How’s this for some big news on an otherwise slow Monday? Facebook CEO Mark Zuckerberg has let slip that his company plans to buy popular photo-sharing app Instagram (pending all of the standard regulatory approvals, naturally). According to a report from All Things D‘s Kara Swisher, Facebook will pick up the social app, which got its own long-awaited Android version, for a cool $1 billion in cash and shares. Ole Zuck confirmed the news on his personal blog, adding that the deal won’t affect Instagram’s integration with competing social networks:
We think the fact that [...]
Facebook is planning an assault on the mobile market next week, with the social network announcing it is about to “launch something awesome”.
Facebook is currently working on a new app optimised for iPad but it is also said to be working on another mobile product which is photo sharing for the iPhone.
All we know about the apparent product launch is that CEO Mark Zuckerberg told journalists that the Seattle office was the place where mobile developments were taking place and that next week’s launch would be “awesome”.
It’s no surprise that [...]
Cameron and Tyler Winklevoss, who yesterday settled a long-running court case against Facebook for a not-too-shabby payout of £48 million, have filed a new lawsuit against the social network and its CEO, Mark Zuckerberg.
The new case, filed in Boston, suggests that Facebook and Zuckerberg “intentionally or inadvertently suppressed evidence” in the recently-settled lawsuit.
The Winklevosses and their partner Divya Narendra have long maintained that Mark Zuckerberg stole their idea for a social network while at Harvard University, repurposed it into Facebook and became the mega [...]
Facebook CEO Mark Zuckerberg wants kids younger than 13 years on Facebook. Speaking at NewSchools Summit in the US, Zuckerberg said that younger children should be allowed on the site for education purposes.
According to a news report on Fortune, the Facebook CEO said that in the future, software and technology will enable people to learn a lot from their fellow students.
Presently, Facebook allows only people aged 13 and above to sign up for the site. However, it is quite esay to get around this as Consumer Reports recently reported that there are approximately 7.5 million underage kids [...]
Facebook has officially announced that it has passed 500 million users milestone all over the globe. Facebook’s CEO Mark Zuckerberg wrote in his blog post:
“As of this morning, 500 million people all around the world are actively using Facebook to stay connected with their friends and the people around them.”
“I could have never imagined all of the ways people would use Facebook when we were getting started 6 years ago. I want to thank you for being part of making Facebook what it is today and for spreading it around the world.”
On the celebration of this huge success event, Facebook [...]
Facebook is once again in hot water for how it handles a user’s privacy, though this time it’s looking like some real trouble for the company. Facebook members and the media alike are calling for the service to put its users first, security fears are fueling movements calling for people to leave the site and Facebook’s CEO, Mark Zuckerberg, certainly isn’t doing the site any favors when it was found out he called his earliest users “dumb fucks” and offered to steal their personal data. Maybe he’ll appreciate privacy a little more, now.
If it’s all [...]
It’s been six years to the day that Facebook launched, and the company’s massive growth is showing no signs of slowing down. Minutes ago, Facebook founder and CEO Mark Zuckerberg posted a note to the site’s blog celebrating the milestone. In it, he says that Facebook will cross the 400 million user mark this week. And it’s been less than five months since the social network hit 300 million.
To celebrate, the company is holding its own version of a party — it’s Hackathon time. That means all of the company’s engineers are about to embark on all night coding [...]