Software, Facebook App | featured news

Last spring, the future for Viddy, a video-sharing Facebook app, seemed as sunny as southern California's skies. Based a block away from Venice Beach, the 30-person startup impressed prospective investors with skyrocketing user growth figures and won funding from them at a $370 million valuation. The tech press hailed it as the "Instagram for video," potentially ripe for a billion-dollar-plus buyout. Justin Bieber wanted to invest — and the pop star eventually did just that.

Users and privacy advocates have expressed concerns about Facebook’s planned redesign, the way the change will affect third-party apps and the network’s general approach to privacy. Third-party apps will be fully integrated into a user’s profile page, with updates about activity on each app. That means that users won’t actively click to share updates from apps — the apps will add that information to a user’s page automatically.