Mark Zuckerberg | featured news

Facebook went public just about a month ago, and on Friday the Securities & Exchange Commission released its correspondence with the social network in the months between its initial filing and the May 18 IPO.

When Mark Zuckerberg wrote about creating a hacker-friendly company in the letter attached to Facebook’s IPO filing last year, he meant it–in more ways that one. Facebook has paid out more than $300,000 to hackers that reveal bugs in the site and help to fix them, according to Ryan McGeehan, the head of Facebook’s security response team. In a post to questions-and-answers site Quora earlier this month, McGeehan wrote that the company’s bug bounty program, which typically pays hackers around $1,000 for each vulnerability they disclose to Facebook’s security team, has paid out rewards to 131 researchers in 27 countries since it launched in July of last year, and has even hired one of those hackers as a summer intern.

Mark Zuckerberg was not kidding about Facebook’s hacker culture. The night before the chartbusting initial public stock offering, engineers won’t be counting their Facebook dollars. They’ll be doing what they have always done: Hack. Facebook will pull an all-night hackathon that will end when Zuckerberg rings the Nasdaq’s opening bell from Facebook’s Menlo Park campus.

Facebook Inc CEO Mark Zuckerberg on Friday laid out his 2012 goals to investors on the Silicon Valley leg of his IPO roadshow, saying his first priority was improving the social network's mobile application.

Facebook has raked in billions and will make a splash when its stock hits the open market next week. So, what are folks on Wall Street concerned about? Mark Zuckerberg's hoodie, apparently.

Facebook’s attorneys squared off Wednesday with the legal team of Paul Ceglia, a New York man who says that a 2003 contract proves he should own at least half of Facebook. Ceglia, for whom Facebook co-founder Mark Zuckerberg did some work while at Harvard University, says he has a contract granting him at least half the ownership of Facebook. Facebook has denied the claim, saying that the contract and several other documents Ceglia provided are faked. The company subsequently filed to dismiss the suit last month.

In August, Ms. Zuckerberg, 29, quit her job at Facebook, where she had been among the first two dozen people hired. Most recently, she was the director of marketing. In its early days, Ms. Zuckerberg was a buoyant presence, representing her reticent brother to an eager press. Later, she earned attention (not always favorable) singing at company functions with a band composed of colleagues. And she came up with the idea for Facebook Live, the social network’s video channel, which has featured interviews conducted by Facebook executives with Oprah Winfrey and President Obama. Now Ms. Zuckerberg has started her own business, R to Z Media, to help companies take advantage of social media.

Speaking to reporters on Thursday, Facebook’s CEO Mark Zuckerberg said that the social network has plans to “launch something awesome” next week. There’s no official word on what will be announced, but we suspect it’s going to be the new iPhone photo-sharing service that we saw just last week.

Cameron and Tyler Winklevoss, Harvard University classmates and former business partners of Facebook founder Mark Zuckerberg, have decided not to further appeal a settlement in their long-running dispute over the origins of Facebook.

Mark Zuckerberg is eyeing the takeover of the much popular Skype, in a deal that might cost Facebook close to $4 billion.