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Facebook's weak stock market debut has a potential silver lining for the social media giant - some short sellers may have been scared off.
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Facebook Inc is paying $55 million to $60 million to buy Face.com, according to people familiar with the matter, acquiring the company that provides the facial-recognition technology used by the world's largest social network to help users identify and tag photos.
iPad owners who are not satisfied with the Safari browser can now look forward to try Mozilla's prototype browser 'Junior'. Mozilla was absent from iPad's browser market so far but now the company is ready to make an entry.
Mozilla presented its strategy to reclaim its position at the world’s number one mobile browser, with rivals such as Google Chrome and even Internet Explorer 9 offering greater performance and a bigger install base. One of the features included is the long-requested mobile iOS browser; the company currently offers Firefox Home on Android, but that’s for syncing bookmarks rather than being a full-featured browser.
Facebook Inc has agreed to pay $10 million to charity to settle a lawsuit that accused the site of violating users' rights to control the use of their own names, photographs and likenesses, according to court documents made public over the weekend.
Two of the most pervasive and dangerous types of software for stealing money from bank accounts have been improved and can now transfer money out automatically, without a hacker's supervision, researchers said.
Frustrated by their inability to stop sophisticated hacking attacks or use the law to punish their assailants, an increasing number of U.S. companies are taking retaliatory action.
Reports Thursday, June 14, suggested Samsung was working on a Facebook rival for its devices. The company has since said the rumors are simply not true.
Krishan Agarwal, president of online luxury watch vendor Melrose.com, told a roomful of attentive Internet retailers last week how Facebook had helped his company generate about 25 percent more sales in two years.
Facebook is set to file a motion to consolidate all the shareholder lawsuits against the social network site, and is expected to place some blame on the Nasdaq for its botched IPO when it files the motion, the New York Times reported Thursday.
An unprecedented land grab for new Web addresses began in earnest on Wednesday with fierce competition for new internet real estate including .app, .blog and .web from applicants hoping to break the near-monopoly of the .com top-level domain.
A federal grand jury in Los Angeles has indicted a 20-year-old British citizen on charges related to attacks by the LulzSec hacking group on the Fox and PBS television networks and Sony's film and TV studio, authorities said on Wednesday.
Rumors from All Things Digital claim Apple is to cut its music-based social network, Ping, after largely being considered a failure since its 2010 launch. The service was designed to bring artists and fans together, but never really caught on as a viable alternative to Facebook and Twitter.