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Facebook Chief Executive Officer Mark Zuckerberg is said to be putting millions of dollars behind an advocacy group backing immigration reform. Zuckerberg is joining forces with other tech executives to form an issues advocacy organization. The tech titan was among more than 100 tech CEOs to sign a letter delivered earlier this month to Obama, urging the president to sign legislation that would revamp the nation's visa rules and allow companies to bring more high-skilled workers into the United States. The Facebook co-founder, however, refused to be apart of an investigation that began in August 2011 where CNNMoney tried acquiring the statistics of diversity employment from 20 of the most influential U.S technology companies. Though most of the companies asked did not participate with the data they were able to find that ethnic minorities and women are generally underrepresented, particularly in management roles. White and Asian males often dominate their fields. So what's the read on all this?

In December 2012, Facebook was ordered to allow German citizens the option to register under false names instead of their real ones, if that was what they wanted to do. The country's Data Protection regulator, Thilo Weichert, issued the order, using strict German privacy policies as the foundation for the ruling. On Thursday Feb. 14, the Schleswig-Holstein administrative court in northern Germany ruled that Facebook's policy was not under the jurisdiction of German law, suspending the law. Weichert objected to the ruling and vowed to appeal the ruling. He said that companies shouldn't be allowed to object German law by basing themselves in other European countries. This ruling has been widely discussed by media.  How about a look at public opinion on it?

Instagram has been hit with a class-action lawsuit over the proposed changes to its user agreement. The civil lawsuit was filed Friday in the U.S. District Court for the Northern District of California. It accuses Instagram of violating the property rights of its users and breaching its existing terms of service. The lawsuit focuses on Instagram’s ownership of user images, even more so on when a user quits Instagram they lose ownership of their photos to the company. Yikes.  To the comment-arena now....

Facebook is finally seeing a turnaround in the stock market. The social media giant had its biggest day today since May after it reported better than expected earnings for the third quarter yesterday. This news gives hope to investors because it comes in light of what seemed to be the companies downward spiral. The shares went up from 11 cents to 12 cents a share. The company took in 1.3 billion in revenue which was up 32 percent from last year at this time. The increase can be attributed to the use of Facebook marketing on mobile devices which made up 14 percent of the total revenue. What are the masses saying about their favorite social media company now??....