J DEWOST's insight:
An internet / software giant reminds us, at scale, that #HardwareIsNotDead
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17 charts that show just how scary Amazon's $275 billion business really is

17 charts that show just how scary Amazon's $275 billion business really is | cross pond high tech | Scoop.it

Most people think of Amazon as an online shopping store, but it's actually much more than that.

Over the past 22 years, Amazon has turned itself into a $275 billion juggernaut that sells everything from cloud-computing services to its own hardware gadgets.

It will even be making approx $10 Bn in revenue this year from its cloud computing enterprise services.

These 17 charts show just how scary its business really is.

Philippe J DEWOST's insight:

Which of these charts is the most surprising / amazing to you ?

(I picked and display #13 as the growth of AWS is to me absolutely astounding and beyond imaginable proportions)

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Agrupa Consultores's curator insight, March 31, 2016 3:23 AM

Which of these charts is the most surprising / amazing to you ?

(I picked and display #13 as the growth of AWS is to me absolutely astounding and beyond imaginable proportions)

Daphne L Kinzig's curator insight, March 31, 2016 1:17 PM
Considering the way I purchase from Amazon, it's no surprise how big the company has grown.  It is my go to for most everything if I can wait two days for prime shipping.    Cloud computing growth - interesting...

Considering the way I purchase from Amazon, it's no surprise how big the company has grown.  It is my go to for most everything if I can wait two days for prime shipping but must be most economical as well.   Cloud computing growth - interesting & amazing! 

 
Daphne L Kinzig's curator insight, March 31, 2016 1:21 PM
Considering the way I purchase from Amazon, it's no surprise how big the company has grown.  It is my go to for most everything if I can wait two days for prime shipping.    Cloud computing growth - interesting...

Considering the way I purchase from Amazon, it's no surprise how big the company has grown.  It is my go to for most everything if I can wait two days for prime shipping but must be most economical as well.   Cloud computing growth - interesting & amazing! 

 
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Facebook se convertit aux satellites avec Eutelsat

Facebook se convertit aux satellites avec Eutelsat | cross pond high tech | Scoop.it

Quand on parle des projets pour connecter la planète,  on pense généralement aux ballons dirigeables (Project Loon) ou bien aux drones  que  les  géants du Web tentent depuis quelques années de mettre sur orbite . Mais il  y a finalement plus simple lorsqu’on cherche à offrir un accès Internet aux  régions les plus reculées du monde : le satellite. La solution est certes  moins sexy que les drones, mais elle pourrait s’avérer très efficace.

C’est en tout cas ce que semble croire Facebook. Le réseau  social vient de signer un partenariat avec l’opérateur de satellites Eutelsat,  dont le siège est basé à Paris, pour favoriser le déploiement d’Internet en  Afrique. Le « deal » s’inscrit dans l’initiative Internet.org de Facebook, qui  vise à accélérer l’accès à la connectivité, là où il est restreint.

Les deux sociétés ont conclu un accord pluriannuel  avec le groupe Spacecom, qui va lancer un satellite géostationnaire (AMOS-6) au  premier trimestre 2016, pour couvrir une grande part de l’Afrique  sub-saharienne. Selon le contrat, Eutelsat et Facebook pourront utiliser la  totalité de la charge utile haut débit de l'appareil pour proposer des services  Internet dans quatorze pays, dont le Sénégal, la Côte d’Ivoire, le Kenya, le  Nigeria et l’Afrique du Sud.

Philippe J DEWOST's insight:

"Et si le vrai luxe, c'était l'espace?" clamait une publicité automobile au siècle dernier... Quand on voit le taux d'usage des réseaux sociaux dans les pays en développement on comprend l'enjeu pour Facebook.

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Facebook’s cold storage system : the full-stack approach to efficiency

Facebook’s cold storage system : the full-stack approach to efficiency | cross pond high tech | Scoop.it

Two billion photos are shared daily on Facebook services. Many of these photos are important memories for the people on Facebook and it's our challenge to ensure we can preserve those memories as long as people want us to in a way that's as sustainable and efficient as possible. As the number of photos continued to grow each month, we saw an opportunity to achieve significant efficiencies in how we store and serve this content and decided to run with it. The goal was to make sure your #tbt photos from years past were just as accessible as the latest popular cat meme but took up less storage space and used less power. The older, and thus less popular, photos could be stored with a lower replication factor but only if we were able to keep an additional, highly durable copy somewhere else.

 

Instead of trying to utilize an existing solution — like massive tape libraries — to fit our use case, we challenged ourselves to revisit the entire stack top to bottom. We're lucky at Facebook — we're empowered to rethink existing systems and create new solutions to technological problems. With the freedom to build an end-to-end system entirely optimized for us, we decided to reimagine the conventional data center building itself, as well as the hardware and software within it. The result was a new storage-based data center built literally from the ground up, with servers that power on as needed, managed by intelligent software that constantly verifies and rebalances data to optimize durability. Two of these cold storage facilities have opened within the past year, as part of our data centers in Prineville, Oregon, and Forest City, North Carolina.

Philippe J DEWOST's insight:

Facebook adds 2 Bn pics every day : their full-stack approach on cold storage operating at 25% the power of conventional storage servers  is both fun and fascinating to read.

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How Facebook Moved 20 Billion Instagram Photos Without Anybody Noticing

How Facebook Moved 20 Billion Instagram Photos Without Anybody Noticing | cross pond high tech | Scoop.it

This spring, even as some 200 million people were using Instagram on their smartphones, a small team of engineers moved the photo sharing service from Amazon’s cloud computing service—where it was built in 2010—into a data center operated by Facebook, which bought Instagram in 2012. “The users are still in the same car they were in at the beginning of the journey,” says Instagram founder Mike Krieger, “but we’ve swapped out every single part without them noticing.”

Facebook calls it the “Instagration,” and it was an unprecedented undertaking for Mark Zuckerberg and company. Facebook has moved other acquired properties like FriendFeed into its data centers, but typically, they were small projects that involved shutting a service down before moving it into the Facebook universe. The Instagram switch was the live migration of an enormous—and enormously popular—operation. “The service couldn’t take any disruption,” says Facebook engineer George Cabrera. Facebook won’t say how many virtual machines were needed to run Instagram on Amazon, but it was in “the thousands.” And the service now stores over 20 billion digitals photos.

 

For Instagram, the move was a way of more effectively plugging into a wide range of computing tools that have long helped drive Facebook’s vast online empire. And for the engineers overseeing Facebook’s worldwide network of data centers, it’s a template for merging their operation with applications the company may acquire in the years to come. “We were patient zero,” Krieger says. But the “Instagration” also provides a lesson or two for the broader tech community as it builds more and more apps atop cloud computing services like Amazon—apps they might one day migrate to private data centers. The key to the migration was a specialized Amazon service known as the Virtual Private Cloud.

Philippe J DEWOST's insight:

fascinating article about #Instagration — "The users are still in the same car they were in at the beginning of the journey, but we’ve swapped out every single part without them noticing." 

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Infographic: YouTube and Facebook Account for a Third of Mobile Web Traffic

Infographic: YouTube and Facebook Account for a Third of Mobile Web Traffic | cross pond high tech | Scoop.it

According to a new report from Sandvine, YouTube and Facebook account for roughly one third of mobile traffic in North America during peak periods. HTTP, the protocol used for simple web browsing, is ranked third, accounting for 12.6% of mobile traffic. 

The Top 10 are comprised of many popular apps/services and account for a combined total of 77%. The remaining 23% percent are accounted for the huge long tail of mobile apps available.

Philippe J DEWOST's insight:

No comment.

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Facebook's Desktop Business Is In Decline

Facebook's Desktop Business Is In Decline | cross pond high tech | Scoop.it

Desktop revenue was up barely on an annual basis but is a dramatically declining portion of Facebook's entire business. It's basically flat — and there are no signs of recovery : desktop usage has never gone above its 2012 peak.
Mobile, however, is growing

Philippe J DEWOST's insight:

Mobile first. And very interestingly low ARPU levels.

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Facebook's Open Compute guru Frank Frankovsky leaves to build optical storage startup

Facebook's Open Compute guru Frank Frankovsky leaves to build optical storage startup | cross pond high tech | Scoop.it

Frank Frankovsky, Facebook’s vice president of hardware design and supply chain optimization, who helped oversee the development and growth of the company’s custom server effort, has left the social networking company to form his own as-yet-unnamed startup that will focus on building optical storage for the enterprise.

In an interview, Frankovsky said he had resigned from Facebook last week to pursue this idea. Meanwhile, Jason Taylor, Facebook’s director of infrastructure, has assumed responsibility for the hardware design and supply chain teams at Facebook and will continue working with the Open Compute Project on Facebook’s behalf.

Taylor has been overseeing much of that work for the last year, according to Facebook, and he will also be joining the Open Compute Foundation board along with Bill Laing, corporate VP of Cloud and Enterprise at Microsoft. This brings the OCP Foundation board from five to seven participants. Frankovsky, who will remain chairman and president of the OCP board, will stay as an independent member.

Philippe J DEWOST's insight:

Hardware is not dead. It is just evolving #OCP

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The Amazing Drones Mark Zuckerberg Wants To Use To Beam Internet To The Entire World

The Amazing Drones Mark Zuckerberg Wants To Use To Beam Internet To The Entire World | cross pond high tech | Scoop.it

Facebook is reportedly in talks to buy a drone company called Titan Aerospace for $60 million, according to TechCrunch. 

The idea is that Facebook could use the drones to bring Internet access to parts of the world that still need it, as part of Mark Zuckerberg's goal to bring the web to the entire world, through the Internet.org initiative.

It's similar to Google's plan to use balloons to beam Internet access to countries that don't have the infrastructure for broadband Internet. And it behooves both companies to get as many new people online as possible using their services instead of a potential rival's.

So what do we know about these drones?

The drones are covered in solar panels, which store enough energy to lift the craft 20 kilometers above sea level. The drones can stay aloft for five years before having to land or refuel.
Philippe J DEWOST's insight:

Drones are balloning now. Interesting questions ahead for the FAA and other regulators: who is in charge of avoiding collision routes 20 km above sea level?

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Emmanuel HAVET's curator insight, March 5, 2014 9:07 AM

Il va y avoir du monde sur le FL600. Quel sera le contrôle aérien ?

Herminia ALEMANY PEREZ's curator insight, March 8, 2014 10:00 PM

FACEBOOK  le drone solaire et Internet pour tous,  une solution alternative au super ballon de GOOGLE 

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Visualizing 15 Years Of Acquisitions By Apple, Google, Yahoo, Amazon, And Facebook

Visualizing 15 Years Of Acquisitions By Apple, Google, Yahoo, Amazon, And Facebook | cross pond high tech | Scoop.it

You grow old, you slow down, and you die. That is, unless you can inject some fresh blood. After watching the last generation of tech giants wither or..

Philippe J DEWOST's insight:

Proud to be somewhere in this GAFAY shopping spree. This chart would be even more interesting in % of market cap...

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Social Login Trends Across the Web for Q4 2013 | Janrain

Social Login Trends Across the Web for Q4 2013 | Janrain | cross pond high tech | Scoop.it

During the past five years, the ability to register and log in on websites with a social network or email identity has become increasingly prevalent. In fact, 90% of people have encountered social login before, and more than half of people use it. Because it makes the account creation and login process so much faster and easier and eliminates the need to remember yet another username and password, it’s no surprise that social login has become so popular.

 

But which networks are people most likely to choose? How do these preferences differ based on the type of sites people visit? We all use multiple social networks for different purposes. Facebook is generally where we interact with our close friends and family. LinkedIn is where we maintain our professional persona. Google+ lets us do both, by letting us organize our social graph and content we share into circles. We use Twitter to follow influencers, share opinions, and read about topics of interest. And Gmail, Yahoo and Microsoft are our primary means of privately communicating with others via email.

 

For four years, Janrain has published quarterly reports to shed light on consumer preferences for social login, with data aggregated from the websites that use Janrain. The key takeaway, above all else, is that people want choice. In other words, there is not a single identity provider to rule them all.

Philippe J DEWOST's insight:

Interestingly, the real "camembert" does not match what I thought it would look like. My techdom bias would have led me to expect to a smaller G+ and a quite larger Twitter & LinkedIn share...

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Facebook Is Close To Buying Israeli Startup Waze For $1 Billion

Facebook Is Close To Buying Israeli Startup Waze For $1 Billion | cross pond high tech | Scoop.it

Waze and Facebook partnered in October 2012 when Waze released its updated version that allows users to share their drive with their Facebook friends.


This would be Facebook's third acquisition in Israel. It bought Snaptu in 2011 for $70 million and Face.com in 2012 for $60 million.


In the last year, Waze tripled its user base to 45 million and in March alone, 1.5 million users downloaded the free mobile navigation app, Calcalist said.

Philippe J DEWOST's insight:

the deal would clearly not be for the userbase per se, so it has to be about engagement or part of a bigger plan. I just hope this won't change Waze's service too much as I find it amazing.

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Inside the test flight of Facebook’s first internet drone

Inside the test flight of Facebook’s first internet drone | cross pond high tech | Scoop.it
At 2AM, in the dark morning hours of June 28th, Mark Zuckerberg woke up and got on a plane. He was traveling to an aviation testing facility in Yuma, AZ, where a small Facebook team had been working on a secret project. Their mission: to design, build, and launch a high-altitude solar-powered plane, in the hopes that one day a fleet of the aircraft would deliver internet access around the world.Zuckerberg arrived at the Yuma Proving Ground before dawn. “A lot of the team was really nervous about me coming,” Zuckerberg said in an interview with The Verge. A core group of roughly two dozen people work on the drone, named Aquila (uh-KEY-luh), in locations from Southern California to the United Kingdom. For months, they had been working in rotations in Yuma, a small desert city in southwestern Arizona known primarily for its brutal summer temperatures.On this day, Aquila would have its first functional test flight: the goal consisted of taking off safely, stabilizing in the air, and flying for at least 30 minutes before landing. “I just felt this is such an important milestone for the company, and for connecting the world, that I have to be there,” Zuckerberg says.
Philippe J DEWOST's insight:
141 Feet wingspan, 900kg, 2000 Watts, 2 years only : #hardwareisnotdead ...
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Aquila's First Flight

The internet provides information, opportunity and human connection, yet less than half the world has access. We’re proud to announce the successful first test flight of Aquila, the solar airplane we designed to bring internet access to people living in remote locations. This innovative plane has the wingspan of an airliner but weighs less than a small car and flies on roughly the power of three blow dryers

Philippe J DEWOST's insight:

Solar Impulse, meet AI. Facebook's Aquila looks extremely promising and progressing quite fast. Besides, it confirms how serious its Building 8 Division is about leveraging and reinventing hardware to close the loop with software and services.

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Google and Facebook Team Up to Open Source the Gear Behind Their Empires

Google and Facebook Team Up to Open Source the Gear Behind Their Empires | cross pond high tech | Scoop.it

Half a decade ago, Jonathan Heiliger compared the world of Internet data centers to Fight Club.

It was the spring of 2011, and the giants of the Internet—including Google, Amazon, and Microsoft—were erecting a new kind of data center. Their online empires had grown so large that they could no longer rely on typical hardware from the likes of Dell, HP, and IBM. They needed hardware that was cheaper, more streamlined, and more malleable. So, behind the scenes, they designed this hardware from scratch and had it manufactured through little-known companies in Asia.

This shadow hardware market was rarely discussed in public. Companies like Google saw their latest data center hardware as a competitive advantage best kept secret from rivals. But then Facebook tore off the veil. It open sourced its latest server and data center designs, freely sharing them with the world under the aegis of a new organization called the Open Compute Project. “It’s time to stop treating data center design like Fight Club and demystify the way these things are built,” said Heiliger, then the vice president of technical operations at Facebook. 

Google was the first company to rethink data center design for the modern age.

With the Open Compute Project, Facebook aimed to create a whole community of companies that would freely share their data center designs, hoping to accelerate the evolution of Internet hardware and, thanks to the economies of scale, drive down the cost of this hardware. That, among other things, boosts the Facebook bottom line. It worked—in a very big way. Microsoft soon shared its designs too. Companies like HP and Quanta began selling this new breed of streamlined gear. And businesses as diverse as Rackspace and Goldman Sachs used this hardware to expand their own massive online operations. Even Apple—that bastion of secrecy—eventually joined the project.

Two big holdouts remained: Google and Amazon. But today, that number dropped to one. At the annual Open Compute Summit in San Jose, California, Google announced that it too has joined the project. And it’s already working with Facebook on a new piece of open source hardware.

Philippe J DEWOST's insight:

Open Compute has been transformative since day 1, and with Google finally joining, the number of missing elephants in the room has dramatically reduced.

What still puzzles me is the loud silence of European players in the field although we have a tremendous breed of companies and talent in that space. #HardwareIsNotDead

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Gerald Black's curator insight, March 10, 2016 9:27 AM

Open Compute has been transformative since day 1, and with Google finally joining, the number of missing elephants in the room has dramatically reduced.

What still puzzles me is the loud silence of European players in the field although we have a tremendous breed of companies and talent in that space. #HardwareIsNotDead

George Goodman's curator insight, March 10, 2016 10:09 AM

Open Compute has been transformative since day 1, and with Google finally joining, the number of missing elephants in the room has dramatically reduced.

What still puzzles me is the loud silence of European players in the field although we have a tremendous breed of companies and talent in that space. #HardwareIsNotDead

Agra hotal's curator insight, March 10, 2016 11:27 AM

Book Now Hotel with cheap rate near Tajmahal on http://www.hotelatagra.com

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Facebook just rolled out P2P payments all over the US

Facebook just rolled out P2P payments all over the US | cross pond high tech | Scoop.it

Mobile payment transactions may not be the standard yet but there are a lot of people who prefer this method simply because of its ease and convenience. Others are simply worried about privacy and security but developers like Facebook know how to make an app secure all the time. Frequent updates and releases make sure the app is  always in tip-top shape.


The latest update to Facebook Messenger brings a new feature that allows person-to-person (P2P) mobile payments. The P2P payment on Facebook Messenger only requires a debit card or credit card (Visa or Mastercard) so you can send money right away to a contact. To send an amount, open up a conversation, click on the dollar ($) icon, enter amount when prompted, and then click 'Pay'. Amount will be sent immediately to the other person who will receive the money on his or her own checking account.

Philippe J DEWOST's insight:

Messaging apps are the cornerstone of mobile P2P as evidenced by this Facebook smart move.

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Andrew WC's curator insight, August 5, 2015 11:11 AM

Messaging apps are the cornerstone of mobile P2P as evidenced by this Facebook smart move.

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Discover: Snapchat’s New Feature is Genius

Discover: Snapchat’s New Feature is Genius | cross pond high tech | Scoop.it

Snapchat just launched Discover, a feature that lets you switch from your stories to news and entertainment provided mostly by outside publishers like CNN, ESPN, and Vice, but also by Snapchat’s in-house team of journalists and videographers.

It’s beautifully designed, and the user experience is great: Snapchat seamlessly disappears to allow each company to push their custom full-screen experience. Each page teases a story, complete with video and sound, and swiping brings you the article or a full video. It’s gorgeous, and shames the competition. Wait… what competition ?

Discover is not social. And the people at Snapchat say it loud and clear:

This is not social media. Social media companies tell us what to read based on what’s most recent or most popular. We see it differently. We count on editors and artists, not clicks and shares, to determine what’s important.

This actually says two things: first that Discover is 0% social, content is authoritatively chosen by Snapchat and their financial partners (yes it is ad-supported), fed to a captive audience that never signed up for news coverage and has not chosen Snapchat as a media source. Furthermore, it’s a very young audience. This may be the media establishment’s big come back: just like with 1950's television, you don’t really get to choose what you learn and who you trust.

 
Philippe J DEWOST's insight:

This bold move might also attract older users who still haven't found the right sources and interface for mobile news and entertainment needs and might install snapshat just for this reason.

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Facebook Just Fired A Huge Shot At Cisco

Facebook Just Fired A Huge Shot At Cisco | cross pond high tech | Scoop.it

On June 18th, Facebook introduced Wedge, making good on its promise from last year to push into the $23 billion Ethernet switch market, currently dominated by Cisco.

Wedge is part of the Open Compute Project (OCP), one of the most important tech projects Facebook has ever created. OCP began in 2012 as a radically new way to build and buy computer hardware. It creates free and "open source" designs where anyone can contribute to the designs and use them for free, ordering them from a contract manufacturer.

Philippe J DEWOST's insight:

Attention all European Tech Pundits : OCP is not a hobby, I repeat, OCP is not a hobby.

Sovereignty means control and control now primarily comes from mastering the full stack.

> Bad news : Europe and France are late on this.

> Good news : it took only 20 engineers and 2 years for Facebook to redesign its hardware infrastructure from the ground.

> Better news : the job is done and there are billion $ businesses to be build to cover European region as atoms do not move at zero marginal cost.

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Facebook Figured Out How To Completely Take Over Your Phone

Facebook Figured Out How To Completely Take Over Your Phone | cross pond high tech | Scoop.it

Last year, it took a shot at creating its own pseudo mobile operating system with Facebook Home, an Android app that replaced your home screen with a pretty stream of photos and updates from your Facebook feed. It was a dud.

Then there were the series of separate mobile apps like Poke, Camera, and Paper that have largely failed to resonate with people. Most seem to be happy with the regular Facebook app, Instagram, and Facebook Messenger.

 

But at today's F8 developers conference, Facebook unveiled some new tools that will give Facebook a deeper level of control over your phone, no matter what kind of device you use.

 

The most important one is called App Link, a tool that developers can use to help their apps and websites talk to each other.

To use Facebook's example, imagine looking up a movie review on your phone on the mobile Rotten Tomatoes site. Well, what happens if you want to use the Fandango app to buy tickets to that movie? As things stand now, you'd have to close out your browser, launch the Fandango app, and then search for the movie again. With App Link, the Rotten Tomatoes developers would be able to provide you with a link that lets you jump right into the movie's ticket page in the Fandango app. In theory, it's seamless.

That process is also called deep linking, and it's been a messy problem for app developers until now. Apple, Google, and Microsoft don't make it very easy for developers to use deep linking on their respective mobile operating systems. App Link is open for any developer to use, so over the next few months you can expect to see more and more of your apps start playing nicely with each other.

Philippe J DEWOST's insight:

What you offer often tells what you (want to) control.

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Open Compute, un Investissement d'Avenir pour le Cloud Souverain et l'industrie française

Open Compute, un Investissement d'Avenir pour le Cloud Souverain et l'industrie française | cross pond high tech | Scoop.it

La prochaine révolution informatique à grande échelle a démarré à partir du projet OCP (Open Compute Project), démarré en 2011 par Facebook avec le soutien notamment de Microsoft et Goldman Sachs (saviez-vous que cette banque dispose de sa propre équipe d'ingénieurs en charge de concevoir leurs serveurs?) qui ont pour objectif d’être au matériel ce que l’open source est au logiciel. Il s’agit de repartir des besoins des clients finaux et de désintermédier les fabricants (OEM) de serveurs comme HP, Dell ou Lenovo en certifiant directement des configurations matérielles adaptées au client et à ses objectifs de coûts.

Philippe J DEWOST's insight:

Comme le dit Cole Crawford, Directeur Executif de la Fondation Open Compute, "Splitted Desktop is in a critically unique position within Europe.  They have led the charge in driving Open Compute technologies into the region. We will be relying heavily on Jean Marie and his team to produce and promote the world's most efficient computing environments".

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Facebook Buys Oculus VR For $2 Billion

Facebook Buys Oculus VR For $2 Billion | cross pond high tech | Scoop.it

According to a statement from CEO Mark Zuckerberg, the company plans to expand Oculus beyond gaming:

After games, we're going to make Oculus a platform for many other experiences. Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor face-to-face -- just by putting on goggles in your home.

Zuckerberg expanded on that in a conference call following the announcement, saying he believes virtual reality will be the next big computing platform after mobile devices like smartphones and tablets.

"History suggests that there will be more platforms to come," Zuckerberg said on the conference call, adding that the person who controls that major computing platform will be able to shape the entire tech industry.

"Today's acquisition is a long-term bet on the future of computing," Zuckerberg said.

Oculus got its start on crowdfunding site Kickstarter, where it raised $2.4 million in 2012. Since then, other VCs have invested in the company. Most recently, Oculus raised $75 million in a round led by Andreessen Horowitz.

Philippe J DEWOST's insight:

User interface revolution or pop of the bubble? 2Bn$ "value creation" in 2 years...

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Meet New Billionaire Jeff Rothschild, The Engineer Who Saved Facebook From Crashing

Meet New Billionaire Jeff Rothschild, The Engineer Who Saved Facebook From Crashing | cross pond high tech | Scoop.it

Known as “J-Ro” around Facebook’s campus according to sources close to the company, Rothschild was by far the oldest person to work there when he started. An experienced entrepreneur, he cofounded Veritas Software in 1988 (later merged with Symantec in 2005) and gaming company Mpath Interactive in 1995 (IPO in April 1999). Zuckerberg was 4 when Rothschild started Veritas.

As an advisor at Accel, Rothschild was introduced to the company by partners Kevin Efrusy and Jim Breyer in May 2005. The pair had just led a $12.2 million investment into “Thefacebook” after months of persistence and brought on the experienced elder statesman to solve its challenges with growth. Rothschild, who has no relation to the wealthy banking family of the same name, was known at the time for his deep knowledge of backend systems and technology that helped power websites. He was asked by Zuckerberg, according to those close to Facebook,  to set up the proper engineering teams that could handle the tasks that were then being managed by the CEO and cofounder Dustin Moskovitz.

Philippe J DEWOST's insight:

Software, Infrastructure and value are not antagonistic...

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Here's Why Facebook Is Blowing $19 Billion On WhatsApp

Here's Why Facebook Is Blowing $19 Billion On WhatsApp | cross pond high tech | Scoop.it

Even in this era of multibillion-dollar valuations for tech startups that have barely moved out of the founders’ parents’ basement, the idea ofFacebook paying $19 billion for a mobile messaging service seems simply insane.

But that’s what Facebook likely will be spending toacquire WhatsApp, the latest–well, not even actually the latest–social network and communications service. The company today announced the deal, which includes $12 billion in Facebook stock, $4 billion in cash, and up to $3 billion in restricted Facebook stock units to be granted to WhatsApp founders and employees over a four-year vesting period.

Why so much for a service that a lot of people have never even heard of? Because it’s growing really, really fast–faster, in fact, than just about any similar service to date, including Facebook. More than 450 million people are using the service monthly, and 70% of them are active on any given day, according to Facebook’spress release. More than 1 million more are registering to use it every day.

Most stunning, WhatsApp messaging volume is apparently approaching the entire worldwide SMS messaging volume of mobile carriers. That’s the kind of growth Facebook, whose own messaging service has been growing rapidly but nothing like that, simply can’t ignore.

Philippe J DEWOST's insight:

Drowning by numbers and Over The Top... WhatsApp valued at approximately half of Orange, with user base twice bigger. 

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Ian CHERABIER's curator insight, February 21, 2014 6:22 AM

Intéressant !

Barbara Chapuis's curator insight, February 28, 2014 4:36 AM

An explanation for such a big amount : off line datas, succesful mature mobile experience and a enormous number of users...

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How To Protect Your Profile From Unwanted facebook Graph Searches

How To Protect Your Profile From Unwanted facebook Graph Searches | cross pond high tech | Scoop.it

Facebook's Graph Search feature is rolling out to everyone today.

 

The new search tool lets you to search Facebook's huge amount of data to get consolidated results.

Mark Zuckerberg stressed Graph Search's privacy awareness at the big reveal months ago.

"Every piece of content has its own audience, most content is not public, and you can only search for content that has been shared with you," Zuckerberg said at the time.

Despite this reassurance, you still should take some time to look at your Facebook privacy settings to make sure things you share don't inadvertently show up in search.

Philippe J DEWOST's insight:

Worth the 5 minutes spent

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