Posts Tagged ‘Mark Zuckerberg’

  • Facebook has confirmed that they have acquired Oculus VR for $2 billion.

    Facebook acquires Oculus VR for $2-billion

    March 26, 2014 • Gadgets and Gaming, Top StoriesComments Off

    Virtual reality systems maker Oculus VR has been creating a stir in the gaming and tech world since showing off their head-mounted virtual reality display, Oculus Rift at E3 in 2012. So much so, that technology giant Facebook has confirmed that they have...

  • Mark Zuckerberg, Facebook founder and CEO (image:

    Facebook buys WhatsApp for $16-billion

    February 20, 2014 • Online, Top StoriesComments Off

    In what is seen as the biggest deal ever for a venture-capital-backed startup, social media network Facebook has announced that it has reached an agreement to purchase messaging application WhatsApp for $16-billion – which includes $4-billion in cash and...

  • Egypt is the king of Facebook in Africa (image: Paradise of the World)

    Top 10 African countries on Facebook

    February 6, 2014 • Lists, Top StoriesComments Off

    Mega-social network Facebook celebrates their 10th birthday this week, and what started as a college social networking website in 2004, has mushroomed into the world’s largest online destination to connect with friends, family and acquaintances. “When I...

  • Despite reported loss of users within the teenage demographic, Facebook's growth continues - particularly in emerging markets. (Image source:Google/

    Facebook gaining not waning in Africa

    February 5, 2014 • East Africa, Features, Southern Africa, West AfricaComments Off

    This week marks the tenth anniversary of the inception of Mark Zuckerberg’s global social network giant Facebook. In October 2013 the Company reported financial results for the third quarter, which ended September 30, confirming its attraction of 728...

  • Mark Zuckerberg, Facebook founder and CEO (image:

    Facebook connects 728-million daily active users

    October 31, 2013 • OnlineComments Off

    Facebook, Inc. today reported financial results for the third quarter, which ended September 30, 2013. “For nearly ten years, Facebook has been on a mission to connect the world,” said Mark Zuckerberg, Facebook founder and CEO. “The strong...

  • Facebook posts $59 million net loss

    October 24, 2012 • OnlineComments Off

    Facebook, Inc. has reported financial results for the third quarter, which ended September 30, 2012. “As proud as I am that a billion people use Facebook each month, I’m also really happy that over 600 million people now share and connect on...

  • Facebook officially has 1-billion users

    October 4, 2012 • OnlineComments (1)

    The world’s largest social network, Facebook, celebrated a milestone by crossing over the one billion mark of people using the network to connect and communicate. “This morning, there are more than one billion people using Facebook actively each month. If...

  • Zuckerberg knocked off tech rich list

    August 15, 2012 • OnlineComments Off

    Once the golden boy of technology, Facebook founder Mark Zuckerberg found himself in unfamiliar territory last week. The creator of the world’s most popular social network site, with close to a billion users, was knocked off the world’s Top 10 richest...

  • Could Africa launch the next Facebook?

    June 8, 2012 • FeaturesComments (4)

    Recent market performance and rumblings aside, there are clear reasons why Facebook has attracted a global subscriber base of over 900 million people. What if Africa could do the same?   Those in the business of Internet development and applications...

  • Facebook, largest tech IPO in history

    May 18, 2012 • Top StoriesComments Off

    After much wrangling, social network website Facebook has priced its IPO at $38 per share, instantly turning it into the largest tech IPO in history, and only the third largest IPO in the United States ever. But traders wishing to buy shares in Facebook will...

  • Facebook buys Instagram

    April 10, 2012 • Gadgets and Gaming, Top StoriesComments (1)

    Social network website Facebook announced that they have entered into an agreement to buy fun photo-sharing app Instagram for approximately $1-billion (R7-billion). The news comes only weeks after Instagram launched an Android application, after being...

  • Winklevoss twins settle Facebook lawsuit

    June 23, 2011 • Top StoriesComments Off

    The Winklevoss twins, who helped Facebook founder Mark Zuckerberg start the very successful social networking site, decided to end their legal proceedings against their former classmate and business partner. The on-going legal battle was the basis and...

  • Facebook settlement upheld

    April 12, 2011 • Top StoriesComments (1)

    Mark Zuckerberg’s six year legal battle against former Harvard University schoolmates might finally be over, the Associated Press (AP) reports. The bitter dispute was dramatized in the Oscar-nominated film, “The Social Network.” The 9th US...

  • John McCain: Zuckerberg made North Africa revolutions possible

    March 4, 2011 • Mobile and Telecoms, Top StoriesComments (2)

    Mark Zuckerberg, the creator of Facebook, made the revolutions in North Africa possible, American Senator John McCain said at the Brookings Institute on Thursday after returning from a trip to the region. He added that Zuckerberg was the most popular person...