Studs Terkel made a career of interviewing "voiceless" people—non-celebrities from the workaday world—and then serving as the medium to get their stories to the broader public.... more >>

While it had not yet been reported that the ConnectU settlement was a reported $65 million (though since it was in cash and stock, that value may have dropped with the onset of the recession), the $3.7 billion Facebook valuation has been around since July.... more >>

Facebook reckoned that it had a market value of about $3.7 billion in an appraisal conducted after it sold a 1.6 percent stake to Microsoft that implied a value of $15 billion for the social networking outfit, according to the Associated Press. ... more >>

The law firm for Harvard students who challenged Facebook CEO Mark Zuckerberg and won, released the amount of the settlement. Terms had been ordered sealed.... more >>

Facebook just turned 5 years old. But a week that should have been filled with reflection and good times was instead marred by a series of breaking news reports detailing sex scandals, phishing, and other malicious activity on the world's largest social network.... more >>

Facebook has joined the board of the OpenID Foundation and will host an OpenID Design Summit later this month,according to a post on the social network's developer blog.... more >>

Facebook is giving its 150 million users a mystery virtual gift to celebrate its fifth birthday.... more >>

Facebook surged past rival MySpace last year to become the world's largest social network, with 150 million active users and counting. Less noticed has been its ability to keep members sticking around on the site as its audience explodes.... more >>

It's sort of cute, really: blogger Robert Scoble went on a nice snowy stroll with Facebook founder Mark Zuckerberg while the two were in Davos, Switzerland, for the World Economic Forum. Of course, he wrote about it.... more >>

 Facebook.com grew a dramatic 127 percent in the past year to 222 million visitors in December, and now ranks as the top social networking site worldwide.... more >>