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Mark Luckie, a digital strategist and former journalist, says he accepted the job offer from Facebook reluctantly.

At first, he didn’t want to move to Silicon Valley from Atlanta, where he had been living, but he said his fiance was able to persuade him, telling him that the job presented an opportunity to make a difference on the influential social network.

“I was really excited. Facebook is an amazing company that reaches a lot of people,” Luckie, 35, said in an interview with The Washington Post. “I didn’t plan to leave.” Read More

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Facebook and Instagram have been hit by major outages, with users reporting that the sites’ home pages showed a only a “service unavailable” message. Hours beforehand, Facebook’s Messenger app crashed around the world. Read More

Facebook CEO Mark Zuckerberg is making his first known investment in a startup, a firm called Panorama Education that uses data analysis to attempt to improve education.

The Cambridge, Mass.-based Panorama announced Monday that it raised $4 million in seed funding led by Zuckerberg’s Startup:Education fund. Other investors include Jeff Clavier’s SoftTech VC, Google Ventures, Ashton Kutcher’s A-Grade Investments and Yale University.

source

Facebook founder Mark Zuckerberg paid top dollar — more than $30 million in total — for the four residential properties located next door and behind his Palo Alto home.

Zuckerberg is one of several prominent tech CEOs who own homes on Palo Alto’s tree-lined streets. Yahoo’s (YHOO) Marissa Mayer and Google’s (GOOG) Larry Page live there, as did the late Apple (AAPL) chief Steve Jobs.

Zuckerberg, who rented for many years, reportedly paid $7 million two years ago for the 5,000-square-foot home in Palo Alto’s Crescent Park neighborhood where he lives with his wife, physician Priscilla Chan. Zuckerberg, whose personal fortune is estimated at $19 billion, also owns a home in San Francisco.

source: Gawker

Instagram now has 150 million monthly active users with more than 60% of them residing outside of the United States. At last tally in June, the app had 130 million monthly active users. In February, the company reached the 100 million monthly active-users milestone.

Instagram, which Facebook acquired in 2012, added video capabilities to its popular photo-sharing app in June. Celebrities and brands quickly latched onto the new feature. Soon, pop star Justin Bieber became the first Instagram user to earn 1 million Likes on a video post.

As of April, nearly half of Instagram’s users are Android users. Instagram launched in late 2010 for iOS users and made the service available for Android users in April 2012.

Comparatively, rival service Vine has 40 million registered users — not to be confused with active users — as of last month.

https://i2.wp.com/www.bonnielowkramen.com/wp-content/uploads/2013/06/sheryl-sandberg-facebook-cropped-proto-custom_28-copy.jpg

The Facebook (FB) chief operating officer and author of “Lean In” sold nearly 2.4 million shares of the social network’s stock last week at an average price of $38 per share, according to a regulatory filing.

 It amounts to about $91 million.
Checkout Sheryl Sandberg’s TED Talk on “Women Leaders” below:
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