A new crop of companies entering the U.S. public markets, including such high-profile offerings as Facebook, are turning the clock back on the way U.S. corporations are run.
A new crop of companies entering the U.S. public markets, including such high-profile offerings as Facebook, are turning the clock back on the way U.S. corporations are run. Investors seems to be not very happy with the IPO.
Has Facebook, the No. 1 global social media site now seeking to go public, overlooked women, who constitute more than half of its 845 million members?
The California State Teachers' Retirement System, the second-largest largest pension fund in the United States, wants Facebook Inc to expand its board of directors and diversify a panel that has no women.
Each day Facebook serves as a procrastination tool for students struggling to write papers, office workers stranded at their desks, and social media junkies getting their fix. But what if posting on Facebook was your job? What if users made money based on all the content they generated for the interactive Internet community? After all, Facebook wouldn’t be worth $100 billion without its dedicated fan base of Web addicts.
Facebook founder Mark Zuckerberg may have set the record for being the youngest billionaire, but the company’s IPO might also put him in the books for paying the highest taxes. Since the 27- year- old entrepreneur plans to exercise stock options worth billions, his tax bill could reach as high as $2 billion.
Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.
Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.
Facebook's corporate governance rules, which give shareholders little say in how the social network would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.
In the weeks leading up to Facebook's $100 billion initial public offering, Mark Zuckerberg reportedly told Goldman Sachs, Morgan Stanley, JPMorgan Chase and the other banks involved in the action to stop leaking information to the media.
Facebook realized it needed to strike a more cooperative tone with Madison Avenue ahead of its initial public offering and the accompanying intense scrutiny on profit growth.
So much for Facebook fatigue.
From a safety pin vest, to a floral blazer, GQ's British magazine has deemed Chris Brown the world's worst-dressed man of 2012.
Moneyball' is far from the Best Picture favorite, but a strong contender among the underdogs.
Shares of Facebook were auctioned Thursday on the private site SharesPost that would value the entire company at $94 billion.
As Facebook filed for its initial public offering (IPO) on Feb 1, the letter to investors was also released. The most notable remark by Mark Zuckerberg is that Facebook was not originally created to be a company. It was built to accomplish a social mission - to make the world more open and connected.
With all the talk surrounding the Facebook IPO, besides Mark Zuckerberg, one other name stands out: Sheryl Sandberg. Sandberg is the company's chief operating officer and with the approximately $31 million she made last year, she is the highest-paid employee at the social networking site. Sandberg is a married mother of two who has an excellent academic track record.
New Hewlett-Packard CEO Meg Whitman, who takes a $1 annual salary, got stock options that could be valued as high as $16.1 million, the company’s proxy filing said.
As with most companies going public, Facebook's IPO filing Wednesday brought to light the company's financials and other astonishing revelations that could either make or break the multi-billion dollar business.
It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.
Sheryl Sandberg is the company's chief operating officer and the highest-paid employee at the social networking site, raking in a jaw-dropping $30.87 million last year.
So much for Facebook fatigue.A survey released on Friday shows that people who have used the social networking site over a long period - since its founding in 2004, say - show no sign that they are tired of posting pictures, updating weekend plans or just relaying random thoughts.
