Anyone following the ill-fated lawsuit filed against Facebook and its co-founder and CEO, Mark Zuckerberg, by Paul Ceglia, who claimed to be the co-owner of the social network until the alleged contract his case was based on was deemed a fraud, had to wonder what Ceglia’s lawyers were thinking when they agreed to represent him, especially in light of the fact that several lawyers dropped the case at one time or another. Facebook apparently wondered the same thing, as the company filed suit against several of Ceglia’s lawyers, including those from DLA Piper, claiming that those lawyers and firms knew Ceglia’s claims were bogus but pursued the case in hopes of reaching a large settlement.
Facebook revealed in a Form D filing with the Securities and Exchange Commission Monday that it sold nearly $13.8 billion of equity in the company, without registration, as part of a merger, likely its acquisition of cross-platform messaging application WhatsApp, which closed earlier this month.
A quiet entry into the area of photo tagging was made over the weekend by none other than Microsoft, as VentureBeat discovered new Windows 8.1 application AutoTag ‘n Search My Photos, which is not available via the Microsoft Research downloads page, or via the Windows Store.
Trick or treat, smell my feet, give me something good to eat, and if you’re hosting a party for Halloween, be sure to use Facebook to get the word out.
More than $100 million in charitable donations have been generated during the past 12 months due to the integration of Facebook by JustGiving, Rosalind Holley, the social giving platform’s head of brand, wrote in a guest post for the Facebook Media blog.
Facebook debuted the first-ever ad backing its Messenger applications in a Facebook post by former PayPal president David Marcus, who joined the social network in June to lead its mobile messaging efforts.
The best time to reach someone with targeted advertising has nothing to do with the time of day or day of the week when it comes to gamers: Results were optimal when gamers were targeted during moments in game play when they experienced emotions related to rescue or reward, according to the latest research from mobile game ad platform MediaBrix.
Facebook chief operating officer Sheryl Sandberg reported in a Form 4 filing Friday with the Securities and Exchange Commission that the Sandberg-Goldberg Family Trust received 334 shares of Facebook class-A common stock from Technology Crossover Ventures, as one of its limited partners.