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  • Facebook offers $100,000 to iPhone developers

    Technically, it’s fbFund that’s offering the money, a fund backed by Facebook, Index and Founders Fund. TechCrunch reports that this year, fbFund will be investing $100k in an unspecified number of Facebook app developers chosen from a...

    • Posted 16 years ago
    • 0
  • Facebook spends more on electricity than on bandwidth

    A TechCrunch article on Friday talks about Facebook’s need to seek new capital, together with an estimated breakdown of costs. Bandwidth: $500,000 per month Electricity: $1 million per month Storage: $4 million + per month, simply in...

    • Posted 16 years ago
    • 1
  • Libel on Facebook costs ex-friend £22,000

    Be very careful what you write on Facebook. A London man who created a set of ficititious, malicious entries about Mathew Firsht has just been ordered to pay £22,000 in damages. Grant Raphael fell out with his...

    • Posted 16 years ago
    • 0