Facebook Employees Will Be Ringing in IPO with ‘Hackathon’
Peter Foley/Bloomberg via Getty Images(MENLO PARK, Calif.) — It’s going to be a sleepover at Facebook the night before the big IPO.Employees from the social networking site will be holding what the company calls a “hackathon” Thursday night.&nbs…
GM Pulls Ads Off Facebook
Bill Pugliano/Getty Images(NEW YORK) — Just about everyone is excited about Facebook’s initial public offering scheduled for Friday that could value the social networking site at a whopping $105 billion.Somehow, that doesn’t impress the folks at Gener…
Facebook IPO: What’s the Big Deal and Who’s Buying?
LOIC VENANCE/AFP/Getty Images(NEW YORK) — With Facebook set to go public Friday, some may be wondering what all the buzz is all about.
Andrew Serwer, managing editor of Fortune magazine, says the social network is more than just a fad. It’s like…
Facebook Feeding Frenzy Boosts IPO Range
Peter Foley/Bloomberg via Getty Images(NEW YORK) — A feeding frenzy for Facebook stock is pushing the price higher for the year’s hottest initial public offering. The social networking site that was started in Mark Zuckerberg’s Harvard dor…
Facebook CEO Mark Zuckerberg to Top List of Youngest CEOs
Justin Sullivan/Getty Images(NEW YORK) — Mark Zuckerberg, CEO of Facebook, turned 28 on Monday, just four days before his company is expected to have the biggest IPO ever.Zuckerberg holds many other records for his age. Forbes lists him as the s…
Facebook Co-Founder Denounces US Citizenship
Jim Spellman/WireImage(WASHINGTON) — Facebook co-founder Eduardo Saverin stands to make billions when Facebook goes public next week. And now, ahead of that IPO, the 30-year-old has renounced his American citizenship, apparently to trim his tax liabil…
Facebook to Release App Center, Offer Paid Apps
Peter Foley/Bloomberg via Getty Images(MENLO PARK, Calif.) — Facebook’s not slowing down this month. In addition to the announcement of its organ donation program and its IPO, the social networking giant has just announced that it will be …
Nearly 13 Million Facebook Users Don’t Use Privacy Controls
Justin Sullivan/Getty Images(NEW YORK) — A new survey finds millions of Facebook users are potentially exposing valuable personal information beyond their “friends” by not using the site’s privacy controls. The Consumer Reports State…
Facebook IPO May Value Company at $85 to $95 Billion
Peter Foley/Bloomberg via Getty Images(NEW YORK) — Facebook announced that it is raising as much as $11.8 billion in stock, which would make this the biggest Internet IPO since Google’s in 2004, with an offering price between $28 and $35 a share. The …
Best Buy Employee Wrongly ‘Outed’ Denver Man on Facebook
ABC News(DENVER) — A heterosexual man in Denver claims that a Best Buy employee wrongly “outed” him on Facebook after he left his phone for repair.Rich Dewberry said he brought in his mobile device to get fixed and was given a new phone. S…
States See Instant Spike in Organ Donors Following Facebook Push
iStockphoto/Thinkstock(NEW YORK) — Organ donation registries in 10 states reported many new volunteer donors Tuesday—the first day of a new initiative that allowed Facebook users to sign up to become organ donors—as they typically see in o…
Facebook COO Sheryl Sandberg: ‘Our Dream Is to Save Lives’
Chris Ratcliffe/Bloomberg via Getty Images(NEW YORK) — Facebook’s new life-saving tool that helps people become organ donors evolved in part out of a note the company’s COO Sheryl Sandberg read on her college reunion newsletter.Sandberg, a…
Georgia Teen Sues Cyberbullying Classmates
Justin Sullivan/Getty Images(ACWORTH, Ga.) — A Georgia teenager is suing two of her classmates for creating a cruel Facebook page in her name after school officials and authorities said the matter was out of their control.Alex Boston, 14, of Acworth, …
ABC News Exclusive: Facebook to Help Find Organ Donors
Rick Rowell/ABC News(LOS ANGELES) — Conversations over the dinner table with his med-student girlfriend helped Mark Zuckerberg formulate his latest big idea — harnessing the power of Facebook to help eliminate the critical shortage of organs for…
Zuckerberg Explains Life-Saving Facebook Tool, Stays Mum on IPO
Rick Rowell/ABC News(NEW YORK) — Conversations over the dinner table with his med-student girlfriend helped Mark Zuckerberg formulate his latest big idea — harnessing the power of Facebook to help eliminate the critical shortage of organs for pa…
New Facebook Tool Helps Organ Donors ‘Share Life’
Rick Rowell/ABC NewsBy MARK ZUCKERBERG and SHERYL SANDBERGFacebook is about connecting and sharing — connecting with your friends, family and communities, and sharing information with them about your life, work, school and interests. On any given day …
Attorneys Will Continue to Fight Dismissal of Marine Critical of Obama
(SAN DIEGO) — Civilian lawyers for the Marine sergeant discharged Wednesday for posting critical comments about President Obama on Facebook say they will continue to fight his dismissal in civilian courts.On Wednesday, Sergeant Gary Stein was given an…
Facebook Support Dashboard Provides More Information on Reported Content
Image credit: Facebook(NEW YORK) — Facebook isn’t only beefing up security this week, it’s also becoming a bit more transparent. Today the company is rolling out a new Support Dashboard, allowing users to see the exact status of filed repo…
Facebook Beefs Up Security With New Anti-Virus Marketplace
Justin Sullivan/Getty Images(LOS ANGELES) — Facebook has partnered with anti-virus software companies, including Microsoft, McAfee, TrendMicro, Sophos and Symantec, and is announcing Wednesday two major security steps.Facebook will now incorporate the…
Survey: Many Don’t Understand Facebook’s, Google’s Privacy Policies
LOIC VENANCE/AFP/Getty Image(NEW YORK) — Have you ever read the privacy policies of Facebook and Google? Did you understand what you were reading? Well, it turns out many people don’t.A new survey by Siegel+Gale, a strategic branding firm,…