Facebook News and Information | Social Media

Here are a bunch of amazing Facebook statistics that illustrate just how vast their digital empire is. Updated for October 2014.

Facebook chief product officer Chris Cox revealed in a Form 4 filing with the Securities and Exchange Commission that he exercised some of his restricted stock units and sold off some shares. Cox exercised 11,371 RSUs that were set to expire Aug. 25, 2019.

How obsessed are Facebook users with their favorite television shows? The Hollywood Reporter teamed up with the social network to find out, announcing the launch of the weekly TV Obsession Index. The TV Obsession Index is a weekly ranking of the 10 most-talked-about TV shows on Facebook, sorted by percentage of overall TV chatter on the social network mentioning specific shows.

The bad news for advertisers on Facebook: The cost of advertising on the social network rose dramatically in November 2014 compared with November 2013, with aggregate average cost per thousand impressions (CPMs) seven times higher. The good news: Return on investment saw substantial gains, as well, according to the latest data from Kenshoo, a Facebook Strategic Preferred Marketing Developer.

Facebook found itself in a fine mess in Argentina, as PanAm Post reported that a Rosario court ordered the social network to pay compensation of $77,000 for failing to delete groups that allegedly defamed a local resident.

Facebook announced a thorough revamp of its Slingshot photo- and video-sharing application, including photo filters, the ability to follow users and automatically see their shots, private photo and video reactions to shots and the option to share shots on Instagram, Facebook, Twitter and other apps.

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