Facebook now makes $4M per day from News Feed ads

Facebook has increased the amount of revenue it generates each day from advertisements running in the News Feed by four-fold over the course of the past 90 days.

Facebook owes 125 million people 2 cents each in proposed settlement

Did Facebook use your face to help sell 55-gallon barrels of personal lubricant? If so, you too may be eligible for a whopping two pennies in compensation, ramping to $10 if you apply.

Meet Facebook’s newest advertiser: You

Facebook today started offering some of its U.S. members a simple way to ensure that more of their friends see their super important, can't-miss status updates.

To settle lawsuit, Facebook will add opt-out controls for Sponsored Stories

Five disgruntled Facebook users have forced the social network to change how it manages its popular Sponsored Stories ad units.

The users, two of whom are minors, sought class-action status in a lawsuit against Facebook for using their names and …

Facebook paid $10M to settle “oops, we used your face” ads

Reuters is reporting that Facebook has agreed to pay $10 million to settle a lawsuit brought by people whose faces and images were used in Sponsored Stories ads. The settlement, however, will not be going to the five Facebook users …

Facebook settles ‘Sponsored Stories’ lawsuit, likely avoiding huge damages

Facebook has settled a lawsuit concerned “Sponsored Stories” that could have cost the company billions if the plaintiffs had won, according to a Reuters report.

In light of Facebook’s team taking the company public last Friday, it will have to …