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  • Dec 29, 2014
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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.

Briefs, September 30, 2012

Critic who made Diaoyu remark says he's home

Sunday, 30 September, 2012, 4:13am

Digest: International or local, what kind of news do you like the most?

Digest: International or local, what kind of news do you like the most?

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

Briefs, September 26, 2012

Abu Hamza al-Masri addresses a rally in London. Photo: Reuters

Patient with Sars-like illness remains critical

26 Sep 2012 - 4:10am

Insurers estimate riot damage of least €1m in Dutch town of Haren

Workers clean up debris in Haren after police clashed with hundreds of youths who tried to crash a girl's 16th birthday party. Photo: AFP

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

Digest: iPhone 5 launched, but mainland China buyers still waiting

Digest: iPhone 5 launched, but mainland China buyers still waiting

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

Digest: Localize your business, cases by Tencent and Amazon

Digest: Localize your business, cases by Tencent and Amazon

 

18 Sep 2012 - 8:50am

Facebook targets smartphones

Facebook has intensified its focus on smartphones and is slowly turning its staff into mobile engineers. Photo: AP

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 focuses on mobile market after IPO flop

Photo: AFP

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

Digest: More experiment needed for multiplatform strategy

Digest: More experiment needed for multiplatform strategy

"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

Digest: Game of emotion stimulation for newsrooms, from offline to online

A view of Victoria Harbour, August 25, courtesy of SCMP reader David Akast

"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 officially a part of Facebook

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

Business Digest

Facebook chief executive Mark Zuckerberg

Samsung accused of labour abuses in China

6 Sep 2012 - 3:08am

Dutch teen jailed for 'shocking' Facebook killing

A Dutch court Monday jailed a teenage boy for stabbing a 15-year-old girl to death and trying to kill her father after she had allegedly posted derogatory comments about another girl on Facebook.

4 Sep 2012 - 12:40am

Citi says Nasdaq Facebook compensation plan should be much bigger

Facebook shares have dropped to almost half the original price, but executives say they are working on making it more lucrative. JAMES BEST JR./NYT

Citigroup slammed Nasdaq OMX Group’s plan to compensate firms harmed by Facebook’s botched market debut to the tune of US$62 million, saying in a regulatory filing that the exchange should be liable for hundreds of millions more, according to a letter seen by Reuters.

23 Aug 2012 - 12:09pm

DJR Digest: Do people really want to vote out Zuck of the Facebook?

DJR Digest: Do people really want to vote out Zuck of the Facebook?

It's interesting to see some investors are urging Mark Zuckerberg to step down, for the stock price of the company he leads has been dropping since IPO in May.

29 Aug 2012 - 3:06pm