UPDATE: This post has been updated to incorporate comments from Jim Breyer and other minor changes. Cash is good, and Facebook, following its $240 million investment from Microsoft, now has plenty of it. It might have much much …
Facebook CEO Mark Zuckerberg says it is “disappointing” that the stock has dropped as much as it has but said that the company’s mobile strategy that will guide its growth is “misunderstood.” “The performance of the stock has obviously …
Wall Street seems to like Facebook's phone more than they liked Graph Search. Facebook stock shot up by more than 3% on the day following Facebook's phone event, rising above $27 a share for the first time since mid-March. The …
Facebook CEO Mark Zuckerberg is fond of telling his cohorts that their journey is only one percent finished. Even if you quibble about the exact percentage, he’s right that his company’s vision is boundless and that the service, in its current ...
Two lawyers who in 2011 worked with the recently convicted con man Troy Stratos wrote a check from an account the fraudster set up to facilitate a pre-IPO Facebook stock scam — money that went to a victim of an earlier fraud, a victim …
Rising retailers pushed U.S. stock indexes further into record territory on Friday, as the market's fabulous start to 2018 carried through its second week. The Standard & Poor's 500 index rose 18.68 points, or 0.7 percent, to 2,786.24. The …
As the tech sector looks to quickly shrug off its recent volatility, shares of social media behemoth Facebook FB gained more than 1.2% in morning trading on Monday. The stock is now sitting comfortably near the top of its 52-week range, …
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Facebook is again throwing money around to get a leg up on the competition. The social network is reportedly buying
SAN FRANCISCO—Facebook resumes trading on Wall Street on Monday with shares being closely watched to see how well they stand on their own after stumbling out of the gate in a historic but lackluster debut. Second-guessing …