VENTURE CAPITAL POST

Facebook is one of the most popular and largest social media sites with over 1 billion users. It is packed with several features that has made it the most widely used social networking site. Here we will look at the 10 best features of Facebook.

Facebook announced that it would acquire Mobile Technologies, a company focused in developing voice translation software.

Baidu Inc jumped since Facebook boosted the outlook for social media companies.

Mobile advertisements amounted 41% of the company's total ad earnings.

Facebook's understanding of the needs of each market was expected to boost its revenue and attain 1.1 billion users.

The former Congressman of New York who recently announced that he would run for New York City mayor faces allegations of sending inappropriate messages to a young woman.

The project of social networking giant, Facebook for every phone, was expected to give a huge boost to the company after gaining 100 million users each month.

Italy's stock exchange Borsa Italiana and Treasury are using social networking via the Internet to connect 30 small high-growth companies with private equity investors to expand abroad and help support the economy.