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Apple rockets toward top of Fortune 500

Apple has shot up to sixth place in the Fortune 500, Fortune announced today.

The iPhone maker's strong showing in the Fortune 500 is a dramatic rise from its 17th-place ranking in 2012. In sixth place, Apple is the highest-ranking technology company in a list topped by Walmart. Major oil companies, including Exxon Mobil and Chevron, along with Berkshire Hathaway, separate Apple from the top spot.

Another notable mention -- Facebook has for the first time made the Fortune 500. The company was previously ranked 598, but this year, it was able to take the 482nd spot in Fortune'… Read more

Can Facebook lead to psychosis? One study says so

Sometimes, normal humans take a liking to clinical terms and adopt them.

You go out on a date, and when your friends ask how it went you reply: "Oh, she's psychotic." Or perhaps: "He's delusional."

The justifications for such adjectives being used might be simple.

In the former case, the lady might have asked, just as the main course plates were cleared away, where the gentleman thought the relationship was going. This was after having described the details of her previous 17 relationships.

In the latter case, the gentleman might have talked about himself … Read more

Facebook settles with Timelines Inc.

Facebook has finally put to bed a 19-month legal battle with Timelines Inc., the Chicago company that was suing the social network for trademark infringement.

Facebook said Thursday in its 10-Q quarterly report filed with the Securities and Exchange Commission that it had reached agreement with Timelines Inc. to settle the dispute. The social network did not disclose the terms of the settlement, but indicated that the cost was not material to its business.

Timelines Inc. filed suit against Facebook in September 2011 after the social network unveiled that its new member profiles would be called Timelines. Facebook sought to … Read more

Avast targets Facebook and VPN

Yesterday, Avast Software made news with its acquisition of privacy company Secure.Me, a small developer best known for its Facebook apps of the same name. Secure.Me protects users' Facebook accounts, monitoring all activity and photos, detecting malware links, and identifying content that is questionable or unsuitable for children.

Today, Avast makes news again with a minor update to its complete suite of Windows security applications--Avast Free Antivirus; Avast Pro Antivirus, Avast Internet Security, and the full monty, Avast Premier.

Avast version 8.0.1488.286 fixes some bugs in the interface, adds a progress bar to the … Read more

Hate Facebook mobile ads? Now you can hide them

Facebook is letting mobile users hide ads in their News Feeds, the company confirmed today.

This applies to the ads that Facebook Pages share featuring photos or links, and is available on iOS, Android, and the mobile Web (Pages are Facebook profiles for brands or public figures). The feature, which was already available on the desktop, has been live for about six months now, according to a representative. Just click the "x" button in the top right of the advertisement.

The Atlantic noted this change after writing an article about how annoying the Facebook mobile ads were.

Additionally, … Read more

With 'Photos of You,' Instagram embraces people and brand tags

Following the lead of its social-network owner, Instagram today introduced a new photo-tagging feature to let members add people, things, and brands to the photos they upload and share on the service.

The new feature, called "Photos of You," is essentially the photo-sharing service's colorful interpretation on tagging.

App users can tag any Instagram account in their shots -- be it a friend, cat, or burger joint -- during the photo upload process. Those tagged in photos receive notifications and can choose whether to publicly display the images on their own Instagram profiles in a new section … Read more

Facebook puts account security in the hands of your friends

The next time you're locked of your Facebook account, one of your besties can loan you the key.

Facebook today released a security feature called "Trusted Contacts" as an optional way for people to recover their passwords with the help of their closest friends. Thursday marks the global rollout of the redesigned feature, previously named Trusted Friends, which the company first started testing back in 2011.

With Trusted Contacts, you can pick three to five friends you trust to help you get back into your account the next time you're having trouble logging in. Should a … Read more

Zuckerberg's steady hand paying dividends in latest Facebook earnings

When Facebook CEO Mark Zuckerberg and his top lieutenants talked with Wall Street analysts Wednesday perhaps the only real surprise was that there were no surprises.

Facebook, it would appear, has blossomed into your average public company with a steadily growing business. Its formidable captain, who has been able to right a ship that was all but upside down just one year ago, now looks the only man for the job.

The social network had a solid quarter with revenue of $1.46 billion, good enough to beat analyst estimates. It posted acceptable, though not great, earnings per share of … Read more

Facebook's Q1 by the numbers

Facebook's Q1 results are in and there's food for both bulls and bears to chew over. One bullet point in particular stands out: The number of people using the social network via smartphones and tablets soared 54 percent from a year earlier. Here's the year-over-year comparison to the same quarter in 2012. (We'll update the stats after Facebook's conference call gets underway this afternoon.)

Daily active users: 665 million, up 26 percent Monthly active users: 1.11 billion up 23 percent Mobile monthly active users: 751 million, up 54 percent Instagram: 100 million monthly active … Read more