U.S. federal investigators will probe Facebook’s planned $1 billion acquisition of the social photo-sharing network Instagram. Facebook has reportedly received a “second request” for information from the Federal Trade Commission, Reuters said Tuesday. Regulators will use the information to decide whether or not the purchase will infringe on U.S. antitrust laws. Facebook recently launched its own

It seems that an extended weekend didn’t do anything to cool the price dropping frenzy that is the Facebook stock. On the first trading day of the new week, shares of Facebook took another hit as it dropped a further to 9.62 percent or $3.07 to close out the day at $28.84. This means that

It appears that the Facebook acquisition of Face.com is down to just the nitty gritty, and the lawyers are in the process of hashing it out.

It definitely seems like Mark Zuckerberg and Facebook are on a buying spree as of late, and the latest acquisition target may be Face.com. Israeli start-up Face.com has been a popular rumored acquisition target of Facebook for some time, but nothing has ever come of it publicly. Now those rumors are heating up again thanks

Rumors that Facebook is actively developing a phone of its own are picking up steam again as the social network has hired multiple former Apple engineers recently.

At this point, is there any doubt that the Facebook IPO was an epic failure? Not even a little bit, says Bloomberg BusinessWeek. That ginormous 13 percent drop over its inaugural 5 days of trading qualifies it as the worst-performing IPO of the last 10 years. This should’ve been a glorious time for the social

If you’ve ever doubted that men use Pinterest, here’s proof positive below, taken from Buzzfeed’s “39 Ways Men Use Pinterest.” According to this collection, what they’re using it for isn’t too much of a surprise. The male users called out here are married and have a wish list a mile long about foods they want

Recently ponying up $1 billion to buy Instagram and finally going public, Facebook seems to have a lot going on. The latest rumor surrounding the apex social network is that it may be looking to get into the web browsing business. In addition to this claim, the going word is that the house that Zuckerberg

Facebook surprised the world today by announcing its own camera app. It has filters, editing options and everything you love/hate about the social network, including the ability to tag, like and comment on photos. It’s kinda cool, but also kinda like Instagram, which Facebook recently purchased for $1 billion. That aside, we’re here to take

Facebook is joining the grossly overexposed crowd of iOS camera apps. The company on Thursday announced a new application called Facebook Camera, which “puts photos [at] the center of the [Facebook] experience.” Oh, and it offers 15 filters. Just don’t call it Instagram! Basically, Facebook Camera lets you capture, edit and upload photos to the

What do you do when your stock has a rough start on the NASDAQ? You look into switching stock markets, of course. While the NASDAQ stock exchange is known for being heavy with tech stocks, it appears that the technology that powers it could be causing them some business.  When the Facebook stock went live

In its third day of trading, things definitely did not improve for Facebook as its stock lost even more ground over its opening price. Facebook lost yet another 8.9% or $3.03 to close at an even $31.  At this point it seems hard to remember that within its first few seconds of trading to the

U.S. regulators are prepared to probe allegations that Morgan Stanley published negative information about Facebook ahead of the social network’s initial public offering last week. The news could have resulted in a greater number of companies deciding to sell off stock — or not invest in the company at all. A Morgan Stanley analyst reportedly

The stock market wasn’t too kind to Facebook in its second day on the NASDAQ. Things didn’t go so well for Facebook on its first day of trading last Friday. From sales starting late due to software issues to closing out trading with barely any gains, it was not an auspicious start for one of

The popular music streaming service Spotify is now available to our friends down under in Australia and in New Zealand. I’m madly in love with Spotify’s service — particularly its premium option, which costs $9.99 per month and allows me to stream tunes on my phone and store it offline — but it’s also great

You turned 28 on Monday. You listed your company in one of the largest IPOs in history on Friday. Why not cap the week by marrying your girlfriend of nearly a decade?

Facebook may have just gone public today, but that doesn’t mean it’s waiting around to keep business rolling. The social network just purchased Karma, the social gifting app. Announced on its official Karma blog today, Facebook has acquired the company founded just last year for an undisclosed purchase price.  From the sounds of it, Karma

Despite a ton of hype and anticipation, it is clear that no one walked away from the Facebook IPO with a wheelbarrow full of new money except for the staff of the company. With an IPO of $38, the Facebook stock opened to the public at essentially $43 – it was $42.05 for about a

While everyone at Facebook HQ should be celebrating the company launching its stock, the lawyers are busy facing down a new $15 billion dollar lawsuit. A total of 21 lawsuits from around the country have now been combined into one massive class action lawsuit with a value of $15 billion. According to Bloomberg, the paperwork

With the Facebook stock now officially trading, it’s time to play arm chair quarterback and tell us where you think it’s going. While we are certainly not stock experts around TechnoBuffalo, a couple of us are making predictions on where we think it will end up today: Jon Rettinger – $55 Todd Haselton – $75

Following a delay in the opening of the stock to public trading, Facebook opened up at $43 per share. Despite the price being announced as $38 a share, the institutional traders that got in on the early hours trading had already driven the price up to the $42.50 to $43.00 range. It’s going to be

How often do 28-year-old college dropouts get to list a company on a stock exchange? Seems like a good time to update your status! It’s a big week for Mark Zuckerberg. He turned 28 on Monday and he got to list his social network on the NASDAQ exchange this morning. Not only did he ring

Facebook is clearly sprinting toward the finish line, trying to monetize everything it can before the IPO. But that doesn’t mean it’s in a terrible spot right now. Nothing brings a point home like a good old infographic, so here’s one outlining some numbers and other fun Facebook trivia — like the fact that Zuck

Facebook has officially set its IPO at the high end of the range it announced the other day: $38 a share. At 11am EST on May 18, Facebook shares will be trading on the NASDAQ under the ticker symbol “FB.”  How much will that one share of your favorite social network going to set you

While everyone is talking about the prospects of the Facebook IPO launching this week, one thing that is weighing on a lot of potential investor’s minds is how the social network will make enough money to warrant the investment. Our own Jon Rettinger went on Fox Business yesterday to discuss this situation, and in what