Facebook co-founder Dustin Moskovitz, whose work on the company was depicted in the 2010 film “The Social Network” owns 133.8 million shares, or 7.6 percent. Moskovitz was Zuckerberg’s roommate at Harvard University. Eduardo Saverin, another co-founder and Harvard classmate who sued Zuckerberg over ownership of the company, isn’t mentioned in yesterday’s filing. Neither are Tyler […]
Feb 3 2012 | Posted in
Business |
Read More »
Facebook is planning to initiate the filing for their firs Initial Public Offering this year. The Securities and Exchange Commission will be taking the social network’s financial statements under consideration. So far the vitals of getting into the stock market are strong for Facebook. The reputation is good although Mark Zuckerberg and company has been […]
Jan 31 2012 | Posted in
Business |
Read More »
Facebook has “revenues,” not profits, of $4.3 billion. If the company becomes valued at $100 billion, and had zero expenses, it would take you 23 years to get your money back. Of course, there are expenses, which means that profits are a lot less, last year around $1 billion. So, at a valuation of $100 […]
Jan 31 2012 | Posted in
Business |
Read More »
Facebook teams up with Moo to offer business cards for users World famous social network, Facebook, has offered free arty cards for 200,000 users based on their user profiles after teaming up with Moo, a British business card maker. These cards will be called Facebook Cards. Each Facebook Card will be made from a set […]
Jan 10 2012 | Posted in
Sci-Tech |
Read More »
There are more changes coming in the future but alongside these tweaks the social network is also bring new things, as well. 1. The Timeline The most discussed topic is perhaps this new feature that brings criticism along with it. This application will convert all the albums into a timeline from earliest to latest in […]
Dec 17 2011 | Posted in
Sci-Tech |
Read More »
Facebook has found a permanent residence in news of late. The latest of them is the all new outlook of their website. The Social Network is on the verge of bringing numerous changes into the fold. The website will be totally different, not to say easy at the time, in looks and working. Following a […]
Dec 17 2011 | Posted in
Sci-Tech |
Read More »
Facebook shuts down security hole that let adults view private photos of underage users Famous social network site, Facebook, has planned to shut down the security loop hole that let anyone view private photos of other Facebook users. This security hole was used by adults to view pictures of underage users without their knowledge. The […]
Dec 10 2011 | Posted in
Sci-Tech |
Read More »
Facebook, Inc. has found a glitch in their social network recently that allows ‘strangers’ to view private photos of other users regardless of privacy settings. Photos that were recently uploaded to the accounts are vulnerable to misuse by users who are not even friends with victim. The most prominent prey to the malfunction in the […]
Dec 7 2011 | Posted in
Latest News |
Read More »
What could be worst for Facebook on the brink of announcing Initial Public Offering? Federal Trade Commission (FTC) warned Facebook to straighten things up before leaping ahead in the corporate world. The FTC gave the social network a nudging wake-up call after concluding their 2-year long investigation into their privacy mechanism. It was more of […]
Nov 30 2011 | Posted in
Latest News,
USA |
Read More »
Opprobrium has erupted in Facebook’s direction since the rumours of their Initial Public Offering (IPO) went airborne six weeks ago. The company has well surpassed Security and Exchange Commission’s (SEC) set threshold private ownership of shareholders. Therefore the company is bound to make their financial reports public by the time they initiate the filing process […]
Nov 24 2011 | Posted in
Business |
Read More »
Salman Rusdie in a tug of nym war with facebook and the CEO Mark Zuckerberg The writer Salman Rushdie hit Twitter on Monday morning with a litany of exasperated posts. Facebook, he wrote, had deactivated his account, demanded proof of identity and then turned him into Ahmed Rushdie, which is how he is identified on […]
Nov 16 2011 | Posted in
Latest News |
Read More »
Facebook will include their users say over their privacy to settle DTC investigation Facebook is nearing a settlement with federal regulators that would require the world’s most popular online hangout to obtain approval from its users before making changes that expose their profiles and activities to a wider audience. Citing people familiar with the situation […]
Nov 11 2011 | Posted in
Society |
Read More »