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Archive for the ‘Facebook’ Category

May 18 2012         8:21 AM EDT Talk about a “Beautiful Day.” Once the smoke clears from Friday’s (May 18) Facebook IPO
, U2 singer Bono could be the richest musician on the planet. According to England’s NME, the already flush, tech-savvy
 Irish rock icon owns 2.3 percent of the shares of Facebook through his investment group, Elevation [...]

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May 17, 2012         6:16 p.m. Wall Street has one simple task as Facebook Inc. shares begin trading: Don’t mess it up. Major stock exchanges, brokerage firms and mutual fund companies have been gearing up for one of the biggest initial public offerings on record. And, with all the hype surrounding the [...]

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May 11, 2012           2:35 PM ET Eduardo Saverin, one of Facebook’s four co-founders, has renounced his U.S. citizenship, according to the Internal Revenue Service. The expatriation, first reported by Bloomberg, comes just before the social network is expected to launch an initial public offering of its stock next week. It’s possible that [...]

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January 31, 2012      9:12 p.m. As Facebook Inc. files for what is likely to be a historic initial public offering of stock, a big question looms for its millions of loyal users. Will they be able to get in on what could be the hottest deal in years — or will they be left with [...]

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06/26/11  12:24 PM ET If you can’t beat ‘em, join ‘em–or, in Facebook’s case, hire ‘em full time. According to TechUnwrapped, Facebook now employs George Hotz, the young hacker who has drawn the legal ire of tech giants Apple and Sony. Hotz, who also goes by the online handle “Geohot,” is said to be working [...]

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