Peter Thiel has offloaded a large portion of his shares in Facebook.
Latest from Suzanne Tindal
Yahoo and Facebook have buried the patents hatchet, and have plans to increase collaboration on ads.
Salesforce and Twitter have announced today a global alliance that will see Twitter push out its 400 million public tweets a day to Salesforce's Radian6 customers.
Facebook wasn't trying to net and monetise a large user base with its Instagram buy, according to analysts, but rather was making a strategic acquisition to keep competitors at bay and ensure that it remains at the heart of social media.
What does a retail giant, an insurance company, a gambling powerhouse, an audit firm and a charity have in common? They're all on Yammer, a private social-networking tool for enterprise that can connect via APIs to company systems.
Engineers Australia is currently thinking about how it can use social media to make the information it manages more accessible for its 100,000 members.
The Commonwealth Bank (CBA) has given in to Finance Sector Union demands that it change its social media policy, after complaints that the document was too restrictive on employees.
Salesforce and Toyota have announced that they have formed a strategic alliance to create "Toyota Friend", a private social network for cars based on Salesforce's Chatter.
Salesforce.com last week made its Chatter social-networking tool available to every business, not just its customers, for free. It even took valuable advertising spots at the Superbowl to spruik it.
Telstra has signed on to offer free, faster access to Facebook on mobile phones using its new mobile site 0.facebook.com.