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Facebook Owns What Companies? A Look at Giphy, Atlas Solutions, and FriendFeed
Ever wondered whether Facebook owns what companies? This article looks at Giphy, Atlas Solutions, and FriendFeed, four companies owned by Facebook. But is it really so? And what do these companies do? What is Facebook’s real purpose in owning these companies? And what do their customers get from using them? Here are some answers. Read on to learn more. And if you have a question, don’t hesitate to leave a comment below.
FriendFeed
Facebook has bought content-sharing service FriendFeed. The Mountain View, Calif.-based company has long lagged behind Twitter, the microblogging kingpin. Founders Jim Norris and Sanjeev Singh formerly worked at Google, and the company boasts an impressive team of designers and engineers. Mark Zuckerberg is quoted in a press release praising Friendfeed. Despite Facebook’s dominance, it is unlikely to stop the movement toward unification apps.
Atlas Solutions
Facebook’s Atlas Solutions can provide advertisers with more targeted advertising. The technology tracks users across multiple platforms and can help brands measure ROI. Atlas can measure if a consumer buys a product on their mobile device after seeing the same ad on their desktop. This may interest you : How Do You Follow Someone on Facebook?. This kind of information helps marketers track a link between online advertising and offline sales. The company can also track a consumer’s e-mail address after they have viewed an ad online.
Ascenta
Facebook recently purchased the UK-based aerospace firm Ascenta. The company developed the Zephyr, the world’s longest solar-powered unmanned aircraft. The company’s engineers will join Facebook’s team, which is working on connectivity aircraft. To see also : How to Remove Profile Picture in Facebook. The company will also hire NASA experts in Ames Research Center and the Jet Propulsion Lab to help develop the technology for drones. The social network claims that connecting people will improve the internet.
Giphy
A recent acquisition by Facebook may be a sign that the social media giant is looking to expand its portfolio. According to a CMA panel, the deal could give Facebook significant market power. It will likely limit Giphy’s accessibility to users and drive more traffic to Facebook-owned sites. To see also : How to Delete Messages on Facebook Messenger. Additionally, the deal is likely to draw antitrust scrutiny, as the social media giant is currently under investigation by federal and state legislators. The Giphy acquisition was announced in a blog post by the company.
Mapillary
What do you know about Facebook’s investors? Listed below are some of its most prominent shareholders. A few of them are also part owners of other companies, such as Facebook itself. For example, Theodore Ullyot owns more than one million shares of Facebook. And, while his name doesn’t appear on the S-1 filing, it is believed that he’s owned as much as five percent of Facebook’s stock.
Jibbigo
Facebook recently acquired mobile technology startup Mobile Technologies, which develops speech recognition and machine translation technologies. The acquisition highlights Facebook’s commitment to its mobile strategy. Jibbigo is the result of this partnership, which provides an online/offline translation service for Facebook posts and chats. Facebook also plans to integrate Jibbigo into its news feed. It is expected to be a popular tool for travelers and businesspeople alike.
Nextstop
Facebook has acquired the company Nextstop, a location-based recommendation site. Similar to Yelp, Nextstop aimed to compile a database of the world’s best experiences, places, and things. Its founders include ex-Googlers Adrian Graham and Carl Sjogreen. Nextstop was acquired by Facebook in 2010, but shut down its service a year later. The acquisition was largely a matter of engineering talent. Facebook would rather build its own products than rely on third parties for this.
