The New Threat to Facebook

When asked if Google's service might resemble Facebook's, Mr. Schmidt said "the world doesn't need a copy of the same thing."

"I'll rehire Zuckerberg, if I win Facebook..."

A picture of Paul Ceglia taken from Facebook - a company he hopes one day to own / Facebook.

Mr Ceglia claims Mr Zuckerberg offered him a 50 per cent stake in 2003 for what was then called "The Facebook" for $US1000 ($1100)...

Facebook value plummets $5billion

Facebook has sold 1.96 per cent of itself to a Russian technology investment firm for $200m. That puts Facebook's ostensible value at $10bn, a $5bn drop from the price tag Microsoft put on the company in October 2007..