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  • April 16, 2014
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  1. Business - Companies

    Facebook stocks surge on US$1.5 billion 2013 earnings and rising membership

    Posted Jan 30th 2014, 11:33am by AFP

    ... Agence France-Presse in San Francisco Facebook's 2013 Q4 earnings post eight-fold year-on-year increase, driven by swelling membership and ad revenues Facebook said on Wednesday ... Facebook shares rallied more than 12 per cent in after-hours trading to a new high of $60.05 after release of the earnings figures. Facebook once again grew not just its total number of users, ...

  2. News - World - INTERNET

    Facebook will lose 80pc of users by 2017, say Princeton University researchers

    Posted Jan 24th 2014, 12:08am by GDN

    ... The Guardian Social network will lose 80 per cent of users by 2017, say researchers at Princeton University Facebook 'doomed to die out like an infectious disease' Facebook has ... The forecast of Facebook's impending doom was made by comparing the growth curve of epidemics to those of online social networks. Scientists argue that, like bubonic plague, Facebook ...

  3. Business - Companies - WEALTH

    Sheryl Sandberg can officially change her Facebook status to ‘billionaire’

    Posted Jan 23rd 2014, 01:26pm by Staff Reporter

    ... Staff Reporter Upbeat Facebook stock performance brings executive's wealth to new heights When Sheryl Sandberg heads to this week’s World Economic Forum in Switzerland, she will walk in as a billionaire. Reports said the Facebook chief operation officer’s wealth officially surpassed US$1 billion on Wednesday on the back of a surge in Facebook stocks, of which she holds about 12.3 million ...

  4. News - World - COURTS

    Facebook sued for sharing users' data with advertisers and marketers

    Posted Jan 04th 2014, 02:20am by BLOOM

    ... Bloomberg in San Francisco Facebook facing lawsuit over sharing users' data Facebook is being sued in the US over allegations it systematically intercepts its users' private messages on the social network and profits by sharing the data with advertisers and marketers. When users compose messages that include links to a third-party website, Facebook scans the content ...

  5. Business - Companies

    Facebook, Zuckerberg plan to sell 70m shares

    Posted Dec 20th 2013, 02:58am by BLOOM

    ... Bloomberg in New York Facebook, Zuckerberg plan to sell 70m shares Mark Zuckerberg, the chief executive of Facebook, is selling shares to help pay taxes, joining the company and some other shareholders in an offering worth about US$3.9 billion. About 27 million shares would be offered by Facebook and almost 43 million shares were being sold by stockholders, including 41,350,000 shares ...

  6. Comment - Insight & Opinion - LEADER

    Facebook has a moral duty to police the posting of violent videos

    Posted Oct 25th 2013, 01:22am by SCMP Editorial

    ... SCMP Editorial Facebook's moral duty Facebook has become an integral part of life for many of its 1.15 billion users. A decision by the company to reimpose a ban on the posting ... morality issues are involved. Social media, given its prevalence and role, should follow the same example. The test is one of offensiveness. Facebook has been inconsistent in this regard, tightly ...

  7. News - World - INTERNET

    Facebook lifts ban on decapitation videos

    Posted Oct 22nd 2013, 10:05am by Reuters in San Francisco

    ... Reuters in San Francisco Social network allows content with graphic violence if users ‘condemn’ them Facebook has surreptitiously resumed allowing decapitation videos to be posted on its ... “Facebook has long been a place where people turn to share their experiences, particularly when they’re connected to controversial events on the ground, such as human rights abuses, acts ...

  8. News - World - SOCIAL MEDIA

    Facebook about-turn as video of beheading is removed

    Posted Oct 23rd 2013, 10:16am by AFP

    ... Facebook pulls gory video of beheading Facebook has removed a beheading video from the social network following outrage over its lifting of a ban on gory images. The about-turn comes as Facebook seeks to balance the diverse sensitivities of its billion-plus members with a desire to be a platform for free speech and real-world news stories. "People turn to Facebook to share ...

  9. News - World - SOCIAL MEDIA

    Facebook removes teen restrictions, allowing them to share with everyone

    Posted Oct 17th 2013, 08:39pm by AP

    ... Associated Press in San Francisco Ability to share posts with everyone on the internet raises fears of exploitation Facebook removes restrictions on teens Facebook is now allowing teenagers to share their posts on the social network with anyone on the internet, raising the risks of minors leaving a digital trail that could lead to trouble. The change affects Facebook users ...

  10. News - World - INTERNET

    New setting leaves nowhere to hide for Facebook's one billion users

    Posted Oct 13th 2013, 12:00am by AFP

    ... Agence France-Presse in San Francisco New setting leaves nowhere to hide Facebook is ending a feature that allowed users to hide from the social network's billion-plus members. The feature will be removed from November 11, meaning that someone looking for another Facebook user can more easily find that person. "The setting was created when Facebook was a simple ...




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