Facebook is launching a new team to build new apps, and it expects 'many failures'

Get ready for Facebook to launch a whole bunch of new consumer apps — and to shut them down quickly if they don't work out.

Facebook CEO Mark Zuckerberg makes his keynote speech during Facebook Inc's annual F8 developers conference in San Jose, California, U.S., April 30, 2019.Facebook has created a new internal group, called NPE Team, designed to launch new consumer-facing apps.

The company is trying to manage expectations about the experimental team, saying it expects"many failures."Get ready for a whole load of new apps from Facebook. It's a notable strategic move for Facebook, and it comes after the company's core social network's reputation has been battered by two years of solid scandals. Facebook is already diversifying its business, relying ever-more heavily on apps it acquired and built into powerhouses like Instagram and WhatsApp.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Latest Google Camera App Hides Radical New FeaturesA possible new camera mode is concealed within Google's code.
Read more »

DOJ says new legal team will take over census caseThe Justice Department says a new legal team will take over the Trump administration's efforts to add a citizenship question to the 2020 census
Read more »

A New Team of Government Lawyers Will Take Over Census FightA new team of government lawyers will be taking charge of the census fight, as the Trump administration searches for a legally acceptable way to include a citizenship question in the 2020 survey despite a Supreme Court decision barring it.
Read more »

Glossier Launches Two New Glossy Lip GlossesThe timing for these new glosses couldn’t be better
Read more »

Facebook is trying to woo YouTube stars with new ways to make moneyFacebook's updates for creators want to win over video creators from other platforms with new advertising and subscription tools.
Read more »

Facebook's secret weapon in digital advertising isn't what you think, according to a new reportA new report from ad-tech firm Polar shows how Facebook dominates social media advertising — and why that may not last.
Read more »