Troy Stratos, the self-described entertainment entrepreneur and globe-trotting businessman, was found guilty Tuesday in federal court in Sacramento of concocting an $11 million fraud involving Facebook stock. Stratos, 49, whose taste for …
Facebook shares have now fallen roughly 20% since the social network reported results May 1. Two upbeat broker notes published this week –- one from Goldman Sachs and another from Piper Jaffray –- didn’t do much for the stock which is …
Facebook chief executive Mark Zuckerberg has abandoned plans to create a new class of company stock. A group of investors had sued over the proposal, which would have allowed Mr Zuckerberg to retain voting control of Facebook but …
Tough morning for The Zuck -- after a lackluster debut ... Facebook stock is sinking like a stone this morning ... down more than 11% from its opening price. As of 7:32 AM PDT ... FB had fallen to $33.97 per share ... down $4.26 from its …
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It’s a great time to be a Facebook employee – at least, one with a stake in the company. Google’s initial public offering in 2004 turned hundreds of Googlers into instant millionaires thanks to stock options that soared in value. The same will …
On Friday, Facebook’s stock price closed at $18.06, putting the stock at less than half than the stock’s opening initial public offering (IPO) price of $38. That marks the furthest the stock price has fallen since May 2012, when the company …
New York: Facebook Inc. shares staged a strong rally on Thursday, buoyed by news of stronger-than-expected profits and sizzling gains in mobile ad revenue. Surge in revenue from members accessing Facebook from smartphones or tablet …
Facebook Inc's Messenger has more than 1 billion users, the social media company said on Wednesday, making it one the world's top three apps just two years after it was split off from Facebook's main app, which is by far and away the …
Read, listen and learn English with this story. Double-click on any word to find the definition in the Merriam-Webster Learner's Dictionary. This is the VOA Special English Economics Report. Facebook is the world’s biggest social …
FACEBOOK Inc's stock has taken a hit after an article in the financial magazine Barron's said it is "still too pricey" despite a sharp decline since its initial public offering. Though Facebook's stock has plunged since its …