John Carmack says he wasn’t expecting Facebook to purchase Oculus

By on March 31, 2014 at 3:11 PM.

John Carmack says he wasn’t expecting Facebook to purchase Oculus

Oculus CTO John Carmack has reportedly broken his silence over social network site Facebook’s planned acquisition of Oculus. Carmack, who joined the company last August, replied to a blog post by chiptune musician Peter Berkman saying that he wasn’t expecting Facebook to purchase the company. More →
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Facebook lab working on drones to beam the Internet from the sky

By on March 28, 2014 at 11:33 AM.

Facebook lab working on drones to beam the Internet from the sky

Facebook said it has a lab working on using drones, satellites and solar-powered planes to provide web access around the world. "We have been working on ways to beam Internet to people from the sky," Facebook co-founder and chief Mark Zuckerberg said in a post on the leading social network. More →
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Mark Zuckerberg lashes out at the US government about spying on its citizens

By on March 14, 2014 at 3:55 PM.

Mark Zuckerberg lashes out at the US government about spying on its citizens

In a rather long Facebook status update yesterday, Facebook's CEO Mark Zuckerberg expressed his thoughts about Internet security, privacy and whatever the US government has been doing with them. His outburst comes after reports suggested the NSA posed like Facebook, so that when these targets log into their Facebook accounts, all the information gets passed to NSA instead. The program, codenamed 'Turbine', used malware to spy on users. More →
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WhatsApp founders Jan Koum and Brian Acton in Forbes’ global billionaires list

By on March 4, 2014 at 5:14 PM.

WhatsApp founders Jan Koum and Brian Acton in Forbes’ global billionaires list

Following Facebook's $19 billion acquisition of WhatsApp, the two founders of the popular mobile messaging service have now earned a new distinction — a place in the Forbes's list of global billionaires. According to Forbes, 38-year-old Jan Koum, who ranks 202 in the list, is now worth $6.8 billion and 42-year-old Brian Acton (rank 551) is worth $3 billion. More →
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Facebook CEO Zuckerberg tops 2013 charity giving list

By on January 2, 2014 at 3:26 PM.

Facebook CEO Zuckerberg tops 2013 charity giving list

Facebook CEO Mark Zuckerberg has reportedly topped the giving list for US philanthropists after donating a Silicon Valley foundation with nearly one billion dollars. Zuckerberg, along with wife, Priscilla Chan, contributed the sum to the Silicon Valley Community Foundation including 18 million in Facebook shares that totaled to about 992 million dollars. More →
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Facebook CEO Mark Zuckerberg to sell shares worth $2.3 billion: Reuters

By on December 19, 2013 at 7:02 PM.

Facebook CEO Mark Zuckerberg to sell shares worth $2.3 billion: Reuters

CEO Mark Zuckerberg is reportedly planning on selling 41.4 million Facebook shares, which are worth $2.3 billion, Reuters reports. He’s said to be making this move as a part of offering 70 million Class A common shares of the company and also to pay a massive tax bill. More →
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Facebook CEO Zuckerberg faces IPO lawsuit over misleading investors

By on December 19, 2013 at 3:50 PM.

Facebook CEO Zuckerberg faces IPO lawsuit over misleading investors

Facebook Inc, chief executive Mark Zuckerberg and dozens of banks could face a lawsuit for misleading investors. U.S. district judge Robert Sweet made the decision public in Manhattan that the site misled investors about its health before its 16 billion dollars initial public offering. More →
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Facebook’s pet foxes at the Menlo Park campus get their own Facebook Page

By on June 28, 2013 at 2:59 PM.

Facebook’s pet foxes at the Menlo Park campus get their own Facebook Page

The foxes at Facebook’s Menlo Park Campus have become so popular that the company has dedicated a Facebook page to their “pets”. All the fox photos have been compiled and are now posted on the FB Fox page and @FBFox on Instagram. More →
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