Michael Corey Rodgers, of Plantation, and Jonathan Hirsch, of Fort Lauderdale, are accused of defrauding investors of more than $150,000 of private shares of Facebook before the highly anticipated initial public offering of stock. They …
Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain control over the company he founded while fulfilling …
The latest on developments in financial markets (All times local): 4 p.m. Major U.S. stock indexes are closing at more record ... Apple rose 1.9 percent and Facebook rose 1.8 percent. Medical device maker Medtronic climbed 4.8 percent …
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 …
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 …
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 …
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 …
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 ...
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. …
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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