Zuckerberg is co-founder and chief executive officer of Facebook, the world's largest social-media site. Started in 2004, the site has more than 900 million monthly users and generated more than $3.7 billion in revenue in 2011. The company sold shares in an initial public offering May 17, 2012—the biggest technology IPO in history.
As Facebook Inc. explores a broader range of money-making businesses, such as video ads and music streaming, it will need to shake off the growing pains that marked its first quarters as a public company.
The richest people on the planet got even richer in 2012, adding $241 billion to their collective net worth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s 100 wealthiest individuals.
The 100 richest people on the planet limited their gains to $15.1 billion this week, according to the Bloomberg Billionaires Index, after a decline in global markets yesterday erased wealth created on better-than-forecast income and consumer spending data in the U.S.
Facebook Inc.’s Instagram photo service is scrapping proposed changes to its service terms after an outpouring of complaints that the company would use the policies to sell users’ images and information without consent.
Consider the straitjacket. It was invented in the early 18th century in France as a way to stop people with mental disorders from hurting themselves. It does its job well, but a person in a straitjacket also loses the ability to do many other things, particularly creative tasks that require typing, drawing, manipulating objects, and so on. Even the sanest of companies can unintentionally put themselves in a...
Facebook Inc.’s Instagram policy changes, announced yesterday, may let advertisers use teenagers’ photos for marketing, raising privacy and security concerns, said Jeffrey Chester, executive director for the Center for Digital Democracy.