Peter Thiel, fhe PayPal co-founder, early Facebook investor and Founders Fund managing partner said there was a famous deal that did not happen and that luck has as much to do with success as anything. At SXSW this afternoon, the entrepreneur, venture capitalist, and contrarian thinker, told the story of the day Mark Zuckerberg decided [...]
For the Record, Facebook is Officially a Mobile Company
At the end of last year, Facebook officially became a mobile company, not a desktop one. For the first time in its history, the number of active daily users accessing the service on a mobile device exceeded the number that were checking the social network from their desktop computers. That’s a momentous shift — the company’s [...]
Facebook Launches New Privacy-Aware Super Search Feature
Facebook announced a new “graph search” feature on Tuesday that will answer all the questions that the social network’s newsfeed and timeline do not. “Today we’re going to take a little trip to our roots,” CEO Mark Zuckerberg said, in making the announcement. He described Facebook as a huge database before pointing out that “just like [...]
Mark Zuckerberg's Private Family Picture Leaked
Facebook’s ever-changing privacy settings are enough to confuse even mogul Mark Zuckerberg’s sister, Randi Zuckerberg. Randi Zuckerberg posted a photo of her family to her personal Facebook timeline, which shows the group standing around in a kitchen staring at their phones with their mouths agape, with Mark in the background. Little did Randi Zuckerberg [...]
Mark Zuckerberg Donates a Whopping $500 Million for Education and Health Improvements
Two years ago, Facebook co-founder Mark Zuckerberg signed The Giving Pledge, a public commitment to give away 50% of his wealth or more during his lifetime or upon his death. The young tech titan just took the next step toward meeting that pledge. On his Facebook page Tuesday, the $12.5 billion CEO announced that he and his [...]
Next?: Mark Zuckerberg Briefly Celebrates 1 Billion Facebook Users, Then Goes Back to Work
In 2004, Mark Zuckerberg launched Facebook (FB) from his Harvard University dorm room, hoping to see what his classmates were up to on campus. The following eight years brought international fame, unimaginable wealth, a hit Hollywood movie, a disastrous initial public offering, a sagging stock price—and one unprecedented achievement. On Sept. 14, the company reached [...]
When Mark Zuckerberg Spoke, Wall Street Listened
Facebook Inc CEO Mark Zuckerberg might need to talk more often. A 30-minute appearance at a technology industry conference earlier this week has translated into $6.785 billion in additional market valuation for his company. Facebook shares finished Friday’s regular trading session up 6.2 percent at $22 as Wall Street’s confidence in the company continued to [...]
Facebook Posts Big Loss After IPO
Facebook Inc. released its first earnings report since its May IPO, posting a net loss of $157 million, despite posting $1.18 billion in revenue, a 32 percent increase for the company. Executives for the newly public company explained the 8 cent per share loss as the result of stock compensation charges stemming from the IPO. [...]
Mark Zuckerberg’s College Roommate is Haiti’s Best Hope for Olympic Medal
PÉTIONVILLE, Haiti — The Haitian Olympic Committee occupies two floors of a three-story building at 48 Rue Clerveaux. On the ground level sits the Bouchara Café, a vacant space that once housed an international restaurant owned by secretary general Alain Jean Pierre. Up the tiled steps in Pierre’s office, two cracks, remnants of the 2010 [...]









