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.
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.Saturday, 25 May, 2013, 5:14am
Google is considering buying Israeli mobile satellite navigation start-up Waze, which may lead to a bidding war with Facebook, Bloomberg news reported, citing people familiar with the matter.
Waze is seeking more than US$1 billion and is fielding expressions of interest from multiple parties, Bloomberg cited a source as saying.24 May 2013 - 1:45pm
Ex-Hong Kong resident and flamboyant internet mogul Kim Dotcom said he was considering legal action against tech giants such as Twitter, Google and Facebook for infringing copyright on a security measure he invented.24 May 2013 - 2:43am
The world's biggest online retailer was considering a more conservative valuation than the one the social networking company achieved last year, a person familiar with the situation said. While Alibaba, based in Hangzhou, Zhejiang province, has said it has no timetable for an initial share sale, analysts are expecting an offering this year or next.7 May 2013 - 4:25am
Shares of Facebook, which were given a boost last week when the social networking company reported first quarter results that largely met analysts’ expectations, may be over valued, financial newspaper Barron’s said.6 May 2013 - 12:15pm
Facebook reported promising figures for the first quarter, but has found itself defriended by millions of users as it falls out of fashion.5 May 2013 - 2:51am
When it comes to the internet, there is one guarantee: nothing stays the same forever. Facebook, the world's dominant social media platform, is fast finding that out as users in mature markets increasingly abandon it. The nine-year-old website is still hugely popular, so it is wrong to proclaim that an era has ended; innovation and ingenuity could well reverse the trend.4 May 2013 - 4:04am
Secrets are surfacing across campuses as Hong Kong students lay bare their lives on new university confession sites. Part love confessional, part gossip blog and complaints forum, the contents of the Facebook community pages have gone viral.1 May 2013 - 10:37am 8 comments
On asylum seekers protesting against screening process in HK:
Law Hin Lau - Why must they seek political asylum in Hong Kong, not our neighbouring jurisdictions? They must understand that we are under Chinese rule, no longer British rule.1 May 2013 - 2:32am 1 comment
Workers down tools for May Day7 May 2015 - 3:35pm
Facebook has lost millions of users per month in its biggest markets, independent data suggests, as alternative social networks draw the attention of those seeking fresh online playgrounds. As Facebook prepares to update investors on its performance in the first three months of the year, with analysts forecasting a revenue rise of 36 per cent from last year, studies suggest that its expansion in the United States, Britain and other major European countries has peaked.30 Apr 2013 - 2:42am
A rape victim's mother takes her case against city authorities who sent her to a labour camp to court. Tang Hui was sentenced to re-education through labour centre by Yongzhou authorities last year after campaigning for harsher punishment for those who raped her daughter, then 11.12 Apr 2013 - 3:12am
Wiping away your digital life means erasing traces you have left - the mistakes, the embarrassing photos, the unwise comments and the flawed social media profiles where you have left too much visible.7 Apr 2013 - 1:43am
A website thought to be the handiwork of Mark Zuckerberg at the age of 15 resurfaced on the Internet on Thursday, providing a glimpse into the early days of the famed Facebook co-founder.
“Hi, my name is Slim Shady,” the creator of the website said in a message on an “about me” page at a website hosted by Angelfire, an Internet service from the 1990s that offered free online hosting.5 Apr 2013 - 12:03pm
Cui Tiankai, China’s newly-appointed ambassador to Washington, said he might use Facebook to make friends in US - once he gets there.
The 60-year-old Cui previously headed the Asian affairs department at the Ministry of Foreign Affairs, and was China's ambassador to Japan between 2007 and 2009.
Cui had made the remarks weeks before his official arrival in Washington this week.6 Apr 2013 - 1:49am 1 comment