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.
Facebook is adding controls to help users manage what information is shared and who sees it on the world’s largest social-networking service.Thursday, 13 December, 2012, 3:33pm
Facebook Inc. will join the Nasdaq-100 Index next week after the exchange operator shortened its waiting period for inclusion in the gauge, potentially making the stock more attractive to fund managers.5 Dec 2012 - 12:11pm
Behind every successful man, there is supposed to be a woman. But behind every successful entertainer, you know for sure there is a genius manager. So it is with Lady Gaga. My children are "little monster" fans of the megastar, but I am absolutely in awe of her manager, Troy Carter, whose phenomenal intellect may well have made him one of our generation's great entrepreneurs.4 Dec 2012 - 3:25am
His name is Nolan Daniels, and he's just about to give some random man or woman US$1 million (HK$7.75 million). Or so he claims.2 Dec 2012 - 4:22am
France to vote 'yes' for Palestinian state in UN28 Nov 2012 - 5:27am
Indian police said on Monday they had arrested a woman for criticising on Facebook the total shutdown of Mumbai after the death of politician Bal Thackeray.19 Nov 2012 - 4:06pm
Picture sharing website Instagram has begun rolling out online profiles that let people showcase themselves and photos they have taken with the Facebook-owned smartphone application.
The creation of an online home for Instagram images put a Facebook spin on the startup that the world’s leading social network bought this year.6 Nov 2012 - 3:49pm
The looming 18th National People's Congress of the Communist Party of China is, as we have already seen, a delicate time for the leadership. But we understand the tension has not been confined to the upper levels of the party. Children and those taking taxis have also been affected by measures that we find somewhat bemusing, given the mainland's status as the world's second-largest economy.2 Nov 2012 - 5:30am
When a 14-year-old girl in Indonesia received a Facebook friend request from an older man she didn't know, she accepted it out of curiosity.
It's a click she will forever regret, leading to a brutal story that has repeated itself as sexual predators find new ways to exploit the country's growing obsession with social media.30 Oct 2012 - 3:16am
An American entrepreneur who sued Facebook and its chief executive officer, Mark Zuckerberg, was arrested and charged with fabricating evidence to support his multibillion-dollar claim that he owns part of the world's biggest social network.
Paul Ceglia faked e-mails from Zuckerberg, destroyed evidence and forged the 2003 contract on which he bases his claim, US prosecutors said.28 Oct 2012 - 6:13am
Japan to inject US$5.3b stimulus into economy27 Oct 2012 - 2:52am
Facebook is not for everyone, but we have to admit it does throw up some entertaining moments. Readers will recall that after C.Y. Leung was elected chief executive, there was considerable speculation about who would be made a minister or appointed to Exco. Regina Ip Lau Suk-yee was the focus of much of this speculation.25 Oct 2012 - 5:05am
When Canada’s ambassador to China posted photos of his car on the embassy’s weibo page, the instant, mass response boosted his country’s image in a way that surely stunned many diplomats.29 Aug 2013 - 4:13am
Maybe it is still too early to draw any conclusions on media outlets’ paywall model.17 Oct 2012 - 11:04am
At first glance all appears normal on London's Underground. But a closer look reveals that the famous map of the Tube has undergone some minor changes.15 Oct 2012 - 11:36am