Facebook shares opened at $ 42.05, a 10.5 percent increase from its final price last night at $ 38. This would value the company at $ 115 billion. While the price is going to fluctuate a lot today, there’s a crowdsourced bet from Twitter users on FacebookIPOClosingPrice.com that the company will close at a $ 54 price and [...]

  What does it mean when Facebook says it has 901 million monthly active users on its network? According to figures out from the International Telecommunication Union, it effectively signifies that Facebook is the world’s largest social network by a very long shot. The ITU says in a new report that that the number of [...]

  Online education has been around for years, but they were largely viewed as experiments. Over the last year, things have changed. Elite universities are not only taking online education seriously, they’re building it into their 10-year plans. Harvard and MIT’s EdX is one example, Coursera another, while startups like CodeAcademy, Treehouse, StraighterLine, Khan Academy, [...]

    It was less than a week ago that Tenthbit, the developers of the buzzy, new social-networking-app-for-couples (or other partners) Pair, picked up a $ 4.2 million seed round, money the founders said would be used to expand its mobile development and design teams. Now it looks like some of those funds might also [...]

Has The Washington Post acquired Digg, as reported in The Next Web? Sort of. We’re hearing that the Post has hired the Digg team, but is not acquiring the site or the technology. In other words, this is a talent acquisition, and in fact Digg properties, patents, and assets are still for sale. TheNextWeb’s report [...]