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The fbFund will choose a few Facebook Platform developers to get up to $100,000 in funding and spend the summer in Palo Alto, Calif.
Cloud platform compatible with wide variety of devices, including Android and iOS, will enable developers to reach wide group of customers as well as utilities and energy service providers.
Eighteen companies and two nonprofits have been invited to spend the summer learning and building at the social network's Palo Alto, Calif., headquarters.
This year, the big differences are that FBFund awards are in the form of equity investments, not grants, and that many of the finalists are now Facebook Connect or iPhone apps.
The social network invites developers to enter a series of online algorithmic programming challenges, with 25 top finishers going to Facebook's headquarters for the finals.
Social technologies are the focus of sFund, a new $250 million fund for backing social-media start-ups and applications.
Just in time for spring outings, social network launches tweak meant to make it even easier to invite friends to impromptu get-togethers.
A fellowship program for computer science and engineering Ph.D. students will give five participants a $30,000 stipend and the opportunity to apply for an internship.
The newly acquired start-up has become the face (pun intended) of not just Facebook's further development of real-time streaming technology but also its forays into the open-source community.
At FBFund Demo Day, the most promising services are not on Facebook per se. The new way to leverage Facebook is to use the network, but within destination sites