Facebook, Mark Zuckerberg | featured news

Facebook has raked in billions and will make a splash when its stock hits the open market next week. So, what are folks on Wall Street concerned about? Mark Zuckerberg's hoodie, apparently.

Facebook’s attorneys squared off Wednesday with the legal team of Paul Ceglia, a New York man who says that a 2003 contract proves he should own at least half of Facebook. Ceglia, for whom Facebook co-founder Mark Zuckerberg did some work while at Harvard University, says he has a contract granting him at least half the ownership of Facebook. Facebook has denied the claim, saying that the contract and several other documents Ceglia provided are faked. The company subsequently filed to dismiss the suit last month.

In August, Ms. Zuckerberg, 29, quit her job at Facebook, where she had been among the first two dozen people hired. Most recently, she was the director of marketing. In its early days, Ms. Zuckerberg was a buoyant presence, representing her reticent brother to an eager press. Later, she earned attention (not always favorable) singing at company functions with a band composed of colleagues. And she came up with the idea for Facebook Live, the social network’s video channel, which has featured interviews conducted by Facebook executives with Oprah Winfrey and President Obama. Now Ms. Zuckerberg has started her own business, R to Z Media, to help companies take advantage of social media.

Speaking to reporters on Thursday, Facebook’s CEO Mark Zuckerberg said that the social network has plans to “launch something awesome” next week. There’s no official word on what will be announced, but we suspect it’s going to be the new iPhone photo-sharing service that we saw just last week.

Cameron and Tyler Winklevoss, Harvard University classmates and former business partners of Facebook founder Mark Zuckerberg, have decided not to further appeal a settlement in their long-running dispute over the origins of Facebook.

Mark Zuckerberg is eyeing the takeover of the much popular Skype, in a deal that might cost Facebook close to $4 billion.

Facebook co-founder Mark Zuckerberg and his "The Social Network" doppelganger Jesse Eisenberg made friends on "Saturday Night Live."

Mark Zuckerberg's Facebook fan page seems to have been hacked, with the hacker posting a message calling on the company to transform into a "social business".

Did you hear? Or, perhaps the better question is, did you read it on your news feed? Mark Zuckerberg plans to shut down Facebook on March 15.

Facebook founder and CEO Mark Zuckerberg has been named Time magazine's "Person of the Year" for 2010.