Wall Street PR

Facebook Inc. (NASDAQ:FB) Planning To Enter Search Engine Businesses

Boston, MA 02/05/2014 (wallstreetpr) – Search engine business is one of the business that Google has been able to make its mark with huge success. Now it seems Facebook Inc. (NASDAQ:FB) is planning to rival Google Inc (NASDAQ:GOOG) in these entity in the effort of widening its business portfolio. According to comments made by Facebook CEO Mark Zuckerberg, Facebook sees this as one of the portfolios that the company can make its mark in the industry. The new venture will not be a success overnight but Facebook intends to achieve it in a span of 10 years.

 Facebook precedence move

Facebook Inc. (NASDAQ:FB) currently commands a huge data index than any other search engine that it can readily use to surpass Google in the search engine business. Mark Zuckerberg has been emphasizing that the company’s huge artificial intelligence division has been performing excellently on the company’s own search engine. Once Facebook product is rolled out, users will be able to use voice recognition in their smartphones for getting solutions to problems and for advice. The major difference currently between Google search and Facebook Graph search lies on the fact that, Google search provides answers to definite questions while Graph search provides answers to questions that don’t have any obvious answers.

Facebook search engine will be more personal

Facebook Inc. (NASDAQ:FB) search engine ‘Graph search’ has been providing answers to personalized questions such as “where are my friend at the moment” of which Google cannot clearly index. Graph search has been a success in the recent past already having indexed over a million connections between people interest and events. Facebook has been enjoying huge success in the technology industry with its open source products reducing the company energy and management costs by $1.2 billion thus saving a huge amount for the investors and company

Facebook Inc. (NASDAQ:FB) closed trading on Tuesday at a high of $62.75 an increase of 2.07% compared to the previous day trading session

Published by Van Bettauer

Van Bettauer is a financial aficionado from Vancouver, British Columbia. He currently studies at UBC, pursuing a Bachelors of Science degree. Van has been freelance writing for many years, specializing in copywriting, report writing and article writing. The combination of his scientific studies and writing experience brings a new and fresh perspective to the financial world. Visit Bettauer's Google+ page at the following address: https://plus.google.com/100770875710593766367/posts