Regulators, investors turn up heat over Facebook IPO
Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Sta
‘Overhyped’ Facebook shares lose 10 billion on first day of trading as public company
Facebook shares slumped to more than ten per cent below their float price over the first hour of trading, as shareholders scrambled to sell shares in what had been pitched as the greatest growth story
Case against Facebook in Pakistan for blasphemous materials
Acting on the orders of a judge, police in the Pakistani capital have registered a case against social networking website Facebook for hosting ‘blasphemous materials’.
The Margalla police station in
Cops draw flak from FB users over SC order
The Chennai city traffic police’s (CCTP) decision to enforce the Supreme Court order banning pasting of sun-control film on the glass of vehicles has drawn flak from Facebook users in its official FB
Pakistan restores Twitter after block over Prophet cartoons
Pakistan restored access to Twitter on Sunday, just hours after blocking the site over posts related to a contest involving caricatures of the Prophet Mohammed, the telecoms authority said.
Zuckerberg's post-IPO wedding is smart legal move
Getting married was a smart business move as well as a personal milestone for Facebook chief Mark Zuckerberg, with the timing of the wedding, the day after the company's initial public offering, poten
Facebook shares plunge below IPO price
Facebook shares plunged more than eight per cent below the IPO price of $38 in opening trade on Monday, after fizzling in their debut on Friday.
Three minutes into opening trade, the shares were chan
Facebook falls flat in market debut
Facebook shares stumbled on Friday, managing a gain of less than one per cent in the first day of trade, dampening optimism over the much-anticipated debut for the world's biggest social network.
The
Facebook stock finishes flat in debut
In the hours before Facebook's stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company's 3,500 employees not to get caught up in the hoopla surround
Facebook prices at top of range in landmark IPO
Facebook Inc priced its initial public offering at $38 a share, giving the world's No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history.
The offering put