Thanks to a Facebook founding friend, Barack Obama now has well over one million Facebook supporters.

Don’t bother reading the Rolling Stone story (dated June 26) on Mark Zuckerberg and “The Battle for Facebook.” It has been done before. And better.

Sarah Lacy reports on technology for Business Week, but on Sunday, technology was her worst enemy.

As she interviewed Facebook founder Mark Zuckerberg at the South by Southwest Interactive Conference and Festival, the audience was reporting on her questions and style by using Twitter, and their reviews weren’t good.

Being pursued by Microsoft hasn’t deterred Yahoo from its own pursuits of smaller fry.

Yahoo announced yesterday that it had paid $160 million for Maven Networks, a firm that sells video-management systems for online advertising. Maven’s customers include such major media outfits as Gannett, Scripps and Fox News.

Writing the first draft of history is always perilous.

In September 2004, in a story about a then new lawsuit that accused Mark Zuckerberg of stealing the idea for Facebook from fellow Harvard students, The Boston Globe wrote: “There isn’t much money at stake.”

Oops.

Today Facebook is valued on paper at $15 billion or so, making Zuckerberg’s 20 percent stake worth $3 billion. The 23-year-old is well on his way to becoming the second richest Harvard dropout in history, behind Bill Gates, the founder of Microsoft.

Despite losing to Microsoft in its bid for a piece of Facebook, Google isn’t giving up on social networks.

The behemoth of search is partnering with other tech companies and social networks to develop a competing approach called OpenSocial. The open-source technology will enable developers to write applications that can be used on many sites, including partners in the project, such as LinkedInand Friendster.

He claims he IS America in the title of his best-seller, I Am America (And So Can You!). So why is it so surprising that Stephen Colbert has announced he’s running for president?

For starters, Colbert is running only in South Carolina. And he’s a comedian.

As baseball managers know, life isn’t always fair.

You put the team together, you make the key decisions, and the people who work for you make the big bucks.
The analogy isn’t exact, but something like that is happening at the U.S. Supreme Court, which opened its 2007-08 term on Monday.

The nine justices make the decisions. And for this they get paid fairly well, $212,000 for Chief Justice John Roberts, $203,000 for the eight associate justices.