- Facebook Rival GREE Acquires Mobile Developer App Ant Studios To Capture US Mobile Market
September 17 2012 4:18 PM
GREE (TYO:3632), Japan's $4.7 billion online media giant and regional rival to U.S.-based internet companies like Facebook Inc. (Nasdaq: FB) and Zynga Inc. (Nasdaq: ZNGA) stepped further into America soil on Monday with another developer acquisition, this time of California-based mobile game developer App Ant Studios.
- Technology Focus: Zuck's Good Week Without Changing Name To 'Facebook Mobile'
September 16 2012 10:02 AM
Facebook (Nasdaq: FB), the No. 1 social networking site, had a good week: its shares vaulted 15 percent after CEO Mark Zuckerberg appeared at a forum in San Francisco where he acknowledged mistakes. Now, with Instagram tucked in and commitments for search and mobile, is it a time for another look at half price?
- Facebook Ad Exchange Boasts Massive Return On Investment; Is The Social Network Finally Ready To Take On Google?
September 13 2012 4:26 PM
Facebook (Nasdaq: FB) experienced a brief respite this week following several weeks of dismal business prospects and plummeting share prices. Launching an initial beta mode of its new advertising system known as Facebook Exchange Facebook Exchange (FBX), advertising partners revealed good news that might finally reverse the SanFrancisco-based social media giant's post-IPO fortunes: Facebook is now better at gathering advertising clicks from web users than its fellow internet giant and chief r...
- Zynga (ZNGA) Stock Price Jumpstarted By Mark Zuckerberg’s Facebook Comments
September 12 2012 10:58 AM
In his first public appearance following his social media company's disastrous IPO in May, Mark Zuckerberg's address at Tuesday's TechCrunch Disrupt helped boost the shares price of Facebook's (Nasdaq: FB) close partner Zynga (Nasdaq: ZNGA), which has retained its prominence on the social network's app marketplace despite continuing financial woes and a seemingly endless round of executive departures. Zynga reached a recent stock high in mid-morning morning trading on Wednesday, f...
- Pre-Market Movers (Alcatel, Nokia, Sohu.com, Facebook, Barclays, Cognizant, Morgan Stanley, Apple, Banco Santander)
September 12 2012 6:36 AM
Alcatel Lucent SA, Nokia Corp, Sohu.com, Facebook, Barclays, Banco Santander, Cognizant Technology Solutions Corp, Morgan Stanley and Apple Inc. are among the companies whose shares are moving in pre-market trading Wednesday.
- Mark Zuckerberg Aligns Facebook Story With Mobile, Search; Manages To Reverse FB Scrip Fortunes
September 12 2012 5:22 AM
Facebook scrip (FB) seemed to rise against the tide as it posted a gain of 3.30 percent or 62 cents to end at $19.43 Sept.11, after its shares recorded a fall of over 2 percent in early Sept.10 trade before recovering to close $18.79, down 19 cents or 1 percent. The revival despite Co-founder Dustin Moskovitz selling shares stemmed from CEO Mark Zuckerberg's assurance to revive Facebook growth story and align services toward mobile and search functions.
- Top After-Market Nasdaq Movers (Accuray, Digital Generation, Santarus, Facebook, Applied Micro Circuits, Globecomm, Xyratex, Education Management, STEC, Lattice)
September 12 2012 2:13 AM
The top after-market Nasdaq gainers Tuesday were Accuray Inc, Digital Generation Inc, Santarus, Facebook Inc and Applied Micro Circuits Corporation. The top after-market Nasdaq losers were Globecomm Systems, Xyratex Ltd, Education Management Corporation, STEC Inc and Lattice Semiconductor Corporation.
- Instagram 'Killing It' With 100 Million Users, Mark Zuckerberg Announces
September 11 2012 6:04 PM
The photo-based social network Instagram saw its 100 millionth user join the site on Tuesday, according to Mark Zuckerberg, the CEO of Facebook, which purchased Instagram for $1 billion in April.
- Facebook Shares Fall Again As Co-Founder Moskovitz Sells More
September 10 2012 11:08 AM
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, fell more than 2 percent in early Monday trading after co-founder Dustin Moskovitz disclosed he’s dumped more shares, a week after the Menlo Park, Calif., company tried to erect a firewall by announcing buybacks and other measures. The latest sales came after Moskovitz dumped about a million shares in August.
- Pre-Market Movers (Nokia, Procter & Gamble, Facebook, Abercrombie, Citigroup, Telefonica, Groupon, ArcelorMittal, ABB)
September 06 2012 6:26 AM
Nokia Corp, Telefonica, ABB Ltd, Procter & Gamble, ArcelorMittal, Facebook, Abercrombie & Fitch, Citigroup and Groupon Inc are among the companies whose shares are moving in pre-market trading Thursday.
- Facebook Firewall: No-Sell Pledge By Zuckerberg Boost Shares
September 05 2012 8:41 AM
A firewall set up late Tuesday by Facebook (Nasdaq: FB), the No. 1 social networking site, appears to be holding: shares rose 45 cents to $18.17 in early Wednesday after CEO Mark Zuckerberg promised not to sell any more shares for at least a year.
- Facebook Stock Prices Swing Amid Mark Zuckerberg's Reassuring Vows To Boost Investor Confidence
September 05 2012 7:35 AM
Facebook's (FB) stock continued to witness swinging fortunes as its prices hit an all-time low of $17.55 Tuesday before closing at $17.72, almost 1.82 percent lower than the previous close. Amidst the fluctuating fortunes, CEO Mark Zuckerberg declared that he would not sell any shares at least for another one year.
- Facebook Co-Founder Dustin Moskovitz Sold 450,000 Shares, But Won't Be Selling Himself
August 27 2012 3:57 PM
Facebook Inc. (Nasdaq: FB) co-founder Dustin Moskovitz has sold 450,000 shares of his old company for around $8.7 million, according to a regulatory filing, but when it comes to his own ventures, expect him to remain independent.
- Facebook Wins FTC OK For Instagram Purchase
August 23 2012 9:28 AM
The U.S. Federal Trade Commission has approved the acquisition of private Instagram of San Francisco by Facebook (Nasdaq: FB), the No. 1 social networking site, the companies said. Originally priced at $1 billion, the value of the deal has shrunk to only about $750 million because of the slide in Facebook shares.
- Facebook IPO: ‘Social Media’ Becomes Anti-Social For Investors
August 22 2012 3:14 PM
The good news for investors in Facebook (Nasdaq: FB), the No. 1 social networking site, is that the shares didn’t set a new, post-initial public offering low on Wednesday. But they have come close, trading as low as $18.96 before recovering to $19.40, up 24 cents in late trading.
- Winners and Losers: Facebook Half Off, Corzine Survives
August 17 2012 6:16 PM
IBTimes' weekly roundup of winners and losers in the world of business.
- Facebook Plunges At Opening As Insider Lockups End
August 16 2012 9:40 AM
Shares of Facebook (Nasdaq: FB), the No. 1 social networking site, plunged more than 5 percent when the market opened Thursday, as insiders were free to unload as many as 241 million shares.
- Facebook’s Lockup Ends: 5 Things To Know
August 16 2012 6:23 AM
Thursday frees holders of as many as 271 million shares of Facebook (Nasdaq: FB), the No. 1 social networking site, to sell them for the first time since the first-day trading fiasco on May 18, when shares that had been priced at $38 first traded at $42.05, then didn’t trade for 30 minutes and closed at $38.23.
- App.Net: Do People Really Want A Paid Twitter Alternative?
August 13 2012 11:28 AM
Dalton Caldwell, the digital entrepreneur who sometimes enjoys writing angry open letters to Mark Zuckerberg, believes people would prefer a paid version of Twitter where they're not constantly sold to by advertisers, but one where developers and the users are the center of the social experience. Caldwell said he was "inspired to build exactly the service I wanted manifested myself," which he calls App.Net. Now that he's successfully raised his funds, here comes the tough part: Makin...
- Topless Photo Of Mark Zuckerberg Goes Viral, Shows Facebook CEO Cutting Loose
August 11 2012 8:52 PM
In one of the more bizarre stories about the tech world this weekend, a topless photograph of Facebook co-founder Mark Zuckerberg has emerged online. The picture, depicting Zuckerberg and several other shirtless men at a party, was apparently posted online by accident. Check it out.