Facebook shares were down 8.4 percent in the afternoon trading on Monday after one Wall Street newspaper published a critique on the company’s stock. Out of the 40 analysts covering The Social Network at Wall Street, one has the view that its share price is much over rated. The article blatantly compared FB’s stock value […]
Sep 25 2012 | Posted in
Sci-Tech |
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In recent developments Facebook is expected to raise the stakes in its initial public offering expected this Friday by 85 million more stock. This increase will bring the total number of stock to a total of 422 million from 337 million. The reason for this sudden decision in the increment in stock is still unknown […]
May 16 2012 | Posted in
Business,
Sci-Tech |
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The largest online social network in the world has now taken a big stride to get into the corporate world. After being surrounded by rumours for almost a year since the first word got out of Facebook’s headquarters, Mark Zuckerberg and company filed for their initial public offering at the Securities and Exchange Commission on […]
Feb 3 2012 | Posted in
Business |
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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 |
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