A federal judge said Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its financial health before its $16 billion initial public offering last year. In a decision made public on Wednesday, U.S. District Judge Robert Sweet in Manhattan said investors…
The Forbes 400 list of the richest people of America was released on Monday. As expected, Bill Gates (#1) and Warren Buffet (#2) topped the list with $72 billion and $58.5 billion, respectively. But members of the tribe made notable appearances, taking up eight spots in the Top 20. Larry Ellison, co-founder of Oracle Corporation…
A Palestinian hacker posted a message on Facebook founder Marc Zuckerberg’s wall to show there is a bug in the social network’s security settings. Khalil Shreateh of Hebron posted information about the bug on Zuckerberg’s wall late last week following unsuccessful attempts to report the bug to Facebook security. The bug allowed Shreateh to post…
Ah, Instagram. A place where everything glows with the soft light of filters and even your non-Hollywood-celebrity-life can look put together and artsy. So just imagine what it can do for those whose lives are already more glitz-filled than yours. Kat Dennings looks quirky, Mark Zuckerberg shows off his dog, Amanda Bynes self-destructs, and Bar…
Is Mark Zuckerberg starting to dip his toes into the political ocean? Facebook executive Sheryl Sandberg has been making headlines recently for “Lean In,” her new book on women’s leadership. It turns out her boss Zuckerberg has a side project as well: a new advocacy group. Zuckerberg is forming an organization along with other executives…
Randi Zuckerberg, sister of Facebook founder Mark Zuckerberg, is writing a memoir about her years at the social network website where she was once director of marketing, publisher HarperCollins said on Thursday. Zuckerberg, 30, signed a two-book deal with HarperCollins that will include her memoir “Dot Complicated,” and a children’s picture book, scheduled to be…
Facebook Inc CEO Mark Zuckerberg unveiled on Tuesday a feature to help its billion-plus users search for people and places within the social network, in the company’s first major product launch event since its May initial public offering. Speaking to reporters at its Menlo Park, California headquarters, Zuckerberg described what he called “graph search,” which…
Shares of Facebook Inc jumped as much as 11.2 percent on Wednesday, even as the biggest block of shares held by insiders became eligible for sale for the first time since the social media company’s disappointing debut in May. Facebook shares were up 8.5 percent at $21.54 in heavy morning trade on the Nasdaq, off…
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