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Facebook considers opening up to users under 13
Facebook is working on technology that would permit children under the age of 13 to use the social network site with parental supervision, people familiar with the effort said Monday. Facebook currently requires members to be at least 13, but the new effort is being made because many children lie…
Facebook tumbles, extends post-IPO slump
NEW YORK — Facebook shares tumbled nearly 10 percent Tuesday, extending their slump after the much-hyped public offering earlier this month ran into investor skepticism about the social network. Facebook closed with a loss of 9.68 percent at $28.82, dropping below $30 for the first time and ending down more…
Facebook makes mobile move after IPO flop
SAN FRANCISCO — Facebook released a “camera” application Thursday that lets people take Instagram-style pictures that can be shared with iPhones. The stand-alone application synchs to the leading social network, letting friends consult one another’s photos. The new mobile app “makes using Facebook photos faster and easier,” according to product…
Facebook users file class action lawsuit over online tracking
Facebook’s first day of trading following its $100bn flotation has been gate-crashed by a $15bn class action against the social network. Users of the service have filed an “amended consolidated class action complaint” in federal court in San Jose, California, relating to allegations that Facebook has been “improperly tracking the…
GM to pull ads from Facebook
General Motors has confirmed that it is pulling its advertising fromFacebook after determining that paid ads had little impact on consumers. GM has been spending about $10 million on paid advertising and $30 million on unpaid marketing on Facebook. “We are reassessing our Facebook advertising, but we remain committed to very aggressive social media…
UK police call on social media users to ‘self-regulate’ bullying
Police chiefs are calling on users of online social networking sites to be the “eyes and ears” of officers to help combat the menace of ‘trolls’ who bully or abuse via the web. Police forces across the UK are investing more funds into making sure they are plugged into sites…
Google+ rolls out ‘Hangouts On Air’ worldwide
Google began letting members of its social network worldwide broadcast “hangouts” live to Internet titan’s growing online community. Hangouts On Air were introduced last year at Google+ with select high-profile members testing the service that lets as many as ten people at a time take part in virtual roundtable style video chats broadcast for…
Facebook buys mobile discovery startup Glancee
SAN FRANCISCO — Mere weeks from a multi-billion-dollar debut on the stock market, Facebook has ramped up its focus on mobile lifestyles with the purchase of “social discovery” startup Glancee. Glancee founders behind the smartphone application for finding like-minded people nearby joined the Facebook team in what was seen as…
Facebook execs hit the road to persuade investors
NEW YORK — Facebook, already assured of becoming one of the most valuable US firms when it goes public later this month, now must convince investors in the next two weeks that it is worth all the hype. Top executives at the world’s leading social network have kicked off their…
Facebook, Yahoo! patent battle heats up
A legal battle between Yahoo! and Facebook heated up Friday with the floundering Internet pioneer accusing the rising social network star of buying patents just to retaliate in court. The accusation came in a 37-page response filed by Yahoo! to a countersuit Facebook filed charging that the Sunnyvale, California-based company…
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