Facebook watch: news about Facebook's activities
First launched in February 2004, Facebook is a social networking service and website that claims to have approximately 900 million active users.
Founded by Mark Zuckerberg with his college roommates and fellow students Eduardo Saverin, Dustin Moskovitz and Chris Hughes, the website's membership was initially limited to Harvard students, but was soon expanded to other colleges in the Boston area, the Ivy League, and Stanford University. Gradually, support was added for students at other universities and in time to high school students and anyone aged 13 and over.
Once registered, users can create a personal profile; add other users as friends; exchange messages; join common-interest user groups and organise contacts in to categories, with appropriate levels of access to the user's content.
Ranked as the most-used social networking service according to global monthly active users, the most recent estimate suggests that Facebook had 138.9 million monthly unique U.S. visitors in May 2011.
Describing Facebook's broad impact on the lives of so many people, US magazine Entertainment Weekly's description of the service is succinct: "How on earth did we stalk our exes, remember our co-workers' birthdays, bug our friends and play a rousing game of Scrabulous before Facebook?"
As Facebook expands beyond the confines of a simple social network service, E&T follows the company's development through its new products, services and web applications.
Selected Facebook news
Facebook rolls out friends-based search product
Facebook has unveiled a new search tool that allows people to find answers to questions about their network of friends.
Facebook exec to head London’s Tech City
Facebook’s vice-president and managing director for Europe, Middle East and Africa is leaving the social media company to join the UK government-sponsored Tech City.
Facebook shares sink to record closing low
Facebook shares sank 6.3 per cent to a record closing low on Thursday.
Facebook moves into gambling with Bingo app
Facebook has teamed up with Gamesys to launch a version of online Bingo for Facebook users in the UK.
Facebook stock hits new low
Facebook's stock hit a new low on Friday after it reported second-quarter results that disappointed investors.
Live Facebook science lesson at Royal Albert Hall
School pupils are set to be taught a science lesson live on Facebook from London’s Royal Albert Hall.
US committees to investigate Facebook IPO issues
US government committees that oversee financial sector matters are planning to look into issues surrounding Facebook’s IPO.
Facebook stock falls on second day of trading
Facebook's stock has fallen well below its $38 IPO price in the social network's second day of trading as a public company.
Facebook increases size of IPO
Facebook will increase the size of its initial public offering by 25 per cent, and could raise as much as $16 billion.
Facebook kicks off roadshow to promote IPO
Facebook has kicked off a cross-country roadshow to promote its $10 billion initial public offering.
Facebook buys Instagram for $1bn
Facebook’s acquisition of Instagram for $1 billion comes just months before the social network is expected to go public.
Facebook accuses Yahoo of patent infringement
Facebook has made a counterclaim against Yahoo, accusing Yahoo of infringing 10 of its patents, according to a court filing.
Facebook acquires 750 IBM patents
Facebook has acquired hundreds of patents from IBM to bolster its intellectual property portfolio after a lawsuit filed by Yahoo.
Google and Facebook remove content after Indian court warning
Google and Facebook removed content from some Indian domain websites on Monday following a court warning.
No ‘Facebook fatigue’ for users
Facebook users who have used the site over a long period of time show no sign that they have tired of posting pictures, updating weekend plans or just relaying random thoughts, a survey shows.
Facebook users braced for change
Facebook users will be forced to adapt to the website’s Timeline feature in the coming weeks.
Google and Facebook oppose web control in Indian court
Google and Facebook have told an Indian court that it’s not possible for companies to block offensive content that appears on their websites.
Facebook to be available inside Mercedes car
Mercedes-Benz USA is bringing Facebook to its cars, with a special version of the service that is built-in to a new in-vehicle telematics system.
Greenpeace and Facebook unite on renewable energy
Greenpeace and Facebook have joined forces to promote renewable energy.
Social network operators urged by India to block offensive material
Operators of social media networks have been asked by India to screen user content and remove any offensive material.
Facebook introduces ‘timeline’ at f8 conference
Facebook is redesigning its users’ profile pages to create a ‘new way to express who you are’, chief executive Mark Zuckerberg says.
Facebook pays hackers to report security bugs
Facebook has spent £25,000 rewarding independent hackers who have discovered security flaws in the social network.
UK government not seeking to close social media during civil unrest
The UK government is not seeking special powers to shut down social networking sites during civil unrest.
Social networking sites meet with UK ministers and police over riots
Social networking sites are meeting with UK police and ministers to discuss how to work better during riots.
Google and Facebook compete over social gaming
Facebook strengthened its support with games developers on the same day Google launched games on its new social network Google+.
Facebook and Twitter users launch riot clean-up campaign
Social networking users have launched a campaign to help clean-up areas affected by the riots.
Facebook launches video chat service after joining forces with Skype
Facebook’s 750 million users will now be able to video chat, after the social network joined forces with Skype.
Skyscanner offers Facebook travel search tool
Travel search site Skyscanner has launched a tool for finding flights using social media website Facebook. ‘Skyscanner for Facebook’ allows Facebook members to post a flight request on Skyscanner’s message ‘wall’, and receive a price quote with flight details within seconds, the company claims.
Google introduces social network Google+ to take on Facebook
Google is making its boldest move to take on Facebook after introducing a new social network site called Google+.
Winklevoss twins abandon Facebook appeal
Google failed to team up with Facebook, Schmidt says
Google has admitted it tried to team up with Facebook as it faced an increasingly competitive technology landscape.
Facebook admits hiring PR firm to target Google
Facebook has admitted hiring a PR firm to highlight supposed flaws in Google's privacy practices.
High Court judge bans publishing information on social media sites
A High Court judge has issued an injunction which bans publication of information on Twitter and Facebook.
Facebook could have leaked user data, Symantec claims
Facebook users' personal data could have been accidentally leaked to third parties over the past few years, Symantec said.
Facebook and Google plan deals with Skype
Facebook and Google are separately considering a tie-up with Skype, according to anonymous sources.
Facebook launches computer hardware project
Facebook has teamed up with technology giants including Hewlett Packard and Dell to launch a new hardware project.
Social media sites help loved ones connect after quake and tsunami
Social media sites are helping those affected by the quake and tsunami to connect with their loved ones and get information.
Facebook takes on Google, Yahoo in Web messages
Facebook rolled out an all-in-one messaging service that for the first time allows its half-billion members to communicate with people outside the social network, intensifying a battle with Google Inc and Yahoo Inc for users' Internet time.
Google not building Facebook rival
Internet search leader Google is not building a social network to compete with Facebook, a company executive reiterated on Thursday, despite an intensifying rivalry between the two leading Internet groups.
Google and Facebook to face tougher EU privacy rules
The European Union (EU) wants stronger privacy rules to give Internet users more control over how social-networking sites such as Facebook, or search engines such as Google use their personal information.
QRadar v.7.0 boosts visibility of staff social media usage
Q1 Labs has added the ability to monitor activity on social media sites such as Twitter, Facebook, and LinkedIn, in the latest version of its security information and event management (SIEM) product.
Facebook working on creating two smartphone devices: report
Facebook is working with mobile phone maker INQ Mobile to create two smartphone devices that may have a network tie up with AT&T, Bloomberg said, citing three people familiar with the matter.
Facebook Places lets users track friends and services
Facebook's 500 million-plus users will soon be able to track friends' whereabouts across the United States, as the world's largest Internet social network adds technology to increasingly tie its virtual world to everyday life.
Social media ‘improves customer relationships’
Ninety-five per cent of UK companies surveyed believe social media ‘offers business an opportunity to improve communication’.
Facebook launches panic button
Social networking website Facebook has agreed to adopt an application aimed at improving the online safety of its younger users, a child protection group said on Monday.
Cybercriminals and the EU gun for lax social networks
Cybercriminals are scaling up the volume and diversity of attacks on social networks sites such as Facebook, MySpace, Twitter, and Linked In, just as the European Union (EU) begins rewriting its laws on data privacy to curb the way those sites store and protect user details.
Facebook ahead by a neck for social networking students and graduates
MySpace? That is so 2005. If you’re anyone you have a Facebook profile.
Facebook creates safety advisory board
Social networking site Facebook said it has formed an advisory board comprising five Internet safety organisations to consult on issues related to online safety.
Companies are to spend more on social media
Companies are planning to invest further in social media in 2010 - but are already struggling to find the time and resources to manage their existing activity.
Social networking ‘costs UK plc £1.38bn per year’
Use of social networking websites by employees at work is costing UK businesses £1.38bn each year in lost productivity, research by IT services firm Morse is claiming.
New MySpace and Facebook worms warning
Kaspersky Lab has reported detection of two variants of a new worm, Networm.Win32.Koobface.a. and Networm.Win32.Koobface.b, which attack the social networking websites MySpace and Facebook respectively. The worms transform victim machines into zombie computers to form botnets as part of their malicious payload.
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