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Facebook to shut down Gifts service in latest e-commerce shift

Last Updated: Wednesday, July 30, 2014, 09:01

Facebook Inc will shut its 2-year-old Gifts shop on Aug. 12, as the world`s largest social network tests other ways to let consumers buy products on its website.

Facebook says SEC's IPO probe ends, extending WhatsApp closing date

Last Updated: Saturday, July 26, 2014, 12:29

Facebook Inc said the U.S. Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering.

Facebook's Instagram to expand ads beyond US

Last Updated: Tuesday, June 10, 2014, 09:34

The ads will start to appear on versions of the service in the three countries later this year, Instagram said in a post on its official blog.

Facebook`s Instagram to expand ads beyond U.S.

Last Updated: Tuesday, June 10, 2014, 07:15

Instagram, the mobile photo service owned by Facebook Inc, is expanding its nascent advertising business beyond the United States and will begin showing ads to users in Britain, Canada and Australia, the company said on Monday.

Zuckerberg, other Facebook directors are sued over pay plan

Last Updated: Tuesday, June 10, 2014, 04:09

Mark Zuckerberg and other members of Facebook Inc`sboard have been sued by a shareholder who claimed a policy letting them annually award directors more than $150 million of stock each if they choose is unreasonably generous.

WhatsApp co-founder sees challenges in US and other markets

Last Updated: Thursday, June 05, 2014, 14:02

Boosting the adoption of messaging service WhatsApp in the United States and some other markets is proving difficult, co-founder Brian Acton said, but the company will still create substantial revenue for prospective parent Facebook Inc.

Publicis, Facebook set marketing deal in "hundreds of millions"

Last Updated: Tuesday, May 20, 2014, 10:59

French advertising agency Publicis Groupe SA and Facebook Inc FB.O have struck a multi-year digital marketing deal worth hundreds of millions of dollars.

Facebook developing video-chat app to rival Snapchat: Report

Last Updated: Monday, May 19, 2014, 12:25

Snapchat, popular among teenagers, allows users to send smartphone photos that automatically disappear after a few seconds.

Morgan Stanley fined $5 mn over sales of 83 IPOs

Last Updated: Tuesday, May 06, 2014, 23:36

A Wall Street regulator fined a Morgan Stanley wealth management unit USD 5 million on Tuesday for supervisory failures related to the sale of shares to retail customers in 83 initial public offerings, including Facebook Inc and Yelp Inc.

Facebook launches mobile ad network to vie with Google, Twitter

Last Updated: Thursday, May 01, 2014, 10:22

Facebook Inc rolled out a new service that it envisions will distribute ads across a network of mobile applications.

How Facebook avoided Google`s fate in talent poaching lawsuit

Last Updated: Tuesday, March 25, 2014, 05:02

Facebook Inc emerged as one of the biggest Silicon Valley companies to have resisted rivals` entreaties to stop poaching each other`s employees.

Facebook's San Francisco-area HQ secured after threat made: Police

Last Updated: Wednesday, March 12, 2014, 13:24

Police searched and secured the headquarters of social media giant Facebook Inc on Tuesday evening after receiving a threat against the company, which San Francisco-area authorities said turned out to be "totally not credible".