Facebook has announced plans to acquire Instagram, a photo-sharing app for mobile devices, for approximately US$1 billion.

Facebook has added a trove of IBM patents to its arsenal on an increasingly lawsuit-strewn technology battlefield.

Facebook has filed for an initial public offering that could value the social network between US$75 billion and US$100 billion, putting the company on track for one of the biggest US stock-market debuts of all time.

Facebook will begin the process of becoming a publicly-listed company this week, valuing the social networking site at between US$75 billion and US$100 billion, reports suggest.

"Our industry moves fast and changes faster. And so the way we communicate with our customers must change in equally speedy ways..."

Facebook is in no hurry to go public or to get into China, where it is officially blocked, according to Mark Zuckerberg, the founder of the social networking giant.

The solar power system Facebook Inc. plans for its new Menlo Park headquarters won't just supply electricity. It'll heat water for the showers, too. And maybe help clean dishes in the cafe.

Google's head of social had some sharp words for Facebook while speaking Wednesday at a tech conference, where Google co-founder Sergey Brin also showed up as a surprise guest.

Google's Facebook competitor Google+ grew to 10 million users in just two weeks, the company announced Thursday.

Online search giant Google has launched a new social networking website in its latest attempt to take on Facebook, which now claims more than 500m users.

Considering these are the two most popular services for the Generation Y, on one of the most popular smartphones on the market, the new applications and upcoming features have been long awaited.

A study has found that managing your Facebook account leads to stress and anxiety, with many even saying the negative psychological effects outweigh the benefits of staying in touch through the site...Maybe you should hold off buying one of those Facebook phones after all.

The phones are built for people who use Facebook as their primary means of communication, according to INQ. The home screen comes with a feed for seeing friends' updates, pictures, videos and web pages.

it's being said that the first Facebook phones will be built by HTC, just like how the first Android phones were made by HTC...the HTC-sourced smartphones will "run a modified build of Google's Android operating system that will display information from a user's Facebook account on the home screen." So, it's like HTC Sense or Samsung TouchWiz... only with Walls, Pokes, and FarmVilles.

Just more than a week after Goldman Sachs offered its most prized clients a chance to invest in Facebook, the firm on Monday withdrew the opportunity from clients in the US because of worries that the deal could run afoul of securities regulations.

Facebook has told investors in a US$2 billion fundraising that its stock-exchange listing could come as early as April 2012, setting the stage for one of the most highly anticipated initial public offerings in recent years.

Interest in shares of Facebook is so strong that Goldman Sachs plans to stop soliciting interest from potential investors on Thursday, after the securities firm received orders worth several billion dollars.

Did TIME cave in to political pressure? I neither know nor care. What I do know is that this year's choice is simply ludicrous.

The billionaire founder of social network Facebook has agreed to give the majority of his wealth to charity, part of a broader group of rich entrepreneurs committing to philanthropy earlier in their lives. Mark Zuckerberg has signed onto the "Giving Pledge," which asks its signatories to commit publicly to give away the majority of their wealth.

Confusing headline? it's about a new social network idea.

Facebook is reportedly working with INQ Mobile, a mobile-handset manufacturer, on two smartphones that may be carried by AT&T.

Facebook denied a story published this weekend that says the company is "building a mobile phone," but CNET has confirmed that the social-networking giant has reached out to hardware manufacturers and carriers seeking input on a potential Facebook-branded phone.

Half a billion people around the world are now using Facebook on a monthly basis. That means Facebook has a slightly smaller population than the continent of North America. The social network also has enough users to put 75 people on every one of the over 6.6 million square miles of Russia, the largest country in the world by landmass.