February 21, 2008 |
MySpace, the top social networking site owned by News Corp., is in talks to create an online music joint venture with the four biggest record companies, sources familiar with the discussion said Wednesday. The talks are part of Rupert Murdoch's plans to distinguish MySpace, a haven for new music fans, from fast-moving rival Facebook as the premier destination for digital media. Plans for the service, tentatively named MySpace Music, are still in the discussion phase.
July 29, 2007 |
BROWSE any Facebook profile set up by a relatively active user and you're likely to hit on a cache of personal information that, until very recently, would've been impossible to get unless you hired a private detective to follow the person for six months.
March 24, 2009 |
Netflix Inc. said it had linked with social-networking website Facebook, allowing subscribers of the largest U.S. mail-order movie service to share their film ratings with Facebook friends. Ratings of one to five stars will show on a user's Facebook profile if a Netflix member has enabled the Facebook Connect function, Netflix said. Financial terms weren't disclosed.
February 26, 2013 |
SAN FRANCISCO - Corporate America's most famous working mother has banned her employees from working at home. Now the backlash is threatening to overshadow the progress she has made turning around Yahoo Inc. Marissa Mayer, one of only a handful of women leading Fortune 500 companies, has become the talk of Twitter and Silicon Valley for her controversial move to end telecommuting at the struggling Internet pioneer. VIDEO DISCUSSION: Is Yahoo's telecommuting ban too severe?
April 11, 2012 |
SAN FRANCISCO — How does a 28-year-old make $400 million in 18 months? With the right idea at the right time in mobile apps for smartphones. Kevin Systrom won the start-up sweepstakes this week when Facebook Inc. said it would pay $1 billion in cash and stock for his photo-sharing app maker, which has a loyal following of 30 million users but never made a dime. Facebook Chief Executive Mark Zuckerberg called Systrom to personally negotiate the deal for the social media giant, which is expected to fetch a valuation of $100 billion as soon as next month when it begins selling shares to the public.
May 17, 2012 |
$19.1 billion dollars. That's how much Mark Zuckerberg is worth after Facebook Inc. sold 421.2 million shares valued for $38 each on Thursday. Not bad for a guy who just celebrated his 28th birthday Monday. Zuckerberg, who first showed up on Forbes' billionaires list in 2008 with an estimated net worth of $1.5 billion, is now richer than Google co-founders Sergey Brin and Larry Page, Bloomberg reports. Facebook: Road to IPO However, he's not quite as wealthy as Microsoft founder Bill Gates, who is worth $60.4 billion, or Oracle's Larry Ellison, who is worth $34.2 billion, according to Bloomberg's Billionaires Index . For that matter, Zuckerberg is also worth less than Michael Bloomberg himself, who Forbes estimates is worth $22 billion.
March 30, 2014 |
SAN FRANCISCO - It's becoming a familiar scene in everybody's favorite city - luxury shuttles with Wi-Fi and plush seats barreling past sluggish, dilapidated city buses crammed with local residents standing elbow to elbow. The nerd convoy, ferrying workers to technology companies in Silicon Valley, has raised the ire of civic activists who see it as a symbol of a divide between the haves and have nots as the region's tech boom has sent housing costs and evictions soaring. But as heated as that backlash has become at times, it has obscured a much broader story that these buses have to tell about changes sweeping across not just San Francisco but also the entire Bay Area.
December 12, 2008 |
Washington Post Co. Chairman Donald E. Graham is joining the board of Facebook Inc., connecting the popular Internet hangout with a media industry veteran. Based in Palo Alto, privately held Facebook has about 130 million members who use the website to share information with their friends and family.
August 6, 2008 |
Facebook Inc., operator of the most popular social-networking site, will allow employees to cash in on their ownership stakes in the company. Palo Alto-based Facebook didn't disclose details of the one-time program.
November 13, 2009 |
The number of Americans using Twitter dropped 8% in October from September, marking the second monthly decline for the social-networking site this year, according to research firm ComScore Inc. Twitter Inc., the No. 3 social-networking site in the U.S., had 19.2 million users in October, ComScore said. The company had growth of less than 1% in September and declined in August. October's number was still up more than 13-fold from the year-earlier period. The month-to-month drop contrasted with a 2% increase for users of Facebook Inc., the most popular social network.