zuckerberg

Facebook has denied reports that Facebook plans to establish a research center in Moscow instead of luring Russian programmers to the U.S.

A company spokesperson told CNET that while the company is interested in Russia, it had no plans to expand operations into Russia at this time.

The news, reported by the Associated Press, was based on a tweet that may have been lost in translation. The tweet came from Russian communications minister Nikolay Nikiforov, who was commenting on Facebook CEO Mark Zuckerberg's visit to Russian today.

"U @ MedvedevRussia agreed with Zuckerberg, it is more profitable to … Read more

Facebook's co-founder and CEO Mark Zuckerberg and Russia's Prime Minister Dmitry Medvedev have a lot in common. They are both elite tech enthusiasts with large populations who they serve. The two met in Moscow Monday to discuss their mutual interest in tech innovation and Facebook's presence in the region.

Medvedev is hoping to create the equivalent of Silicon Valley in his country, and Zuckerberg would like to see Facebook compete better against the Russian language incumbent social network, VKontakte. Facebook has fewer than 10 million of its nearly 1 billion … Read more

Facebook CEO Mark Zuckerberg is headed to Russia next week to meet with a billionaire who is developing a Silicon Valley-like business park near Moscow, The Wall Street Journal reported today.

In addition to visiting "billionaire industrialist" Viktor Vekselberg and the Skolkovo Innovation Center just outside Moscow, Zuckerberg will meet with Prime Minister Dmitry Medvedev, a Skolkovo Innovation Center representative told the Journal. A Facebook spokesperson confirmed to CNET that Zuckerberg is indeed planning to visit Russia.

Vekselberg heads the Skolkovo Foundation, which aims to develop a high-tech complex that will draw top tech talent to Russia, and … Read more

Looks like the Facebook pessimism has returned.

Shares of Facebook, which have been on a tear since CEO Mark Zuckerberg sought to calm Wall Street during an in an interview at TechCrunch Disrupt less than two weeks ago, are getting slammed today. The stock fell more than 10 percent at one point and triggered the SEC's short-sale restriction, which is designed to keep short-sellers from battering the stock even further. Shares closed down more than 9 percent at $20.75.

Why the sudden change of heart? The broader market is taking a hit, which of course doesn't help. … Read more

No other company in the world holds as much personal data as Facebook, which puts it in an ideal position to cull data from your friends and friends-of-friends, and even those you don't know, to bring you answers to your deepest questions. Such as, "What sushi restaurants have my friends gone to in New York in the last six months and Liked?"

Ok, maybe that's not your deepest questions, but it's the example that Facebook CEO Mark Zuckerberg used during an interview at the TechCrunch Disrupt SF conference earlier this month when he was talking … Read more

With Facebook's stock price crashing and employee morale sinking, Facebook CEO Mark Zuckerberg stepped up and delivered a home run he would never have been able to hit even just a year ago.

As you may know, Zuckerberg has been under fire the last few months for Facebook's plummeting stock price. A darling of Wall Street before its IPO, Facebook fell to half its IPO price in just a few months. As a result, a growing chorus of critics have called for new leadership at Facebook. Some have even called for Zuckerberg himself to resign.

While I've … Read more

Wall Street is reacting positively this morning to comments made by Facebook CEO Mark Zuckerberg yesterday as he tried to rally investors upset over the stock's recent nosedive.

As of morning trading, the stock has risen almost 6 percent, hovering at around $20.50. That's little more than a $1 dollar gain from yesterday. But it's still a hopeful and welcome change from the recent performance, which saw the stock drop below $18 a share last month from its initial IPO price of $38. The shares also were already up more than 3 percent yesterday in after-hours … Read more

HTML5 fans got a very large splash of very cold water in their faces yesterday.

Facebook has been a big fan of building mobile apps using HTML5 and related Web standards, but no less than founder and Chief Executive Mark Zuckerberg called Facebook's HTML5 app "one of the biggest mistakes if not the biggest strategic mistake that we made."

Those are powerfully damning words, and many developers will likely take them to heart given Facebook's cred in the programming world.

But there are subtleties here -- not an easy thing for those who see the world … Read more

SAN FRANCISCO -- An energetic Mark Zuckerberg addressed a rapt crowd at the TechCrunch Disrupt conference here. The 28-year-old CEO wore his traditional gray T-shirt and sat on the edge of his chair as TechCrunch co-founder and angel investor Michael Arrington fired questions at him, starting with the botched IPO. Zuckerberg powered his way through the conversation, talking fast and confidently about the opportunities that lie ahead for Facebook and its investors.

While the hall was packed with techies and Zuckerberg had the hometown advantage, he clearly knew that he was talking to Wall Street -- and, by default, all … Read more