Facebook Inc (NASDAQ:FB): F8 Developer Conference Aroused Speculation About An App War

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Dallas, Texas 05/06/2014 (FINANCIALSTRENDS) – A social media giant, Facebook Inc (NASDAQ:FB) recently completed its F8 Developer Conference where some exciting announcements were made. The company announced certain programs to make the overall app experience seamless and more efficient and to help businesses and users increase productivity. The company also announced of partnering with Asana, Quip, Adobe Systems Incorporated (NASDAQ:ADBE) and Mailchimp to launch a program which can offer developers a set of free tools and services worth around $30,000 to help start-ups take off. The objective behind this program is to help developer accelerate growth or get their businesses up and running.

 FB’s FbStart Initiative:

Facebook Inc (NASDAQ:FB)’s FbStart will offer credits to selected app developers for Facebook advertising as well as free services from companies including product testing, customer care, recruiting, document management and video conferencing. Developers using Google Inc. (NASDAQ:GOOGL)’s Android or Apple Inc (NASDAQ:AAPL)’s iOS platform can apply under this program without any requirement of integrating with Facebook.

The FbStart program offers the “Bootstrap track” for start-up companies and the “Accelerate track” for companies that need to accelerate growth. Thus FbStart is not just meant to help app developers launch their businesses but also facilitate them to connect with each other while making app experience more efficient for users.

The Package for App Developers:

Facebook Inc (NASDAQ:FB) considers that the project to facilitate developers boost their businesses is a noble investment idea which will lead the way towards making mobile apps more easier and accessible as it will create “cross-platform, platform” – connecting the world efficiently in one place.

With launch of FbStart and App Links packages coupled with FB’s 1Q14 earnings the company seems to be all set to remain profitable while taking on its ambitious mission to connect the world on one universal platform.

Yesterday, the stock gained 1.26% or $0.76 and closed at $61.22.

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