Facebook CEO Mark Zuckerberg revealed today that the company now has over 1 billion monthly active users on mobile devices. Zuckerberg cited the statistic during an investor call to discuss the just-announced acquisition of virtual reality firm Oculus VR. In the fourth quarter of 2013, Facebook had 945 million active mobile users out of a total of 1.23 billion users. Photo credit: Leon Neal/AFP/Getty Images

Facebook today announced plans to acquire virtual reality technology firm Oculus VR for approximately $2 billion. The price includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing share price of $69.35). The reason for the “approximately” is not just because of the changing price of shares. The agreement, which is expected to close in the second quarter of 2014, also includes an additional $300 million earn-out in cash and stock based on the achievement of certain milestones, so the $2 billion price tag could indeed end up…
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Facebook today announced plans to acquire virtual reality technology firm Oculus VR for approximately $2 billion. The price includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing share price of $69.35). The reason for the “approximately” is not just because of the changing price of shares. The agreement, which is expected to close in the second quarter of 2014, also includes an additional $300 million earn-out in cash and stock based on the achievement of certain milestones, so the $2 billion price tag could indeed end up…
This story continues at The Next Web
Facebook unveils ThreatData framework to help investigate, analyze and combat Internet threats

Keeping up with hackers and other threats on the Web is a never-ending challenge, in particular for large businesses such as Facebook. To that end, Mark Zuckerberg’s company today unveiled a security-focused framework called ThreatData, which aims to simplify and standardize its work in this area. The new approach enables Facebook to configure feeds from select datasets that it believes are important to capture. The information can be in any format and once collected, it’s fed into a schema coined a ThreatDatum. “The datum is capable of storing not only the basics of the threat but also the context in which…
This story continues at The Next Web
Facebook unveils ThreatData framework to help investigate, analyze and combat Internet threats

Keeping up with hackers and other threats on the Web is a never-ending challenge, in particular for large businesses such as Facebook. To that end, Mark Zuckerberg’s company today unveiled a security-focused framework called ThreatData, which aims to simplify and standardize its work in this area. The new approach enables Facebook to configure feeds from select datasets that it believes are important to capture. The information can be in any format and once collected, it’s fed into a schema coined a ThreatDatum. “The datum is capable of storing not only the basics of the threat but also the context in which…
This story continues at The Next Web




