Social Media

Facebook Inc. founder and Chief Executive Mark Zuckerberg and wife Priscilla Chan said they plan to give about 99% of their Facebook shares to philanthropic efforts.

Twitter Chief Executive and co-founder Jack Dorsey said he is giving a third of his stock in the company, about 1 percent, to the employee equity pool.

Sheryl Sandberg is reportedly being eyed as a possible candidate to replace Walt Disney CEO Bob Iger when he steps down in 2016.

Following an exodus of Zynga employees in 2012, the social games maker says it is appointed Silicon Valley venture capitalist John Doerr to its board.  

Twitter named interim Chief Executive Jack Dorsey as its permanent CEO on Monday. Dorsey served as interim CEO after former Dick Costolo stepped down on July 1.

Twitter co-founder Jack Dorsey, who has been acting chief executive of the company for the past three months, is expected to be named permanent CEO as early as Thursday, technology news website Re/code reported, citing sources.

5 reasons why Twitter’s interim CEO and co-founder Jack Dorsey will almost certainly be named permanent chief.

Analysts said Twitter has an uncertain future unless it can reverse slowing user growth by introducing new features that will help it win a bigger chunk of the digital advertising market from rivals such as Facebook.

Snapchat, in another step toward turning itself into a major media property, has hired Marcus Wiley -- previously co-head of comedy development at Fox Broadcasting -- to run original content development for the service's Snap Channel, Variety has confirmed.

Facebook said it will make ads more social, utilizing users' Facebook data to better target ads rather than using traditional display advertising.

The micro-blogging site’s founders together added more than $1.5 billion to their personal wealth in one day Thursday.

The micro-blogging site received an equity rating of neutral from Wedbush, which put the 12-month price target at $37.

Facebook was once thought to be poised to become king of the Internet but as the company grows up, major weaknesses have been exposed.

Market participants will get a chance Friday to begin trading Twitter options -- a move that will give Wall Street more tools to bet on the micro-blogging site's share price.

Facebook traded above $38 a share for first time since its rocky May 2012 IPO as the social network smoothed over its relationship with the Street.

After a rollercoaster ride last week, shares of Twitter continued to slide on Monday, selling off as much as 8%.

Shares of Facebook climbed as investors cheered the company’s addition to the S&P 500, a move that underscores its explosive growth this year.

Consumers expressed concern on social media about a talc-based baby powder made by Johnson & Johnson on Wednesday after a Missouri jury ordered the company to pay $72 million in damages to the family of a woman who said her death from cancer was linked to use of the product.