You might remember a couple of weeks ago whenwe told youabout the breaking news of Goldman Sachs investing $500 million into Facebook. Now, witha releasefrom Facebook, we see the actual numbers as they happened: The transaction consisted of two parts. Today, Goldman Sachs completed an oversubscribed offering to its non-U.S. clients in a fund that invested $1 billion in Facebook Class A common stock. In December, Digital Sky Technologies (DST), The Goldman Sachs Group, Inc....

Facebook is resuming the release of its feature for applications to request personal information such as phone number and home address. This is the second time it has rolled this out,pulling it backa few days after it was launched in January amid congressional security concerns. Among those that were most vocal about these issues wereReps. Ed MarkeyandJoe Barton, who have ahistoryof targeting tech companies over perceived lack of transparency and clarity regarding data transfers....

Facebook CEO Mark Zuckerberg is reportedly planning on making hissecond visitto China as the world’s biggest social networking company continues to look for the best way to expand into the country that holds the world’s biggest Internet population. Despite earlier reports that Facebook CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg had different views about entering China, Sandberg makes it clear that they both actually agree on the importance of China....

According toNick Bilton of The New York Times, Facebook plans to add a series of photo filters to the next version of its mobile app, going head to head withInstagram, the darling of iPhone filter-photo-sharing applications. Bilton states that “Facebook will introduce almost a dozen photo filters, including some that are similar to Instagram like old-style camera lenses and grainy film. Facebook will also try to introduce new styles of filters with the hopes of drawing users away from other photo apps....

Facebook Apps and Games have undeniably been an integral part of the social network’s success. For those apps, one major income generator is the ability to purchase and unlock virtual goods using an online currency,Facebook Credits. Indian mobile commerce company,Beam, is set to make life easier for the world’s sixth largest Facebook population by bringing Facebook Credits to the country. Business Standardreportsthat the mobile commerce company is already in advanced talks with both Facebook and the Reserve Bank of India to make Facebook Credits available in the country....