Facebook gives more details on mobile usage

(AP) -- Facebook's first-quarter net income fell 12 percent, weighed down by higher expenses even as its revenue soared, the social networking company said Monday, just a few weeks ahead of its expected initial public offering ...

Facebook Inc., whose initial public offering is slated to be one of the biggest debuts in U.S. stock market history, has disclosed its heavy reliance on a single customer - Zynga Inc.

Facebook served up nearly a third of the 1.11 trillion display ads delivered to US Internet users in the first three months of this year, industry tracker comScore said on Wednesday.

Facebook plans to wait until late next year before going public, the Financial Times reported on Wednesday.

Social network website Facebook, which has around 850 million users worldwide, went down in several mainly European countries on Wednesday for around two hours, users and the company said.

Facebook is in talks with former White House spokesman Robert Gibbs about taking a senior role in the company ahead of going public in early 2012, The New York Times reported Monday.

Iran is tightening control of the Internet ahead of next month's presidential election, mindful of violent street protests that social networkers inspired last time around over claims of fraud, users and ...

(AP)—Federal Reserve Chairman Ben Bernanke says pessimists who are forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

Yahoo Japan Corp. has said it suspects up to 22 million user IDs may have been stolen during an unauthorised attempt to access the administrative system of its Yahoo! Japan portal.

US authorities seized the accounts of a Bitcoin digital currency exchange operator, claiming it was functioning as an "unlicensed money service business," court documents showed Friday.

(AP)—Over the past two years, publishers have been steadily filling one of the largest gaps in the e-book catalogue—poetry.

Italian police on Friday arrested four alleged hackers believed to belong to the activist group Anonymous for attacking websites, including those of the Vatican and the parliament in Rome.