Facebook may let its employees sell up to $1 billion of their shares to institutional investors at a price that values the company at about $60 billion, an influential industry blog reported.
Facebook may let its employees sell up to $1 billion of their shares to institutional investors at a price that values the company at about $60 billion, an influential industry blog reported.
Facebook, the world's largest social-networking site, will open a sales office in Hong Kong, in a move to tap the region's booming Internet scene, local media reported on Wednesday.
Mark Zuckerberg, the multi-billionaire CEO of Facebook, has obtained a restraining order against a man who has sent him messages through Facebook, left flowers and a handwritten note at his home and showed up in person at Facebook officers looking for him.
Facebook drama The Social Network won the Writers Guild honors for the best adapted screenplay while Inception upstaged favorites Black Swan and The Fighter to earn spoils for the best original screenplay.
Sixty-nine per cent of investors say Facebook is overvalued after Goldman Sachs invested $450 million in a deal that valued the company at $50 billion, according to the quarterly poll of 1,000 Bloomberg customers who are investors, traders or analysts.
Facebook founder Mark Zuckerberg met Jesse Eisenberg -- the actor whose less than flattering portrayal of him in The Social Network won an Oscar nomination -- for the first time on this weekend's Saturday Night Live.
Mark Zuckerberg makes a surprise visit to SNL
Facebook co-founder Mark Zuckerberg played a surprise host to actor Jesse Eisenberg on Saturday Night Live.
Facebook CEO and Time's Person of the Year Mark Zuckerberg received some private financial consultation on How to raise funds? -- courtesy, a hacker who infiltrated the CEO's fan page.
Sean Parker, who was the former president of social network giant Facebook, said the recent movie The Social Network was great, but called it as a complete work of fiction.
Facebook founding president Sean Parker has yet again hit out against the movie 'The Social Network' for portraying him as a morally reprehensible human being.
I was shocked when Google ousted Eric Schmidt from his CEO position. However, the reason that I didn't understand this move is the same reason that typical CEOs like Eric Schmidt can't thrive at consumer tech companies.
Facebook co-founder Eduardo Saverin and YouTube co-founder Jawed Karim are investing $8 mln in Series A funding into Qwiki, a startup pioneering the information experience via on-the-fly transformation of data into rich media narratives
Internet powerhouse Google Inc beat Wall Street's quarterly sales and profit estimates, and announced that co-founder Larry Page would take on the role of chief executive, overseeing day-to-day operations of the company. Its shares rose 1.9 percent.
Internet powerhouse Google Inc beat Wall Street's quarterly sales and profit estimates, and announced that co-founder Larry Page would take on the role of chief executive, overseeing day-to-day operations of the company. Its shares rose 1.4 percent.
It has been a long journey since Steve Jobs came up with the name Apple Computers but the company now known as Apple has become synonymous with the man. Pundits have often predicted that Apple will fail without having Jobs at the helm.
Facebook CEO Mark Zuckerburg has landed in Esquire magazine's 2010 Celebrity Style Hall of Shame. He is often spotted with comfortable casuals - T-shirt, jeans and sandals.
Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to release them from a $65 million settlement over the founding of online social network Facebook.
Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to let them out of a $65 million settlement over the founding of online social network Facebook.
Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to convince a U.S. appeals court to let them out of a $65 million settlement over the founding of online social network Facebook.
A rumor -- discovered to be a hoax -- that Facebook would shut down in March briefly lit up the blogosphere. There are reasons why a moment's thought shows this is wrong.
