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Showing posts with label Mark Zuckerberg. Show all posts
Showing posts with label Mark Zuckerberg. Show all posts

August 29, 2015

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.

August 03, 2015

Google, Amazon Show Investors Cost Control Is Key for Tech

Investors have started to reward Internet companies that can show both financial discipline and a path to long-term growth, making Amazon.com Inc. and Google Inc. the clear winners of the technology earnings season.

April 25, 2014

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.

March 11, 2014

February 06, 2014

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.

January 31, 2014

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.

December 10, 2013

Technology firms seek government surveillance reform

Leading global technology firms have called for "wide-scale changes" to US government surveillance. Eight firms, Google, Apple, Facebook, Twitter, AOL, Microsoft, LinkedIn, and Yahoo, have formed an alliance called Reform Government Surveillance group.

November 03, 2013

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.

August 01, 2013

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.

April 06, 2013

June 18, 2012

Facebook technology chief Bret Taylor to step down

Facebook's chief technology officer Bret Taylor has announced he is leaving the social network site in the coming weeks to start up a new company.

May 31, 2012

Apple boss Tim Cook cosies up to Facebook

Tim Cook, Apple’s chief executive, said that users should “stay tuned” to see if the two Silicon Valley giants start working more closely together, as he lavished praise on the company founded by 28-year-old Mark Zuckerberg.

May 19, 2012

Facebook shares spike on stock market debut

Shares in the social networking site rose to $42, having been initially priced at $38 each, before falling back to trade flat. Founder Mark Zuckerberg, 28, who started Facebook while at Harvard University, officially opened trading on the Nasdaq earlier.

September 29, 2011

Facebook rumors: Fact vs. fiction

(CNN) -- The recent deluge of Facebook changes -- both those that have already happened and those that are on the way -- have people talking.

OK ... that's an understatement. They have people shouting (with either glee or fury). And fuming. And, sometimes, freaking out.

September 23, 2011

Facebook focuses on media sharing and adds timeline

Facebook has outlined plans to encourage users to share more of the media they consume - including music and movies - with friends.

Its founder Mark Zuckerberg also unveiled a dramatic redesign to the website, replacing user profiles with an audio visual timeline of their life.

July 05, 2011

It’s None of Our Business Whether China Wants to Buy Shares of Facebook

Last week, the story “leaked out” that a China sovereign wealth fund had expressed interest in purchasing a significant stake in Facebook. Lots of chatter then ensued about whether it was true, what it meant, and what “we” should do about it. (No, I don’t really know who “we” are.)

Allow me to be blunt on this issue: from a legal/investment perspective, I don’t give a shit if China wants to buy part of Facebook. Their motives for doing so are irrelevant as long as no laws are broken, and all the chatter about whether such a deal is a good idea is a negative influence on inward foreign investment in the U.S., and possibly corresponding deals in China by U.S. firms.

July 02, 2011

China state fund eyes Facebook stake

A state-owned fund in China is reportedly interested in buying a stake in social network Facebook, said a media report. A source told US business magazine Business Insider that China's sovereign wealth fund - the China Investment Corp - is hoping it could buy a stake in Facebook, large
enough "to matter", the Shanghai Daily reported.

Financial firm Citibank is reportedly trying to acquire as much as $1.2 billion worth of Facebook stock on behalf of two sovereign wealth funds - one from China and another from the Middle East, the daily said.

June 24, 2011

Winklevoss twins end legal row with Facebook

The Winklevoss brothers, Harvard contemporaries of Facebook founder Mark Zuckerberg, have ended their legal battle with the social network.

They reached a $65m (£41m) settlement in 2008, after claiming that Mr Zuckerberg stole their idea.

The legal spat was immortalised in the film "The Social Network".

June 08, 2011

Facebook sorry over face tagging launch

Facebook has apologised for the way it rolled-out a new system that recognises users' faces.

The social network said that it should have done more to notify members about the global launch.

Its Tag Suggestions feature scans photos and automatically picks out existing friends.

Although users have the option to switch it off, some complained that they were not explicitly asked if they wanted it activated.

December 27, 2010

Facebook world: What's missing from this picture?

Hong Kong, China (CNN) – There is something plainly fascinating about Paul Butler's map of the world. The Facebook intern used data from the social networking site to create a map of people's friendships across the globe and to see how they related to geographical and political boundaries. After experimenting with different techniques, he ended up using arced, weighted lines to connect cities based on the volume of the Facebook friendships between them.

In Butler's words, the result is "a surprisingly detailed map of the world. Not only were continents visible, certain international borders were apparent as well. What really struck me, though, was knowing that the lines didn't represent coasts or rivers or political borders, but real human relationships."

The lines also map out, to a large extent, Facebook's global penetration. One is struck by the fluorescent clusters in the United States and Europe, where Facebook is widely used; the clear contours of Indonesia, home of the most Facebook users in Asia; and the giant hole where China should be.

Blocked by the Great Firewall, Facebook can boast few active users in China. Local social networks like Renren, Xiaonei and Kaixin001 dominate the market. Instead of connecting through Facebook Chat, millions upon millions of users chat away their work days on Tencent's QQ and MSN Messenger.

The absence of China on Facebook's Visualizing Friends Map did not go unnoticed among China's microbloggers, as Wang Xiaojie and Jo Ling Kent from CNN's Beijing bureau found when they combed the Chinese web.

"At first sight I wonder why China is not on the map; but after seeing the Facebook logo at the bottom, I know why," says one user.

Another asks: "When can China shine on this map that includes 500 million other people?"

One savvy netizen even spots an additional reason for China's absence from the map. Chinese users who circumvent the country's internet restrictions by using a VPN server appear as users in foreign cities. "So even if we use Facebook in China, we still can not be seen on the map. Haha!, " he writes.

Also under discussion online: Facebook CEO Mark Zuckerberg's first visit to China. It may be a personal vacation, but he appears to be making the rounds at the country's top Internet companies. He toured Baidu headquarters with Robin Li, founder of China's dominant search engine, and has since been reportedly spotted at the offices of leading web portal Sina.com.

Employees at the Chinese companies have been snapping pictures of Zuckerberg and posting them online. It's the closest they'll get to the Internet Wunderkind.

After all, they can't friend him on Facebook.

Source: CNN
http://business.blogs.cnn.com/