Whether you’ve already signed up or are considering joining Facebook, you might have some questions. The first thing you should know is that there are two different types of accounts – personal and business. You can sign up for a personal account for free, or pay for a paid version. Both have a set of benefits. You can share pictures with friends, post status updates and browse the newsfeed. But if you want to use the platform to build relationships with clients or colleagues, you’ll need to choose the business version.
Sheryl Sandberg’s departure
During a time when Facebook has been in the news for all the wrong reasons, Sheryl Sandberg has announced that she is stepping down from her post as Chief Operating Officer of the company. This decision will allow Sandberg to focus on her philanthropic work.
Sheryl Sandberg is one of the most influential figures in the tech industry. In her role at Facebook, she helped to build the world’s largest ad-buying platform. She was also instrumental in the development of groundbreaking ad formats.
Despite the success she enjoyed at Facebook, Sheryl Sandberg has become a target of skepticism in the last few years. She has been accused of propagating misinformation and doing little to assist others who were negatively impacted by the social networking giant’s products and services.
Sheryl Sandberg is leaving Facebook, according to a recent Facebook post. The announcement comes in the wake of reports that Sandberg personally intervened in a negative story about Bobby Kotick, a former business partner of hers.
Decline in revenue
Despite having a decade long revenue streak, Facebook reported its first ever quarterly revenue decline, which may have been a result of a slower than expected economy. The company saw a modest 3 percent increase in monthly active users, but a much larger decline in advertising revenue.
It’s no secret that social media giants such as Facebook, Twitter and LinkedIn are competing fiercely for advertisers’ attention, and the competition is only getting tougher. The competition is also intensifying among upstart apps such as TikTok, which has a growing ad market share. One example is a gimmick called TikTok Stories. It’s a short form video format that targets the TikTok crowd. It’s not as monetized as the company’s flagship product, the Facebook news feed, but it’s still an impressive feat.
The big news from the company was the addition of Reels to the Facebook news feed, a feature that will monetize more quickly than the company’s stories. As part of the announcement, the company said it has seen a 30 percent increase in the amount of time people spend watching Reels videos. The company is predicting Reels to be the next big revenue driver for Facebook, replacing the bigger, shinier products such as the News Feed and the Messenger app.
Workplace enterprise collaboration suite
Designed to serve companies, Workplace offers the same features of Facebook but has been tailored for business. It’s a social platform that integrates with leading tools such as Salesforce, Atlassian, SurveyMonkey and Box. It’s a powerful tool that allows users to share information and build teams. It can also replace email with a news feed. It’s also integrated with Facebook’s Messenger and live video.
The free version of Workplace is available for up to five users. It includes video calling, desktop notifications, instant messaging, document sharing and more. You can also use Workplace for up to 50 groups.
Advanced accounts cost $4 per user, while Enterprise accounts cost $8. The price per user is dependent on the number of users you plan to add. If you have more than 1,000 employees, you’ll pay $3 per user, while if you have fewer than 9,000 employees, you’ll pay $2.
Workplace’s free version
Initially, Facebook Workplace was available as a free tool. This version was available to companies and non-profit organizations that wanted to learn more about the platform. This allowed them to try out the product before committing to a paid plan. However, this is no longer the case.
Workplace is an online office tool that is designed for teams. It features a news feed, group chats, reporting, and live video. It competes against Slack, Microsoft Teams, and Hipchat. It is also used by Starbucks and Campbell’s, among other companies.
Facebook has been working to increase its presence in India for years. The company is hoping to lure smaller companies to switch to its paid services. It is also courting non-profit groups. The company has launched a new team to help these organizations use the software. Currently, there are about 2,500 non-profit organizations using Workplace. The new team is comprised of members in the U.S., Brazil, and India.