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Facebook Inc shares sank as much 4.3 percent on Friday to set a new low, a day after early investors got the green light to sell for the first time. More than 270 million shares owned by the early investors became available for trade on Thursday after a 3-month curb on sales ended. That's more than one-half the 421 million shares sold in its initial public offering on May 18.

Facebook's stock price slide has raised doubts about Mark Zuckerberg's role as CEO. Some say he should hand the reins to a more seasoned executive. The deepening slide in  Facebook Inc.'s stock is fueling talk once considered implausible on Wall Street and in Silicon Valley.

Facebook's stock plunged to a new low Thursday after the expiration of a ban that had prevented some early investors and insiders from dumping millions of additional shares they own in the social-networking leader.

The Jamaican sprinter — who repeatedly claimed legendary status after his phenomenal performance Saturday — was the most-mentioned Olympian on both Facebook and Twitter during the London Games, beating out American swimmer Michael Phelps.

The Federal Trade Commission voted Friday to finalize its settlement with Facebook, resolving charges that the social network exposed details about users' lives without getting the required legal consent.

Kevin Systrom's smartest move was to sell Instagram to Facebook early, before having to deliver even an iota of revenue. My prediction is that we’ll look back on Facebook's acquisition of Instagram as a bust—much in the same way we now view News Corp.’s purchase of Myspace, AOL’s purchase of Bebo, and Excite@Home’s purchase of Blue Mountain Arts.

Electronic Arts Inc. has sued online game maker Zynga saying that its new game "The Ville" infringes its own game, "The Sims Social." EA said Friday that "The Ville" is "unmistakable" in its similarity to "The Sims Social," which launched more than a year earlier. EA says the games are "largely indistinguishable" to a casual observer.

...There’s also the issue that these mobile ads are completely new. Users don’t know any better and happen to click on them. However, over time (and probably pretty quickly), they will learn to avoid these new ads. When banner ads began in the 1990s, CTRs over 5% were common. They are currently 0.2 – 0.3%.