• Mon
  • Dec 22, 2014
  • Updated: 12:46am
Facebook

Facebook

Launched in February 2004, Facebook is a social networking service founded by Mark Zuckerberg with his college roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. Early investors include Microsoft and Hong Kong tycoon Li Ka- shing, through his namesake charitable foundation. Facebook’s US$16 billion initial public offering in May 2012 generated huge investor interest although the shares subsequently slumped in price.

LinkedIn shares suffer drop as plan for Facebook at Work draws closer

LinkedIn shares suffer drop as plan for Facebook at Work draws closer

Shares in LinkedIn dived as talk spread of plans by Facebook to step into its turf with a version of the leading social network tailored for the business world.

Wednesday, 19 November, 2014, 3:59am

Criminologists identify types of killer who use Facebook to carry out crimes

Facebook's role as a 'killer' app

Researchers at Birmingham City University have identified six types of killer who use Facebook to commit crimes, in the first study of how the social networking site can affect criminal behaviour.

5 Nov 2014 - 3:59am

WhatsApp returns US$10m in sales after Facebook's US$22b acquisition

Facebook's WhatsApp returns US$10m in sales

The numbers are in for Facebook's acquisition of mobile-messaging application WhatsApp: The social network paid US$22 billion for a startup that generated US$10.2 million in revenue last year.

30 Oct 2014 - 6:26am 1 comment

Facebook’s new Rooms app allows users to be anyone they wish to be

Rooms serve as a virtual settings for photos, videos, and text posted in the spirit of taking part in a conversation about chosen topics.

Facebook has released an application that lets people create virtual "rooms" to chat about whatever they wish using any name they would like.

25 Oct 2014 - 4:25am

US media wowed after Mark Zuckerberg conducts Tsinghua University Q&A in Chinese

Mark Zuckerberg delivers a speech at Tsinghua University in Beijing on October 22, 2014. Photo: AFP

With a self-deprecating warning that 'my Chinese is very bad', Mark Zuckerberg launched into a Q&A in Putonghua.

23 Oct 2014 - 4:55pm 12 comments

Facebook, Zuckerberg sue lawyers over Paul Ceglia's 'scam' lawsuit

Paul Ceglia (left) filed his complaint in 2010, claiming that he signed a contract with Mark Zuckerberg (right) in April 2003 to design the website called "The Face Book" or "The Page Book". Photo: AP

Facebook is suing lawyers who represented a man claiming he was entitled to a stake in the huge social network, saying they should have known he was a scam artist.

22 Oct 2014 - 5:19am

Facebook stepping up battle against spammers who sell fake 'likes'

Facebook is targeting spammers in a concerted effort to preserve authenticity on the massively popular social network. Photo: AFP

Facebook has revealed it has stepped up its battle against spammers who promise to deliver thousands of "likes" in return for money and warned users to beware of such scams.

5 Oct 2014 - 6:08am

Facebook poised to enter health-care sector with 'support communities'

Facebook poised to enter health-care sector with 'support communities'

Facebook already knows who your friends are and the kind of things that grab your attention. Soon, it could also know the state of your health.

4 Oct 2014 - 6:26am

Thousands join 'anti-Facebook' social network Ello

Ello does not require real names.

In a matter of days, the new social network Ello, described as the "anti-Facebook" for its stand on privacy and advertising, has become perhaps the hottest ticket on the internet.

29 Sep 2014 - 3:23am

Facebook beats targets with 61pc boost in second-quarter revenue

Facebook, with its headquarters in California, now counts 1.32 billion monthly users. It plans to invest in new projects.Photo: Bloomberg

Facebook's fast-growing mobile advertising business helped drive a 61 per cent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record high.

25 Jul 2014 - 1:35am

Facebook's worrying emotion code to keep you online longer

The results of Facebook's study should serve as a warning about the dangers of omnipotent technology giants. Photo: AFP

By now, most people have heard about Facebook's controversial study on 700,000 users in 2012 that intentionally distorted the emotional content of members' news feeds without their knowledge or consent.

9 Jul 2014 - 4:01am

Happy or sad, be careful what you post on Facebook

Facebook chief operating officer Sheryl Sandberg pose for a selfie with others at an event in India. Facebook has come under fire for manipulating users' news feeds. Photo: Bloomberg

We chuckled when US President Barack Obama warned 30-plus high school students in 2009 to "be careful what you post on Facebook". But we're not laughing now, after researchers affiliated with Facebook published their joint study on online "emotional contagion", sparking a global outcry.

7 Jul 2014 - 5:17am

Facebook being investigated in UK over privacy concerns

The Irish Data Protection Commissioner's office had been in contact with Facebook on privacy issues. Photo: AFP

Facebook is being investigated by the Information Commissioner's Office (ICO) in the UK after a study showed that a psychological experiment influenced what the users saw in their news feeds, raising fresh privacy concerns.

3 Jul 2014 - 12:39am

Facebook takes steps to open sales office in China

A China office would mark a significant step for Facebook given it is one of the last large, untapped markets for the company. Photo: Reuters

Facebook is taking steps to open a sales office in China to work with local advertisers, according to people with knowledge of the matter, in a move that would put the social network's employees in the country for the first time, even as its service remains censored there.

14 May 2014 - 1:20am 1 comment

Despite the Great Firewall, Facebook’s business is slowly growing in China

Despite the Great Firewall, Facebook’s business is slowly growing in China

Chinese authorities blocked access to Facebook in July 2009, but despite remaining behind the Great Firewall ever since, the world's biggest social network has still managed to infiltrate China's businesses and web infrastructure.

13 May 2014 - 7:06pm 1 comment

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