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Facebook must face shareholder class actions over IPO

Facebook must face shareholder class actions over IPO

A federal judge has certified two shareholder class actions accusing Facebook Inc of hiding concerns about its growth forecasts prior to the social media company`s May 2012 initial public offering.

Facebook soars to new heights on upbeat earnings

Facebook shares rocketed to an all-time high as investors welcomed solid earnings for the social networking giant, which has seen big gains in advertising and better connections in mobile and video.

Facebook shareholders shoot down 'one share, one vote' proposal

Facebook`s eight directors, including Netflix Inc Chief Executive Reed Hastings and Facebook`s chief operating officer, Sheryl Sandberg, were re-elected.

Facebook warns of increased spending, shares fall

Mobile ads represented 66 percent of Facebook`s advertising revenue, up from 49 percent of ad revenue in the year-ago period.

Facebook Q3 revenue rises 59%, shares flat

The world`s No.1 online social network said its total number of monthly users reached 1.35 billion in the third quarter, with 864 million users accessing the service every day.

Facebook's WhatsApp acquisition now has price tag of $22 billion

WhatsApp founder Jan Koum will receive nearly $2 billion in stock, vesting over a four-year period, as an inducement for him to stay with the company.

Facebook gets mega-cap status; valued more than AT&T, Coke

Facebook's $190 billion market value makes it bigger than such bellwethers as Coca-Cola and AT&T.

Facebook shares hit record high as market likes earnings

Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world`s No. 1 social network trounce analysts` expectations for quarterly profit and revenue.

Wall Street ends near flat; Dow hits record for 4th day

US stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities` shares fell while 10-year bond yields hit their highest level in a month.

Mark Zuckerberg's fortune grows by $15 bn as Facebook shares soar

A sharp rise in share price of social networking giant Facebook has helped the personal wealth of its 29 year-old CEO and co-founder Mark Zuckerberg soar by a massive USD 15 billion in less than two years.

WhatsApp buyout to help Facebook expand presence in India

Its USD 19 billion buyout of WhatsApp will help Facebook expand footprint in emerging markets of Latin America and Asia, especially India, where the mobile instant messaging app is very popular.

Facebook to pay WhatsApp $2 billion if deal fails

Social networking giant Facebook will have to shell out USD 2 billion (over Rs 12,500 crore) if its acquisition of the instant messaging service Whatsapp fails to get necessary approvals.

Facebook userbase touches 1.23 bn in 2013

Also, the number of people using Facebook on a daily basis increased by 139 million to 757 million at the end of the year.

Sheryl Sandberg a billionaire as Facebook shares hit new high

Facebook shares climbed to a new high on Tuesday, catapulting chief operating officer Sheryl Sandberg onto the roster of tech billionaires.

Zuckerberg to sell Facebook shares worth about $2.3 billion

Facebook Inc founder and CEO Mark Zuckerberg will sell 41.4 million shares worth about USD 2.3 billion to pay a tax bill.

Facebook's 'international users' account for 80% Likes, Shares on site

The data has pointed that Facebook has seen a 5 percent increase in clicks on Like and Share buttons since resigning the buttons last month.

Facebook shares recover as investors shrug off falling usage

Facebook Inc shares steadied on Thursday after wobbling in the wake of post-earnings comments by company executives about slowing use and a strategy of not increasing the frequency of ads shown to users.

Facebook shares break $45 for first time since 2012 IPO

Facebook has said it expects sales and user growth for its mobile apps to outpace its desktop website.

Top five things which should never be shared on Facebook

Apart from mother’s maiden name, security question related to first school attended can also be used as a potential tool for hacking into one’s account.

Facebook shares touch IPO price levels

The report added that the company now derives 41 percent of its total ad revenue from mobile and investors have been encouraged by its fast growth in the mobile ad revenue.