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

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

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...ogout>> is supposed to mean.” The admission is the latest in a series of privacy blunders from Facebook, which has a record of only correcting such matters when they are brought to light by other people. Earlier this year, the social network website stopped gathering browser data from users who had never even been to Facebook.com after it was exposed by a Dutch researcher. Facebook was force...

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...

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...

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...

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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...#8217; profile pages to create what CEO Mark Zuckerberg says is a “new way to express who you are”. Facebook CEO Mark Zuckerberg during the Facebook f8 Developer Conference at the San Francisco Design Center Facebook is introducing new ways for people to connect with friends, brands and games while also sharing details about their lives from the mundane to the intimate. “If you look at Facebook&#...

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

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The rumor that Facebook would begin charging its users with a subscription fee is not true, Facebook has assured. On Sunday, an online rumor that Facebook was going to begin charging as much as $10 per month starting Monday prompted widespread digital panic. The pseudo Facebook announcement was written in all capital letters and spread around the social network by gullible users. The announcement...

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

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...ebook chief executive Mark Zuckerberg said: “The work we’ve done to make mobile the best Facebook experience is showing good results and provides us with a solid foundation for the future.” According to chief financial officer David Ebersman, 20 billion minutes a day were spent on Facebook in June. “This quarter marks the end of our first year as a public company and I thin...

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

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The NASDAQ exchange saw Facebook shares jumping more than 10% within minutes of making their stock market debut. Facebook shares rose to $42, having been initially priced at $38 each, before falling back to trade flat. Mark Zuckerberg, 28, who started Facebook while at university, remotely opened trading on the Nasdaq earlier. He appeared via a video link from a celebration at the firm’s 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...

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...

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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Some less-than-enthused analysts are already warning their clients against buying Facebook’s shares one day after the social networking site rolled out 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 t...

Authorities in Zanesville, Ohio, urged nearby residents to stay in their houses as wild animals were spotted wandering up and down highways in the area

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

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...rsday. Violations will be subject to civil penalties of up to $16,000 per day for each infringement. Facebook had no comment beyond a statement that it is pleased the settlement received final approval. The company’s stock gained 52 cents, or 2.5%, to $21.53 in midday trading Friday. Facebook, based in Menlo Park, California, began trading publicly in mid-May, after the settlement with the F...

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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Facebook has taken it upon itself to change its 900 million users’ email address and replace it with one that ends in “@facebook.com”. The changeover happened 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...

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

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Facebook launches its own app store to promote mobile programs that operate using the social network. Facebook said the App Center will become the “new, central place to find great apps like Draw Something” and other titles. Developers will have the ability to charge a fee for apps sold in the store in the near future, Facebook said. The announcement came as Facebook admitted growth i...

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

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...ey Zandy declined to discuss the tax break with Businessweek and instead referred to a transcript of Facebook executives’ conference call with analysts. In this call, Chief Financial Officer David Ebersman mentioned the accumulated tax benefits before noting that Facebook ended the fiscal year with nearly $10 billion in cash and investments. David Ebersman claimed this gave the company ‘grea...

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...

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

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...l staple of Twitter, has become a major factor for teenage bullying on Facebook. But the numbers for Facebook don’t lie. In October of 2012 the site passed its one billionth user, meaning one of every seven people has a Facebook page. No timetable has been announced for hashtags on Facebook. Related search articles:anna chickadee shannon facebook page boulder hedonistic halloween gala jerma...

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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...Facebook admitted on Friday that the Likes of a particular page might not necessarily reflect actual Facebook fans since marketers have increasingly circumvented 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 crack...

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’s Timeline will bring to your pages a more magazine-like photo-heavy feel, with a large “cover photo” at the top of the page

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Facebook’s Timeline, which exposes people’s entire history on the site, will become mandatory for all users. Timeline has been voluntary up until now. From now, users will simply be notified that they are being “updated” via an announcement at the top of their home page, which users click on to activate Timeline. As with voluntary switches to Timeline, those who are “updated” will have just...

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

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Facebook has decided to buy an Israeli startup specializing in facial recognition technology – Face.com. The firm already provides software that allows Facebook’s members to identify and tag photos of their friends. The terms of the deal are not known, but Reuters quotes estimates of $55-60 million. Tagging is a popular feature on Facebook, but privacy advocates have raised concerns a...