Facebook shares are trading publicly for the first time ever today, and so far, we’re seeing small fluctuations in share price.
As of 11:30 Eastern time, trading had commenced at $42. Throughout the mornings, shares traded between $40 and $41. …
Facebook co-founder Eduardo Saverin hasn’t seen the best publicity lately following the renunciation of his U.S. citizenship, but he took the time last night to congratulate Mark Zuckerberg on his impressive run.
“On the eve of the Facebook public float, …
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We’ve spent hours talking to and corresponding with analysts and VCs about the Facebook IPO over the past few days, and we couldn’t resist asking each of them a rather personal question: Expert commentary aside, would they, themselves, be buying …
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What were you doing at 9:30 a.m. Eastern? You certainly weren’t ringing the NASDAQ’s opening bell as Facebook CEO Mark Zuckerberg was doing. But what Zuck did simultaneously is perhaps even cooler.
To celebrate the once-in-a-lifetime, historic moment, Zuckerberg posted …
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The timing couldn’t have been worse. On the week of its IPO, Facebook saw one of its largest advertisers, General Motors, get up and leave the table, likely taking millions of dollars with it.
The move prompted a swirl of …
On the eve of the largest technology IPO in American history, the company at the center of all the hoopla is celebrating in a geeky-chic style emblematic of its eight-year history.
Friday morning at 6:30 a.m. Pacific, Facebook CEO Mark …
Facebook has priced its shares at $38 and will raise up to $18.4 billion in the largest technology IPO in U.S. history. Those who don’t want to miss a single moment of the watershed occasion are in luck, as the …
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Status update: Facebook has priced its shares at $38 apiece and will raise $16 billion (up to $18.4 billion with its over-allotment option) tomorrow in its long-awaited initial public offering on the NASDAQ, the company has confirmed.
At $38 per …
To prove that the “Hacker Way” is alive and well at Facebook, the social network will be hosting an all-night, employee hackathon at its Menlo Park campus and satellite offices.
The event, dubbed Hackathon 31, is especially significant for the …
Sparked by Facebook co-founder Eduardo Saverin’s renouncement of citizenship, two U.S. Senators are planning to unveil a new plan focused on preventing the super rich from dodging taxes.
Saverin has been taking quite a bit of heat over dropping his …
Turns out GM might have been on to something. New research from marketing agency Greenlight shows 44 percent of Facebook’s users say that they will “never” click on sponsored posts or display ads on Facebook.
UPDATE: Facebook sets $38 share …
Facebook co-founder Eduardo Saverin is taking quite a bit of heat for renouncing his U.S. citizenship prior to the social network giant’s estimated $100 billion IPO this Friday. And after apparently growing tired of people painting him as greedy, he’s …
Facebook is getting ready for what may be history’s largest initial public offering for a tech company on Friday. But is it really a good business?
Maybe not, say an increasing number of critics, who point to how Facebook ads …
Facebook’s IPO is being heralded in rather vague terms as the biggest tech IPO in history. But this initial public offering actually does break a few records, and not just in the tech sector.
This week, Facebook’s IPO will be …
Facebook’s initial public offering just keeps growing. The social network announced this morning via an amended S-1 filing that it will add around 84 million shares to its IPO, an increase of around 25 percent.
Come Friday, when the company …
General Motors plans to stop running ads on Facebook after the company assessed its social ads were not effective, according to a Wall Street Journal report.
While GM did not outright confirm the news, GM marketing chief Joel Ewanick told …
People often say Silicon Valley is not like the rest of the world. We’re more tolerant of failure, embrace risk-taking more eagerly, get more enthusiastic about technical solutions, and have a huge, deep pool of engineering and marketing talent to …
The Internet is abuzz over the appearance of 50.6 million extra Facebook shares potentially up for sale, as listed in the company’s seventh amendment to its S-1 document.
Potentially is the key word as these shares are simply part of …
Facebook users don't trust the company with their private data, rarely click on display advertisements, and split on the social giant's investment status prior to the impending IPO, according to a new poll conducted by CNBC and the AP.
Facebook is likely preparing to increase its starting price for shares of Facebook stock. The previously announced price range was $28 to $35; new reports are pegging the starting price range between $35 and $40.
UPDATE 6:45pm Pacific: The Wall …
