Why Facebook Is Spending Billions On Companies It Doesn’t Need

Posted by & filed under FaceBook, Social Media.

Description: Facebook has become a conglomerate. As the world’s largest social network Facebook doesn’t need any of these companies. As Facebook Inc. they are invaluable. Source: Forbes Date: April 3, 2014 As the dust settles on Facebook’s $2BN purchase of virtual reality headset maker Oculus Rift last week, WHY?! remains the question on everyone’s lips. What’s more it… Read more »

The Billion Dollar Mind Trick

Posted by & filed under Business Intelligence, iPad, iphone, smart phones, smartphones, social impacts, Social Media, System development.

Description: The most successful social media platforms serve a distinct purpose but also form addictive habits within their users. Instagram is the latest social media platform to exhibit this incredibly powerful tendency. Source: Techcrunch.com Date: April 22 2012 Yin asked not to be identified by her real name. A young addict in her mid-twenties, she… Read more »