Groupon says it is no longer accepting new adult entertainment merchants as customers.
Sean Parker, Facebook's first company president, rejected one analyst's claims that Facebook would "disappear in five to eight years."
Facebook's stock price may have taken a dive today, but the social networking giant's stock should stabilize after about two or three quarters and then will move up, according to Victor Anthony, an analyst for Topeka Capital Markets, during an appearance on CNBC's Squawk on the Street.
Facebook's volatile IPO was the result of no one knowing how to value the social network's 900 million users, according to a recent report by the Wharton Business School at the University of Pennsylvania.
Microsoft is going social with the latest rollout of its search engine Bing that makes Facebook its key component.