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Facebook roundup: stock price slips, Chill raises $8M, new currency API and more

Facebook shares back down to $31 – Facebook stock is down 5 percent from last Friday, closing at $31.09 today. The stock slipped after a number of analysts suggested that the company might report underwhelming earnings this quarter. Six of … Continue reading

Facebook updates payments terms to reflect addition of subscriptions, Credits phase out and more

Facebook has updated its payment terms for both users and developers following Tuesday’s announcement that it would support monthly subscription billing for apps and games on its platform and phase out Credits in favor of a user’s local currency. Note … Continue reading

Facebook to launch subscription billing for apps, transition from Credits to local currency

Facebook will soon support subscription billing for apps on its platform, according to a post on the company’s developer blog. The company will also phase out Credits in favor of a user’s local currency — dollars, pounds or yen, for … Continue reading

Facebook rolls out 2-step payments flow for mobile web apps

Facebook today begins rolling out a new mobile payments flow that brings the number of steps down from seven to two, the company said in a blog post. The new carrier billing option, announced in February, is now live for … Continue reading

Investing in Facebook: Rick Marini of BranchOut

This week, Inside Facebook asks people who have built businesses on the Facebook platform why they believe in the company. These are the people that are truly invested in Facebook, whether or not they bought stock. For Part 4 of … Continue reading

Investing in Facebook: John Corpus of Milyoni

This week, Inside Facebook asks people who have built businesses on the Facebook platform why they believe in the company. These are the people that are truly invested in Facebook, whether or not they bought stock. For Part 2 of … Continue reading

How likely is to Facebook lower its 30 percent fee for developers on the platform?

Facebook acknowledged in a regulatory filing that it might reduce the percentage fee it takes from developers building on its platform if it expands its payments business beyond games. Currently, the social network requires social games to use Facebook Credits, … Continue reading

Facebook roundup: Instagram, IPO, pages, Google+, Pinterest

Facebook’s Instagram acquisition was all Zuckerberg – The Wall Street Journal reports that Facebook CEO Mark Zuckerberg basically acted independently when pursuing the company’s latest acquisition of photo app Instagram. The board was “told” that the company would be bought. … Continue reading

Plink raises angel round for Facebook Credits loyalty program

Plink, a Facebook Credits-based rewards program, closed an angel investment round of $633,000 at a $5 million valuation. Consumers who sign up for Plink can earn Facebook Credits when they use their credit card at brick-and-mortar locations, such as Taco … Continue reading

Plink raises angel round for Facebook Credits loyalty program

Plink, a Facebook Credits-based rewards program, closed an angel investment round of $633,000 at a $5 million valuation. Consumers who sign up for Plink can earn Facebook Credits when they use their credit card at brick-and-mortar locations, such as Taco … Continue reading