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Tag: Fitness tracking

FaceBook never stops shopping!

The most popular social media networking website FaceBook seems to never stop in shopping spree as they have recently bought few of new things, when I say new things I mean company as most of you know that FaceBook recently bought WhatsApp for $19 billion dollars but before buying WhatsApp they bought Instagram for $1 billion dollars which in my opinion that it’s a steal considering Instagram is one of the most popular photo sharing apps. In very recent they have bought a company called Oculus for their Oculus VR products for $2 billion dollars that supposedly to take the technology to a new level and if you don’t know Oculus, Oculus VR is almost Google Glass but in different way. A lot of money for new items that FaceBook bought right?! WAIT! There is more for Facebook. The question is that is it all? Holy smokey, no! They just bought a new Finnish firm that produces a fitness tracking app that uses smartphone’s built-in sensors to track activity and to burn some calories. I know the next question you have for me would be “how much did they pay for that thing?” and the answer would be unknown. FaceBook wouldn’t show how much they paid for the app called PhotoGeo which is the name of Finnish firm that FaceBook had…

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