The world's largest social networking service goes public. What riches will it bring to the founders and what does it mean for us users?
The shares are down 30 per cent from a high of hit shortly after they started trading on Friday.
acebook's stock is tumbling well below its IPO price in the social network's second day of trading as a public company on Monday.
The billionaire founder of Facebook, Mark Zuckerberg, surprised everyone with an update about his relationship status - he married his long time girlfriend Priscilla Chan in a private ceremony at his Palo Alto home in California.
Facebook co-founder Mark Zuckerberg wed longtime girlfriend Priscilla Chan on Saturday, announcing the nuptials through a status update on the social networking site. Tens of thousands of people 'liked' his status change.
Newly issued shares in Facebook Inc may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book who were hoping for an early surge decide to get out before going underwater.
Facebook shares sank 11 per cent in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25 percent from where they were Friday and driving others to switch back to more established stocks.
The CEO of the Nasdaq stock exchange says it is 'humbly embarrassed' by its bungling of Facebook's hugely anticipated debut as a public company on Friday.
Technical glitches at Nasdaq had delayed the trading of Facebook's stock by half an hour.
The historic initial public offering of Facebook Inc did not go as planned on Friday.
Facebook Inc shares rose less than expected on their first day of trade on Friday and huge order volume caused technical problems.
Facebook topped 100 million shares traded in the first four minutes after its debut on the Nasdaq.
It's Facebook's big day and CEO Mark Zuckerberg symbolically opened trading on the Nasdaq Stock Market.
Here's the two rivals stack up, based on the latest available data.
Top advertising executives say it's far too early to know if Facebook will take off as an advertising platform.
Facebook Inc priced its initial public offering at the top of its target range to raise more than billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock when it begins trading on Friday on the Nasdaq.
In Silicon Valley Facebook's IPO on Friday didn't bring everyday life to a halt.
The Facebook stock which had a offering price of has peaked to .
Facebook topped 100 million shares traded in the first four minutes after its debut on the Nasdaq.
Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about billion in one of the biggest initial public offerings in US history.
A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street.
Facebook co-founder Eduardo Saverin, under fire over the tax consequences of renouncing his US citizenship, said on Thursday he is obligated to and will pay 'hundreds of millions of dollars in taxes to the United States government.'
Try as they might, many retail investors won't be able to get shares of Facebook in its first hours of trading.
More than 900 million people worldwide check their Facebook accounts at least once a month, but millions more are Facebook holdouts.
Concerns about advertising on Facebook are not confined to General Motors.
Facebook co-founder Eduardo Saverin has renounced his US citizenship, a move expected to save him hundreds of millions of dollars in taxes stemming from the company's impending initial public offering.
Facebook Inc has increased the price range in Silicon Valley's biggest-ever initial public offering to raise more than billion, a source familiar with the situation said, giving the No.1 social network a valuation potentially exceeding 0 billion.
A company started in a Harvard dorm room in 2004 has just raised billion and is valued at 4 billion. All that from an initial public offering of stock.
One of the most striking features of Facebook co-founder and CEO Mark Zuckerberg's persona is the contradiction between the public and private that remains at its centre.
Facebook Inc will increase the size of its initial public offering by 25 per cent to raise about billion, a source familiar with the matter said, as strong investor demand for a share of the No.1 social network trumped ongoing debate about the company's long-term potential to make money.
Half of Americans think Facebook is a passing fad, according to the results of a new Associated Press-CNBC poll.
Most of us know Mark Zuckerberg as the CEO of Facebook, but there are a lot of interesting facts about this young billionaire that you all must know. Celebrating his 28th birthday, here we bring you 28 little-known interesting facts about him.
Don't let the hoodie and sneakers fool you. Mark Zuckerberg is no wet-behind-the-ears CEO. Facebook's chief executive turns 28 on Monday, setting in motion the social network's biggest week ever. The company is expected to start selling stock to the public for the first time and begin trading on the Nasdaq Stock Market on Friday. The IPO could value Facebook
Facebook CEO Mark Zuckerberg, whose limited role in promoting the No. 1 social network's market debut has drawn criticism, laid out its growth strategy to investors on Friday, saying that transforming its mobile and advertising experience are top priorities in 2012.
Facebook Inc unveiled a new hub for consumers to find games and other apps on the social network, including its first storefront for selling paid apps, in the company's latest effort to expand the ways it makes money from its massive audience.
The US tax authorities are in for a major windfall from Facebook Chief Mark Zuckerberg, as the upcoming IPO of the social networking giant could make him pay in taxes as much as 3 million (about Rs 5,000 crore).
Facebook Inc aims to raise about .6 billion in Silicon Valley's largest IPO, dwarfing the coming-out parties of tech companies like Google Inc and granting the world's largest social network a market value close to Amazon.com's.
Facebook co-founder and former Mark Zuckerberg roommate Dustin Moskovitz is by many accounts the world's youngest self-made billionaire. But the 27-year-old isn't sipping champagne in the Caribbean.
Facebook CEO Mark Zuckerberg and other executives addressed about 200 prospective investors at a hotel luncheon in Silicon Valley.
Facebook Inc's record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world's largest social network embarked on a cross-country roadshow to drum up investor enthusiasm.
Facebook Inc CEO Mark Zuckerberg took questions about the No. 1 social network's slowing revenue growth and its billion Instagram purchase, kicking off a cross-country roadshow on Monday to promote its billion initial public offering.
Facebook Inc's initial public offering will vastly increase the wealth of its 27-year-old co-founder Mark Zuckerberg, leaving him with over USD 1 billion in cash and stocks worth USD 17.6 billion.
The roadshow for Facebook Inc's initial public offering is scheduled to start on Monday, meaning the company's shares should begin trading on May 18, a source familiar with the process said on Tuesday.
Facebook will pay Microsoft Corp 0 million in cash for hundreds of patents recently sold by AOL, the social networking company's latest move to bulk up its intellectual property in the wake of a lawsuit filed by Yahoo.
Facebook CEO Mark Zuckerberg made the Instagram acquisition announcement on his Facebook timeline.
Facebook fired back on Tuesday in its legal battle with Yahoo by accusing the Web pioneer of infringing 10 of Facebook's patents, according to a court filing.
Emails from Mark Zuckerberg's Harvard days show the dropout-turned-Facebook CEO as a young entrepreneur losing patience with a client's delayed payments.
Yahoo has demanded licensing fees from Facebook for use of its technology, the companies said on Monday.
Facebook can terminate services of its chief Mark Zuckerberg at any time for any reason, or even without a reason, but the social networking giant's founder and CEO also enjoys similar exit rights.
Facebook Inc reported its first quarter-to-quarter revenue slide in at least two years, a sign that the social network's sizzling growth may be cooling as it prepares to go public in the biggest ever Internet IPO.
Social networking site Facebook has unveiled changes to its new terms of service, tweaking earlier drafts in an apparent effort to ease users' concerns about privacy and how their information is used.
Popular social networking site Facebook, which will soon launch its initial public offering, has zeroed in on the Nasdaq Stock Exchange to list its shares, a media report said. Billionaire Mark Zuckerberg-led Facebook has chosen the city-based Nasdaq over the New York Stock Exchange for its listing, the New York Times reported.
Google Inc. is taking the threat posed by Facebook Inc.'s Internet social network more seriously since co-founder Larry Page returned as CEO a year ago.
Facebook's efforts to make its social network a friendlier place for businesses and popular brands are off to a strong start, the company said.
Facebook's popularity in Brazil has exploded over the past year, and the company may have its biggest competitor to thank for it.
Cannot resist your urge to tweet or check emails? Don't get surprised, as a new study has found that checking email and social media is more addictive than cigarettes and alcohol.
Until Everson's arrival as vice president of global marketing, Facebook's relationship with the advertising community was at best politely dismissive, at worst outright antagonistic.
Popular social networking site Facebook finds India a major growth market, where the number of users have more than doubled in the past one year, as against near-zero penetration in the neighbouring China.
The first thing the 1,000 or so new post-IPO Facebook millionaire employees might need: a reality check.
Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 per cent live in Asia and hooking them is going to be a daunting challenge.
Facebook is baring its business soul. The unveiling came late Wednesday when the company that depends on people to share their lives online filed its plans to raise billion in an initial public offering of stock.
Facebook's top executives, including CEO Mark Zuckerberg, are eligible for twice-a-year bonuses of up to 45 per cent of their base salaries and other earnings, according to a Wednesday regulatory filing.
Facebook, the social network giant, is set to begin showing advertisements to users on mobile devices before its billion initial public offering, the Financial Times reported on Monday.
Hackers 'believe that something can always be better, and that nothing is ever complete,' Zuckerberg explains.
A new study out Friday found that the average user of the world's biggest online social network gets more than they give.
Facebook's long-awaited IPO filing lifted the stocks of many Internet companies, including recent laggards Zynga and Groupon.
Social networking giant Facebook, which plans to raise $ five billion through an IPO, has said India is a key source for its future growth and its user base in the country has more than doubled in the past one year.
In Facebook's regulatory filing for an initial public offering of stock, CEO Mark Zuckerberg included a letter to potential investors about the company's thinking.
Investors jumped on Facebook's regulatory filings on Wednesday for a glimpse into the company's inner workings ahead of one of the hottest initial public offerings in recent history. But there are also potential downsides.
When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald's, Amazon.com and Bank of America.
Facebook, the social networking company poised to go public this year, will not honor trades of its shares in the secondary markets for a three-day period beginning on Wednesday, according to a person familiar with the matter.
Facebook unveiled what is expected to be Silicon Valley's largest ever initial public offering, but made it clear to outside investors that they will have little voice in its running, as founder and CEO Mark Zuckerberg will continue to exercise almost complete control.
Mark Zuckerberg starts Facebook as a sophomore at Harvard University. Facebook begins expansion to other colleges and universities.
After a long wait and much speculation, Facebook filed for its IPO on Wednesday to raise a targeted billion in a hotly anticipated initial public offering, setting the stage for Silicon Valley's biggest-ever IPO.
Facebook plans to file documents as early as Wednesday for a highly anticipated IPO that will value the world's largest social network at between billion and 0 billion, the Wall Street Journal cited unidentified sources as saying on Friday.