Digital Sky Technologies wants to invest in Facebook
Wall Street Journal has reported that Russian Internet group, Digital Sky Technologies has shown interest in investing in the world’s most popular social networking service Facebook.
The deal offered by Digital Sky puts the value of Facebook at around USD 10 billion.
Facebook declined to comment on the rumours. A [...]
Facebook had to pay $65 million to ConnectU for lawsuit settlement?
Quinn Emanuel Urquhart Oliver & Hedges claims that Facebook paid a huge $65 million to settle their lawsuit filed by would-be social network ConnectU.
ConnectU however continues to remain in a fee dispute with Quinn Emanuel.
ConnectU founders had hired the services of Mark Zuckerberg to [...]
Donald Graham latest to join Facebook board
Facebook has announced that Washington Post Co. Chairman Donald Graham is joining the company board.
The popular social network is becoming more mature when it comes to its management.
The service is home to about 130 million members who share their lives online.
Facebook recently added Google’s ex-employee Sheryl [...]
Mark Zuckerberg: Facebook growth more important than revenues now
Facebook co-founder Mark Zuckerberg said in an interview that he believes that it is important for them to grow at the moment rather than concentrate on making money from the service.
He said that revenues would automatically follow at a later stage, growing is more important target right [...]
Dustin Moskovitz leaves Facebook for new ventures
Dustin Moskovitz is one of the co-founders of Facebook along with Mark Zuckerberg who is basically the face of the service.
He is now leaving the company to form a new startup in collaboration with Justin Rosenstein who is also working in Facebook at the moment.
Rosenstein notified in a statement [...]
Facebook gets the new look permanently from today
Social networking service Facebook has announced that their new look website would become the default and only option starting today.
The company had introduced the new user interface of the service some time ago. Users were given the option to switch between the two as per their liking.
However, that [...]
Marc Andreessen is now on Facebook board
Social networking service Facebook has announced that Marc Andreessen has now joined their board of members.
He was one of the co-founders of Netscape Communications. He also co-founded Ning.
Andreessen said in a statement that Facebook is currently one of the most innovative companies on the Web and he is happy [...]
Mark Zuckerberg is the youngest Billionaire on Forbes list
The man behind Facebook Mark Zuckerberg has become the world’s youngest self made billionaire as per the latest Forbes magazine’s list of the World’s Billionaires.
As per the list he is worth close to around 1.5 billion dollars. The list placed him at the 785th spot.
Warren Buffett topped [...]
Sheryl Sandberg is the new chief operating officer at Facebook
Social networking service Facebook has announced the appointment of Sheryl Sandberg as their new chief operating officer.
Sheryl Sandberg has been working at the search engine giant Google as their vice president of global online sales and operations.
She spoke about her appointment at Facebook: “I have learned [...]
Facebook planning social profile data portability
Facebook is one of the fastest growing social networks on the web. The company has now said that they want to make it easier for a member to move from one network to another.
For this, they aim to make it easier for the user to move his profile data from [...]
