social networking

News

• Refund for some Facebook investors

  Morgan Stanley, the lead investment bank in Facebook's troubled initial public offering, will compensate retail investors who overpaid when they bought Facebook's stock in Friday's IPO, according to a source familiar with the matter.

• China's Sina Weibo targeting Japanese advertisers

  One of China's top Twitter-like sites, Sina Weibo, is working to attract Japanese companies to advertise on its platform by helping the firms open and use accounts on the microblogging service.

• Facebook beefs up mobile photo sharing with Camera

  Facebook introduced its own mobile photo app, Camera, on Thursday, bringing richer photo-sharing features to the platform even before the company closes its deal to acquire the popular photo-sharing app Instagram.

• Facebook used as terrorist tool: Expert

  Terrorist groups are using Facebook to recruit loners from Western countries like Australia to their cause and authorities are struggling to stop it, a leading counter-terrorism expert says.

• Facebook to settle class-action suit over Sponsored Stories

  Facebook is to settle a class-action lawsuit in California that accused it of appropriating its users' likenesses for its Sponsored Stories advertising feature, according to a court document filed Tuesday.

• Phones are distractions during catch-ups

  Sick of your friends tweeting during dinner or constantly texting on nights out?

• Facebook stock slumps for third day

  In its third day of trading, Facebook's stock is still in a slump, taking the shine off the frenzy that led up to the company's initial public offering (IPO) last week.

• Facebook vs Google: By the numbers

  With the world's largest social networking website, Facebook, going public it is quite obvious that comparisons with Google will crop up. We have collated some figures and here is a list of numbers comparing the two giants.

• Facebook shares sink below IPO price

  Facebook shares plunged nearly 11 per cent on Monday during the stock's first full day of trade as the enthusiasm from a massive public offering for the social network giant turned to scepticism.

• Unhappy diners are getting into a twitter

  In the age of social media, restaurants are learning that only a twit ignores an unhappy customer.

• IT service management going social

  IT professionals have to face the fact that social networking is no longer just the domain of families and friends trying to stay in touch with each other or businesses trying to reach out with enhanced customer intimacy. It is emerging as a potential killer app within IT teams striving for continual service improvement, collaborative effort and efficiencies in the way knowledge is retained and shared.

• Reports: Nasdaq admits technical bugs affected Facebook IPO trading

  Technical problems at the Nasdaq exchange affected the trading of Facebook shares on Friday, the much-anticipated day of its IPO (initial public offering), Robert Greifeld, chief executive of Nasdaq OMX Group Inc., told reporters on Sunday, according to published reports.

• Facebook buys mobile e-commerce app Karma

  The mobile gift-giving app Karma has announced it has been acquired by Facebook. The announcement came shortly after the markets closed on Facebook's first day as a publicly traded company.

• Facebook IPO stumbles out of the gate

  This probably isn't how Facebook envisioned its initial public offering would roll out.

• Road to IPO: Facebook milestones

  Some key developments in the eight years since Facebook Inc's creation: