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Facebook is taking a page from the 1960s and building a social media conglomerate

Also: Questions about the National Day of Honour, nuclear exercises in Russia and other top stories

Why this massive deal just might work out

Dangerous drinking game allows students to stand out

And why the social network isn’t going away

Glass ceiling meets silver screen thanks to Sony Pictures

Plus why young people see value in Snapchat, WhatsApp and Instagram

With shares trading around $46, the social media company has avoided a Facebook-like flop

Pipeline promises, more movement on Iran and mayhem at the Mohamed Morsi trial

Twitter move markets, but it can’t make money. That’s a problem if it wants to avoid a Facebook-like flop.