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On the Internet, the real winner of Tuesday night’s presidential debate may just be the phrase “binders full of women.” Mitt Romney’s sound bite quickly spawned its own Twitter account, Facebook page with more than 161,000 likes and countless online memes.

More than a billion people now log into Facebook each month to check up on old friends, tag photos of new ones and post about politics, religion, cats or what their kids are doing. That's double the 500 million it hit in July 2010 - what now seems like a lifetime but was a little more than two years ago. August 2008 marked another milestone, 100 million. The latest milestone also amounts to nearly half of the world's roughly 2.5 billion Internet users, as measured by the International Telecommunications Union.

Facebook is rolling out a feature that will let users give presents from their network profiles, marking the company’s first big step into offering physical goods. The new service goes way beyond the network’s old gift feature, which let you send virtual puppies and hearts. It’s more of a riff on the company’s ill-fated Deals service — which the company shuttered after four months — but with a twist.

Facebook Inc.'s stock took a hit Monday after an article in the financial magazine Barron's said it is "still too pricey" despite a sharp decline since its initial public offering.

An armed man with a military background took a hostage inside a downtown office building Friday and posted Facebook updates saying he had "lost everything" before his profile page was shut down.

Facebook Inc said it will start charging businesses to run Offers on its social network, turning a previously free service into a potential revenue generator at a time when Wall Street is demanding new sources of growth and profit from the company

Facebook Inc CEO Mark Zuckerberg might need to talk more often. A 30-minute appearance at a technology industry conference earlier this week has translated into $6.785 billion in additional market valuation for his company.

Tech investors are sidling up to the bar again after the "Facebook hangover," only this time they are minding their P's and Q's. "In a sense, the tech IPOs are back," said Francis Gaskins, president of IPODesktop.com. Only seven tech or Internet companies have gone public since Facebook's IPO; by comparison, Gaskins said now there are 20 technology companies in the IPO pipeline. The difference is that the offerings are smaller and priced to lure institutional investors rather than emotion-driven retail investors.

Facebook Inc CEO Mark Zuckerberg soothed investors in his first major public appearance since the No. 1 social network's rocky May IPO, breathing life into its struggling shares after hinting at new growth areas from mobile to search.

Facebook shares scraped a new low
Tuesday. The new drag on the already leaden stock:
Analysts from two of Facebook’s largest
underwriters on its botched initial public
stock offering cut their price targets.