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.

Internet big boys take aim at Singapore’s 'regressive' new rules

The Internet and related industries have become an important sector for Singapore, with revenues last year growing 23 per cent to S$103 billion (HK$622.95 billion). Photo: Reuters

Singapore’s move to tighten regulation of news web sites, already under fire from bloggers and human rights groups, has attracted criticism from an unexpected quarter - large internet firms with a big presence in the city-state who say the new rules will hurt the industry

Monday, 8 July, 2013, 3:35pm 3 comments

Facebook pushes search feature to more users

Facebook unveiled the social search tool in January, but only made it available to a fraction of its 1.1 billion users. Photo: AP

Users who may have grown frustrated with Facebook’s rudimentary search feature are getting an updated version designed to make it easier to find people, places and photos on the site.

8 Jul 2013 - 12:11pm

Facebook is pulling ads from racy, violent pages

Facebook is bowing to pressure over hate speech on its site. Photo: AP

The social network says that on Monday will expand its definition of pages and groups that are too controversial to carry advertisements.

Facebook has sought to strike a balance between giving its 1.1 billion monthly users the freedom to post what they want and providing advertisers with space to sell their products.

1 Jul 2013 - 11:36am

US man pleads guilty in US$13m Facebook share case

Electronic screens show the price of Facebook shares after they began trading in New York on June 27, 2012. Photo: AP

An investment adviser pleaded guilty Tuesday in a US$13 million (HK$100.8 million) securities fraud scheme that prosecutors say capitalised on enthusiasm for shares of Facebook and other Internet companies about to go public.

26 Jun 2013 - 10:59am

Instagram video a savvy move by Facebook

Instagram boss Kevin Systrom said the video feature was initially left out because the “speed, simplicity and beauty” the creators wanted in the app were possible with photos, but “really hard for video”. Photo: AFP

If you think Instagram snapshots of lunch plates, drooling babies and random desk objects are exciting, just wait until your friends start posting 15-second videos.

21 Jun 2013 - 2:06pm

Facebook rolls out video for Instagram

An Instagram iOS engineer poses after a media event at Facebook's headquarters to announce that it would add smartphone video-sharing to its Instagram photo-based social network. Photo: AFP

Facebook introduced video for its popular photo sharing application Instagram in an attempt to go to head-to-head with rival Twitter.

The world’s No. 1 social network said its more than 130 million Instagram users can now record and post 15 second videos on the platform.

21 Jun 2013 - 2:11pm

Facebook worth a 'like', says official

Sheryl Sandberg

A year after Facebook's fumbled initial public offering, Wall Street remains slow to recognise what the company's chief operating officer, Sheryl Sandberg, argues has been an across-the-board improvement in its business.

21 Jun 2013 - 4:18am

Facebook, Microsoft admit receiving thousands of warrants seeking data

Tom Furlong, vice president of site operations at Facebook, at the company's server facility in Lulea, Sweden. Photo: Reuters

Facebook and Microsoft said they had received thousands of warrants for data from government entities in the US during the second half of 2012, but added the US government did not permit them to provide specific figures.

16 Jun 2013 - 5:45am 1 comment

New Myspace takes it back to the future

A screen shot from the newly designed Myspace.com. Tim and Chris Vanderhook unveiled the new MySpace.com on Wednesday. Photo: AP

Tim and Chris Vanderhook think Myspace had it right — at one point. And they believe they’ve revived and improved that formula for success as the revamped first titan of social media debuts its latest incarnation.

13 Jun 2013 - 12:12pm

Facebook adds Twitter-style hashtags for topics

Facebook users can now search the service based on hashtags or click on a hashtag to get a list of posts people have put in the category. Photo: Reuters

Facebook has added Twitter-style hashtags to help the more than one billion members of the social network tune into topics of interest at the leading social network.

“To date, there has not been a simple way to see the larger view of what’s happening or what people are talking about,” Facebook product manager Greg Lindley said in a blog post.

13 Jun 2013 - 11:24am

US tech firms push for govt transparency on security

Search engine giant Google on Tuesday asked for government permission to publish the total number of government requests for national security information. Facebook and Microsoft followed suit within hours. Photo: AP

Three of the largest Internet companies called on the US government to provide greater transparency on national security requests on Tuesday, as they sought to distance themselves from reports that portrayed the companies as willing partners in supplying mass data to security agencies.

12 Jun 2013 - 10:45am

Taxing technology

Apple's gleaming profile took a knock after a US congressional report said it uses a complex 'highly questionable' tax strategy. Photo: Reuters

For the giants of Silicon Valley, the fall from freedom's children to social pariah has been something of a Shakespearean reversal of fortunes. Google, Apple and Facebook might be Lear, Othello and Macbeth in the suddenness and completeness of their fall from a grace that was bequeathed to them by the generations that found their technologies liberating, empowering and even beautiful.

30 May 2013 - 4:33am

Letters to the Editor, May 29, 2013

'Top hat' fate for Wan Chai market. Photo: Edward Wong

I find it hard to understand how Peter Lok, in his letter ("Nomination process not negotiable", May 20) could reach the conclusion that my article ("The key step", May 8) was, in his words: "meant to persuade the government to get rid of the nomination of candidates in the election of the chief executive".

29 May 2013 - 10:22am

Tech firms' trophy office plans may signal high point in their fortunes

Amazon's Seattle HQ. Photo: AFP

While much of corporate America is retrenching on the real estate front, the four most influential technology companies in the US are each planning headquarters that could win a Pritzker Architecture Prize for hubris.

29 May 2013 - 2:40am 1 comment

Google eyes map-software maker Waze

Waze's mobile app alerts users to potential traffic slowdowns or suggests alternative ways to reach destinations. Photo: Reuters

Google, maker of the Android operating system, is considering buying map-software provider Waze, setting up a possible bidding war with Facebook, people familiar with the matter said.

25 May 2013 - 5:14am