Facebook CEO Mark Zuckerberg on Thursday will sell $2.3 billion worth of his company's stock largely to pay tax bills on options that he is exercising. The sale is part of a 70 million share offering. Zuckerberg is selling 41.35 of those shares. Show More Summary
Reuters reports that Mark Zuckerberg, Facebook itself, and board member Marc Andreessen are collectively selling 70 million Class A common shares as part of a whopping $4bn offering. Facebook’s co-founder... Keep reading ?
Mark Zuckerberg is selling a bunch of shares -- but he's buying even more, and giving $1 billion to charity. Meanwhile Facebook investors are using the news as a chance to profit from a big run.
Offering includes more than 41 million shares from chairman and CEO Mark Zuckerberg
This morning, Mark Zuckerberg announced plans to give 18 million Facebook shares to charity by the end of the month. Facebook is currently trading at $55 per share, so Zuckerberg's gift is worth just under $1 billion. The money willShow More Summary
Facebook CEO Mark Zuckerberg will sell about $2.3 billion worth of shares in the company, slightly reducing his stake and voting power at the social network company, Facebook said Thursday. Zuckerberg will sell 41.4 million shares as...Show More Summary
Facebook board member Marc Andreessen is selling 1.65 million class A shares, which are worth almost $91 million. The company announced today that it's offering 70 million class A shares. CEO Mark Zuckerberg will sell 41.4 million of his shares, worth about $2.3 billion. Join the conversation about this story »
(Reuters) - Facebook Inc's Chief Executive Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion as part of an offering of 70 million Class A common shares of the social network. Facebook shares were down 4 percent at $53.54 before the bell. Show More Summary
U.S. District Judge Robert Sweet has ruled that Facebook, Mark Zuckerberg and dozens of banks must face a lawsuit, accusing them of misleading investors about the social network's economic health during its IPO. Ouch. Read more...
This year, Eureka Valley became even more of a destination for the tech set, especially with Facebook's Mark Zuckerberg allegedly spending over $1.6M in remodels to his supposed pied-à-terre. Just like last year, homes in the neighborhood were listed...
In the latest edition of “If They Melded” on Conan, host Conan O’Brien shows bizarre video mashups of celebrities like Facebook founder Mark Zuckerberg and Bert from Sesame Street, Elton John and Vladimir Putin, and more. submitted via Laughing Squid Tips
NEW YORK (Reuters) - 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 o...
Mark Zuckerberg giveth and he taketh away. Or, perhaps more accurately, when he giveth, he also taketh. We see that in two new Facebook additions: auto-playing video advertisements and a new Facebook “donate” button for nonprofits. With...Show More Summary
What do Mark Zuckerberg, Ralph Lauren, Lloyd Bankfein, and Sheldon Adelson have in common? They're bazillionaires who'd like to stay that way. Here's how they do it. Read more...
In 2008, Mark Zuckerberg laid out his theory about people sharing content on Facebook. "I would expect that next year, people will share twice as much information as they share this year, and next year, they will be sharing twice as much as they did the year before," he said. Show More Summary
On Friday, billionaires Mark Zuckerberg and Yuri Milner announced a new $3 million prize for mathematics known as the Breakthrough Prize in Mathematics. This is the third such prize that the Valley's elite have created. In fact, Zuckerberg...Show More Summary
The Winklevoss twins — Cameron and Tyler — are perhaps best known as Olympic rowers for the U.S. and their long and painful lawsuit against Facebook, in which they claimed Mark Zuckerberg stole their idea for the site The brothers are...Show More Summary
Cameron Winklevoss, one half of the notorious twin brothers who once battled Mark Zuckerberg over the origin of Facebook, took to Reddit to host an AMA this weekend to discuss... Keep reading ?
In March Facebook held a big press conference to announce a major redesign to its News Feed. Facebook CEO Mark Zuckerberg said he wanted Facebook to be "the best personalized newspaper in the world." The redesign was a step towards that goal. Show More Summary
Mark Zuckerberg is a success story, having gone from Hollywood sociopath and interview nightmare to mere super-dork. He's awkward, but much of the alienating superweirdness has been coached away. But Instagram honcho Kevin Systrom is still one bizarre, robotic dude. Read more...