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Yahoo has decided to file an intellectual property lawsuit against Facebook claiming that the social network has infringed 10 of its patents including systems and methods for advertising on the web

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Yahoo has decided to file an intellectual property lawsuit against Facebook claiming that the social network has infringed 10 of its patents including systems and methods for advertising on the web. Facebook denies the allegation. The move comes ahead of Facebook’s planned flotation later this year. Patent litigation has become common between the smartphone makers, but this marks a new fron...

Facebook and Yahoo have settled their patent row and formed an advertising alliance

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...release quoted Ross Levinsohn as saying: “We are excited to develop a deeper partnership with Facebook, and I’m grateful to Sheryl and her team for working hard together with our team to develop this dynamic agreement… Combining the premium content and reach of Yahoo as the world’s leading digital media company with Facebook provides branded advertisers with unmatched oppo...

Mark Zuckerberg and Facebook leading investors cashed out millions of shares before the price dropped off

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Mark Zuckerberg, Facebook founder and CEO, and leading investors in the company cashed out millions of shares before the price dropped off, according to company filings. It was also revealed that a company executive issued a warning days before the Initial Public Offering (IPO) that Facebook’s revenues are lower than expected, information that would have likely dropped the opening price of the st...

Facebook has admitted that it has been watching the web pages its users visit even when they have logged out

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Facebook has admitted that it has been watching the web pages its users visit even when they have logged out. In its latest privacy blunder, Facebook was forced to confirm that it has been constantly tracking its 750 million members, even when they are using other sites. Facebook also says the huge privacy breach was simply a mistake – the software automatically downloaded to users’ c...

Tommy Jordan filmed himself shooting his 15-year-old daughter Hannah's laptop and published it on her Facebook page after she moaned about her parents

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...funny pictures of her are posted. Since that’s not too often, and she has very few friends on Facebook, her wall is kind of bare, with relatively few posts showing up on it. The other night we gave the dog a bath and there was a funny photo we uploaded to Facebook and tagged her in. I logged in as the dog the next morning to comment on the photo. However when I logged into the dog’s p...

Yahoo CEO Carol Bartz posted her first official blog post today.

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...ecently, Yahoo has settled a payment dispute with China’s Alibaba Group, in which the internet company holds a 40% stake. Carol Bartz, the fired CEO, has also had to watch as Yahoo loses further ground as an internet domain to all-conquering Google, while also facing strong competition from other social networks like Facebook. Yahoo ex-CEO announced her departure to employees via a two-sente...

The Facebook charging most recent rumor began just days after Facebook's facelift last week

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...#8221; button is now concealed. A timeline is also slated to be available within the next few weeks. Facebook certainly does not need to boost its revenue – especially at the risk of alienating its most powerful tool for generating revenue: Its 800 million active users. In the first half of 2011, Facebook doubled its profits. With zero subscription-based revenue, the company is still worth $...

Facebook Timeline will allow users to see which of your previous “friends” at some point decided to end the relationship along with every picture, message and app used

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...eature, which is set to be rolled out in the near future, users will be able to see all their entire Facebook history, including their shifting friends lists. Facebook Timeline will allow users to see which of your previous “friends” at some point decided to end the relationship along with every picture, message and app used. Community manager at Mashable Meghan Peters told BuzzFeed: “There is a w...

Facebook has now surpassed one billion people using it every month

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Facebook has now surpassed one billion people using it every month, the company has said. The passing of the milestone was announced by founder Mark Zuckerberg on US television on Thursday. The company said that those billion users were to date responsible for 1.13 trillion “likes”, 219 billion photos and 17 billion location check-ins. The site, which was launched in 2004, is now look...

The NASDAQ exchange saw Facebook shares jumping more than 10 percent within minutes of making their stock market debut

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...headquarters in California. There had been a delay of about half an hour in the start of trading in Facebook shares, which analysts say reflected the huge demand for the stock. The $38 initial share price values the eight-year-old social network site at $104 billion. Strong demand had led the company to increase both the price and the number of shares available for sale. Facebook’s owners a...

Facebook shares jumped by more than 25 percent after it beat profit forecasts with stronger than expected mobile ad sales

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...al networking giant had reported profits of $333 million in Q2 2013. When trading began in New York, Facebook shares were 25.6% higher at $33.30, the highest since May 2012. Facebook, which is the world’s largest social networking company, floated on the Nasdaq at $38 a share last year. Following the release of the latest results, at least 16 brokerages raised their price targets for the fir...

Tommy Jordan has taught his disgruntled teenage daughter a very public lesson in respecting one’s elders by shooting her laptop on camera and then publishing the video on her Facebook page

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...son in respecting one’s elders by shooting her laptop on camera and then publishing the video on her Facebook page. Tommy Jordan made the video after his 15-year-old daughter Hannah had apparently written a Facebook post complaining about all of the chores she has to do at home. Hannah was also moaning about how difficult her parents made her life. But when IT worker Tommy Jordan found the post he...

Facing competition from younger, more agile and “cooler” apps such as Snapchat and Instagram, Facebook fears its long-term business could be harmed

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Facebook has admitted that teenagers are becoming bored with the social networking giant. Facing competition from younger, more agile and “cooler” apps such as Snapchat and Instagram, Facebook fears its long-term business could be harmed. And as Facebook approaches its tenth anniversary the firm published its annual 10-K report last month revealing that its younger users are increasingly turning...

Facebook’s less-than-stellar debut saw its shares end the day on Friday just 23 cents, or 0.6 percent, higher than its initial price, at $38.23, valuing the company at $104.2 billion

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...its much-anticipated IPO. Brian Wieser, an analyst at Pivotal Research Group in New York, said that Facebook’s shares were implausibly priced, leading him to put a “sell” rating on the stock. Facebook’s less-than-stellar debut saw its shares end the day on Friday just 23 cents, or 0.6%, higher than its initial price, at $38.23, valuing the company at $104.2 billion – even though it only mad...

Facebook’s Lulea plant is the firm's first facility outside the US, in a location chosen because the fierce cold will help to keep the company's racks of high-performance computers cool

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Facebook has a new server farm located in the northern Swedish city of Lulea. Facebook’s Lulea plant is the firm’s first facility outside the U.S., in a location chosen because the fierce cold will help to keep the company’s racks of high-performance computers cool. The company looked at several sites across Europe, and picked Lulea for its cold climate. The move will see Facebook bec...

Mark Zuckerberg caressing his hairy chest while obviously having a very good time cavorting with the other topless men

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...the other men. The jury is out on what exactly is going on in the picture or where it was taken and Facebook have yet to respond to a request for comment. The photo surfaced on the image-sharing site imgur, posted anonymously by someone who says they screen grabbed it from Facebook. They claim the picture was “accidentally posted” by Facebook Director of Engineering Andrew Bosworth – who is...

Facebook launches its own app store to promote mobile programs that operate using the social network

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...charge a fee for apps sold in the store in the near future, Facebook said. The announcement came as Facebook admitted growth in mobile use could hurt future advertising revenue. Ahead of its initial public offering, Facebook told potential investors in a statement: “If users increasingly access Facebook mobile products as a substitute for access through personal computers, and if we are una...

Facebook has taken it upon itself to change its 900 million users' email addresses and replace it with one that ends in “@facebook.com”

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...ened on Monday, with each individual’s personal email account being hidden in place of the one Facebook thinks you should use. It means that anyone who searches for you on Facebook and wanted to send an email will now only be able to see @facebook.com – unless you manually revert. This means the email will come via Facebook messages instead of another account. Technology blogs lit up a...

Facebook will not pay any tax for 2012 despite making $1.1 billion in pre-tax profits from US operations

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According to a report released on Thursday, Facebook will not pay any tax for 2012 despite making $1.1 billion in pre-tax profits from U.S. operations. But Mark Zuckerberg’s company will also get a multimillion dollar tax refund of around $429 million according to Citizens for Tax Justice (CTJ). The refunds reportedly come from tax deductions on executive stock options and share awards. Fac...

Facebook's acquisition of mobile messaging service WhatsApp has been opposed by privacy groups

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Facebook’s acquisition of mobile messaging service WhatsApp has been opposed by privacy groups. Facebook is planning to buy WhatsApp for around $19 billion. Opponents want the US Federal Trade Commission to stop the deal until Facebook provides more information on what it plans to do with the personal data of WhatsApp’s users. But Facebook said it will operate as a separate company an...

Facebook announced they would be borrowing a page from Twitter's manual and introducing hashtags onto its site

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Facebook announced they would be borrowing a page from Twitter’s manual and introducing hashtags (#) onto its site. According to The Week, no specific date has been announced for the introduction, but soon Facebook users who click on a word preceded by a hashtag will bring up all Facebook posts tagged with that hashtag. Hashtags have become an important marker for Twitter. In the past week...

New reports have suggested that Facebook is to launch its own smartphone by next year

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New reports have suggested that Facebook is to launch its own smartphone by next year. The New York Times cited unnamed sources, including Facebook employees, suggesting that the network had been hiring several smartphone engineers. Facebook recently admitted it was struggling to make money out of its growing mobile audience. The company, which recently floated on the stock market, has also just...

Facebook announces it is cracking down on services that allow users to purchase Likes in bulk to boost the appearance of their page's popularity

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...nted the website’s policies and have been offering Likes for purchase, to bulk up numbers. New Facebook security measures will work to make it more difficult for third parties to deceptively garners Likes. Facebook announces it is cracking down on services that allow users to purchase Likes in bulk to boost the appearance of their page's popularity “A Like that doesn’t come from s...

Barack Obama has enjoyed a surge in Facebook "likes", thanks to a co-ordinated social media campaign

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President Barack Obama has enjoyed a surge in Facebook “likes”, thanks to a co-ordinated social media campaign. His team paid for “Sponsored Stories” to appear in some users’ Facebook news feeds – regardless of whether they wanted to receive them. President Barack Obama’s page received more than one million “likes” in a single day – comp...

Facebook has decided to buy an Israeli startup specializing in facial recognition technology Face.com

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...uilding the largest and most accurate facial recognition database in the world, and with great power comes great responsibility,” said Emma Draper, the organization’s head of communications. “We would hope to see very strict safeguards on how this information is stored and who has access to it, particularly if – as seems increasingly likely – Facebook is going to star...