Facebook says it now has more than 1 billion people logging in each month. It's a rapid growth for a service that began in a Harvard dorm room less than nine years ago.
This week, Facebook launched a new app for iPhones and iPads, while the federal government clears the company's deal to buy Instagram. Here are some key developments in the eight years since Facebook Inc.'s creation:
Facebook's early investors and a handful of directors will become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that will give many Facebook employees the same right to sell their shares this fall.
It's showtime for Facebook. Call it the second act after its rocky initial public offering two months ago. On Thursday, the company will take the spotlight once again for its first earnings report as a public company.
In naming its new CEO, Yahoo became the latest tech company to lure top executives from Google. Here's a look at a few of them over the years:
In naming its new CEO, Yahoo became the latest tech company to lure top executives from Google. Here's a look at a few of them over the years:
Facebook's No. 2 executive, Sheryl Sandberg, has become the first woman on the social-networking company's board of directors.
Facebook has named its No. 2 executive, Chief Operating Officer Sheryl Sandberg, to its board of directors. She is the first woman on Facebook's board and the first executive other than founder and CEO Mark Zuckerberg.
Moody's Investor Service on Monday cut its credit ratings on 28 Spanish banks, saying the weakening financial condition of Spain's government is making it more difficult for that country to support its lenders.
