Facebook, Social Networking | featured news

Facebook was said to be in talks to hire Robert Gibbs, President Obama's former White House press secretary, for a senior role helping to manage the company's communications.

Matthew Rothenberg, the man who most believed ran Flickr for Yahoo!, announced his departure in a Tweet today.

Facebook will soon start testing a service to provide local discounts to its more than 500 million members, a move that will thrust the social network into direct competition with Groupon.

Last week, in our weekly report on the insanely hot Facebook stock trading going on behind the scenes on SecondMarket, I wrote the following: "Do I hear $75 billion next week?" I was sort of kidding.

We used to measure popularity in sales, but with the Facebook generation slowly taking over, it seems that “likes” are just as significant as dollars these days.

Say goodbye to the Share button because the Like button is taking over.

Long-form blogs were once the outlet of choice, but now sites like Facebook, Twitter and Tumblr are favored.

Zynga is close to raising as much as $500 million from a group of investors in a round of financing that could value the maker of CityVille, FarmVille and other popular Facebook games as high as $10 billion.

Kraft's Oreo brand tries to set the Guinness record for Facebook likes.