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Russian firm invests $200M in Facebook

May. 26, 2009
Facebook said Tuesday it had received a $200 million investment from a Russian firm, an amount that implied a value of $10 billion for the social networking giant. The investment gives Digital Sky Technologies a nearly 2 percent stake in Facebook, a company...
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Russian firm invests in Facebook

PALO ALTO, Calif., May 26 (UPI) -- U.S. Internet giant Facebook said a Russian firm, Digital Sky Technologies, has purchased 1.96 percent of the company for $200 million.

Older Americans joining Facebook

WASHINGTON, April 13 (UPI) -- The online social networking site Facebook is growing in popularity among older Americans, a U.S. researcher says.

Arabic version of Facebook debuts

PALO ALTO, Calif., March 11 (UPI) -- Arabic and Hebrew versions of the popular social networking Web site, Facebook, are now available, the Palo Alto, Calif.-based company has announced.

Facebook axes 'dead babies' group

LONDON, Nov. 6 (UPI) -- Social networking Web site Facebook has removed a group titled "Dead Babies Make Me Laugh" after protests from mothers in Britain who had lost children.

Control underlies Internet disconnect

MOUNTAIN VIEW, Calif., June 3 (UPI) -- The rift between two California high-tech giants, Facebook and Google, is about control of Internet users, industry analysts said.

Muslim cleric decries Facebook

RIYADH, Saudi Arabia, March 31 (UPI) -- A Saudi woman's alleged death at her father's hands has been cited by a Muslim cleric in his criticism of the Internet social networking site Facebook.

Teens give up Facebook for lent

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Scrabble, Facebook face off

LONDON, Jan. 16 (UPI) -- A face-off between old-school Scrabble and high-tech Facebook could spell the demise of a popular diversion for millions of game players worldwide.

Microsoft said eyeing 5 pct Facebook buy

PALO ALTO, Calif., Sept. 24 (UPI) -- Microsoft Corp. is talking with Facebook Inc. about buying 5 percent of the U.S. social-networking Web site for up to $500 million, a report said Monday.

Facebook spawns new boy band

LONDON, July 22 (UPI) -- The social networking Web site Facebook has a new claim to fame -- the creation of its first "boy band," a British quartet of classical musicians.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler