PC Aug 28, 08 6:35 PM CDT
(Newser)
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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.”
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ANALYSIS
Service starts playing tough, removing posts
CNET Aug 25, 08 8:07 PM CDT
(Newser)
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“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.
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Even CEO Zuckerberg reportedly selling still-private options at bargain prices
BusinessWeek Aug 6, 08 1:22 PM CDT
(Newser)
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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.
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Site wants to offer easier access to other applications
Forbes May 29, 08 2:44 PM CDT
(Newser)
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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.
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But Zuckerberg stays put, gets veteran help after hitting potholes
CNNMoney May 13, 08 4:13 PM CDT
(Newser)
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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.
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Expanding site borrowing $100M for more servers
CNET May 12, 08 6:46 CDT
(Newser)
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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.
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Site moves to fix mistakes by raiding Silicon Valley powers
Forbes Apr 28, 08 7:47 PM CDT
(Newser)
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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.
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ConnectU had accused Zuckerberg of filching social network ideas
New York Times Apr 7, 08 2:01 PM CDT
(Newser)
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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.
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Reporter draws heckles, as CEO talks about changing world
CNET Mar 10, 08 1:47 PM CDT
(Newser)
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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.
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Social networking site recruits big gun
to stem growing pains
Wall Street Journal Mar 4, 08 3:35 PM CST
(Newser)
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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.
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CEO's chattiness at staff meeting leaked
All Things Digital Feb 1, 08 12:12 PM CST
(Newser)
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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.
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UK's top social networker vies for industry compatibility
GigaOm Dec 12, 07 5:37 PM CST
(Newser)
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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.
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Users can disable service after wave of privacy complaints
Wall Street Journal Dec 5, 07 5:07 PM CST
(Newser)
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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.
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OPINION
Zuckerberg's attempted censorship 'a major fumble', says columnist
All Things Digital Dec 2, 07 1:38 PM CST
(Newser)
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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."
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Switches ad platform
to 'opt-in' format after users decry involuntary 'sharing'
Washington Post Nov 30, 07 6:36 CST
(Newser)
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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."
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