Facebook holds press event to show off its next big thing | CNET

Facebook holds press event to show off its next big thing

Facebook is holding a media event at its headquarter in Menlo Park, Calif. We'll be bringing you all the news.

  • James Martin 1/15/2013 5:42:28 PM
  • James Martin 1/15/2013 5:43:19 PM
  • David Hamilton 1/15/2013 5:43:40 PM
    Welcome, everyone, to CNET's live coverage of the mystery Facebook event!
  • David Hamilton 1/15/2013 5:44:05 PM
    We'll start posting some comments in a moment. All comments are moderated. And we'll cut them off during the event itself.
  • James Martin 1/15/2013 5:44:35 PM
  • charles.cooper 1/15/2013 5:46:11 PM
    For what it's worth, Wall Street's buying into the mystery press event. Stock's been strong in early trading.
  • charles.cooper 1/15/2013 5:46:39 PM
    That HTC rumor is running rampant today.
  • Paul Sloan 1/15/2013 5:47:16 PM
    Welcome, all. This Paul Sloan. I'm at Facebook...eager to see what they have cooking.
  • charles.cooper 1/15/2013 5:49:11 PM
    Another stat to chomp on before the shindig gets underway: When it came to mobile advertising, FB had an 8.8% share last year - that's according to eMarketer. May not sound like much but it was ZERO in 2011.
  • James Martin 1/15/2013 5:49:26 PM
  • Paul Sloan 1/15/2013 5:50:34 PM
    It's a small room -- but packed with press.
  • charles.cooper 1/15/2013 5:53:31 PM
    The NYT had an interesting take on FB earlier today, focusing on search. www.nytimes.com
  • James Martin 1/15/2013 5:59:05 PM
  • Paul Sloan 1/15/2013 5:59:24 PM
    Standing room only , though unsure how many of those are FB employees
  • David Hamilton 1/15/2013 5:59:43 PM
    @Jay C, that's exactly what we'll do once things get rolling.
  • Paul Sloan 1/15/2013 6:00:34 PM
    Meantime, employees gotta be please that Facebook's stock is up almost 1% on a down day in market. And at $31.25, it's edging back towards IPO price of $38.
  • Paul Sloan 1/15/2013 6:00:59 PM
    Correct, there is no live stream.
  • Paul Sloan 1/15/2013 6:02:25 PM
    If this is a phone, Zuckerberg will be following one of his mentors -- Steve Jobs -- in saying one thing and doing another.
  • James Martin 1/15/2013 6:02:30 PM
  • Paul Sloan 1/15/2013 6:03:39 PM
    COO Sheryl Sandberg is in the house
  • James Martin 1/15/2013 6:03:53 PM
  • David Hamilton 1/15/2013 6:03:58 PM
    @Mika Nope. But Paul and our photographer James Martin are.
  • Paul Sloan 1/15/2013 6:04:23 PM
    Zuckerberg is on the stage
  • Paul Sloan 1/15/2013 6:04:35 PM
    Says the first big product announcement at new campus
  • David Hamilton 1/15/2013 6:04:51 PM
    OK, we're muting comments now. We'll reopen after the event.
  • Paul Sloan 1/15/2013 6:04:51 PM
    Reiterates mission of making teh world a more connected place
  • James Martin 1/15/2013 6:05:32 PM
  • Paul Sloan 1/15/2013 6:05:33 PM
    He's talking about giving people the tools for the social graph. Some tools help you stay connected; others help you make new connections. Most people think of FB as the former--helping you stay connected with people you already know
  • Paul Sloan 1/15/2013 6:05:52 PM
    Today, he says, going to discuss a service that helps users make new connections.
  • Paul Sloan 1/15/2013 6:06:46 PM
    Like any database, you should be able to query it. There are a few major use cases ....the first -- they want to know in the world, w/ the people around them. That's news feed. Another common query : who is this person? Tell me about them. That's timeline.
  • James Martin 1/15/2013 6:07:06 PM
  • Paul Sloan 1/15/2013 6:07:06 PM
    Those are first two pillars. Today, we're talking about the third.
  • Paul Sloan 1/15/2013 6:07:37 PM
    What's more interesting is giving people the power to take any cut or query of the graph they want -- we're callnig it "graph search"
  • Paul Sloan 1/15/2013 6:07:48 PM
    What is graph search? It's not web search.
  • James Martin 1/15/2013 6:07:48 PM
  • James Martin 1/15/2013 6:08:12 PM
  • Paul Sloan 1/15/2013 6:08:16 PM
    There rare more than 1 billion people, more than 240 people photos, 1 trillion connections.
  • Paul Sloan 1/15/2013 6:08:42 PM
    He's describing the "graph search" -- and indexing all this content to it can be retrieved.
  • James Martin 1/15/2013 6:08:47 PM
  • Paul Sloan 1/15/2013 6:08:51 PM
    The search we wanted to build is privacy aware.
  • Paul Sloan 1/15/2013 6:09:23 PM
    It's really powerful. On FB, most the things people share w/ you aren't public. Which makes search challenging.
  • James Martin 1/15/2013 6:09:26 PM
  • Paul Sloan 1/15/2013 6:09:52 PM
    - Every piece of content has its own audience; most content is not public; you can only search for content that has been shared with you.
  • Paul Sloan 1/15/2013 6:10:22 PM
    He's talking about the difference between web search and graph search.
  • Paul Sloan 1/15/2013 6:11:00 PM

    I.e., a search for "hip hop" -- web search will take any open ended query and return links. Graph search is intended to give you the answer -- not links that might give you the answer.
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