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.

Facebook grows to 471m monthly active users in Asia-Pacific, up 20 per cent on 2014

Facebook CEO Mark Zuckerberg speaks at the Facebook F8 conference in San Francisco, California on March 25, 2015. Photo: Reuters

More than 270 million people across the Asia-Pacific region use Facebook every day, according to new filings from the world’s largest social network, even as the company's revenue growth came in slightly below analysts' expectations.

Thursday, 23 April, 2015, 4:41pm

Whatsapp the top pick for Hong Kong’s remote workers who need to stay in touch

Whatsapp keeps Hong Kong workers on the job, wherever they are

Messaging app Whatsapp and file sharing tool Dropbox are the most popular remote working tools among Hong Kong workers, according to a global survey on remote working habits.

More than 90 per cent of 365 workers in the city surveyed by serviced office firm Regus reported using Whatsapp when working outside the office, while Dropbox was used by 72 per cent.

21 Apr 2015 - 11:14am

Facebook conducts successful test of drone to deliver internet services

Drones powered by the sun will fly at altitudes of 18,000 metres or higher and be able to remain aloft for months, according to Zuckerberg.

Facebook co-founder Mark Zuckerberg has proclaimed the successful test of a wide-winged, solar-powered drone built to deliver wireless internet services to remote spots.

28 Mar 2015 - 7:29am

Facebook brings apps, businesses to Messenger in face of competition from WeChat, Line

Facebook CEO Mark Zuckerberg talks about Messenger app during the Facebook F8 Developer Conference in San Francisco on March 25, 2015. Photo: AP

Facebook is following the lead of Asian competitors WeChat and Line in opening its Messenger service to developers, as well as allowing businesses to use the app to handle customer support queries.

21 Apr 2015 - 11:11am

New York Times, BuzzFeed and others to publish content directly on Facebook

Facebook hopes that publishers will put all content directly on its platform. Photo: Bloomberg

Facebook has completed its transformation into a one-stop-shop web portal as several major US media organisations are preparing to publish content directly on the social media platform. 

24 Mar 2015 - 4:38pm

Facebook, Xiaomi each launch mobile payment services in challenge to Apple, Alibaba

Facebook is launching a mobile payments service which will allow users to send each other money through the Messenger app. Photo: Reuters

Facebook Messenger will soon let US users send each other money through the app, while Xiaomi said it is launching a money-fund-style wallet for Chinese users. 

21 Apr 2015 - 11:32am

Facebook lets users pick 'legacy contact' to manage profile after death

Facebook users are now able to set a legacy contact, from the security settings.

Beginning in the US, Facebook users can pick a "legacy contact" to post on after they die.

14 Feb 2015 - 10:27am

What will it take for Hong Kong to host the next Facebook or Alibaba?

Mainland China is home to a handful of internet success stories such as Alibaba. Photo: Xinhua

Let's talk about start-ups, probably the hottest thing being discussed this year from Silicon Valley to Beijing.

23 Feb 2015 - 11:57pm 1 comment

Are you sure? Facebook tackles graphic imagery by asking if users really want to see it

Facebook users will have to click on certain graphic videos that previously might have played on their news feeds automatically. Photo: Reuters

Facebook has begun placing warning messages over videos and photos that it deems may contain graphic images that could "shock, offend and upset".

15 Jan 2015 - 10:25am

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.

19 Nov 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.

21 Apr 2015 - 11:14am 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