Facebook, Mark Zuckerberg | featured news

Another 17 of America's richest people, including Facebook's Mark Zuckerberg, junk bond pioneer Michael Milken and AOL co-founder Steve Case, have pledged to give away most of their wealth.

Facebook profiles have a new look, courtesy of the latest in a long series of redesigns on the widely used social network. The profile facelift -- announced on Facebook's Twitter feed and blog a few hours before founder Mark Zuckerberg was supposed to debut it on Sunday evening's broadcast of 60 Minutes -- reshuffles the information highlighted on your listing.

This Friday, Facebook CEO Mark Zuckerberg is expected to appear on The Oprah Winfrey Show to announce a $100 million donation to the Newark public school system.

Facebook founder Mark Zuckerberg went in front of the world's media this morning and grudgingly announced roll backs on some of the biggest and most controversial changes to the site's privacy settings made since December. The default setting for most content published on Facebook has not changed. It remains public, unlike the private nature of the site when hundreds of millions of people signed up, but control over a few key settings are now being shifted back into the hands of users.

Facebook CEO Mark Zuckerberg said the social network is planning new privacy controls that are simpler to use and will allow users to turn off all third-party services.

Most everyone in Silicon Valley and on Wall Street agrees: The eventual IPO of social-networking site Facebook could make its founder the world's richest 25-year-old. Yet CEO Mark Zuckerberg seems intent on deferring that multibillion dollar payday.