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Facebook

Facebook Gets A New CFO

June 29, 2009

Facebook quietly chose a new CFO today, months after getting rid of Gideon Yu, for not having enough ‘public company experience’. Former Genentech CFO David Ebersman was officially announced today as the man taking on the task of raising more money for the company and getting it ready to go public in the next 2-3 [...]

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Facebook Introduces Friend Lists In Chat

May 11, 2009

Facebook today launched Friend List, a useful way to organize and filter your chats on Facebook. Maybe you want to be online with your best friends but offline with your work colleagues. With Friend Lists, you can group friends to more easily share with and view information from specific sets of people. You already can [...]

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Facebook Now Looking For Money At $5-6B Valuation

April 30, 2009

According to the New York Post, Facebook has just held informal exploratory meetings with Providence Equity Partners, General Atlantic, Bain Capital, Kohlberg Kravis Roberts and others. The article cites Facebook to be looking for fresh capital at a $5 to $6 billion valuation, however no one is willing to shell out for more than a [...]

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Facebook Movie Coming True

March 31, 2009

Looks like things are actually moving forward with a film based on the early days at Facebook. Insiders at FB say that executives have been warning former employees not to talk to people involved with the making of the movie. Facebooker has already told the movie’s team that it was unwilling to cooperate in the [...]

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It’s Gonna Be OK People

March 25, 2009

Facebook says it will tweak its homepage in the coming weeks in direct response to user backlash over recent designs changes. The social network caved to customer feedback, since millions of users chimed in favoring the old Facebook 93%.
Chris Cox, Facebook Director of Product, posted a lengthy blog post Tuesday explaining features that are being [...]

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