Facebook “Acqhires” Mobile Photo-Sharing Company Lightbox

Yet another acquisition before Facebook goes public.
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People-Search Engine Ark Raises Biggest Y Combinator Seed Round in Memory

People-search start-up Ark.com has led a bit of a charmed existence.
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Mum on Own Phone Plans, Facebook Aims to Make Mobile Web App-Friendly

In an interview, Facebook CTO Bret Taylor talks about what Facebook sees as success in the mobile market.
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Nextdoor Lawsuit Alleging VCs Stole Local Social Network Idea Is Dismissed

A lawsuit against Benchmark Capital and its portfolio company Nextdoor — filed by a founder claiming they stole his name and idea for a start-up — was dropped on Tuesday.
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The Furious Five of Facebook? Meet Its New Product Princes and Their Domains.

Product is power at the social networking giant — so here’s who has it and here’s what they rule over.
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Facebook Confirms Reorg, Names Five Product Heads

Facebook today confirmed our report from last night that it has shaken up its organization around major product areas.
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The Facebook Phone: The “Slayer” That Wasn’t

Before its current phone project, Facebook had a special ops team that explored building its phone with hardware tightly integrated with software. When it didn’t work out, many from that team left the company.
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The Facebook Phone: It’s Finally Real and Its Name Is Buffy

Facebook is working with HTC to build mobile devices with a “social operating system,” the long-rumored “Facebook Phone” project that the social networking giant has never officially acknowledged.
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Fatdoor Founder Sues Benchmark Capital, Saying It Stole His Idea for Nextdoor

Fatdoor founder Raj Abhyanker on Thursday filed a complaint against Benchmark Capital for interference, fraud and misappropriation of trade secrets after seeing the Silicon Valley venture firm fund Nextdoor, the local social network launched last month.
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The Majority of Facebook Users Have Changed Their Privacy Settings, Says Facebook CTO

It’s a myth that most Facebook users never change their default privacy settings. Actually, according to CTO Bret Taylor, the majority of Facebook’s 800 million users have modified who sees what.
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Facebook Sets Mobile Sights on HTML5