PayPal co-founder Max Levchin believes Facebook could become the "most valuable company in the world." The company's executives want to see Facebook turn into the world's first trillion dollar company, but even if those rumors are false, I doubt anyone in Palo Alto is disagreeing with Levchin.
Emil Protalinski covers Facebook from all angles, closely watching it grow from its $50 billion valuation in 2010 to its internally stated goal of becoming the first trillion dollar company.
Emil is a freelance journalist writing for CNET and ZDNet. Over the years, he has covered the tech industry for multiple publications, including Ars Technica, Neowin, and TechSpot.
Facebook officials are making a point to remain silent about revolutions around the world where the service is being used as a tool by activists. Here's why this is a smart move.
19-year-old Corey C. Adams has not only pleaded guilty to rape, but has admitted solicitation to commit murder charges, after he tried using Facebook to get his victim "knocked off."
HTC has announced two unnoficial Facebook phones: the HTC Salsa and the HTC ChaCha. Both have a dedicated Facebook button that gives the user one-touch access to key functions of the service.
Gemalto has announced Facebook for SIM. The app allows anyone with a GSM phone to use the social network even if they do not have a data plan. All communication occurs via SMS messages.
KPCB has invested $38 million in Facebook, giving the social networking giant a $52 billion valuation. Less than a month ago, Facebook announced that it had raised $1.5 billion at a valuation of approximately $50 billion.