Mark Zuckerberg

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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...

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...

Facebook Shopping for Grownup Execs
Facebook Shopping for Grownup Execs
Apr 28, 2008 7:47 PM CDT

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.

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...

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...

Facebook Poaches COO From Google
Facebook Poaches COO From Google
Mar 4, 2008 3:35 PM CST

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...

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...

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...

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...

Facebook Court Defeat May Presage a Fall
Facebook Court Defeat May Presage a Fall
OPINION
Dec 2, 2007 1:38 PM CST

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...

Facebook Backs Off Beacon
Facebook Backs Off Beacon
Nov 30, 2007 6:36 AM CST

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...

Backlash Forces Facebook to Retool Beacon

Users feel 'creeped out' by advertiser info-sharing platform

(Newser) - Facebook execs are pondering changes to the unpopular Beacon advertising platform after massively negative feedback, reports Business Week, and an announcement on "evolving" it could come as soon as today. Users are threatening mutiny over the tool, less than a month old, that tells their friends all about their...

Facebook Feud Heats Up
Facebook Feud Heats Up
Nov 27, 2007 8:59 AM CST

Facebook Feud Heats Up

Independent Harvard alumni magazine dishes the dirt on it

(Newser) - Three former Harvard students who are suing Facebook founder Mark Zuckerberg for stealing their idea are finally about to get their day in court, reports the indy Harvard alumni magazine 02138. Forensic data experts are searching  Zuckerberg’s computer hard drives, searching for source code, which the company claims is...

Facebook Seeks Hedge Fund Cash After Microsoft Deal

Social networking site now valued at $15B

(Newser) - After raising $240 million from Microsoft, the social networking site Facebook expects to raise a further $260 million from hedge funds and private-equity investors, according to the Wall Street Journal. The cash will be used to fund an international expansion and a new ad revenue system. The investment would put...

Facebook May Announce Deal Results Tuesday

Social-network firm has scheduled a sudden all-hands meeting

(Newser) - The result of the bidding war between tech giants Microsoft, Google and Yahoo as to who will own a large investment stake in the social networking site Facebook is still not clear, but an answer may be forthcoming: an all-hands meeting for the young company has been called for Tuesday,...

Facebook Founder's No to IPO
Facebook Founder's No to IPO
Oct 18, 2007 12:21 AM CDT

Facebook Founder's No to IPO

Zuckerberg says going public is years away

(Newser) - Facebook's founder Mark Zuckerberg has quashed speculation over a possible initial public offering. Speaking to an overspill audience at the Web 2.0 conference, held in a ballroom of the ornate Palace Hotel in San Francisco, Zuckerberg said Facebook, the popular internet social network, would not be selling shares on...

Facebook Users Hook Up—With Fellow Burmese Monk Backers

300K mobilize through social networking site

(Newser) - Mammoth networking site Facebook is triggering a massive mobilization of protesters around the world who will hit the streets this weekend in support of the Burmese monks, Wired writes. Nearly 300,000 people have joined the Facebook group "Support the Monks' Protest" since a story on the movement broke...

Facebook to Jump to Real-World Bookshelves

Recent Harvard grads plan satirical look at web giant

(Newser) - The kudzu of the internet will spread beyond the virtual world to bookstore shelves next year with the publication of The Facebook Book, a satirical look at the social-networking phenomenon. The authors, both recent Harvard grads, say they plan a "fictional and fanciful" take on Harvard dropout Mark Zuckerberg's...

Advertisers Will Soon Be Facebooking You, Too

Social-networking site to allow targeted ads based on user profiles

(Newser) - Facebook is at work on a way to sell ads based on information users and their friends post on the site, the Wall Street Journal reports. A basic version of the service could launch this fall, and the social-networking titan eventually might allow marketers to predict products and services users...

Blog Leaks Facebook Source Code
Blog Leaks Facebook Source Code
Aug 13, 2007 5:30 PM CDT

Blog Leaks Facebook Source Code

Concerns persist over social site's security

(Newser) - A blog called "Facebook Secrets" posted a restricted section of the site's source code on Saturday, revealing a major security flaw in the popular social networking site. While the leak didn't  reveal any sensitive information, it does raise concerns as to whether the site's 52M users' personal data is...

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