Facebook’s stock price has passed its $38 IPO price for the first time since its rocky initial public offering more than a year ago.
The world’s biggest online social network has been on a roll since it reported stronger-than-expected earnings on July 24. Investors are especially upbeat about its fast-growing mobile advertising revenue.
Facebook’s stock is soaring after the world’s biggest social network posted higher revenue from mobile ads and delivered a healthy second-quarter profit that reverses a loss a year ago.
A San Jose police officer has been arrested on suspicion of asking for and possessing sexually explicit photos of a 16-year-old girl he conversed with on Facebook, a Santa Clara County Deputy District Attorney said.
Dropbox announced that it wants to replace your hard drive by expanding from an app to an entire platform of services. The company is holding its developers’ conference in San Francisco this week.
Users who may have grown frustrated with Facebook’s rudimentary search feature are getting an updated version designed to make it easier to find people, places and photos on the site.
Two titans in the tech world have much to be thankful after Saturday’s tragic crash at San Francisco International Airport. Samsung exec David Eun actually survived the crash and Facebook COO Sheryl Sandberg was supposed to be on the flight.
Facebook is pulling ads from pages that contain violence or sexual content.
A Florida investment adviser has pleaded guilty in a $13 million securities fraud scheme that prosecutors say capitalized on enthusiasm for Facebook shares.
Facebook is alerting 6 million of its users that their e-mails or phone numbers were inadvertently shared with other members.