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Mark Zuckerberg cashes in as Facebook offers new shares

Facebook founder, Mark Zuckerberg, plans to cash in $US2.3 billion worth of shares as part of a new share offering by the huge social network. A Facebook report said the company plans to sell 70 million shares in a follow-on offering to the huge initial public offering in May 2012. Of the total amount, Zuckerberg […]

Google+ launches new photo features. #Google+

Google is unveiled new tools that automatically edit images posted on its social network in an attempt to pull users from other social sites. Many of the 18 or so new features revealed this week rely on technology designed to identify the photos and videos that might be more relevant to the individual users of […]

Yahoo acquires image recognition startup ‘LookFlow’ to improve search and discovery in Flickr. #flickr #yahoo #lookflow

Yahoo! this week acquired startup company LookFlow, who were developing new ways for people to find, collect and share content they have an interest in. The company used state-of-the-art artificial intelligence technology to deliver what it called “a revolution in online search and discovery.” In other words, Yahoo is interested in LookFlow’s machine learning algorithms. Since […]

Millions of Facebook users were unable to log on to the social network due to an outage. #facebook #socialnetwork

On Monday, several Facebook users received an error messages when trying to log on to the social networking site. Some people were able to log on to the site but found they were unable to post a status update, instead receiving another error message. Many headed to Twitter to sound their frustration. “Thank God we have Twitter so […]