• Sat
  • Dec 20, 2014
  • Updated: 11:48am
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 adds anonymous login in move to give users more privacy

Facebook adds anonymous login in move to give users more privacy

Facebook is moving to bolster the trust of its more than one billion users by providing new controls on how much information is shared on the world’s leading social network.

Friday, 2 May, 2014, 3:00am 2 comments

Facebook increasingly shaping our view of the world

Facebook recently acquired messaging company WhatsApp for US$19 billion and snapped up Oculus VR, a virtual reality headset company, for US$2 billion. Photo: Reuters

It's no surprise that social media, notably Facebook, is quickly becoming the core of our social lives, thanks to the availability and affordability of slick smartphones.

8 Apr 2014 - 1:38am

Facebook claimant to face fraud charges

Paul Ceglia

A New York businessman must face criminal fraud charges for trying to claim a billion-dollar stake in social media company Facebook, a US federal judge ruled. Paul Ceglia, 40, is accused of forging a 2003 contract with Facebook CEO Mark Zuckerberg that supposedly entitled him to part ownership of the company.

9 Mar 2014 - 6:22am

Facebook takes aim at users selling guns after safety advocacy campaign

Facebook and Instagram will remove content that represents a "direct, credible risk" to users and notify police when appropriate. Photo: AFP

Facebook is taking aim at people who are using its social network or the Instagram photo-sharing platform to sell guns.

Under pressure from gun safety advocates, Facebook will block members under 18 years of age from viewing pages or timeline posts that involve private sales of firearms and will set up online "checkpoints" warning people that such deals may be illegal.

6 Mar 2014 - 9:14pm

Facebook eyes drone maker to replace satellites to get web to poor countries

Facebook is reportedly in discussions to acquire Titan Aerospace, a manufacturer of drones. Photo: AP

Facebook is reportedly interested in acquiring a company that makes drones capable of flying at high altitudes for up to five years at a time, to replace satellites

5 Mar 2014 - 9:04pm

Facebook seeks injunction against Hong Kong online games firm

Facebook seeks injunction against Hong Kong online games firm

Facebook has filed a lawsuit with the city's top court seeking an injunction to stop a local online games firm, its founder and another Hongkonger from using its website or any of its services.

2 Mar 2014 - 5:33am

WeChat in the way of Facebook's ambitions in China

The purchase of WhatsApp, which has about 450 million monthly active users, is Facebook's biggest-ever acquisition. Photo: Reuters

Facebook may well see its US$19 billion acquisition of WhatsApp as a way to break into the mainland's growing mobile-messaging market, but it faces a big challenge taking on Chinese internet giant Tencent's home-grown WeChat platform, analysts say.

21 Feb 2014 - 4:31am

Facebook extends global reach with WhatsApp purchase - but not in China

Facebook has been blocked on mainland China since 2009. Photo: EPA

Facebook has no immediate plans to use mobile-messaging provider WhatsApp, which the social network operator is acquiring for up to US$19 billion, as a means to unblock its content on the mainland.

Facebook CEO Mark Zuckerberg and WhatsApp chief Jan Koum said in their conference call yesterday there would be no change to WhatsApp's operations worldwide.

21 Feb 2014 - 10:51am 2 comments

How Facebook CEO Mark Zuckerberg courted WhatsApp founder Jan Koum

Jan Koum, WhatsApp CEO

The relationship between Facebook and WhatsApp started in the spring 2012 over coffee at a German bakery. It was consummated on Valentine's Day with chocolate-covered strawberries, after just five days of talks.

21 Feb 2014 - 3:14pm 6 comments

Is Whatsapp going to open doors for Facebook in China?

This Wednesday, Feb. 19, 2014 photo shows the WhatsApp and Facebook app icons on an iPhone in New York. Photo: AP

I haven't written about Facebook (Nasdaq: FB) in a while, mostly because the company hasn't made any concrete moves into China lately despite previous assertions that it would like to enter the market.

20 Feb 2014 - 4:57pm 3 comments

Facebook buys WhatsApp for US$19 billion

'No one in the history of the world has ever done something like this,' Mark Zuckerberg said. Photo: Reuters

Facebook will buy fast-growing mobile-messaging startup WhatsApp for US$19 billion in cash and stock in a landmark deal that places the world’s largest social network closer to the heart of mobile communications and may bring younger users into the fold.

20 Feb 2014 - 12:49pm 6 comments

Asian messaging apps moving in on global tech giants' turf

WeChat has emerged as an alternative distribution channel for advertisements, software applications and goods and services. Photo: Reuters

Asian chat services KakaoTalk, Line and WeChat threaten to overturn the mobile order of things, usurping the role of Google, Apple, Amazon.com Facebook and telecommunications carriers as gatekeeper to the consumer.

20 Feb 2014 - 12:56am

Child advocacy groups say Facebook deal does not compel it to change

A US judge in August approved the deal to make Facebook pay for using members "likes" as endorsements for ads. Photo: Reuters

Children's advocacy groups lambasted Facebook as they launched a bid to axe a US$20 million deal to settle charges that the social network violated privacy by using "likes" as endorsements for ads.

14 Feb 2014 - 9:26pm

Facebook gives 50 options to identify gender like androgynous, transsexual

Facebook software engineer Brielle Harrison demonstrates Facebook's expanded options for gender identification. Photo: AP

You do not have to be male or female on Facebook anymore. The social media company is adding a customisable option with about 50 different terms people can use to identify their gender as well as three preferred pronoun choices: him, her or them.

15 Feb 2014 - 3:56am

Facebook founder Mark Zuckerberg's very public view of privacy

Illustration: Craig Stephens

Ten years ago, a 19-year-old Mark Zuckerberg sat at a computer in his Harvard dorm room and launched thefacebook.com The goal, according to a 2009 Zuckerberg blog post commemorating Facebook's 200 millionth user, was "to create a richer, faster way for people to share information about what was happening around them".

9 Feb 2014 - 4:48am