Hot on Facebook

Guy Buys $123 Safe on eBay, Finds $26,000 Inside Seller tries to get half the cash back, fails »

Zuckerberg Pal Quits as Facebook CTO

Expanding site borrowing $100M for more servers

By Matt Cantor, Newser Staff

Posted May 12, 2008 6:46 AM CDT

(Newser) – In a surprise move, Facebook’s Chief Technology Officer is leaving the company, CNET reports. Adam D’Angelo, 23, felt the job no longer suited his skills and interests, sources told BoomTown. But there were also rumors of increasing tension between D’Angelo and Facebook founder Mark Zuckerberg, who have been friends since high school. Meanwhile, the company has borrowed $100 million to expand its server base.

More servers will help handle Facebook’s growing traffic, as well as the site’s variety of flashy applications, Business Week reports. The site boasted 35 million US users in March—up 71% from the previous year. During the same period, the number of international users tripled to 109.2 million. Analysts estimate Facebook uses some 10,000 servers; the loan will allow it to buy another 50,000.

In this frame grab image from Facebook, the Turkish glossary of Facebook in work is shown Tuesday, April 15, 2008. The social networking giant has begun rolling out international versions of its site. (AP Photo/Facebook)

Facebook founder Mark Zuckerberg listens to a question during a talk at Web 2.0 conference in San Francisco, Wednesday, Oct. 17, 2007. (AP Photo/Paul Sakuma)

Facebook.com founder Mark Zuckerberg smiles at Facebook headquarters in Palo Alto, Calif., in this Feb. 5, 2007, file photo. (AP Photo/Paul Sakuma)

« Prev« Prev | Next »Next » Slideshow

To report an error on this story, notify our editors.

More Newser Stories

Facebook to Reveal One of Its Secrets

Social network will unveil details of its new server design

(NEWSER) - Facebook is ready to share one of its secrets: The company will unveil the details of its server design—something most big tech firms keep under wraps—in an effort to improve server technology and efficiency throughout the industry. The firm will publish the technical details of the building design, computers, battery backup technologies, and more that make up the brand-new data center it just built in Oregon, reports the Wall Street Journal . The systems there offer 38% more energy efficiency and a 24% boost in cost-effectiveness compared with Facebook’s earlier equipment. More»

Facebook Has Scads of Cash: Leak

Source reveals finances to Gawker

(NEWSER) - Facebook is pretty much made of money, a knowledgeable source tells Gawker . The site has raw numbers as of September, which Ryan Tate calls “the Silicon Valley equivalent of hard-core pornography,” and they show that the social networking site will probably earn almost $1 billion in profit this year. That’s more than double last year’s reported profits and quadruple the year prior’s. According to the source, Facebook had the equivalent of $3.5 billion in cash as of September. More»

Blame Yourself for Facebook's Lack of Privacy

Site is all about sharing, so stop expecting a 'silver bullet' fix: Farhad Manjoo

(NEWSER) - Facebook is submitting to a government crackdown on privacy, and Mark Zuckerberg acknowledges “a bunch of mistakes” on that front. But the site’s privacy issues are as much our own fault as Zuck’s, writes Farhad Manjoo in Slate . The “idea that we can control the audience for anything we post online” is simply “misguided,” he writes. “The entire point of Facebook is to allow us to connect and share stuff.” More»

Facebook Settles Privacy Case With FTC

It agrees to independent audits for 20 years

(AP) - Facebook is settling with the FTC over charges it deceived consumers with its privacy settings to get people to share more personal information than they originally agreed to. The charges go back to at least 2009, when Facebook changed its privacy settings so that information users may have deemed private, such as their list of friends, suddenly became viewable to everyone. "They didn't warn users that this change was coming, or get their approval in advance," the FTC said. More»

Facebook Employees Dreaming of IPO Christmas

Rumor mill heats up that company is going public soon

(NEWSER) - Here come the Facebook IPO rumors again. An insider tells Business Insider that employees expect the company to go public soon, possibly next month. "The IPO talk inside Facebook has ramped up the past 6 weeks and Zuckerberg repeatedly has said that it is 'coming,' which he *never* said in the history of Facebook," says the source's email. More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

Zuckerberg Pal Quits as Facebook CTO

Expanding site borrowing $100M for more servers

OTHER STORIES ON OUR RADAR

social networking • Facebook • Mark Zuckerberg • computer servers

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Facebook to Reveal One of Its Secrets

Social network will unveil details of its new server design

Facebook Has Scads of Cash: Leak

Source reveals finances to Gawker

Blame Yourself for Facebook's Lack of Privacy

Site is all about sharing, so stop expecting a 'silver bullet' fix: Farhad Manjoo

Facebook Settles Privacy Case With FTC

It agrees to independent audits for 20 years

Facebook Employees Dreaming of IPO Christmas

Rumor mill heats up that company is going public soon

About Us

Site

Newser By Users

Community

Site Maps

Tools

More News

What is Newser?

Zuckerberg Pal Quits as Facebook CTO

Expanding site borrowing $100M for more servers

Bookmark & Share

OTHER STORIES ON OUR RADAR

social networking • Facebook • Mark Zuckerberg • computer servers

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Facebook to Reveal One of Its Secrets

Social network will unveil details of its new server design

Facebook Has Scads of Cash: Leak

Source reveals finances to Gawker

Blame Yourself for Facebook's Lack of Privacy

Site is all about sharing, so stop expecting a 'silver bullet' fix: Farhad Manjoo

Facebook Settles Privacy Case With FTC

It agrees to independent audits for 20 years

Facebook Employees Dreaming of IPO Christmas

Rumor mill heats up that company is going public soon

About Us

Site

Newser By Users

Community

Site Maps

Tools

More News

What is Newser?