zuckerberg

Senate approves immigration bill with increased H-1B visas

In a rare bipartisan effort, the U.S. Senate approved the immigration bill with a 68-32 vote on Thursday. This means the lobbying efforts put forth by Facebook, Microsoft, Google, and other major tech companies most likely made a difference.

The 1,200-page measure, dubbed the Border Security, Economic Opportunity and Immigration Modernization Act, which ultimately won the Senate's approval, calls for boosting security on the U.S.-Mexico border, helping immigrants that are currently in the U.S. illegally, and increasing H-1B visas to foreign workers.

It's the bit about H-1B visas that the tech companies were … Read more

Has Facebook morphed from innovator to serial copycat?

Facebook has recently been criticized for being uninspired, for basically redoing features from competitive products rather than adding truly innovative new elements to its platform.

Last week, for example, Instagram (which is owned by Facebook) rolled out a new 15-second video capture and sharing feature, which has been characterized as a response to Twitter's Vine and several other video-sharing apps that preceded it. Adding filters and image stabilization isn't groundbreaking, despite Instagram co-founder Kevin Systrom's view that taking some of the fuzzies and wobbles out of video is "completely mindboggling." No doubt, Instagram had to … Read more

Facebook looking to partner with Samsung?

During Facebook CEO Mark Zuckerberg's whirlwind Asia tour, he stopped by the offices of Samsung this week for a quick meeting with the company's president, Shin Jong Kyun.

After the meeting, Shin stopped to talk to reporters and said that the two discussed potential partnerships, according to Bloomberg. The partnerships would reportedly center on advancing mobile-advertising sales.

Facebook has been long pushing to boost advertising on mobile. In April, the social network debuted Facebook Home, which is a family of mobile apps and a social-networking-focused skin that runs over Android in smartphones like HTC's One and Samsung'… Read more

Facebook shareholders want to know how to use Facebook

Facebook's stockholder meeting showed off two kinds of Facebook investor: the type with sour grapes and the kind who's totally bewildered by the site. The latter proved more vocal, as CEO Mark Zuckerberg spent much of his time during the one-hour, question-and-answer session responding to rants from older stock owners stumped by how the social network works.

Tuesday, the 9-year-old company convened its shareholders at the Westin San Francisco Airport hotel for its first annual meeting with the mission to approve four business proposals. The proposals, including one to reelect the company's eight nominated board members, all … Read more

Facebook plans for Home switch in Android app

Facebook Home may have fallen flat among users initially, but CEO Mark Zuckerberg assured shareholders on Tuesday that he has big plans for the software suite.

He said the company will eventually distribute Home -- which blankets your mobile device with your News Feed -- through its Android app, once it's perfected.

"We haven't really made our big push yet ... biggest thing that we're going to do once we feel that we're ready is to encourage people who have the Facebook app to go turn this on from within the app," Zuckerberg said at … Read more

No evidence of NSA's 'direct access' to tech companies

Update, June 8 at 2:45 p.m. PT: In response to outcry over PRISM, the U.S. director of national intelligence has released some details. Among other things, he says the government "does not unilaterally obtain information from the servers of U.S. electronic communication service providers" and that PRISM-related activities are conducted "under court supervision." More here.

The National Security Agency has not obtained direct access to the systems of Apple, Google, Facebook, and other major Internet companies, CNET has learned.

Recent reports in The Washington Post and The Guardian claimed a classified program … Read more

Facebook CEO denies knowledge of NSA's PRISM program

Facebook Chief Executive Mark Zuckerberg said Friday that his company has never participated in a program to give any government direct access to its servers.

The categorical denial, posted to Facebook, comes a day after The Guardian and The Washington Post reported that the National Security Agency has backdoor access, through a secret program called PRISM, to nine major Internet companies including the social network.

"I want to respond personally to the outrageous press reports about PRISM," Zuckerberg wrote in a post published to his Facebook profile. "Facebook is not and has never been part of any … Read more

Eco-minded exec Musk leaves Zuckerberg's political group

Elon Musk, CEO of electric-car company Tesla Motors, has left a fledgling political action group founded by Facebook chief Mark Zuckerberg, after the group bankrolled ads that angered environmentalists and others.

Musk and former PayPal colleague David Sacks -- founder of Yammer, which helps companies set up in-house social networks -- left FWD.us on Friday, according to various reports.

The launch of FWD.us last month was accompanied by a Zuckerberg-penned opinion piece in the Washington Post that spelled out the group's goals, including: changes to U.S. immigration law, with an eye toward attracting and keeping talented … Read more

Instagram sale to Facebook made Jack Dorsey 'sad'

It's been well-chronicled that when Instagram was sold to Facebook last year, it spurned similar interest from Twitter, probably leading to bad blood between the two companies and a tit-for-tat series of feature shutdowns and one-upmanship.

But a new Vanity Fair story by AllThingsD co-founder Kara Swisher spells out in detail just how disappointed Twitter co-founder Jack Dorsey was upon learning that he'd lost out on the opportunity not just to buy Instagram, but to acquire the talents of the photo app's co-founder, Kevin Systrom, a friend.

Dorsey says the news was [hard] for him to take, … Read more

Will video ads supercharge Facebook's revenue engine?

Yahoo's Marissa Mayer describes her scheme for fueling company growth as a kind of chain reaction. It goes like this: great people leads to great products and increased ubiquity, which drives user growth and higher engagement, leading to higher advertiser spending and ultimately more revenue.

That chain reaction underlies almost every business offering free services dependent on advertising to pay the bills. Like Mayer, Facebook's Mark Zuckerberg is seeking ways to get his chain reaction into a higher gear. Last year, Facebook generated more than $5 billion in revenue, but spent more than $4.5 billion to produce … Read more