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NEW YORK — He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO. Facebook's chief executive turned 28 on Monday, setting in motion the social network's biggest week ever. The company is expected to start selling stock to the public for the first time and begin trading on the Nasdaq Stock Market on Friday. The IPO could value Facebook at nearly $100 billion, making it worth more than such iconic companies as Disney, Ford and Kraft Foods. AP P...
SAN FRANCISCO — Facebook and Yahoo have agreed to settle a patent dispute, averting a potentially lengthy battle over the technology running two of the Internet's most popular destinations. In dropping the lawsuits, the companies agreed Friday to license their patents to each other. They are also agreeing to an advertising alliance that expands their existing partnership. AP Photo/Paul Sakuma This combination of 2012 file photos shows the logos of Yahoo, left, and Facebook, outside their offices in Santa Clara, Calif. and M...
SAN FRANCISCO (AP) — Facebook unveiled a new messaging platform Monday that takes aim at one of the Internet's first applications, e-mail. Though CEO Mark Zuckerberg didn't go as far as declaring e-mail dead, he sees the four-decade-old technology as secondary to more seamless, faster ways of communicating such as text messages and chats. In other words, Facebook is betting that today's high school students are on to something. "We don't think a modern messaging system is going to be e-mail," Zuckerberg said at a special even...
When Apple introduced the iPhone, it shook up the cell phone business, but it also changed the way people play video games. About a quarter of the 100,000 applications that can be downloaded to the iPhone are games, ranging from the simple "Doodle Jump" to a version of "Grand Theft Auto." Now, with the looming launch of a tablet-style computer — already nicknamed the "iPhone on steroids," with a bigger screen that might have a place in the living room — Apple could pose an even tougher challenge to established players in the...
When Apple introduced the iPhone, it shook up the cell phone business, but it also changed the way people play video games. About a quarter of the 100,000 applications that can be downloaded to the iPhone are games, ranging from the simple "Doodle Jump" to a version of "Grand Theft Auto." Now, with the looming launch of a tablet-style computer — already nicknamed the "iPhone on steroids," with a bigger screen that might have a place in the living room — Apple could pose an even tougher challenge to established players in the...