Social Networks

Sony Music, Universal Music and Warner Music on Thursday filed legal proceedings against VK, charging that the Russian social network operates a music service that deliberately facilitates widespread copyright infringement. VK operates an unlicensed music service involving a large collection of copy...

Twitter has bolstered its photo-sharing capabilities with the addition of two new features: the option to add up to four photos per tweet, and a function allowing users to tag up to 10 other people in a photo. Both features are designed to make photos more social. When a user shares multiple photos ...

Facebook has agreed to acquire Oculus VR, maker of the Oculus Rift virtual reality gaming hardware. Facebook will pay around $2 billion for the company. That figure includes $400 million in cash and 23.1 million shares of Facebook common stock, valued at $1.6 billion based on recent average trading ...

Alibaba is putting some skin in the mobile-messaging game with a $215 million investment in Tango. Mobile messaging apps are hot. Facebook recently scooped up WhatsApp for $19 billion, and Japanese e-commerce titan Rakuten recently acquired Viber for $900 million. Tango is a cross-platform app -- An...

The consumer privacy backlash stirred up by Facebook's recent deal to purchase WhatsApp for $19 billion is now in full swing. The Electronic Privacy Information Center and the Center for Digital Democracy jointly filed a complaint about the deal with the FTC. Following the announcement of the agreem...

Several members of Hollywood's elite walked out of the Dolby Theatre in Los Angeles clutching golden statues on Sunday, but it might have been Samsung that landed the largest victory at the event. Partway through the show, host Ellen DeGeneres stopped to capture the moment by using a Samsung phone t...

Facebook on Wednesday announced the acquisition of WhatsApp in a $19 billion deal geared toward increasing its global connectivity. The company paid $4 billion in cash, $12 billion worth of Facebook shares and an additional $3 billion in restricted stock to acquire WhatsApp. Facebook was drawn to th...

LinkedIn is making a fresh push into the original content market by opening up its publishing platform. The company until now allowed only selected "influencers" to use the service's long-form publishing tools to craft posts offering professional advice, insights and inspiration to other users. Such...

Twitter on Wednesday announced Q4 2013 revenue of $243 million, up 116 percent year over year, and a 30 percent YoY increase in average monthly active users. Wall Street reacted by sending its share prices down 21 percent, and analysts promptly downgraded the company. That could be because Twitter's...

This week in 2004, Harvard undergrads became the first group to use Facebook -- the social network launched at the college. Fast-forward a decade, and the company is a technology mammoth, with 1.23 billion users and profit of $1.5 billion for 2013. Facebook is by most accounts a gargantuan success...

Twitter has launched analytics for Twitter Cards to help users determine how well their media-rich tweets are performing on the network. Twitter Cards allow developers, brands and publishers to add photos, videos, deep links within their apps, content previews, and other rich media assets to their t...

Facebook on Monday announced its acquisition of Branch, which it plans to use in a new unit or product called "Facebook Conversations." Branch's model mimics an Internet forum in that the users create "branches" to discuss topics. Links are shared and friends are invited to participate. Participants...

Facebook and CEO Mark Zuckerberg are selling close to 70 million shares of Class A common stock, which carries one vote per share, in advance of the company's being listed on the S&P 500 index. Facebook will use its proceeds from the sale of 27 million shares for working capital and other genera...

Facebook has announced a new feature that allows users to donate money to nonprofit organizations through the site, a move designed to help raise both funds and global awareness for the charitable causes. Facebook was inspired to launch the donation feature following last month's successful partners...

Twitter reportedly is testing Nearby, a new timeline feature for its mobile app that displays tweets from people who are geographically close. Both the users viewing the tweets and those tweeting must have their location tagging option enabled for the feature to work. The Nearby service will display...