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With Employee Shares for Sale, Facebook Stock Falls

With Employee Shares for Sale, Facebook Stock Falls

Peter Foley/Bloomberg via Getty Images(NEW YORK) — Shares of Facebook dropped Wednesday upon news that employees can start selling restricted stock in the company. In all, 234 million more shares and stock options held by employees and executives at F…

Facebook, Email More Irresistible Than Sex

Facebook, Email More Irresistible Than Sex

Justin Sullivan/Getty Images(NEW YORK) — You may want to ask your date to turn off his or her phone. A new study suggests Facebook and email trump sex in terms of sheer irresistibility.The German study used smartphone-based surveys to probe the daily …

Facebook Celebrates Positive Third-Quarter Earnings

Facebook Celebrates Positive Third-Quarter Earnings

Peter Foley/Bloomberg via Getty Images(MENLO PARK, Calif.) — Facebook stock has disappointed lots of investors, but now its earnings have some smiling. With a revenue of $1.3 billion, Facebook reported better-than-expected third-quarter earnings Tuesd…

Facebook Celebrates Positive Third-Quarter Earnings

Facebook Celebrates Positive Third-Quarter Earnings

Peter Foley/Bloomberg via Getty Images(MENLO PARK, Calif.) — Facebook stock has disappointed lots of investors, but now its earnings have some smiling. With a revenue of $1.3 billion, Facebook reported better-than-expected third-quarter earnings Tuesd…

Facebook Celebrates Positive Third-Quarter Earnings

Facebook Celebrates Positive Third-Quarter Earnings

Peter Foley/Bloomberg via Getty Images(MENLO PARK, Calif.) — Facebook stock has disappointed lots of investors, but now its earnings have some smiling. With a revenue of $1.3 billion, Facebook reported better-than-expected third-quarter earnings Tuesd…

Lady Gaga’s Latest Twitter War

Lady Gaga’s Latest Twitter War

Alo Ceballos/FilmMagic(NEW YORK) — A South African rap-rave duo currently touring in the United States is gaining attention by engaging in a video war with Lady Gaga whom they find too conventional.The band Die Antwoord recently released an outlandish…

Internet Takes Off with Mitt Romney’s ‘Binders Full of Women’

Internet Takes Off with Mitt Romney’s ‘Binders Full of Women’

Scott Eells/Bloomberg via Getty Images(NEW YORK) — Despite all the fireworks over taxes, oil and Libya, the most buzzworthy social media moment of Tuesday night’s presidential debate was Republican nominee Mitt Romney’s comment about &ldqu…

Woman Charged with Felony After Posting Undercover Cop’s Picture on Facebook

Woman Charged with Felony After Posting Undercover Cop’s Picture on Facebook

Peter Foley/Bloomberg via Getty Images(NEW YORK) — A Texas woman is facing a felony retaliation charge after she allegedly posted a photograph of an undercover narcotics officer on Facebook and identified his job. Melissa Walthall, 30, told Mesquite p…

Facebook Experiments with ‘Want’ and ‘Collect’ Buttons

Facebook Experiments with ‘Want’ and ‘Collect’ Buttons

Peter Foley/Bloomberg via Getty Images(NEW YORK) — Do you like Facebook’s “Like” buttons? People use them for all sorts of reasons — there’s even an experiment in which you can click on it to send hugs — but Facebook, in the meantime, is experiment…

Fired for Facebook Posts? NLRB Rulings Draw Lines

Fired for Facebook Posts? NLRB Rulings Draw Lines

LOIC VENANCE/AFP/Getty Images(NEW YORK) — The National Labor Relations Board added a little more clarity to the debate surrounding social media after two recent rulings called one corporation’s policy “overly broad” but also stated t…

Facebook Reaches One Billion Users

Facebook Reaches One Billion Users

Peter Foley/Bloomberg via Getty Images(NEW YORK) — It’s been long awaited and now the big milestone is here: Facebook has reached one billion users.The world’s largest social network made the announcement Thursday morning in a status posting by its fo…

Facebook Gifts: Give Your Friend a Real Teddy Bear or Cupcake

Facebook Gifts: Give Your Friend a Real Teddy Bear or Cupcake

Facebook(MENLO PARK, Calif.) — Forget virtual goods, Facebook wants you to start buying real goods or gifts on its social network. On Thursday the company launched Facebook Gifts, a service that lets you send real gifts to your Facebook friends. Simil…

Winklevoss Twins Back ‘Facebook’ for Investors with $1 Million

Winklevoss Twins Back ‘Facebook’ for Investors with $1 Million

Noah Berger/Bloomberg via Getty Images(NEW YORK) — The Winklevoss twins, made famous by their connection to the Facebook start-up, are back in the Internet game with a $1 million investment in a social media site for investors.Tyler and Cameron Winkle…

Florida Lawyer Fired for Posting Client’s Leopard-Print Underwear

Florida Lawyer Fired for Posting Client’s Leopard-Print Underwear

iStockphoto/Thinkstock(NEW YORK) — A Florida public defender is reportedly out of a job after a judge declared a mistrial upon learning of a Facebook posting the lawyer made mocking her own client.Anya Cintron Stern posted the photo of leopard-print u…

Facebook Stock: Mark Zuckerberg Promises Improvement

Facebook Stock: Mark Zuckerberg Promises Improvement

Justin Sullivan/Getty Images(SAN FRANCISCO) — Mark Zuckerberg, the CEO of Facebook, admitted Tuesday that the company’s stock has disappointed investors, and promised better results as Facebook’s mobile app is made friendlier to advertisers.”The perfo…

German Web Stunt Turns Deadly

German Web Stunt Turns Deadly

iStockphoto/Thinkstock(LONDON) — A German amateur stunt performer died instantly from head injuries after being thrown from a spinning playground carousel in a Jackass-style stunt gone awry in the Bavarian town of Oberviehbach.The 20-year-old man, kno…

Facebook Stock Reaches New Low

Facebook Stock Reaches New Low

Peter Foley/Bloomberg via Getty Images(NEW YORK) — Shares of Facebook reached a new low on Friday after another investment firm cut the social media company’s target price and news that the co-founder is selling his shares.BMO Capital Markets cu…

Facebook’s iPad and iPhone App Just Got Faster

Facebook’s iPad and iPhone App Just Got Faster

Facebook 5.0 for iOS brings speed enhancements and a new design. (Facebook)(NEW YORK) — If you’re an iPhone or iPad owner and a heavy Facebook user, you know the Facebook app has been slow. It can take time to get to a friend’s profile, see updates on…

Former Marine Detained After Alleged Facebook Threats

Former Marine Detained After Alleged Facebook Threats

Hemera/Thinkstock(CHESTERFIELD, Va.) — A 26-year-old former Marine has been ordered to undergo a psychiatric evaluation after being detained for alleged threats he made on Facebook. Brandon Raub, who lives in Chesterfield, Va., was detained last Thurs…

Dow and Apple Up, Facebook Hits Another New Low

Dow and Apple Up, Facebook Hits Another New Low

Hemera/Thinkstock(NEW YORK) — Friday turned out to be another rough day for some internet stocks. Facebook shares fell to a new low at half its original market value, while the social deals company Groupon closed down Friday more than three-quarters o…

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