YourFacebookStuff - News, Apps, Security & More…

Congratulations Mark Zuckerberg and the team at Facebook (NASDAQ:FB)!

According to Forbes, Mark Zuckerberg and other elite Facebook insiders are cashing in on their shares while demand for the social network is at a frenzy. This week it was discovered that bankers will unleash Facebook shares at a higher price ($34 to $38 a share) than previously planned and that smart money insiders intend to sell more shares.

Yesterday Facebook announced that it had upped the amount of equity it could sell on its Friday IPO to a possible total of 484,418,657 shares. Executive officers and directors (which includes Zuckerberg, Sheryl Sandberg, Marc Andreessen, Jim Breyer, Peter Thiel and others ) could sell a total of 189,369,144 (or $7.2 billion if it goes off at the top of the price range).

Who will also be selling?

Tiger Global upped the number of shares it will sell to 23.4 million, from 3.4 million.

Mail.ru upped its planned sale to 19.6 million from 11.3 million.

Accel Partners now plans to sell 49 million shares, up from 38.2 million.

DST Group will sell 45.7 million shares, up from 26.3 million.

Goldman Sachs will sell 28.7 million shares, up from 13.2 million.

Greylock will sell 7.6 million shares, up from 7 million.

Peter Thiel will sell 16.8 million shares, up from 7.7 million.

These investors can turn their paper gains into hard cash. But insiders who don’t sell on Friday–and rich investors who bought shares of Facebook on secondary markets (like SecondMarket and SharesPost) have to wait a lot longer to cash out.

And it could be along wait. The hype is hot and the bar is high. Current Facebook shareholders will have to endure at least one quarterly report before they get liquid. If Facebook disappoints many paper gains (especially for accredited investors who bought shares on private markets for about $40 a pop) could turn into real losses.

Mark Zuckerberg has been inspired by his girlfriend Priscilla Chan to use Facebook as a tool to help raise awareness about the importance of organ donation. Chan, a medical student who is aspiring to be a pediatrician, shared stories with Zuckerberg about sick patients who are desperately waiting for organs.

One story in particular that touched Zuckerberg is about a young boy in need of a heart transplant. His skin had turned blue from lack of oxygen, but within weeks of receiving a transplant he was out again playing sports.

“How can that not make you happy,” he asked.

“Facebook is really about communicating and telling stories… We think that people can really help spread awareness of organ donation and that they want to participate in this to their friends. And that can be a big part of helping solve the crisis that’s out there,” Zuckerberg told ABC’s Robin Roberts in an exclusive interview at the company’s headquarters.

Starting today, users in the United States and U.K. will be able to add that they’re organ donors to their Timelines, and if they’re not organ donors, they can find links to official organ donation registries and instantly enroll.

“We want to make it simple,” said Zuckerberg. “You just put in the state or country that you’re from, so that we can help link you to the official registries.”
In the “health and wellness” section of users’ timelines, users can list their status as organ donors and explain the decision to their friends, in an effort to raise awareness about the need for donors.

More than 112,000 Americans are awaiting organs, and 18 people die every day from the lack of available organs, according to Donate Life America, a nonprofit alliance that is partnering with Facebook.

The technology behind the donation application, Zuckerberg said, is a “pretty simple thing.” But the ability to link people across hundreds of miles and save their lives? That, he called, “amazing.”

Both the company and organ donation advocates are hopeful the new tool could change the landscape of the organ donation process.

I think it’s possible that we will see an impact over the next couple of years, where we would imagine eliminating the transplant waiting list,” said Dr. Andrew Cameron, Transplant Surgeon at Johns Hopkins University School of Medicine.

Here’s how it works:

Microsoft (NASDAQ:MSFT) has agreed to sell 650 patents to Facebook (NASDAQ:FB) worth $550 million.

Facebook will open its pockets in exchange for various social networking patents that were registered by AOL (NASDAQ:AOL) and were later sold to Microsoft for $1.065 billion earlier this month.

The deal also leaves Microsoft with 275 of the original patents and applications it purchased from AOL. Microsoft will also retain a license to 650 of the patents and applications now owned by Facebook, in addition to the 300 or so AOL patents it gained a license to earlier. (more…)

Facebook for Android 1.9 includes performance improvements as well as shortcuts to share photos and messages faster.

Now you can share photos and messages right from your home screen. Messenger and Camera shortcuts will appear in your app tray after updating your Facebook for Android app. (more…)