Social networking site Facebook has closed a second $US60 million investment round with Hong Kong billionaire Li Ka-shing through his foundation, a source familiar with the deal confirmed on Thursday.
The source said the deal, which boosts Li’s holdings in Facebook to $US120 million, including an earlier $US60 million round late last year, is valued on […]
Facebook has about 67,000 million members. With the new “People You May Know” feature, the number of connections per member will skyrocket, extending the reach and stickiness of Facebook’s social graph.
People You May Know finds people within six degrees or so of separation and suggests them as potential friends. It appears that the threshold is […]
Facebook, the Internet social networking site, has suffered its first drop in British users in 17 months, according to data from web monitoring firm Nielsen Online.
The study said that since July 2006, Facebook had 17 successive monthly increases in Britain but while 8.9 million people here used the site in December 2007, 8.5 million visited […]