Many Facebook users post photos of new big-ticket purchases such as houses, boats, and cars. Unfortunately, some of those Facebook users are being less than truthful with credit bureaus and other financial firms about their incomes and assets. And those companies are starting to examine Facebook more closely, Bloomberg reports.
Facebook’s transition to a mobile-first company continued with great speed during the first quarter of 2013, as the social network reported that 30 percent of its total advertising revenue during the period came from mobile, up from 23 percent in the fourth quarter of 2012.
Facebook Chief Operating Officer Sheryl Sandberg was able to get a scheduled April 23 deposition in a civil suit against seven technology companies delayed until May 21 or 23, and now she is trying to get it quashed altogether.
Facebook’s Chief Operating Officer, Sheryl Sandberg, may take the stand in an antitrust lawsuit stemming from her days as Google’s Vice President of Global Sales and Operations. Google, Intuit, Apple, Intel, Adobe, Pixar, and Lucasfilm are the subject of a civil suit. The companies are criticized for allegedly keeping wages lower by agreeing not to poach employees from each other.
Social commerce platform Payvment is shuttering its Facebook storefront business, but its clients will not be left in the cold, as the company reached an agreement with Facebook storefront provider Ecwid to allow Payvment users to transfer their stores to the Ecwid platform.
Facebook and seven other companies filed an amicus brief with the U.S. State Court of Appeals for the Federal Circuit Friday, contending that patents should not be awarded simply for combining abstract ideas with phrases such as “on a computer” or “over the Internet.”
Intuit is extending its web storefront business, SimpleStore, onto Facebook.