Job seekers getting asked for Facebook passwords
SEATTLE — When Justin Bassett interviewed for a new job, he expected the usual questions about experience and references. So he was astonished when the interviewer asked for something else: his Facebook username and password. Bassett, a New York City statistician, had just finished answering a few character questions when the interviewer turned to her […]
Facebook unveils new ad offerings to lure brands
NEW YORK — Facebook is unveiling new advertising offerings designed to help the world’s biggest brands spread their message on the world’s largest online social network. Facebook executives are outlining a vision to move from advertisements to stories. This means that messages and posts from brands will be integrated into users’ news feeds rather than […]
Facebook to unveil new ad offerings
NEW YORK — New, potentially lucrative advertising opportunities are coming to Facebook as a prelude to its initial public offering of stock. The idea is to lure big brands with the promise of effective, precisely targeted ads that reach the social network’s 845 million users. Facebook has invited marketers and journalists to an event Wednesday […]
Study: Facebook users get more than they give
NEW YORK — The goody-two-shoes among us say it’s better to give than to receive. That’s not true for the average Facebook user, though. A new study out Friday found that the average user of the world’s biggest online social network gets more than they give. That means more messages, more “likes” and more comments. […]
Status update: Facebook to go public, raise $5B
NEW YORK — Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University. That means anyone with the right amount of cash will be able to own part of a Silicon Valley icon that quickly transformed from […]
Facebook expected to file IPO as early as Wednesday
NEW YORK — Facebook, the social network that changed “friend” from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004. The Menlo Park, Calif.-based company expects to raise […]
Google gets more personal with search results
SAN FRANCISCO — Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information. The additional personal touches that began to roll out Tuesday mark another step toward one of Google’s most ambitious goals. The Internet search leader eventually hopes to know enough […]
Yahoo expands sharing of stories through Facebook
SAN FRANCISCO — Yahoo is deepening its connections with Facebook’s online social network. The latest bond announced late Tuesday will enable Facebook users to share more of their activities on Yahoo’s websites, including which stories they are reading. Yahoo Inc. introduced the Facebook-sharing option in its main new section three months ago. The same feature […]
Report: Facebook seeks $10 billion in IPO
NEW YORK — Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012. The Wall Street Journal is reporting that the world’s largest online social network is looking into raising as much as $10 billion in its IPO. The Journal cited […]
Facebook launches deals program, rivals Groupon
What happens when you cross the world’s largest social network with one of the hottest business models in e-commerce? Facebook wants to find out. Facebook is launching a deals program Tuesday in five U.S. cities, following on the popularity of Groupon and other services that offer deep discounts — for example: $50 worth of food […]
Report says Facebook nets $500 million investment
NEW YORK — A reported investment by Goldman Sachs and a Russian investor of $500 million in Facebook is a further sign that the social networking behemoth is becoming a powerful force even outside of tech circles, even as the company tries to push off going public as long as possible. The investment implies that […]
Does ‘Person of the Year’ do Mark Zuckerberg justice?
Years from now, when people look back at Facebook and Mark Zuckerberg, I think naming him Time Magazine’s “Person of the Year” will seem like an understated honor. Often when my eyes glaze over my Facebook news feed, I think about how many people are active users. As of the end of this year, more […]