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Facebook Inc (FB) News: Scientists’ Affirmation, Translation Technology, Celebrity App & More

Editor’s Note: Related tickers: Facebook Inc (NASDAQ:FB)

Facebook Inc (FB), JetBlue Airways Corporation (JBLU)Facebook can make you miserable (Telegraph)
Anyone who has had to look at photographs of their friends having more fun than them, or read endless posts providing minute updates about someone else’s upcoming wedding, will already know this. Scientists have confirmed that Facebook Inc (NASDAQ:FB) can make you miserable. A study comparing how young adults felt at different times of the day with their Facebook Inc (NASDAQ:FB) use showed that the more they logged onto the social networking site, the less happy they were. The more the participants had other forms of contact with people, such as face to face or over the phone, they tended to feel better over time.

Facebook to buy firm specializing in voice translation (DailyTribune)
Facebook Inc (NASDAQ:FB) has agreed to acquire Mobile Technologies, a firm specializing in voice translation software, the two companies said Monday, without providing financial details of the transaction. Founded in 2001, Mobile Technologies is best known for developing the Jibbigo mobile application for speech-to-speech language translation. “I’m excited to announce that we’ve agreed to acquire Mobile Technologies, a company with an amazing team that’s behind some of the world’s leading speech recognition and machine translation technology,” Facebook Inc (NASDAQ:FB)’s Product Management Director Tom Stocky wrote in an online posting.

Sheryl Sandberg earns $100m, but won’t pay interns (News)
But Facebook Inc (NASDAQ:FB)’s chief operating officer Sheryl Sandberg has been slammed by an army of angry commenters after advertising for an unpaid intern at her community organisation Lean In. The ad was posted on Facebook Inc (NASDAQ:FB) yesterday by Lean In’s New York-based editor Jessica Bennet, who said the organisation wanted an editorial intern to work part-time, unpaid until the end of the year. “Wanted: Lean In editorial intern, to work with our editor (me) in New York. Part-time, unpaid, must be HIGHLY organised with editorial and social chops and able to commit to a regular schedule through end of year.

Facebook Working on Hollywood-Friendly App (Report) (HollywoodReporter)
The social network is testing a VIP app with a small group of famous people, according to AllThingsD. The app will let stars easily monitor Facebook Inc (NASDAQ:FB) chatter about themselves from a mobile device and respond to fans, sources told AllThingsD. STORY: Facebook Inc (NASDAQ:FB)’s Sheryl Sandberg Sells Shares … Cheap So, if an actor posts a status update that leads to a lot of comments, the new app would make it easier for the actor to respond. Facebook Inc (NASDAQ:FB) is trying to encourage celebrities to share more information on its site.

Trading tech’s comeback (CNBC)

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