According to sources, Facebook’s new division dubbed the New Product Experimentation Team (or NPE Team) is looking into the possibility of creating apps and podcasts for travel, newsletters and workplace services. The NPE Team is tasked with “building the future of Facebook,” as chief executive Mark Zuckerberg hopes to keep the social media platform central to peoples’ daily lives. Other social networks such as Myspace and Friendster failed when they did not evolve beyond their initial offerings. Continue reading Facebook Product Experimentation Team Open for Business

The team behind popular contact- and file-sharing app Bump and photo-aggregating app Flock announced this week they will be shutting down the apps to continue work on other projects inside Google. Bump, acquired by Google in September, will no longer be available by the end of this month. Bump and Flock users are encouraged to export all their data by following the instructions that become available when opening either of the apps. Continue reading Google Shuts Down Bump App: Users Have January to Save Data

Google announced it has acquired Bump, the popular mobile app that enables users to share contact info, images, videos and files by simply “bumping” mobile devices into each other. While neither company revealed specifics of the deal, a source close to the transaction told AllThingsD that Google paid between $30 and $60 million. The news comes as Apple releases its iOS 7 today, which includes a similar technology called AirDrop, a new means of wirelessly sharing files with other nearby Apple device users. Continue reading Google Acquires Mobile Startup Bump as Apple Unveils AirDrop