Facebook Inc (ticker: FB) stock has been one of the market's hottest large-capitalization growth names for years now. Some trade groups estimate Facebook and Alphabet ( GOOG, GOOGL) accounted for 103 percent of ad spending in …
SAN FRANCISCO—WhatsApp founders Jan Koum and Brian Acton received 116 million shares of Facebook stock currently worth nearly $9 billion when they sold their unprofitable messaging service to the social networking leader …
Facebook stock has reached a new low following news that analysts at Bank of America/Merrill Lynch and Bank of Montreal have lowered their price target for the stock. “Revenue pressure from growing mobile usage, a larger-than …
Stockholders claimed the proposed non-voting stock shares, insulated from those sold on the public market, would have weakened stockholders' power irreparably within the company. Looks like Facebook CEO and co-founder Mark …
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The world's largest social networking site, Facebook, has announced plans for a stock market flotation. Facebook said it would seek to raise $5bn (£3.16bn, 3.8bn euros), about half the amount many analysts expected. But the initial public …
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After months of telling employees to disregard Facebook’s stock plunge, company founder Zuckerberg acknowledged to his troops earlier this month that watching the swoon has been “painful,” according to The Wall Street Journal. …
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 …
There’s been a lot of talk lately about big problems facing Facebook. Russia ads that tried to influence election outcomes. Fake news. Mark Zuckerberg’s tacky avatar “visit” to Puerto Rico after Hurricane Maria. But none of this matters to Wall ...
Much digital ink has been spilled of late regarding the exodus from big-cap tech stocks. I’ve certainly engaged in my fair share of analysis of the topic. But with money rotating back into the sector, I wanted to take a fresh look at technology …
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 …
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