28 year old Facebook boss mark Zuckerberg is rumoured to be heading into the murky world of political lobbying - co-organised with Harvard roommate Joe Green. It is expected the group will primarily be advocating immigration reform.
Paul Ceglia - the man who tried to claim that he owned half of Facebook - was arrested on Friday and charged with mail and wire fraud that could see him spending 20 years behind bars.
With its stock price languishing, Facebook has announced that it won't be making a secondary offering of its shares, and that Mark Zuckerberg will hang on to his own for at least another year.
A security flaw in Facebook's image reporting tool has been blamed for the unauthorized viewing of private photos, including those belonging to site founder Mark Zuckerberg.
In a move to ward off attack from Google's G+ service, Facebook is expected to launch a new live-stream ticker service on Thursday which will show what users are watching and listening to on the web.
Yes folks, you read that right. It seems a Chinese sovereign fund has contacted Citibank and a former Facebook employ requesting help to purchase a not so "huge chunk" of the popular social networking site.