Mountain View-based social networking site for professionals, LinkedIn has priced its IPO at the higher end $45 a share, making it the biggest US Internet IPO since Google went public and indicates the voracious investor appetite for social networking sites.
With business networking site LinkedIn going public on May 19, investors have claimed that the company's plan to sell in the range of $43 - $45 per share is overpriced.
A Secret Service agent interrogated a 13-year-old boy without parental consent over a Facebook posting.
Egypt’s ruling military council released a report on Wednesday that it does not intend to interfere in judicial affairs, denying reports that it might pardon former President Hosni Mubarak.
A number of social networking tech companies, including rivals Facebook and Google, are teaming up against a social networking bill in California.
Facebook and other social network giants are opposing a new Californian bill, which requires all social network websites to make users' information private by default. A spokesman claims that the bill would be a big threat to their businesses.
A couple in Israel has named their baby after the Facebook action, Like.
Microsoft has deepened its integration with Facebook to offer more socially refined results through its Bing search engine to tackle Google's search engine algorithm.
Facebook has spent more than $6,600 lobbying California state officials to negate the Social Networking Privacy Act which will impose penalty on social networking sites for displaying personal details of children under 18.
Windows Phone 7 (WP7) will get a new Facebook Chat option in the coming months after the Mango update is established by Microsoft, a report by the company revealed.
Through official partnerships with Twitter, Facebook, and NY-based startups Foursquare and Tumblr, New York City aims to be the top digital city in America. The city's first chief digital officer, Rachel Sterne, joined Mr. Bloomberg in presenting the Road Map for the Digital City, and how to expand its online presence.
Ivan Stoiljkovic, 6 years-old, has a special talent. He can attract metalic objects.
American pop singer Lady Gaga became the first Twitter user to reach the landmark of achieving 10 million followers, topping Justin Bieber.
Is it a way of reimagining your everyday environment or a dangerous new craze?
The surging rebellions through internet urging to overthrow the political coup in the middle east has probably motivated the Thai justice ministry to patrol cyberspace in search of anybody violating the kingdom’s strict lese majeste rules, an offence punishable by up to 15 years in prison.
The final launch of the space shuttle Endeavour has settled to take place next Monday after engineers battled to resolve an electrical problem that plagued the original launch dates.
The final launch of the space shuttle Endeavor is expected to take place shortly before 9am EST, and promises to be an emotional moment for the shuttle's commander, Mark Kelly.
Facebook admitted this week that it hired a high-powered public relations firm to smear competitor Google, using what one insider calls furtive and creepy tactics.
Art and life often mimic each other, and it was no different at the Royal Wedding where Princesses Beatrice and Eugenie looked akin to Cinderella's wicked stepsisters.Princess Beatrice's hat has become so famous that it even has its own Facebook page. So who created the hat?
Facebook became the world's fastest growing brand in the Brandz Top 100 ranking, published by Millward Brown. With its brand valued at $19.1 billion, Facebook also entered in to the top 100 most valuable global brands in 2011 at number 35. It is also the first time the Facebook has appeared at all in Milward Brown's ranking, now in its sixth year.
Victoria's Secret bombshells, Miranda Kerr, Adriana Lima, Alessandra Ambrosio, Erin Heatherton and Candice Swanepoel made heads turn once again on Thursday as they officially announced the launch of their summer tour.
After speculation of Facebook’s recent smear attempt against Google, it was confirmed that the largest social networking website hired PR firm Burson-Marstellar to plant stories attacking Google’s content publishing and privacy practices. The bitter rivalry is now in the open; Facebook acknowledged using a 3rd party to assist in the campaign.