Facebook Inc is taking the next step on its IPO journey and has summoned research analysts from Wall Street banks to its Menlo Park headquarters early next week for a pre-roadshow briefing to discuss the finer points of its business and books. The world’s largest social network, which is racing toward what would be Silicon [...]

Social network also is the most searched-for term of the year, says Hitwise It looks like 2010 was indeed the year that Facebook’s success exploded. For the first time ever, U.S. Web surfers visited the social networking site more than any other site in 2010, beating out Internet behemoth Google, according to a report from [...]

Facebook was the top searched term overall in 2010, the second straight year that the social networking website has topped web queries, while it was also the most visited website this year, according to data provider Experian Hitwise. Hitwise reported four variations of the term “Facebook” were among the top 10 terms and accounted for [...]

Facebook Inc., the world’s most popular social-networking service, is likely to generate 2010 revenue of about $2 billion, a larger sum than projected earlier, according to three people familiar with the matter. Sales will more than double from 2009, said the people, who declined to be identified because the privately held company doesn’t disclose revenue. [...]

Despite some predictions otherwise, the rise of social networking hasn’t pushed email and instant messaging into obscurity just yet says a report by The Nielsen Company. Although both saw double-digit declines in share of time, email remains as the third heaviest activity online (8.3 percent share of time) while instant messaging is fifth, accounting for [...]

Even in these tough times, surprising and extraordinary efforts are under way in businesses across the globe. From politics to technology, energy, and transportation; from marketing to retail, health care, and design, each company on the following pages illustrates the power and potential of innovative ideas and creative execution. HP Acquires 3Com for $2.7 Billion, [...]