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.
Fresh from passing the billion-member mark, Facebook is letting members in the United States pay seven US dollars each to have personal posts given priority in feeds seen by their friends.Friday, 5 October, 2012, 12:47pm
Facebook’s chief operating officer was in New York this week working to bolster investor confidence with assurances that the social network was intent on making money.
Sheryl Sandberg echoed co-founder Mark Zuckerberg’s disappointment in the company’s dismal stock market debut in May and said that revenue-generating schemes being considered included charging for upscale services.2 Oct 2012 - 11:06am
Facebook founder Mark Zuckerberg was on Monday in Moscow on a visit the government believes should stimulate innovation in Russia and the social network hopes will boost its position in the Russian market.29 Aug 2013 - 4:13am
Critic who made Diaoyu remark says he's home30 Sep 2012 - 4:13am
The late Tip O'Neill, former Speaker of the House in the U.S. Congress, had said that "all politics is local". So is the news, at least the majority of it.27 Sep 2012 - 11:38pm
Patient with Sars-like illness remains critical26 Sep 2012 - 4:10am
Insurers estimate that the damage bill from rioting in a sleepy Dutch town after a Facebook party invitation went viral could top a €1 million (HK$10.1million).
After a night of violence when police officers were pelted with stones, bottles, tubs of flowers and even bicycles, local officials lined up to denounce those responsible and promise they would be brought to justice.24 Sep 2012 - 4:11am
Which news makes today’s headlines worldwide? It’ll certainly be the launch of iPhone 5. But for Apple’s big fans in mainland China, many of them could probably be disappointed for they have to wait for another couple of weeks or even months for the new gadget.21 Sep 2012 - 4:17pm
18 Sep 2012 - 8:50am
Facebook has shaken up its engineering teams to make targeting smartphones a priority at the world's leading social network.
"We have really just re-organised the company to build faster on mobile," Facebook director of product management Peter Deng said at the company's campus in Menlo Park, California on Thursday.15 Sep 2012 - 4:03am
Facebook founder Mark Zuckerberg said on Tuesday he was steering the social network giant to focus more on mobile, saying it would help ease concerns after a “disappointing” stock market debut.
“The performance of the stock has obviously been disappointing,” Zuckerberg said during an on-stage interview at a TechCrunch Disrupt conference in San Francisco.12 Sep 2012 - 9:11am
"Where to go" is no longer a major question for news publications. Many of them are aware that the future will involve offering content on multiple platforms.11 Sep 2012 - 3:38pm
"Emotional" was one of two key words that occurred to me during last week's "Social Media Matters" conference in Hong Kong. In one afternoon panel, a group of Asian artists shared their experiences of being social and engaging with online fans. One thing they all pointed out and agreed with is that, from a certain perspective, social media is a game of playing with emotions.10 Sep 2012 - 2:57pm 1 comment
Instagram on Thursday became part of Facebook as the social network completed its billion-dollar acquisition of the smartphone photo-sharing service.7 Sep 2012 - 10:23am
Samsung accused of labour abuses in China6 Sep 2012 - 3:08am