Although many users don't care to think about it, in order to execute the above tasks, Facebook, as well as other social networks, are collecting huge amounts of personal information and distributing it faster than ever before. But what happens with all of that information that makes it possible for you to find old classmates or see ads for things you actually want to buy?
Two weeks from now, management at Facebook (Nasdaq: FB), the No. 1 social network, will likely be partying. CFO Dave Ebersman probably will be tallying up at least $6.3 billion in cash from its initial public offering.
Eduardo Saverin is just one of four co-founders of the social-network powerhouse that is Facebook. But what makes Saverin so unique, among other qualities, is that while he is the only co-founder to have no decision making power in the company, he still owns less than 5 percent of Facebook's shares and has a net worth of $2 billion.
Facebook (Nasdaq: FB), the No. 1 social network, has decided to pitch its initial public offering of 337.4 million shares at $35 apiece, which could raise as much as $13.6 billion, assuming over-allotment options.
Facebook, the 901-million-member social network priced its initial public offering at $35. It could be the biggest-ever IPO.
As a result, the San Francisco company?s IPO could raise the $5 billion as outlined in the latest amendment to its IPO filed with the U.S. Securities and Exchange Commission on April 23.
The IPO on everyone's minds for the past few years -- and possibly the biggest one in history -- is upon us: Facebook will finally make its Wall Street debut on Friday, May 18, 2012. Sources also say Facebook will begin its IPO roadshow on Monday, May 7. Will Mark Zuckerberg enjoy the biggest IPO in history?
Facebook is likely to begin its IPO roadshow next week, which would confirm several reports that the company will premiere on the public market sometime in mid-May.
Facebook added another item to the myriad of things you can share over the social networking site: your organs. CEO Mark Zuckerberg announced users can share their organ donor status or sign up through the social networking site.
Mark Zuckerberg joined Viddy, the short video-sharing app that places an emphasis on effects. The company recently began raising funding in a Series B, which aims to put the company at a $370 million valuation.
On Monday, ABC News released a teaser for an upcoming Good Morning America exclusive with Facebook founder Mark Zuckerberg, who invited GMA's Robin Roberts to Facebook's headquarters in Palo Alto to share a feature that could save lives.
Assuming the $77 billion initial public offering by Facebook is approved, investors will likely clamor for shares just as in earlier web frenzies for Netscape Communications, Yahoo (Nasdaq: YHOO) and Google (Nasdaq: GOOG).. But dangers loom.
Facebook’s $1 billion deal to acquire Instagram may have resulted in pushing the initial public offering price for the No. 1 social media network even higher.
As U.S. taxpayers complete their income tax forms, few had as good a 2011 as new Apple CEO Tim Cook, whose compensation now is valued above $600 million.
Facebook has signed on in support of the Cyber Intelligence sharing and Protection Act (CISPA), a controversial new Internet privacy bill would make it easier for government intelligence agencies and private firms to exchange information regarding potential and emerging cyber-security threats.
Google (Nasdaq: GOOG), the No. 1 search engine, announced an unusual stock split Thursday when it published its first quarter financial results. In effect, it will trim the stock’s price from its current $651.01 in half, while doubling the number of shares.
Rooney Mara, known for her role as leather-wearing Lisbeth Salander in The Girl with the Dragon Tattoo, has updated her look for a role in a new film with blonde hair extensions.
Facebook buys Instagram for $1 billion in cash and stock. For those who don't want to use Instagram anymore, we've found the 5 best alternatives to Instagram that will allow you to edit and share your photos while maintaining your privacy.
In the wake of announcing Facebook will be acquiring Instagram in a billion-dollar deal, Instagram’s new Android app surged to 5 million downloads little more than 5 days.
The Facebook-Instagram deal announced on Monday is just one in a long succession of ill-advised tech company acquisitions.
Facebook Inc, preparing what would be Silicon Valley's largest IPO, has picked Nasdaq over the New York Stock Exchange for its listing in a major victory for the technology-laden U.S. bourse, a source familiar with the situation said on Thursday.
Facebook fired back on Tuesday in its legal battle with Yahoo by accusing the Web pioneer of infringing 10 of Facebook's patents, according to a court filing.
