Two months after obtaining a majority stake in the magazine, Chris Hughes, a co-founder of Facebook, is bringing back Franklin Foer as part of an ambitious plan to remake the magazine.

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On Saturday, Mark Zuckerberg, the founder of Facebook, announced that he had married his long-time girlfriend, Priscilla Chan. The announcement was made, of course, on Facebook.

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HEY, DID I MISS ANYTHING? Kids: A few hours ago, I landed in Los Angeles, turned on my phone, and confirmed what you already know. Sony Pictures Television is replacing me as showrunner on Community,...

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In the world of social networks, Facebook and Twitter can be compared to the old children's story "The Tortoise and the Hare." But this race is not judged by speed but by the long-term relationship with users and their privacy.

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To help make sense of the Facebook IPO, we caught up with Steve Blank, a professor at Berkeley and Stanford and serial entrepreneur from Silicon Valley. This conversation has been edited and condensed. THOMPSON: What does the Facebook IPO mean for Silicon Valley? BLANK: I think it's the beginning of the end of the valley as we know it. Silicon Valley historically would invest in science, and technology, and, you know, actual silicon. If you were a good VC you could make $100 million. Now ther...  show all text

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Editor’s note: Some savvy Facebook engineers rigged the NASDAQ button to automatically post “Mark Zuckerberg has listed a company on NASDAQ – FB” to the CEO’s Timeline as he rung the bell to open the NASDAQ’s day of trading. David Garcia, a senior software engineer at Facebook, explains how they turned the NASDAQ on to Open Graph. It was a normal Monday. Nothing out of the ordinary other than that Facebook was set to go public at the end of the week. Camera crews were beginning to appear and NA...  show all text

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OMG Facebook IPO OMG OMG OMG Facebook Rises 50% in First Hour of Trading Holy Shit Mark Zuckerberg Is So Rich Now Look at All These Other Motherfuckers Who Are Also Rich Now Some People Who You’d Expect to Get Rich Didn’t Get Quite As Rich As You’d Think Oh Man Facebook Employees Are So Rich Now Some Random Dude Who Painted a Wall for Facebook in 2005 Is Like a Millionaire Now Facebook up 100% on Opening by Lunch Time When Will Twitter Go Public? Is Pinterest the Next Facebook? (Update: No) Holy  show all text

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The deterioration of the bank's position accelerated in the last four trading days as investors took advantage of its distress.

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If you’re plugged into the Internet, chances are you’ve seen a TED talk – the wonky, provocative web videos that have become a sort of nerd franchise. TED.com is where you go to find Facebook COO Sheryl Sandberg explaining why the world has too few female leaders, or Twitter cofounder Evan Williams sharing the secret power of listening to users to drive company improvement. The slogan of the nonprofit group behind the site is “Ideas Worth Spreading.”

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Illustration: Mister Mourao Sometime in early 2004, as Mark Zuckerberg was furiously coding the first iterations of The Facebook in his Harvard dorm room, the Internet passed what then seemed to be an impressive milestone: 750 million people worldwide had become connected. The exact birthdate of the Internet is difficult to pin down, but it’s fair to say that it took at least three decades for the net to reach a population of that size. Today, after just eight years in existence, Facebook now h...  show all text

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There are a bunch of ways to explain away GM’s decision to stop spending ad dollars on Facebook. We’ll get to those. But there’s one thing that even the most ardent Facebook fan can’t argue with: Facebook advertising is very much a work in progress. Don’t take my word for it. Listen to Facebook itself: “We believe that most advertisers are still learning and experimenting with the best ways to leverage Facebook to create more social and valuable ads,” the company says in its IPO filing. If you’...  show all text

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Startups usually succeed because of a single major product or business innovation. Google is unusual in that they succeeded because of two major innovations: their core search product, and their keyword advertising business model. Back in 2000, when Google was wildly popular but generating no revenue, the conventional wisdom was that their business model was uncertain. Then Overture invented keyword advertising and Google adopted the same model. This turned out to be both wildly profitable and ...  show all text

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General Motors plans to stop advertising on Facebook after determining its paid ads had little impact on consumers. The news comes just days ahead of Facebook's IPO.

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Web startups are made out of two things: people and code. The people make the code, and the code makes the people rich. Code is like a poem; it has to follow certain structural requirements, and yet out of that structure can come art. But code is art that does something. It is the assembly of something brand new from nothing but an idea. More »

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Quora co-founders Charlie Cheever & Adam D’Angelo @ Crunchies 2010 Quora, a Palo Alto-based knowledge (read: Q&A) community has raised a whopping $50 million in Series B funding from co-founder Adam D’Angelo along with Facebook early funder Peter Thiel, Northbridge Ventures and Matrix Ventures. D’Angelo, who was chief technology officer of Facebook, has put $20 million of his own money (big props for that) in Quora while others chipped in the rest.  D’Angelo co-founded the company with Charlie ...  show all text

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An ode to the father of the electric age. View

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Starting today, you can discover the best of Twitter in a weekly email digest delivered to your inbox. This summary features the most relevant Tweets and stories shared by the people you’re connected to on Twitter. Stories feature a design similar to the recently updated Discover tab, emphasizing who shared each story beneath summaries to help you decide which ones matter most to you. Click any headline to finish reading the story, add your take by tweeting directly from the email, and see rel...  show all text

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Nick Bilton, in today’s The New York Times, writes about Facebook’s ability to look at what is happening on its network and predict the future. He says since more than nine million apps and services use Facebook Connect, the Open Graph developer platform, the company can essentially predict what comes next. Maybe! In reality, what is more likely is that Facebook can turn on or turn off the traffic spigot and hence play the king maker. Bilton quotes an anonymous source as saying, “Facebook is now  show all text

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When it comes to the traditional screen that families gather around, live television is competing against a growing array of self-selected content, and audiences are bolting.

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Yahoo’s embattled CEO Scott Thompson (pictured here) is set to step down from his job at the Silicon Valley Internet giant, in what will be dramatic end to a controversy over a fake computer science degree that he had on his bio, according to multiple sources close to the situation. The company will apparently say he is leaving for “personal reasons.” But the evolving crisis — which is just over a week old — centered on his botched resume and how he handled the thorny issue is clearly the key r...  show all text

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When Eduardo Saverin was 13, his family discovered that his name had turned up on a list of victims to be kidnapped by Brazilian gangs. Saverin’s father was a wealthy businessman in São Paulo, and it was inevitable that he’d attract this kind of unwanted attention. Now the family had to make a permanent decision. They hastily arranged a move out of the country. And of all the places in the world they could move to, the Saverin family saw only one option. They took their talents to Miami. Would ...  show all text

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Google has a somewhat tense relationship with the traditional newspaper industry, since publishers like News Corp.’s Rupert Murdoch still believe it is depriving them of revenue by “stealing” their content and aggregating it at Google News. So you might think that Google’s head of news products, Richard Gingras, would try to smooth over any ruffled feathers when talking about the future of news. He did the opposite in a recent talk at Harvard, however — comparing newspapers to old-fashioned int...  show all text

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Below is a remarkable document. It's a memo circulated by Jan van Lohuizen, a highly respected Republican pollster, (he polled for George W. Bush in 2004), to various leading Republican operatives, candidates and insiders. It's on the fast-shifting poll data on marriage equality and gay rights in general, and how that should affect Republican policy and language. And the pollster's conclusion is clear: if the GOP keeps up its current rhetoric and positions on gays and lesbians, it is in danger ...  show all text

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“I am honored to be doing this cover. It’s a celebratory moment for our country, and that’s what I tried to capture. (I don’t especially like those rainbow colors, but they are what they are—I had to use them.) I wanted to celebrate the bravery of the President’s statement—a statement long overdue—but all the more appreciated in this political year. We are on the right side of history.” —Bob Staake, the artist who created “Spectrum of Light,” the cover of next week’s issue.

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Eduardo Saverin, the billionaire co- founder of Facebook Inc., renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill.

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Is Amazon seriously launching a tech blog that aims to compete with gadget blogs like the Verge and Gizmodo? According to a new report from “The Daily,” yes. The funny thing is that Amazon already has a gadget blog called End User (although it hasn’t been updated in almost exactly a year), as well as seven other blogs on topics like food and music. The Daily cites unidentified “multiple sources in the Seattle area” who say Amazon plans to launch three blogs: one “designed to compete in the tech...  show all text

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Interesting line in PandoDaily’s article a couple of days ago about TechCrunch – “Kara Swisher was kicking some tires [about buying TechCrunch] to add the brands to the expanding All Things D franchise.” Then a full retraction yesterday: There’s only one part of yesterday’s story that I regret, and that’s mentioning Kara Swisher as a possible buyer. That was my screw up. Sarah didn’t want to put it in, because Swisher hadn’t responded to her attempts to contact her for confirmation. I had heard...  show all text

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