One value of going public for any company is to raise cash as well as mint new shares for acquisitions. Facebook (Nasdaq: FB)?s $16 billion initial public offering was no exception.
Pakistan Sunday blocked Twitter in response to the micro blogging website's inability to remove the blasphemous content posted by its users.
A day after Facebook went public, its co-founder and CEO Mark Zuckerberg Saturday updated his relationship status to married. Zuckerberg had an eventful timeline this week with the addition of two events - Facebook IPO Friday and his wedding with his longtime girl friend Saturday.
Facebook co-founder and CEO Mark Zuckerberg wed longtime girlfriend Priscilla Chan Saturday, announcing the nuptials through a status update on the social networking site.
The General Motors Co. (NYSE: GM), the largest U.S. automaker, said Friday it will not advertise during the broadcast of the 2013 Super Bowl as it shifts its advertising strategy, according to the Wall Street Journal.
World stock markets fell Friday, slammed by ratings cuts for Greece and five of its banks, which were announced ahead of a crucial Group of 8 summit this weekend. While Facebook's much-anticipated initial public offering provided a temporary distraction for traders, its first-day performance concluded with more of a whimper than a bang.
Time to update his Facebook relationship status; Al Gore has a new girlfriend. Former vice president Gore, 64, is dating serious girlfriend Elizabeth Keadle. Gore separated from his wife Tipper in 2010 after over 40 years of marriage and four children. The announcement of a new girlfriend comes just two years after their split with no reports about a coming divorce.
As soon as Facebook went public Friday, co-founder Mark Zuckerberg became an instant multi-billionaire.
Facebook has become a showcase for vulgar narcissism and voyeurism.
It?s not just Mark Zuckerberg whose shares of Facebook (Nasdaq: FB), the No. 1 social network, became more valuable on Friday. U2's Bono is also smiling.
Morgan Spurlock's new film Mansome is a major departure for the documentary filmmaker. In his previous films, such as Super-Size Me and Where in the World is Osama Bin Laden, he put himself in undesirable circumstances for the purpose of educating the public. For Mansome he takes less personal risks and focuses on the opinion of today's top comedians.
It took Facebook a little over eight years to go from fledgling Internet startup to a $114 billion company. Here's a timeline of the social network and how it got to where it is right now:
The U2 front man is a partner in Elevation Partners, a private equity firm that owns a little more than 2 percent of Facebook. That's $1.3 billion, but not all of that money may be Bono's.
Shares of Facebook (Nasdaq: FB), the No. 1 social network that raised $16 billion in its initial public offering, the biggest in Internet history, soared more than 10 percent but closed up by only a fraction.
Investors in Facebook Inc. (Nasdaq: FB), the No. 1 social network, got their first chance on Friday to gauge reaction to its $38-a-share public offering price that initially had valued the company at $104 billion.
Futures on major U.S. indices point to a slightly higher opening Friday ahead of the commencement of public trading of Facebook.
Facebook may only have itself to blame for why General Motors rained on its IPO parade this week.
Legendary disco singer Donna Summer died Thursday morning at the age of 63, sources from the Summer family told The Associated Press. The singer lost her battle with lung cancer, a struggle that she kept very much out of the public eye. She will forever be remember for her iconic disco songs that shaped a generation of music. Here is a video compilation of her best songs.
Facebook (Nasdaq: FB), the No. 1 social network, raised $16 billion in its initial public offering, the biggest in Internet history, valuing its shares at $38.
Social network and scrapbook website Pinterest said it took in $50 million from Japan?s Rakuten (Tokyo: 4755) empire, which valued the four-year-old company at $1.5 billion.
Investors who want Facebook shares when the social network goes public may have lost the opportunity. Some brokers have stopped accepting orders.
A day before Facebook (Nasdaq: FB), the No. 1 social network holds its initial public offering, its 33 underwriters boosted the number of shares for sale by 25 percent, potentially valuing the deal as high as $19 billion.
![Facebook Hangers Show What Clothes People "Like" in Real-Time [PICTURES]](https://d.ibtimes.com/en/full/689412/facebook-hangers-show-what-clothes-people-quotlikequot-real-time-pictures.jpg?w=670&h=447&f=1e2fad35e854b3555b4dc0abbba1cd4a)
