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

Last Updated: Friday, July 25, 2014, 10:46

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

Last Updated: Thursday, July 24, 2014, 19:57

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

Last Updated: Wednesday, June 11, 2014, 10:31

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

Last Updated: Sunday, March 02, 2014, 10:39

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

Last Updated: Thursday, February 20, 2014, 18:55

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

Last Updated: Thursday, February 20, 2014, 17:39

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

Last Updated: Friday, January 31, 2014, 02:41

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

Last Updated: Wednesday, January 22, 2014, 09:52

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

Last Updated: Friday, December 20, 2013, 09:33

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

Last Updated: Tuesday, December 17, 2013, 23:17

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

Last Updated: Thursday, October 31, 2013, 18:33

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

Last Updated: Thursday, September 12, 2013, 11:38

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