Facebook's chief operating officer was in New York on Monday working to bolster investor confidence with assurances that the social network was intent on making money.
The horrendous stock market debut for Facebook suggests investors are not ready to jump in and create another tech bubble despite big expectations for social media, analysts say.
Rovio, the Finnish makers of the world's most-downloaded mobile app, "Angry Birds", will launch a new game called "Bad Piggies" on September 27, the company said Tuesday.
Facebook is testing a new advertising service that lets marketers drop more messages into users' news feeds.
Even as their company has lost nearly half its market value, Facebook executives have had little to say in public about the stock. Instead, they've talked up new ad programs and launched new features, including a beefed-up ...
The professional social media group LinkedIn reported better-than-expected results Thursday, giving some relief to a sector battered by disappointments from Facebook and others.
(AP)—Facebook's stock price fell Wednesday, the day employees were eligible to start selling restricted stock in the company.
Online US daily deals firm Groupon said Monday it had acquired the restaurant reservation company Savored for undisclosed terms.
After a dire stock market debut, Facebook has clawed back a large chunk of its losses as investors look past the flubbed initial public offering and gradually warm to the leading social network.
Japanese mobile phone operator Softbank is to acquire one of its smaller rivals, fourth-ranked eAccess Ltd, for $2.3 billion, the companies said Monday.