Discussions between Facebook and Vevo are supposedly in their preliminary stages, and the former would need a strong sales pitch to convince Vevo to switch from current partners Google.

The company claims it created 15.3 billion euros in European economic activity in 2011, but only included its positive contributions.

The company's chief operations officer Sheryl Sandberg says her company has added 15.3 billion euros back to the European economy.

We’ve been on our guard, waiting for the fully launched Facebook Timeline since September. Once it became clear that Facebook planned to replace the profile with this new format (which wasn’t made explicit initially), the panic set in. Nobody likes change, especially Facebook users, and anti-Timeline sentiment was strong.

Facebook Inc. contributed $1.35 million to lobby various tech-related efforts last year, breaking the $1 million mark for the first time.

Last summer, Facebook was rumored to be eyeing Instagram. Obviously the acquisition speculation was merely that, and Instagram has gone on to quick and unparalleled photo-sharing success. And for its part, Facebook has been rumored to be developing a built-in filter application of its own.

Facebook has begun rolling Timeline out to all profiles, worldwide, regardless of whether or not the user wants it.

Google’s growing struggle with Facebook and Twitter for advantage in the social networking space erupted into public view Tuesday after the search giant’s competitors unveiled a new tool to undermine its latest product, Google “Search plus Your World.” Engineers at Facebook, Twitter, and MySpace created an easy-to-use browser button — known as a bookmarklet — [...]

Facebook Inc. is seeking to more than double the size of its European headquarters in Dublin as the most popular social-networking site prepares for a possible $10 billion initial public offering, three people with knowledge of the matter said.

Facebook has pledged to give away £4.2m in free advertising as part of a bid to help British and European businesses make the most of social media.