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Facebook’s Stock surge – CEO Mark Zuckerberg Now Ninth Wealthiest in the World

Facebook’s stock hit another all-time high Tuesday — just shy of $100. The social media giant’s shares are up 25% this year … and more than 160% from their 2012 initial public offering price. Facebook is now worth an astonishing $275 billion. So there are a lot of happy Facebook investors out there. But of … Continue reading

New: Facebook is Turning its Fan Pages into Online Malls

Facebook is testing a way to become a virtual shopping mall. To do this, the social network will help businesses transform their Facebook pages into e-commerce sites. A retailer, for example, could list and sell products directly through its Facebook page. People who visit the page would be able to browse, shop and pay without … Continue reading

Facebook Launches New Streamlined Look For Pages

A Streamlined Look for Pages This week, we’ll begin rolling out a streamlined look for Pages on desktop that will make it easier for people to find the information they want and help Page admins find the tools they use most. Here are the key features of the update: Updated Page timeline design The right-side … Continue reading

Facebook Now Owns Instagram At A Cost of $1Billion

A picture is worth a thousand words, but a popular photo-sharing app is worth far more: Facebook announced it is purchasing Instagram for $1 billion. To put the sale in perspective, the Wall Street Journal’s Dennis K. Berman tweeted: “Remember this day. 551-day-old Instagram is worth $1 billion. 116-year-old New York Times Co.: $967 million.” … Continue reading

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