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What began as a Harvard-only website is now the social networking tool of almost 500 million people worldwide. David Kirkpatrick examines the site's short history and its long-term potential in The Facebook Effect.

Facebook's culture and the nature of its business will inevitably change after it goes public. Its finances will be much more open to scrutiny. NPR's Steve Henn tells host Scott Simon that because founder and CEO Mark Zuckerberg owns so much of Facebook's stock, he will continue to have significant autonomy from Wall Street's demands.

"We've been fueling this fire for a long time and we shouldn't be surprised it's now out of control," an employee reportedly wrote on an internal message board.

The independent Oversight Board on Wednesday is expected to say whether Facebook should uphold or reverse a ban on the former president put in place after the Jan. 6 attack on the U.S. Capitol.

A longtime aide to the mayor of Springfield, Massachusetts was fired this week because of things he said on Facebook. It threatens to worsen relations…

As the company prepares to notify 87 million users whose data was misused by Cambridge Analytica, CNBC reports that Facebook is suspending Cubeyou over similar allegations.

What a week in technology news: Facebook made a $19 billion purchase, Verizon and Netflix are feuding and Google's trying impressive new projects.

Facebook says its mobile advertising business nearly doubled from the third to fourth quarter of 2012. As a whole, the company's ad business grew at its fastest rate since it went public last May. Some analysts felt the social network had initially been too slow to get into the mobile market.

Facebook CEO Mark Zuckerberg will testify before the Senate judiciary and commerce committees on Tuesday and the House Energy and Commerce Committee on Wednesday.

"The blunt truth is men still run the world," says Silicon Valley executive Sheryl Sandberg — and the problem begins as early as the playground, where assertive boys are called leaders, and assertive girls are called bossy.