Facebook's massive initial public offering, the largest of any tech company to date, has caused no shortage of problems for both it and the NASDAQ stock exchange. After opening on Friday at $38, Continue reading…
A new Oregon law that goes into effect on June 4th is set to provide handsome tax breaks to data centers within the state, offering significant savings to Amazon, Google, and other companies that have Continue reading…
Facebook's long-awaited IPO experienced its fair share of setbacks on Friday, as NASDAQ dealt with a bevy of glitches and intense demand that accompanied the social network's public listing. Today, Continue reading…
As Facebook CEO Mark Zuckerberg rang the NASDAQ opening bell when his company's stock went public earlier today, something else happened: his Facebook page automatically posted a status update. "Mark Continue reading…
Shares of Facebook were supposed to start trading at 11:05 am today, but NASDAQ delayed that, and speculation is that heavy volume and too many sellers has prevented an actual start to open trading. S Continue reading…
Facebook’s $16 billion IPO values the young company at $104 billion, bigger than McDonald’s, Citigroup, and Amazon. Its debut on the stock market today caps a remarkable run for the eight-year-old Continue reading…
To commemorate the momentous day on which Facebook finally starts public trading, Mark Zuckerberg has been invited by NASDAQ to ring the stock exchange's opening bell. He won't actually be in the New Continue reading…
Three days after Facebook co-founder Eduardo Saverin was targeted by the media for allegedly fleeing the country in order to avoid taxes on the company's IPO, Saverin has responded. He told Forbes: Continue reading…
Back in November of last year, The Wall Street Journal reported that Facebook was hoping to be valued at $100 billion after its IPO, and it seems those ambitions have come true. Facebook just Continue reading…
The timing for Facebook could not be worse. Blue chip advertiser General Motors plans to stop advertising on Facebook after the company's marketing team decided that the social network's ads were not Continue reading…
