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Judge suggests Ceglia motions aim to stall Facebook case

The judge hearing pretrial motions in Paul Ceglia's lawsuit against Facebook suspects the man suing for half of the social-networking giant is trying to stall the legal proceedings and has suggested that further sanctions might be necessary as a result.

Federal Magistrate Leslie G. Foschio, of the U.S. District Court for the Western District of New York, sometimes used strong language today in explaining his reasons for dismissing five motions filed by Ceglia. The motions included requests to have expert testimony stricken and Facebook's attorneys disqualified from the case.

Foschio said the "complete dearth of any … Read more

Zuckerberg joins Pinterest rival The Fancy

Facebook CEO Mark Zuckerberg joined The Fancy this morning, piquing the interest of more than 100,000 followers by the late afternoon, Fast Company first noticed.

The site is known as a high-end competitor to Pinterest that has figured out how to integrate sales into its member's "fancy'd" images. Zuckerberg's first fancy'd item was an Extendo Library Shelving System, which is so fancy it's made in Italy.

This got us wondering: is Zuckerberg interested in more than collecting images of things he likes? The last time he joined a social network site like … Read more

Andrew Keen: 'Social media is killing our species'

Andrew Keen took on the unruly Internet with his provocative 2007 book, "Cult of Amateur -- How Today's Internet is Killing Our Culture." He advanced a thesis that mainstream media, copyrights, and the public trust are being compromised by the profusion of content on blogs, YouTube, and other venues. He described the situation as "ignorance meets egoism meets bad taste meets mob rule."

In his new book, "Digital Vertigo," Keen takes on Facebook and the social Web. He argues that the profusion of sharing online is "killing our species," dividing, diminishing, … Read more

The man who really knows what will happen with Facebook

He already knows who's going to win the election. He predicted the last one.

Just as he was right about the 2008 Super Bowl a full three days in advance.

So, with the tech world crumbling around its educated ears, my CNET handlers yanked at my dog collar and told me to talk to him. For the Amazing Kreskin would surely know what will happen with Facebook.

I called him. (I have most of the phone numbers of the rich and famous. Well, a couple.) And Kreskin has appeared with Jimmy Fallon (proof embedded here) so that counts as … Read more

Is Facebook building an iTunes/Google Play competitor?

Facebook isn't pressing the panic button as its stock price dipped below $30 this week, but investors are not showing much love for the company.

They want to know soon whether the honeymooning Mark Zuckerberg can turn Facebook's massive pool of personal data, and billions of user interactions per day, into a super-profitable business, like Google or Apple.

Zuckerberg seems to have a different near-term agenda, following Jeff Bezos' Amazon school of management -- attain dominant market share before profits. The formula is to focus on creating an extraordinary customer experience and sign up a few billion users, … Read more

Facebook's Saverin: 'No hard feelings' against Zuckerberg

Facebook co-founder Eduardo Saverin says he bears no resentment against Mark Zuckerberg for being forced out of the company and even goes so far to call the social network's CEO a "visionary."

"I have only good things to say about Mark, there are no hard feelings between us," Saverin said in an extensive interview with Brazilian publication Veja, according a Forbes translation. "He was a visionary, he always knew that the only way to get Facebook to grow was to maintain its central idea, that of people truly presenting themselves as they are, without … Read more

The 404 1,060: Where we break through the clusterzuck (podcast)

Now that the Internet isn't flooded with Facebook IPO news, we can move on to more breaking news, like Hollywood finally answering our prayers for a Hook prequel that tells the Rufio origin story.

That's right, the original actor who played Rufio, Dante Basco, recently announced in an interview that a Rufio prequel film is in the works under the directing eye of Rpin Suwannath. Maybe we'll finally get to the bottom of how he got those fabulous red tights.… Read more

The latest mess in Facebook's IPO

In today's show, Facebook shareholders are fuming, Windows Phones need updating and Prime subscribers are streaming:

Facebook and several banks have been slapped with a lawsuit, accused of hiding some details about revenue estimates days before the stock went public. The charge is this: Facebook spoke with select analysts about additional information on revenue expectations than what was disclosed in amended filings. Smaller investors are upset they were left out of the loop, and say they lost money because they didn't know the full picture. But even if Facebook did give extra info to analysts, it's not … Read more

How Zuck is boosting an executive hoodie maker

When thinking about the world of fashion, most invoke the likes of Versace, Gucci, or Calvin Klein. You certainly wouldn't expect your sense of style to be influenced by the world of tech, but that's just what has happened thanks to Facebook CEO Mark Zuckerberg.

It's his style that's helped San Francisco-based BetaBrand.com explode onto the tech executive couture stage. Based on Zuckerberg's, infamous "hoodie," the company has come up with an executive version. Made from high quality wools and with pinstripes and plaids, this look is as welcome in the boardroom … Read more

Why the Facebook whine-fest goes off the deep end

From darling to dud in just three days?

Even on Internet time, that's pretty fast.

Truly, the whine-fest accompanying Facebook's first few steps as a public company has been remarkable, what with the screeching about a botched IPO now as loud as the hype that surrounded the run-up leading to last Friday's big event. It's also fed a growing backlash that has left investors and analysts howling about the $105 billion market capitalization that Wall Street gave the company.

And though this novella is far from played out, you know the rest of the story: as … Read more