Revenue jumped 63% to $2.59 billion in the fourth quarter, beating analysts’ expectation
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Wednesday 19 December 2012
God, it's annoying about Instagram. You pay them that monthly fee and then take all those brilliant photos of pieces of cheese and share them with your friends, and then, yesterday, you get hit with it: they're going to sell your pictures on to advertisers without giving you a penny or asking your permission. The cheek of it is astounding. The worst of it is: you can't escape. Once you're an Instagram user, there is simply no way to protect yourself from this cynical, greedy move by Facebook, a company that used only to be interested in making the world better through social networking.
Tuesday 18 December 2012
There is in fact no such thing as a fundamental human right to awesome retro filters on Instagram. Surprising, I know
Sunday 28 October 2012
Almost one million school children aged five to 16 think rapper Professor Green is a scientist, according to research.
Friday 05 October 2012
Facebook now has one billion users, the equivalent of about one in seven of the world's population, its founder announced yesterday.
Thursday 04 October 2012
Facebook continues staggering growth amid falling share prices and continued concern over profitability
Thursday 16 August 2012
George Soros, the legendary investor, has spent more than $10m (£6.3m) acquiring a stake in Facebook, signalling a rare vote of confidence in the social-networking site after its troubled flotation in May.
Wednesday 30 May 2012
Facebook shares slid below $30 to a new low yesterday as nervous investors fled the company's shares, concerned about the social network's long-term growth prospects and an initial offering price that in retrospect may have been too rich.
Friday 25 May 2012
Investors sue the social networking site, claiming its prospectus for stock listing was misleading
Tuesday 22 May 2012
After the triumphalist scenes at Facebook's headquarters when it floated last week, the company probably deserves the outpouring of derision that accompanied its share price plunge yesterday, which at one point had wiped $15bn off the value of the company ($15bn is equal to about one Yahoo).
Sunday 20 May 2012
Saturday 19 May 2012
Facebook's first public investors sent its value to $105bn in New York yesterday but there was disappointment that the shares failed to go much higher than their opening price of $38.
Friday 18 May 2012
Facebook is officially the biggest internet flotation of all time, after the social network priced its shares last night at the top of its expected range and set a value for the company of $104bn (£66bn).
Monday 14 May 2012
As Obama plans taxes on super-rich, Eduardo Saverin applies to give up citizenship
Stephen Foley: Facebook's acquisition of Instagram is a hyper-defensive move against a potential rival
Tuesday 10 April 2012
In 1994, the KLF, one of the more cerebral pop outfits of the Nineties, took the proceeds of their many No 1 hits, piled the cash high in an abandoned boathouse on a Scottish island, and set fire to it.
Sunday 11 March 2012
As with many great inventions, the premise sounds faintly ridiculous: an undergarment that gives women of any shape a Hollywood-style figure.
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
BBC director Danny Cohen: Rising UK antisemitism makes me feel more uncomfortable than ever
- 1 Planes go hybrid-electric in important step to greener flight
- 3 Antonio Martin shooting: Mayor says there should be 'no comparison' to Ferguson