Facebook warns of increased spending, shares fall


SAN FRANCISCO - Facebook Inc warned on Tuesday of a dramatic increase in spending in 2015 and projected a slowdown in revenue growth this quarter, slicing a tenth off its market value. | Video

Facebook sues lawyers for pursuing dubious Ceglia lawsuit

NEW YORK - Facebook Inc and Chief Executive Mark Zuckerberg have sued several lawyers who represented Paul Ceglia, claiming they helped the upstate New York entrepreneur pursue a fraudulent lawsuit to extort a 50 percent stake in the social networking company.

Tech, Media, 20 Oct 2014

Fidelity Contrafund loads up on Facebook and it pays off

BOSTON - The $108 billion Fidelity Contrafund continues to have a big appetite for Facebook Inc's stock, adding to its position in the social media company during the third quarter and praising its mobile ad revenue growth and "visionary management."

Money, Tech, 20 Oct 2014

Industry chiefs including Zuckerberg named to board of influential Beijing business school

BEIJING - China's Tsinghua University School of Economics and Management has added three western business heavyweights to its advisory council including Mark Zuckerberg, the Facebook Inc founder who has long sought to enter the Chinese market where his social network is currently banned.

Tech, Media 20 Oct 2014

Former 'American Idol' contestant Joanne Borgella dies at 32

LOS ANGELES - Singer and model Joanne Borgella, who competed on "American Idol" in 2008, died on Saturday at age 32 after a battle with cancer, her family said on her Facebook page.

Entertainment, 18 Oct 2014

Apple, Facebook will pay for female employees to freeze their eggs

SAN FRANCISCO - Apple Inc and Facebook Inc will help pay for female employees to freeze their eggs, signaling a willingness to spend on perks and benefits in a race to acquire top-flight talent.

Tech, Media 14 Oct 2014

Facebook's Zuckerberg to donate $25 million to tackle Ebola

- Facebook Inc Chief Executive Mark Zuckerberg said on Tuesday he and his wife, Priscilla Chan, would donate $25 million to the Centers for Disease Control Foundation to fight Ebola.

Health, Tech, 14 Oct 2014

Facebook has no near-term plan to monetize WhatsApp: CEO

NEW DELHI - Facebook Inc , which closed its acquisition of mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, Chief Executive Mark Zuckerberg said on Thursday.

Tech, 09 Oct 2014

Facebook's WhatsApp acquisition now has price tag of $22 billion

SAN FRANCISCO - Facebook Inc closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months.

Tech, Deals, Media 06 Oct 2014

Facebook wins EU approval for $19 billion WhatsApp bid

BRUSSELS - Facebook , the world's most popular social network, gained European Union clearance on Friday for its proposed $19 billion takeover of mobile messaging startup WhatsApp in a deal setting it against the telecoms industry.

Tech, Deals, Media 03 Oct 2014