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

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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.

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

Facebook beats Wall Street targets, stock hits record high

SAN FRANCISCO - Facebook Inc's fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading on Wednesday.

Tech, Business, 24 Jul 2014

Zuckerberg to testify at N.Y. forgery trial - prosecutors

NEW YORK - The government will call Mark Zuckerberg to testify against an upstate New York man accused of trying to cheat the billionaire founder of Facebook Inc out of half his stake in the social media company, a federal prosecutor said on Tuesday.

Tech, 23 Jul 2014

Yahoo to buy analytics startup Flurry to bolster mobile ad business

SAN FRANCISCO - Yahoo Inc will buy mobile analytics startup Flurry to beef up a fast-growing mobile advertising business that still lags Google Inc's and Facebook Inc's in scale.

Tech, 22 Jul 2014

Facebook 'selfie' leads to shoplifting arrest in Illinois - police

CHICAGO - An Illinois woman made police work easy when she allegedly stole a colorful, leopard-pattern dress from a small boutique, then posted a picture of herself wearing it on Facebook, police said on Monday.

Tech, 22 Jul 2014

Facebook tests new 'buy' button for online purchases in U.S.

SAN FRANCISCO - Facebook Inc is testing a new "buy" button on its website that will let consumers purchase products that are advertised on its social network.

Tech, 18 Jul 2014

World Cup was biggest social media event ever - Facebook

SAO PAULO - Brazil's World Cup was the biggest social media event on record involving 350 million Facebook Inc users worldwide, the company claimed on Monday, as it made strides into the so-called "real-time" market dominated by Twitter.

Tech, Top News 14 Jul 2014

World Cup was biggest social media event ever - Facebook

SAO PAULO - Brazil's World Cup was the biggest social media event on record involving 350 million Facebook Inc users worldwide, the company claimed on Monday, as it made strides into the so-called "real-time" market dominated by Twitter.

Tech, 14 Jul 2014

INSIGHT - As millions vape, e-cigarette researchers count puffs, scour Facebook

NEW YORK - One team of researchers assessing the risks of electronic cigarettes is counting the puffs taken by volunteer "vapers." Another will comb Facebook for posts on how people are tinkering with e-cigarettes to make the devices deliver extra nicotine. A third is building a virtual convenience store for 13-to-17-year-olds, measuring how e-cigarette displays and price promotions influence whether minors buy the increasingly popular devices.

World, 07 Jul 2014