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 stops New Year messaging tool

Facebook temporarily disabled its New Year's Eve messaging tool after a university student was able to read and delete private messages intended for other users.

Wednesday, 2 January, 2013, 6:31am

Would you pay for social media?

Illustration: Oliver Raw

Would you pay for Facebook or Weibo if it meant not having to look at adverts? Until a few months ago I was in the habit of firing up the Facebook app on my smartphone about twice a day, occasionally to "check in" or post a link to one of my stories, but mainly to see what my friends had been up to - and in chronological order.

28 Dec 2012 - 10:06am

Instagram to share data with Facebook

From next month Instagram’s new privacy policy clears the way for sharing data with its parent, social networking giant, Facebook. Photo: EPA

Smartphone photo sharing service Instagram has refined its privacy policy to clear the way for sharing data with Facebook, which bought the company earlier this year.

“Nothing has changed about your photos’ ownership or who can see them,” Instagram said in a blog post.

18 Dec 2012 - 1:17pm

Easier organ donation in Hong Kong for Facebook users

The government is developing a Facebook app through which organ donors will be able to register, and at the same time spread awareness of the life-saving initiative to their friends. Photo: AP

The government is developing a Facebook app through which organ donors will be able to register, and at the same time spread awareness of the life-saving initiative to their friends.

17 Dec 2012 - 5:46am

Facebook adds tools to help members manage data better

Facebook says its latest privacy settings will give members more control. Photo: Reuters

Facebook is adding controls to help users manage what information is shared and who sees it on the world’s largest social-networking service.

13 Dec 2012 - 3:33pm

Facebook to Replace Infosys in Nasdaq

Facebook chief executive Mark Zuckerberg is seen on a screen shortly after the social network’s initial public offering was launched in New York in May. Nasdaq OMX Group says Facebook will join the Nasdaq-100 Index next week. Photo: Reuters

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

The brain behind Lady Gaga's big data

The brain behind Lady Gaga's big data

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

Self-claimed Powerball winner sets of US$1m Facebook photo frenzy

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

Briefs, November 28, 2012

A Palestinian woman hold up a small Palestinian flag as she takes part in a rally in support of the efforts of Palestinian President Mahmud Abbas to secure a diplomatic upgrade. Photo: AFP

France to vote 'yes' for Palestinian state in UN

28 Nov 2012 - 5:27am

Indians arrested for Facebook post on Mumbai shutdown

Indians attend the funeral procession of Bal Thackeray in Mumbai on Sunday. Photo: Xinhua

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

Instagram gets Facebook feel with online profiles

Photo: Facebook users can now share photos taken with the Instagram smartphone application. Photo: EPA

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

Toy helicopters and knives restricted during congress

Unemployed bankers suffer

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

Sexual predators in Indonesia use Facebook to meet victims

Many young Indonesians using Facebook are unaware of the dangers of allowing strangers to see their personal information online. Photo: AP

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

Facebook claimant Paul Ceglia charged with fraud

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

Business Digest, October 27, 2012

WalMart to add 100 stores on mainland

Japan to inject US$5.3b stimulus into economy

27 Oct 2012 - 2:52am