Facebook Has Acquired Messenger Service WhatsApp

Facebook has acquired the mobile messenger service WhatsApp for $19 billion. The company will pay $4 billion in cash and the remaining $12 billion in Facebook shares. It calls for an additional $3 billion in restricted stock units
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Diaspora Co-Founder, 22, Found Dead

Ilya Zhitomirskiy, one of the four founders of a new social network Diaspora, died last weekend in San Francisco at the age of 22. It is believed that he has committed suicide because of depression. Diaspora was billed as an alternative to Facebook, offering its users full control over (more...)

Moscow Is the Home Of Billionaires

Forbes magazine named more than 200 billionaires. Mexico's Carlos Slim has topped the rich list. His fortune rose by $20.5bn (£12.65bn) to $74bn, again beating Microsoft founder Bill Gates ($56bn) into second place. . Six billionaireson the lis are from Facebook, including Mark Zuckerberg, Sean Parker, investors Peter Thiel,Yuri Milner, co-founders (more...)

Facebook’s Mark Zuckerberg Is TIME’s Person Of 2010

Time magazine has named 26-year-old billionaire Mark Zuckerberg its Person of the Year for 2010. He is the second youngest person to ever hold the title. Charles Lindbergh, who won in 1927, was only 25. Facebook CEO Mark Zuckerberg talked to the magazine about himself, his company’s future, and that blockbuster movie (more...)

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