Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Facebook Unveils New 'Home' App

RELATED NEWS
Trade FB now with 

Facebook Inc. (FB: Quote) Thursday unveiled a new Android app called "Home" that will bring Facebook contents right to the smartphone homepage, as the social networking giant implements new features to increase its share in the mobile ad market.

At an event held at Menlo Park, California, Founder and Chief Executive Mark Zuckerberg said "Now phones are designed around apps and not people. We want to flip that around."

Once installed, the new Home app will become the hub of the smartphone, as users will not only see Facebook notifications and messages on their homepages, but it would also become an entrance to access other applications as well. Users will be greeted by photos of their friends, notifications and messages on their homepage.

The new app will be available for download for few Android phones on April 12 from Play store, with others getting updates later. The initially supported phones are HTC One, HTC One X, Samsung Galaxy SIII and S4 and Galaxy Note II. Facebook has also partnered with HTC and AT&T to roll out HTC First, the first phone to ship pre-loaded Home app. The HTC First will be released on April 12 and is priced at $99.99.

As most social networking sites, Facebook also faces challenges to improve its share in mobile advertising market as users now mainly use smartphones and tablets to access these websites.

FB is currently trading at $27.10, up $0.85 or 3.24%, on a volume of 63.7 million shares, on the Nasdaq.

Register
To receive FREE breaking news email alerts for Facebook, Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The U.K. economy grew more than estimated in the second quarter and the current account deficit widened from the first quarter, the Office for National Statistics said Tuesday. Gross domestic product grew 0.9 percent sequentially, up from the prior estimate of 0.8 percent. The annual growth was confirmed at 3.2 percent. Eurozone inflation slowed in September, as expected, to the lowest since late 2009 and the unemployment rate remained stable at a double digit level in August putting pressure on the European Central Bank to launch a full-blown easing. Inflation came in at 0.3 percent, slower than August's 0.4 percent. This was the lowest since October 2009, when prices fell 0.1 percent. Chinese authorities on Tuesday eased some rules for mortgages for buying a second home, in a bid to boost the housing market. The People's Bank of China and the China Banking Regulatory Commission said in a joint statement that buyers who already own one apartment, but have paid off the mortgage...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.