Facebook (NASDAQ:FB) is a social network founded in 2004 by Chairman and CEO Mark Zuckerberg and fellow Harvard classmates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. Facebook currently has apps for Apple's iOS, Google's Android and Blackberry, as well as the mobile Web. In addition, Facebook has separate apps including Facebook Messenger, Facebook Camera and most recently Facebook Home. Facebook operates photo-sharing social network app Instagram as a stand-alone entity. Facebook filed for an initial public offering in 2012. Its income for 2012 was $5.1 billion. As of the first quarter of 2013, Facebook boasts 751 million mobile monthly active users.

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Report: Instagram adding video to combat growth of Twitter's Vine

Facebook will add video capture capabilities to Instagram, bringing the photo sharing application in line with rival Twitter's popular Vine,  TechCrunch  reports.

Facebook finally launches hashtag support

Facebook is introducing support for hashtags across its social networking platform.

BlackBerry bolsters Facebook app with new photo sharing features

BlackBerry is rolling out the latest version of its Facebook  social networking application, highlighted by a series of new photo uploading, viewing and organizing features.

Reports: Google close to landing Waze for $1.3B

Google is finalizing an agreement to acquire crowdsourced location services firm Waze for $1.3 billion, Israeli newspaper Globes reports. The Wall Street Journal corroborates the deal, which sources said could be formally announced as soon as this week. Representatives for Google and Waze declined to comment.

Reports: NSA gets phone records from Verizon, AT&T, Sprint, as well as data from Apple, Google and others

The National Security Agency is working with Verizon Communications, AT&T and Sprint Nextel to collect data about U.S. citizens' telephone calls, according to multiple reports. However, government officials and lawmakers say the program is lawful and is reviewed by Congress and the courts.

Facebook dumping half of ad units to eliminate redundancies

Facebook revealed it will sunset more than a dozen different advertising formats across its mobile and desktop platforms, taking steps to create a simpler, more consistent experience for both marketers and consumers.

Facebook Home kicks off makeover with new favorite apps tray

Facebook is taking steps to overhaul its much-maligned Home launcher for Google's Android, adding a new tray for favorite non-Facebook apps.

Ex-Zynga staffer torches firm's business strategy in Reddit talk

A day after Zynga announced plans to lay off 18 percent of its workforce, or 520 employees, one of those former staffers harshly criticized the social gaming firm's business strategy and culture in a Reddit "Ask Me Anything" question-and-answer session Tuesday.

What if Adobe turned Behance into the next platform for app developers?

Few mergers and acquisitions are easy to predict, particularly in the technology space, where certain combinations of software or hardware may only make sense to a few strategic thinkers. In the case of Adobe, however, there was probably nothing more natural, more inevitable and possibly game-changing as its decision to follow up the purchase of Behance with Thumb Interactive.

Fiksu: iOS app downloads surge 11% in April, boosted by Facebook install ads

Daily downloads from Apple's App Store increased 11 percent in April, galvanized by factors including Facebook mobile app install ads, mobile user acquisition platform Fiksu reports.