Facebook is busy shopping ahead of its much-anticipated IPO. With its latest purchase — San Francisco-based, mobile marketing firm Tagtile —Facebook is clearly aiming to expand its mobile-savvy talent pool.The company provides mobile apps that allows businesses to market to customers based on their purchasing activity, including the frequency of customer visits at a store.The amount that Facebook paid for Tagtile is not yet known. But the deal comes on…

Most of Facebook’s revenue today comes from advertising, but the company is sitting on another huge opportunity: selling virtual and real-world goods through its payment platform. Today, Facebook submitted a third update to its IPO filing. Most of the new info related to legal matters, like the Yahoo patent suit. But there was one interesting business tidbit in there: Payments and other fees revenue increased to $557 million in 2011…

NEW YORK – It is said that it is better to give than to receive. That is not true for the average Facebook user, though. A new study has found that the average user of the world’s biggest online social network gets more than he or she gives. That means more messages, more “likes” and more comments. Yes, even more “pokes”. Behind all that is Facebook’s relatively small group of…

With Facebook’s S-1 filed with the Securities and Exchange Commission for what is set to be a blockbuster IPO worth at least $5 billion in May, Mark Zuckerberg is now firmly sitting among Silicon Valley’s top chief executives, if he wasn’t already. And, probably with that in mind, Zuckerberg is falling in line with a tradition among some of the valley’s top CEOs: a $1 annual salary. Zuckerberg received a $500,000 salary…

As it prepares for one of the biggest IPOs ever, Facebook is coming under the same fierce attacks being waged against other big technology companies: patent lawsuits. Last year, Facebook was named as a defendant in 22 lawsuits accusing it of patent infringement, double the number from 2010, according to a Reuters analysis of court documents on legal database Westlaw, a Thomson Reuters unit. Among the lawsuits is one alleging…