SAN FRANCISCO A Facebook Inc shareholder filed a proposed class action lawsuit on Friday in a bid to stop the company's plan to issue new Class C stock, calling the move an unfair deal to entrench Chief Executive Mark Zuckerberg as controlling shareholder.
Facebook Inc said on Thursday that government requests for account data increased by 13 percent in the second half of 2015, with the United States and India topping the list.
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Facebook Inc's quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile app and a push into live video lured new advertisers and encouraged existing ones to boost spending. | Video
SAN FRANCISCO Facebook announced on Wednesday it will create a new class of non-voting shares in a move aimed at letting Chief Executive Officer Mark Zuckerberg give away his wealth without relinquishing control of the social media juggernaut he founded.
Facebook Inc is developing a stand-alone camera app, similar to disappearing photo app Snapchat, to increase user engagement, the Wall Street Journal reported, citing people familiar with the matter.
Facebook's picture sharing app Instagram is updating its "Explore" section to add video channels that will appear in a feed according to users' preferences.
SAN FRANCISCO Facebook Inc said on Tuesday it has opened up its Messenger app to developers to create "chatbots," hoping that by simulating one-on-one conversations between users and companies it will expand its reach in customer service and enterprise transactions.
SAN FRANCISCO/LOS ANGELES Facebook Inc on Wednesday expanded its live video product, Facebook Live, giving the feature prominent placement on its app and rolling out features to make it easier for users to search and comment in real time.
WASHINGTON Facebook on Tuesday announced it had bolstered the default encryption settings for the more than one billion users of its popular WhatsApp messaging service so that all messages will now be accessible only to the sender and recipient.