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Facebook News
2012-05-23
(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange.
2012-05-23
(Reuters) - As Facebook officials traveled the country to talk up the company's $16 billion initial public offering this month, the social networking giant advised analysts for underwriters to reduce revenue and earnings forecasts, said people ...
2012-05-23
SAN FRANCISCO (Reuters) - Facebook Inc has agreed to settle a lawsuit that alleged the site's "Sponsored Stories" feature publicized users' "likes" without compensation or the ability to opt out, according to a court document filed on Tuesday.
2012-05-23
Just days before Facebook went public, some big investors grew nervous about the company's prospects. After publicly warning about challenges in mobile advertising, Facebook executives held conference calls to update their banks' analysts on the ...
2012-05-23
Google co-founder and CEO Larry Page appeared on "Charlie Rose" Monday, and it was obvious something has been bothering him: Facebook. After announcing his excitement over Chrome becoming the most used web browser in the world, Page spoke about ...
2012-05-22
(Reuters) - Some investment funds have paid a price for their friendship with Facebook since the social networking giant went public last week. Firsthand Technology Value Fund and GSV Capital Corp, two closed-end funds that bought shares of the social ...
2012-05-22
Maybe what Facebook really needs is a "buy" button. After a lifeless opening last week, Facebook shares tumbled on their second day of trading, losing about $10 billion in market value Monday as investors questioned the company's revenue prospects.
2012-05-23
NEW YORK (Reuters) - Not a single shareholder asked a question at Nasdaq OMX's annual meeting on Tuesday, just days after the exchange operator bungled Facebook's widely anticipated market debut, which helped launch the new stock into a three-day slide.
2012-05-22
Facebook shares are melting down again on Tuesday, and though the rest of the stock market doesn't seem to care, it should: This episode will likely further cement Main Street's hatred and distrust of Wall Street. That's because the Facebook IPO ...
2012-05-23
What does this much-ballyhooed Facebook IPO amount to? I stand by my statement that if Mark Zuckerberg isn't spirited up to heaven on the wings of hippogriffs, it is a disappointment. Still, before you know it, there are going to be almost half ...
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