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.


Row over luxury retailer turns ugly online

Anger towards Dolce & Gabbana intensified yesterday when a woman claiming to work for the Italian luxury fashion house posted remarks online describing protesters drawn to the flagship outlet at the weekend as shameful and mentally retarded.