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Monday, January 2, 2023
By Fronnie Lewis Monday, January 2, 2023
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News Bytes January 2, 2023

Middle Class Tax Refund: Millions of Californians are still waiting for that one-time refund to help deal with the rising costs of just about everything.  More than 15 million got the Middle Class Tax Refund by automatic deposit and debit cards. However, around three million payments could be in the pipeline Also, some bad news. Scammers are targeting these refunds. […]
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Thursday, July 24, 2014
By Fronnie Lewis Thursday, July 24, 2014
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Facebook delivers a smackdown on its critics

Naysayers heaped a lot of criticism on the social media giant Facebook when it went public in May of 2012 with an initial public offering of $38 a share. The stock fluctuated and that open the door for critics to slam the decision to go public and doubt the value of the number one social network. Now Facebook has smackdown […]
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Thursday, July 3, 2014
By Fronnie Lewis Thursday, July 3, 2014
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Facebook makes another multi-million dollar purchase

Facebook continues its buying spree with another multi-million dollar purchase. TechCrunch is reporting Facebook is ponying up between $400-500 million for LiveRail, an advertising company, which focuses on video ads that appear on the web and mobile devices.  The social network announced the acquisition on its website yesterday. “We believe that LiveRail, Facebook and the premium publishers it serves have […]
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Wednesday, March 26, 2014
By Fronnie Lewis Wednesday, March 26, 2014
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Facebook buys a virtual reality company for $2 billion

Facebook has made another staggering purchase — $2 billion for  the virtual reality gaming company, Oculus VR Inc. The social network made the announcement on its website yesterday. The deal includes $400 million in cash,  23.1 million shares of Facebook common stock, and $300 million earn-out in cash and stock “…  based on the achievement of certain milestones.” “Mobile is the platform of […]
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Tuesday, March 4, 2014
By Fronnie Lewis Tuesday, March 4, 2014
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Facebook reportedly buying drone company for $60 million

The social media network with the deep pockets, Facebook,  seems to be on a buying spree. Last month, Facebook bought the mobile messaging service, WhatsApp,for $19 billion. There’s now  a lot of chatter on the Internet about Facebook negotiating to buy New Mexico-based, Titan Aerospace, for $60 million, according to TechCrunch. Titan Aerospace produces solar-powered drones, which can stay up […]
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Tuesday, February 25, 2014
By Fronnie Lewis Tuesday, February 25, 2014
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Facebook is dumping its email service

More developments for Facebook. The world’s largest social network has more than a billion monthly users, however, not many of them bothered to use Facebook email. After pushing it for several year, the company has decided to retire  @facebook.com. “We’re making this change because most people haven’t been using their Facebook e-mail address, and we can focus on improving our […]
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Saturday, February 22, 2014
By Fronnie Lewis Saturday, February 22, 2014
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Rewind: Facebook, WhatsApp, and that $19 billion deal

A lot of chatter on the Internet and elsewhere about the amazing deal Facebook put together to buy mobile messaging service, WhatsApp, for $19 billion. The social media network announced its newest acquisition last Wednesday. Immediately,  there were questions about WhatsApp. Oh, and the money deal made plenty of folks utter: “Say what?” Here’s how it works. WhatsApp uses the […]
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Wednesday, February 19, 2014
By Fronnie Lewis Wednesday, February 19, 2014
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Web Buzz: Wednesday February 19, 2014

Social media giant, Facebook, just announced an amazing deal. It’s buying popular messaging mobile startup, WhatsApp, for $16-19 billion. Yes, that’s billion with a “b.”  More on this huge Internet purchase and the two WhatsApp owners who are now billionaires on Forbes. Jada Pinkett Smith has snagged a major part in the new Fox drama, “Gotham.” Smith will play tough […]
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