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Watch out Cisco: Facebook is designing open network switches
- Social networking icon Facebook -- perhaps with a deserved emphasis on "networking" -- announced that is now expanding its Open Compute Project in an effort to take a fresh look at enterprise-level switch design. Facebook is hoping OCP will yield a high-end,…
Facebook's upcoming video ads may run advertisers $1 million daily
- In an effort to better capitalize on its billion-plus members, Facebook may be looking to roll out its own video-based ad service as soon as this summer, a report by Ad Age indicates. Placing a video ad on Facebook won't…
Facebook 'Home': What the web is saying about the Facebook phone
- All the signs were there, hence the years of rumors about a potential "Facebook phone". But as it turns out Facebook didn't delve into hardware or even as deep as developing a new mobile operating system. Instead, the company is…
Zuckerberg's first website contained an early Facebook prototype
- An Angelfire website allegedly created by Facebook founder Mark Zuckerberg in 1999 is making the rounds on the net today. If legit, it provides an eerily prophetic look into the mind of a 15-year-old high school student that would later…
Facebook glitch temporarily breaks the web
- Yesterday, an untold number of Internet surfers experienced a glitch which abruptly redirected them from the sanctuary of their favorite websites to a Facebook error page. Websites essentially taken down by this snafu included Hulu, Lifehacker, Washington Post, ESPN, CNN,…
Facebook to buy Microsoft's advertising network, report affirms
- Confirming December's rumors of a Facebook-Microsoft advertising deal, a report by Ad Age indicates Facebook may buy Microsoft's Atlas ad network as soon as next week. An impending deal would not be surprising; after all, Facebook and Microsoft have been cozy…
Happy Birthday: Facebook turns nine years old today
- It was on this day nine years ago that Facebook first went online. The social network, created by Mark Zuckerberg and four friends - Dustin Moskovitz, Eduardo Saverin, Andrew McCollum and Chris Hughes – during their time at Harvard University…
Facebook profits tumble due to heavy mobile spending
- Facebook has released fourth quarter and full year financial results for the period ending December 31, 2012. The social network reported $1.59 billion in revenue, topping Wall Street estimates with a healthy 40 percent year over year increase. Profit, however,…
Federal agents arrest Paul Ceglia, charge him with mail and wire fraud
- Federal agents arrested Paul Ceglia at his home in Wellsville, New York, this morning and charged him with mail and wire fraud as part of a multi-billion dollar scheme to defraud Facebook and its founder Mark Zuckerberg. If convicted, he…
Facebook bug silently tallies up extra "likes"
- Facebook is once again finding itself under investor scrutiny after a U.S. security researcher uncovered a flaw in its "like" system which appears to be responsible for liking sites an unintended number of times. Although Facebook has pointed to a…
Zuckerberg says Facebook wasted two years betting on HTML5
- Facebook founder Mark Zuckerberg was a featured guest during TechCrunch’s ongoing Disrupt conference in San Francisco. In his first public interview since the dreadful IPO back in May, the social network founder said the biggest mistake Facebook made was betting…
Weekend tech reading: Facebook from inception to IPO
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Just over eight years after Mark Zuckerberg launched thefacebook in a Harvard dorm room, Facebook has officially gone public today. And, what better time to dig back into the company's history, as documented by everyone from The Harvard Crimson and The New Yorker to Zuckerberg himself?
Yahoo files lawsuit against soon-to-be-public Facebook
- Yahoo has filed a lawsuit against Facebook claiming that the company is infringing on 10 of its patents covering advertising, privacy controls, social networking, among other things. The timing is no coincidence, of course. The move comes shortly after Facebook…
Facebook CEO Mark Zuckerberg could face massive $2 billion tax bill
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Facebook’s much publicized IPO will make founder and CEO Mark Zuckerberg a billionaire, but it could potentially also land him with a tax bill up to a staggering $2 billion, should he exercise his stock options worth billions of dollars...
Facebook finally files long-rumored $5 billion IPO
- As expected, Facebook's initial public offering hit the Securities and Exchange Commission Wednesday, raising $5 billion -- less than the $10 billion previously speculated. The long-rumored move reached relative certainty last Friday when the Wall Street Journal reported the IPO…
Zuckerberg on Silicon Valley, startups, taking risks
- Facebook founder Mark Zuckerberg believes that being in Silicon Valley to create a startup isn’t necessary, or even recommended in some instances. The CEO spoke openly during a live interview at Y Combinator’s Startup School over the weekend. …
Mark Zuckerberg's Facebook fan page hacked
- An anonymous hacker gained access to Facebook CEO Mark Zuckerberg's fan page. Instead of using the page to wreak havoc, he or she took the opportunity to pitch an idea of letting Facebook users invest in the company:
Mark Zuckerberg is now richer than Steve Jobs
- Facebook CEO Mark Zuckerberg now has a higher net worth than Apple CEO Steve Jobs, as first noted by Forbes. This year, Zuckerberg is estimated to be worth $6.9 billion, mainly thanks to the soaring valuation of Facebook -- anywhere…
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