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When Facebook was founded in 2004, it was meant to be a way for college students to connect with the friends that they had left who had gone to other colleges, however it has become an insane social tool that everyone (including my parents) …

Facebook announced yesterday that it had won a lawsuit and $711 million in damages from internet spammer, Sanford Wallace. The social networking site sued him after he spammed the site and would not stop.
Facebook claimed that Wallace was able to get into users’ accounts and …

The 2009 Tribalization of Business Survey conducted by Deloitte, Beeline Labs in conjunction with the Society for New Communications Research came out recently that said that 94% of companies want to keep up with their social networking efforts or even invest more into them. There …

Facebook has been operating in the red since the beginning of the company just a handful of years ago. Today it was reported that the company is finally beginning to have profitable operations and that according to CEO Mark Zuckerberg, the company is now cash …

While the social networking site MySpace has begun to see its numbers slip and users go on “extended vacations” from the site, Facebook is seeing a spike in users and is now looking to hire 50% more employees sometime in the near future.
Facebook CEO Mark …