via: cnn.com (CNN) — Reports have surfaced again in the past week that Facebook is working on a phone. The latest news on the long-rumored project is that Facebook has abandoned its plan to work on both the hardware and software, as Apple does, and instead will partner with hardware manufacturer HTC. The Facebook phone’s software, […]

No, not the business. CEO Mark Zuckerberg announced that his social network had surpassed 750 million users in July (although there's no telling how many of those are pets), and the company is on track to collect more than $4 billion in sales this year, mostly from advertising.

(Mashable) -- Facebook plans to roll out a major redesign of user profiles at its f8 developer conference this week, Mashable has learned.

NEW YORK (CNNMoney) -- Twitter has acquired TweetDeck, an application for organizing the display of tweets, for more than $40 million in a mix of cash and stock, according to sources close to the deal.