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Facebook overtakes Microsoft in UK

Facebook has overtaken Microsoft's portfolio of sites to become the second most visited online...Facebook recorded its highest ever number of visitors last month at 26.8 million, after growing 0 ... April. Google still dwarfed Facebook and Microsoft, receiving 33.9m unique UK visitors in May, up 0 ... years ago, this group may have found itself out of place on these sites; now, on Facebook, for example ...

Facebook valued at $104bn

Facebook has priced its shares at $38 (£24) as it begins its stock market flotation, valuing...Facebook is offering about 421 million shares of its common stock at this price. Following high demand from investors, Facebook announced earlier this week that it would be selling 25% more shares than ... , where last night staff staged one of its all night 'hackathons'. This valuation means that Facebook ...

UK Radioplayer launches on Facebook

UK Radioplayer, the joint industry online player, has launched its service on Facebook for users.... There are now more than 250 stations available, many of which have fan and group pages on Facebook already. Facebook Radioplayer app users can receive recommendations based on their friends listening habits ... with the commercial stations will be visible on the player within Facebook. It was created as a research project ...

Facebook revenues reach £1bn

Facebook's first half year revenue has reportedly almost doubled to $1.6bn (£1bn)....Net income for the half of the year was almost $500m, according to Reuters . Facebook does ... to potential investors from Mark Zuckerberg revealed Facebook had generated revenue of $1.2bn ( 780m) and net income of $335m ( 217m) in the first nine months of 2010. The letter came one week after Facebook ...

Facebook finally launches iPad app

Facebook has taken the wraps off its long-awaited app for the iPad, extending its presence...'s App Store within weeks. Last month, former Facebook engineer Jeff Verkoeyen, who had been working ... on the completed app since May. Facebook's iPhone app is the most downloaded iPhone app to date and with mobile ... currently access the site on the iPad via third-party apps such as MyPad and Facely HD. Facebook ...

Facebook halts employee stock sale

LONDON - Facebook is reportedly shelving plans to allow employees to sell some of their shares...In August, at a time when Facebook was valued at around $15bn ( 10bn), Facebook proposed letting employees sell a proportion of their shares. However, Facebook chief executive Mark Zuckerberg reportedly ... -table for an employee stock sale program." Last year, Microsoft took a $240m ( 164m) stake in Facebook for a reported 1 ...

Facebook UK posts a profit

LONDON - Social network Facebook made a paper pre-tax profit of £439,422 in its first 17 months...More than 90% of Facebook's 4.7m UK turnover, which the firm said was "attributable to the USA", was swallowed up by operating costs following its launch in the UK, according to the company's first full ... joined from Yahoo, where he was commercial director. A Facebook statement said: "In keeping with legal ...

Facebook readies Sponsored Stories ads

Facebook is expanding its Sponsored Story ad format, which will gradually introduce social ads..." and will be clearly marked, according to a Facebook spokeswoman. She said the ads will respect all privacy settings ... , Facebook's specialist marketing and technology agency, the increased effectiveness of Sponsored Stories played a key part in driving up click-through rates for Facebook ads by 18.5% between the second ...

Washington Post chief joins Facebook

LONDON - Social networking site Facebook has turned to The Washington Post's chief executive Don...of the Washington Post Company, has agreed to join Facebook's board of directors from the start of 2009. Since its launch in February 2004, Facebook has played a major part in the evolving digital landscape of web 2 ... board means that Facebook will benefit from this insight and experience." In the UK, Facebook ...

Is Facebook Messages the future of email?

As Facebook founder Mark Zuckerberg blasts traditional email as "too formal", Media Week reports...It didn t take long for Mark Zuckerberg s unveiling of Facebook's "seamless messaging" service ... Facebook against internet giant Google than any outright challenge. Zuckerberg said: "This ... was among those wondering whether Facebook's upgrade could be a game-changer, citing research group Gartner ...

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