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 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.

Sunday, 5 October, 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

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.

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