Facebook restores service after outage in many countries


SAN FRANCISCO - Facebook Inc said service to the world's largest online social network was fully restored on Friday, following a widespread outage that affected users in multiple countries.

Student starts global class action against Facebook

VIENNA - Austrian law student Max Schrems appealed to a billion Facebook users around the world on Friday to join a class-action lawsuit against Facebook's alleged violations of its users' privacy, stepping up a years-long data-protection campaign.

Tech, Top News 01 Aug 2014

Facebook mobile app to offer free, limited Internet in Zambia

SAN FRANCISCO - Facebook Inc is launching a mobile app that gives users in Zambia free access to a handful of online services on mobile phones, broadening an effort to boost Internet usage in underdeveloped countries.

Tech, 31 Jul 2014

Twitter's surge revives valuation debate

REUTERS - The surge in Twitter Inc's shares has revived debate about whether the stock warrants a valuation that is five times that of Facebook Inc, its biggest rival in social media.

Tech, 30 Jul 2014

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

SAN FRANCISCO - 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.

Tech, 30 Jul 2014

OkCupid admits to Facebook-style experimenting on customers

SAN FRANCISCO - OkCupid, a top U.S. matchmaking website, intentionally mismatched users to test its technology, the IAC/InterActive Corp service said on Monday, weeks after Facebook Inc admitted to misleading users in a psychological study.

Tech, 29 Jul 2014

Pakistan mob kills woman, girls, over "blasphemous" Facebook post

ISLAMABAD - A Pakistani mob killed a woman member of a religious sect and two of her granddaughters after a sect member was accused of posting blasphemous material on Facebook, police said Monday, the latest instance of growing violence against minorities.

World, South Asia, Top News, 28 Jul 2014

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

REUTERS - 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.

Business, Tech, 26 Jul 2014

Facebook goes express to mega-cap status - now valued more than AT&T, Coke

NEW YORK - In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers.

Business, Tech, 25 Jul 2014

Facebook shares hit record high as market likes earnings

REUTERS - Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' expectations for quarterly profit and revenue.

Tech, Business, 24 Jul 2014