Mark Zuckerberg has been sued by a shareholder of Facebook because of its troubled IPO, according to Reuters. The suit was filed by Gaye Jones and it claims…
On Monday, the U.S. Securities and Exchange Commission posted a notice online about Nasdaq’s Facebook plan, observing “The Commission believes that questions are raised as to whether Nasdaq’s accommodation proposal……
On Thursday, Facebook announced that it reached the 1 billion mark for users last month. The company is headquartered in Menlo Park, California and it reached its 1 billion…
On Wednesday, Nasdaq OMX issued a notice to traders postponing the June 20 date by which brokers and traders who lost money in the stock-market debut of Facebook were to…
Though the settlement over the proposed class-action lawsuit was reached last month, it was made public this weekend. According to previous court documents, the class-action lawsuit against Facebook, brought by…
On Thursday, it was reported that Facebook is thinking of filing a motion to consolidate all shareholder lawsuits against it related with its recent IPO and that it may also…
The shares for Facebook Inc. have declined again, dropping by 3.8 percent to $25.87 when the market closed in New York yesterday. This comes on the heels of a…
There have been rumors going around starting last week that Facebook is seeking to purchase Opera Software — Opera is a web-browser competing with Chrome and Firefox — and such…
In the first quarter, the growth rate for Facebook was at 45 percent year over year, which is a decrease of 55 percent from the fourth quarter of last…
On the third day of trading for the newly public stock of Facebook, the trading continues to slide as investors in the company continue to reconsider how much the…
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