Facebook, Mobile App | featured news

Facebook's Home app for Android phones has been downloaded more than 500,000 times from the Google Play store since its release on 4 April. But it has received mixed reviews from users, with an average rating of 2.2 out of five stars.

Douglas Rushkoff says Facebook's new app just increases disorientation and isn't getting rave reviews from users... And when I looked up Facebook Home online to try to find out just what it was, the first search results that came up were from users sharing how to disable it. This way, consumers can buy the discounted phones on which Facebook Home ships, and turn them back into a regular Android smartphones, where Facebook is just another app we can use in our own good time.

All in all, Facebook Home is ideal for true social network addicts. But those who aren’t constantly checking Facebook mobile for updates might find it more distracting than helpful.

Mark Zuckerberg, the co-founder and chief executive of Facebook, is holding a live news conference to show Facebook’s new phone software, designed for Google’s Android’s operating system.

Facebook Inc. received final approval Wednesday for its purchase of photo-sharing application Instagram Inc., clearing the way for a cash-and-stock deal that has lost about a quarter of its value since an agreement in April.

Kevin Systrom's smartest move was to sell Instagram to Facebook early, before having to deliver even an iota of revenue. My prediction is that we’ll look back on Facebook's acquisition of Instagram as a bust—much in the same way we now view News Corp.’s purchase of Myspace, AOL’s purchase of Bebo, and Excite@Home’s purchase of Blue Mountain Arts.

On most days, Twitter is now generating the majority of its revenue from ads shown to its users on mobile gadgets, rather than from ads on Twitter.com, company executives said. One key reason: People who see a Twitter ad on their phones are more likely to click or interact with it in some way, which is how Twitter gets paid for advertisements.

Over the weekend, Facebook added a stalkerish feature called "Find Friends Nearby" to its mobile website; on Monday, it was gone. "Find Friends Nearby" let users of iOS and Android devices locate BFFs — and perhaps nBFFs (never BFFS) — who were within range.