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November 21, 2008 10:37:19 CST


Mark Zuckerberg

Mark Zuckerberg news stories

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(Newser) - Facebook is going Hollywood, PC World reports. West Wing writer Aaron Sorkin has signed on with Sony to pen a movie about the social networking site’s founding. The movie will probably focus on Mark Zuckerberg’s initial work while at Harvard. But Sorkin may have some research to do first: “My grandmother has more Internet savvy than I do,” the screenwriter quips, “and she's been dead for 33 years.” More »

More about:  Internet film Facebook social networking Mark Zuckerberg movie deal Aaron Sorkin

ANALYSIS

Facebook Getting Aggressive With 'Wall Spam'

Service starts playing tough, removing posts

(Newser) - “Wall spam” has gone from minor annoyance to publicity problem for Facebook, and it seems the social-networking giant is getting more aggressive in its attempts to combat it, reports Caroline McCarthy in CNET. Within 2 hours of receiving a spam post yesterday, McCarthy found it had been deleted by Facebook. Until recently, the site has merely been disabling links in suspected messages. More »

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Insider Sales Put Facebook's Value at Fraction of $15B

Even CEO Zuckerberg reportedly selling still-private options at bargain prices

(Newser) - Though the stake bought by Microsoft last fall pegged Facebook’s value at $15 billion, a rush of stock sales by insiders at the still-private company shows they think it’s worth much less, BusinessWeek reports. Even Mark Zuckerberg, founder and CEO of the social-networking giant, reportedly has sold some shares, and trouble could be looming in Silicon Valley. More »

More about:  Microsoft Facebook social networking IPO Mark Zuckerberg shares

 Facebook Readies
 User-Friendly Makeover 

Site wants to offer easier access to other applications

(Newser) - Social-networking stalwart Facebook is redesigning its site to allow users easier access to an array of applications that might include search options, Forbes reports, and give advertisers more ways to reach the Facebook community. CEO Mark Zuckerberg, speaking at the All Things Digital conference, said the company hoped to work more with search giant Google. More »

More about:  Internet Google Facebook social networking online advertising Mark Zuckerberg Sheryl Sandberg

Growing Pains Plenty Evident
at Facebook

But Zuckerberg stays put, gets veteran help after hitting potholes

(Newser) - Facebook is seeing a lot of challenges lately, with ads selling at rock-bottom prices, revenue not nearly rivaling MySpace, and third-party developers defecting to OpenSocial networks (MySpace, again). But unlike other companies’ young founders, Mark Zuckerberg isn’t about to step aside. And thanks to his tight control of Facebook's board, he’s not about to be pushed out, either, Fortune reports. More »

More about:  Facebook social networking MySpace Mark Zuckerberg corporate governance ad revenue Sheryl Sandberg

Zuckerberg Pal Quits as Facebook CTO

Expanding site borrowing $100M for more servers

(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 »

More about:  Facebook social networking Mark Zuckerberg computer servers

Facebook Shopping for Grownup Execs

Site moves to fix mistakes by raiding Silicon Valley powers

(Newser) - After some high-profile blunders, Facebook is looking for older and more seasoned executives to round out its team. Former Google veep Sheryl Sandberg has already joined up, and the social-networking site is looking for a new general counsel and a vice president of communications and public policy, Forbes reports. More »

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Facebook and Rival Settling Origins Lawsuit

ConnectU had accused Zuckerberg of filching social network ideas

(Newser) - Pending lawsuits between Facebook and rival social networking site ConnectU will be settled, a source tells the New York Times . The founders of ConnectU accused Mark Zuckerberg of stealing their ideas back when both sites were in their infancy, and the Facebook CEO filed a countersuit against his former Harvard classmates. Terms of the settlement haven't been disclosed. More »

More about:  lawsuit Facebook Harvard settlement Mark Zuckerberg ConnectU Cameron Winklevoss Tyler Winklevoss Divya Narendra

Audience Disses Zuckerberg SXSWi Interview

Reporter draws heckles, as CEO talks about changing world

(Newser) - Facebook is changing the world. At least, that was a dominant theme during Mark Zuckerberg’s Sunday keynote at the South by Southwest Interactive Festival, during which interviewer Sarah Lacy of BusinessWeek drew heckles from an increasingly impatient audience. Zuckerberg talked about Colombian activists and Lebanese youth using Facebook to organize and broaden their minds. More »

More about:  Facebook social networking Colombia Lebanon Mark Zuckerberg BusinessWeek

Facebook Poaches COO From Google

Social networking site recruits big gun
to stem growing pains

(Newser) - Facebook has hired the Google VP who handles virtually all advertising sales in a bid to ease the hiccups the rapidly expanding networking site is encountering. New COO Sheryl Sandberg, one of Silicon Valley's top female execs, denied that Google's plummeting stock price motivated the move, the Wall Street Journal reports. More »

More about:  Google Facebook online advertising Silicon Valley Mark Zuckerberg advertising sales Sheryl Sandberg

Zuckerberg Spills the Beans About Facebook Finances

CEO's chattiness at staff meeting leaked

(Newser) - Mark Zuckerberg got talkative with the Facebook staff yesterday. The boy CEO shared intimate details of the privately-owned company’s finances to an all-staff meeting with an open phone-in line—“It was really unbelievable,” marveled one. The numbers indicated a fall from break-even grace for the company in 2008, when it will have a negative cash flow of $150 million, reports All Things Digital. More »

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Bebo Adopts Facebook-Style Ad Platform

UK's top social networker vies for industry compatibility

(Newser) - Bebo, the most popular social networking site in Britain, announced today that it will launch an application platform modeled on that of Facebook, GigaOm reports. The launch is the result of a collaboration with its US counterpart, so that developers of Facebook apps will be able to port their work to Bebo with minimal effort. More »

More about:  Google Facebook Mark Zuckerberg Bebo OpenSocial

Facebook CEO Apologizes for Ad System

Users can disable service after wave of privacy complaints

(Newser) - Facebook CEO's apologized today for the company's new advertising system and told users they can disable it, the Wall Street Journal reports. The system, which tracks users' web activities, raised a firestorm of complaints over privacy concerns. "We've made a lot of mistakes building this feature, but we've made even more with how we've handled them," Mark Zuckerberg wrote on the company's blog. More »

More about:  Facebook Mark Zuckerberg Beacon

OPINION

Facebook Court Defeat May Presage a Fall

Zuckerberg's attempted censorship 'a major fumble', says columnist

(Newser) - Facebook has been handed a defeat in its attempts to censor the independent Harvard alumni magazine 02138 , which published confidential court documents relating to founder Mark Zuckerberg's earlier work for a rival site. That's a good thing, says Kara Swisher of the Wall Street Journal , for whom the attempted injunction was "essentially a legal temper tantrum." More »

More about:  Facebook Harvard First Amendment Mark Zuckerberg ConnectU Cameron Winklevoss Tyler Winklevoss Divya Narendra

Facebook Backs Off Beacon

Switches ad platform
to 'opt-in' format after users decry involuntary 'sharing'

(Newser) - Facebook has watered down its unpopular Beacon ad platform, which "shared" information about users' online shopping habits with everyone in their Facebook network—without their permission. Now, instead of making users opt out every time they make a purchase if they don't want it to be broadcast, Facebook will only broadcast the transaction if user click "ok."  More »