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Facebook Stock Tumbles Below IPO Price, Why Insiders Say More Losses To Come
Facebook's stock tumbled down past its offering price in morning trading on Monday, May 21, and stayed below that level, following a less than stellar debut. Wall Street insiders are attacking the much-hyped social network stock saying that they essentially scared away investors.
Microsoft Social Network So.cl Launches, ?Doesn?t Seem To Be Built For Mass Appeal,' Critics Say
In the era of emerging social media platforms, it may seem as if all forms of virtual communication have been covered. With Facebook and Twitter spearheading the social media scene, cyber networking offshoots have formed to cater to specific needs such as Pinterest and LinkedIn. Now it seems that Microsoft is looking to develop the social media landscape even further with its latest creation called So.cl.
Did Mark Zuckerberg And Priscilla Chan Sign A Prenuptial Agreement? Details On How A Facebook Divorce Would Split Assets
In the case of a prenuptial agreement, Mark Zuckerberg and Priscilla Chan would have agreed exactly how to split assets, which obviously includes Facebook stock.
Robin Gibb Dead: Best Bee Gees Songs of All Time [VIDEOS]
Robin Gibb has died after a long battle with liver and colon cancer, his spokesperson has confirmed. He was 62 years old.
Facebook Hangers Show What Clothes People Like In Real-Time [PICTURES]
When you walk into a clothing store, how can you tell which items are actually popular with previous or would-be customers? Brazilian fashion retailer C&A has the answer: Clothes hangers that leverage the 900 million-plus users on Facebook to show who likes a particular item.
?Bachelorette? Emily Maynard Talks Daughter Ricki, Hot Tubs And Being Called Boring [PHOTOS]
Bachelorette Emily Maynard is ready to find love. The 26-year-old North Carolina native stars in the new season of ABC's hit dating show, The Bachelorette, and has put her heart on the line to finally find the man of her dreams. I had a million reservations about being the Bachelorette, Maynard told Reality TV World. You know, they had asked me to do it previously and I said no to anyone who would listen. I told everybody I would never do it -- never in a million years......
The Great Googamooga Festival Photos: Food, Drink And Lines In Brooklyn
The Great Googamooga festival takes over Brooklyn's Prospect Park.
Facebook Shares Plunge As Much As 13% In Monday Trades
Shares of Facebook (Nasdaq: FB), the No. 1 social network, plunged more than 13 percent when markets opened Monday, lowering the company?s value by about $8 billion.
Facebook IPO: Now That You Own Shares, 3 Key Signs To Look For
Shareholders of Facebook (Nasdaq: FB), the No. 1 social network, are set to get the shares Tuesday, following Friday?s tumultuous first sales after the $16 billion initial public offering.
Aimee Copeland: Georgia Woman With Flesh Eating Bacteria Disease In Critical Condition
Aimee Copeland, a Georgia woman fighting a flesh-eating bacterial infection was in critical condition at Augusta Hospital on Saturday, a hospital spokeswoman said. She may need to amputate her hands and foot, after surgeons already amputated the 24-year-old's left leg at the hip.
US Stock Futures Signal Rebound Monday
Futures on major U.S. indices point to a slight rebound on Wall Street Monday after a string of losses last week amid worries Greece might leave the euro and an emerging debt crisis in Spain.
Nasdaq Admits Design Flaws Led To Glitches In Facebook Trading
Nasdaq is humbly embarrassed by the technical issues that plagued trading in shares of Facebook Inc. (Nasdaq: FB) on Friday, Robert Greifeld, CEO of Nasdaq OMX Group Inc. (Nasdaq: NDAQ), told reporters on a conference call on Sunday.
Who is Priscilla Chan, Mark Zuckerberg?s Wife?
On Saturday, Facebook billionaire Mark Zuckerberg married his long-time girlfriend Priscilla Chan at his home in front of around 100 guests.
Technology Focus: Facebook IPO Boosts Its Cash; Now What?
One value of going public for any company is to raise cash as well as mint new shares for acquisitions. Facebook (Nasdaq: FB)?s $16 billion initial public offering was no exception.
Pakistan Blocks Twitter For 'Blasphemous' Content; Users Angry
Pakistan Sunday blocked Twitter in response to the micro blogging website's inability to remove the blasphemous content posted by its users.
Facebook CEO Mark Zuckerberg And Girlfriend Priscilla Chan Update Status To ?Married? (PHOTOS)
A day after Facebook went public, its co-founder and CEO Mark Zuckerberg Saturday updated his relationship status to married. Zuckerberg had an eventful timeline this week with the addition of two events - Facebook IPO Friday and his wedding with his longtime girl friend Saturday.
Facebook CEO Mark Zuckerberg Gets Married
Facebook co-founder and CEO Mark Zuckerberg wed longtime girlfriend Priscilla Chan Saturday, announcing the nuptials through a status update on the social networking site.
General Motors Won't Advertise During 2013 Super Bowl
The General Motors Co. (NYSE: GM), the largest U.S. automaker, said Friday it will not advertise during the broadcast of the 2013 Super Bowl as it shifts its advertising strategy, according to the Wall Street Journal.
Stocks Slump On European Risk, Tepid Facebook IPO: Daily Markets Wrap
World stock markets fell Friday, slammed by ratings cuts for Greece and five of its banks, which were announced ahead of a crucial Group of 8 summit this weekend. While Facebook's much-anticipated initial public offering provided a temporary distraction for traders, its first-day performance concluded with more of a whimper than a bang.
Elizabeth Keadle: Meet Al Gore?s New Girlfriend, Will The Former Vice President Divorce Wife Tipper?
Time to update his Facebook relationship status; Al Gore has a new girlfriend. Former vice president Gore, 64, is dating serious girlfriend Elizabeth Keadle. Gore separated from his wife Tipper in 2010 after over 40 years of marriage and four children. The announcement of a new girlfriend comes just two years after their split with no reports about a coming divorce.
How Rich Is Mark Zuckerberg? Wealthier Than Chad And 60 Other Countries
As soon as Facebook went public Friday, co-founder Mark Zuckerberg became an instant multi-billionaire.
Facebook IPO: The Inexorable Deterioration Of Human Society Continues
Facebook has become a showcase for vulgar narcissism and voyeurism.
Facebook?s Beneficiaries: Bono, Li, Zynga And LinkedIn CEOs
It?s not just Mark Zuckerberg whose shares of Facebook (Nasdaq: FB), the No. 1 social network, became more valuable on Friday. U2's Bono is also smiling.
Morgan Spurlock Interview: Doc Filmmaker Talks 'Mansome'
Morgan Spurlock's new film Mansome is a major departure for the documentary filmmaker. In his previous films, such as Super-Size Me and Where in the World is Osama Bin Laden, he put himself in undesirable circumstances for the purpose of educating the public. For Mansome he takes less personal risks and focuses on the opinion of today's top comedians.
A Timeline Of Facebook History: From Fledgling Startup To $114 Billion Giant
It took Facebook a little over eight years to go from fledgling Internet startup to a $114 billion company. Here's a timeline of the social network and how it got to where it is right now:
Shares In Facebook IPO (FB) Make Bono World?s Richest Musician - Or Not?
The U2 front man is a partner in Elevation Partners, a private equity firm that owns a little more than 2 percent of Facebook. That's $1.3 billion, but not all of that money may be Bono's.
Mark Zuckerberg Celebrates Facebook IPO With Employees As Nasdaq Starts Trading Shares [PICTURES]
Well, THAT just happened. The world's most dominant social network, touting some 900 million worldwide users, made its Wall Street debut from home Friday, as Mark Zuckerberg and co. opted to celebrate the beginning of a more open and connected Facebook from the company's headquarter's in Menlo Park, Calif.
Facebook IPO: Biggest Tech IPO Ever Soars 10% But Closes With A Whimper
Shares of Facebook (Nasdaq: FB), the No. 1 social network that raised $16 billion in its initial public offering, the biggest in Internet history, soared more than 10 percent but closed up by only a fraction.
Buying Facebook? Consider These Tech Titans That May Be Better Stock Bargains
Investors in Facebook Inc. (Nasdaq: FB), the No. 1 social network, got their first chance on Friday to gauge reaction to its $38-a-share public offering price that initially had valued the company at $104 billion.
Facebook IPO: Watch Mark Zuckerberg Ring The Nasdaq Bell Live Online
The moment is finally here: Facebook, the world's most dominant social network with 900 million-plus users, is finally ready to make its Wall Street debut. Zuckerberg will ring the opening bell at 9:30 a.m. ET, but since he will be broadcasting from Facebook remotely, NASDAQ has provided a way to watch all the proceedings occur live.


