The long-awaited release of “The Social Network” is not the only thing putting Facebook in the spotlight on Friday. The privately held company announced that it was splitting its shares – a step that a Facebook spokesman described as simply a procedural move, but one that is likely to further fuel speculation about whether the [...]
6:57 p.m. | Updated Bits’s Claire Cain Miller has more on Google’s acquisition of Slide, though she reports the purchase price is $228 million. Google is said to have agreed to buy Slide.com, a maker of widgets for social networking sites like Facebook, for about $182 million, TechCrunch reported Wednesday, citing unnamed sources. The purchase [...]
In the wake of a Bloomberg News report on Friday that said Facebook “probably” won’t file for an initial public offering until 2012, an Antigua-based sports-betting site is making book on when the social networking juggernaut will reach the milestone of one billion users — and whether the company will go public by the time [...]
No sooner do I declare my lifelong devotion to Facebook when the social network quietly introduces an undo feature that allows users to cancel their accounts. Until now the 6-year-old internet site for finding lost classmates and sharing status updates has been hard to break up with. The settings to entirely withdraw from the site’s [...]
Just a week after announcing it had reached 500 million users, Facebook defended its privacy controls amid concerns that it was selling private information to third parties without their consent. “Facebook never sells data to third parties or advertisers,” the company’s chief technology officer, Bret Taylor, told members of Congress on Tuesday. Appearing before a [...]
Sarah Palin is continuing her fight against the Ground Zero mosque in New York. The former vice-presidential candidate returned to her Facebook page late Monday night to blast New York Mayor Michael Bloomberg about the 13-story $100 million planned construction project. She also linked to her Facebook post on a tweet from her Twitter account. [...]
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