Facebook has a billion users in a single day, says Mark Zuckerberg

For the first time over a billion people used Facebook on a single day, according to company founder Mark Zuckerberg.

Cisco CEO: It's 'garbage' to think Facebook's and VMware's network projects will hurt Cisco

Flying high after reporting a better-than-expected quarter, Cisco's outgoing CEO John Chambers had some strong words for the upstarts hoping to take on his company.

Facebook earnings surge on mobile advertising

Social networking giant Facebook has reported profits of $642m (£383m) during the first quarter of 2014, beating analyst expectations.

Microsoft muscles into YouTube territory with new video advertising service

Microsoft is to launch a new video advertising service in Britain as it seeks to grab a share of the market that is dominated by Google’s YouTube.

Facebook's WhatsApp purchase challenged

Facebook's purchase of mobile messaging service WhatsApp has been opposed by privacy groups.

What Facebook knows about you

Facebook has spent the past 10 years building a business upon your personal information. The social network knows a lot about you.

Facebook revenue surges 63% on strong ad sales

Social networking giant Facebook has reported profits of $523m (£316m) and a 63% increase in revenue for the fourth quarter, beating expectations.

Facebook sued over alleged private message 'scanning'

Facebook is facing a class action lawsuit over allegations that it monitors users' private messages. The lawsuit claims that when users share a link to another website via a private message, Facebook scans it to profile the sender's web activity.

Facebook revenue surges 60% on strong ad sales

Social network giant Facebook reported a 60% surge in revenue, to $2.02bn (£1.26bn), in the third quarter. Revenue from advertising grew by 66% to $1.8bn, with nearly half of that coming from mobile ads.

Twitter share sale trial 'a success', says exchange

The New York Stock Exchange (NYSE) says a test run of Twitter's share sale was 'a success', as it tries to avoid the debacle surrounding Facebook's flotation on the Nasdaq.

China lifts Facebook ban ... a bit - report

After years of being locked out of China, Facebook and several media companies have been given the green light in the country -- sort of.

Facebook shares soar 40% in a week on mobile ad revenue increase

Wall Street likes Facebook again. Shares in the social network todayreturned to their flotation price briefly for the first time since its disastrous initial public offering last year.

Facebook shares soar 25% on strong mobile ad earnings

Shares in Facebook jumped by more than 25% at the market opening on Thursday, after it beat profit forecasts with stronger than expected mobile ad sales.

Facebook removes ads from controversial pages to avoid boycott

Facebook has announced a major revamp of its advertising systems in an attempt to deal with concerns about offensive content.

Microsoft releases data on US information requests

WASHINGTON: Microsoft has said it received between 6,000 and 7,000 criminal and national security requests from US authorities in the second half of last year related to 31,000 to 32,000 customer accounts.

Google launches tool to determine data use after death

Google will allow users to decide what happens to their data after they die or become inactive online, the first major company to deal with the sensitive issue.

Facebook releases 'home' software for Android phones

Facebook is releasing software that puts feeds from the social network on the home page of Android phones.

Facebook: Italian police raid HQ in tax crackdown

Social media giant Facebook has seen its Italian headquarters raided by police as part of a growing international crackdown on tax avoidance.

Facebook stock hits all-time low as insiders get first chance to sell

NEW YORK (CNNMoney) -- Facebook's life as a public company has been a nightmare from day one, and the pain continued on Thursday as some company insiders got their first chance to dump shares.

Yahoo and Facebook settle patent brawl

NEW YORK (CNNMoney) -- Facebook and Yahoo are officially friends again.The two companies said Friday that they have settled the patent lawsuit Yahoo filed against Facebook four months ago, in a "strategic" deal that includes no cash.