Think Facebook Execs Are Overpaid? Tough Noogies
Facebook's 2013 proxy voting results suggest most outside shareholders are unhappy with its executive compensation system. Too bad. There's nothing they can do about it.
mark zuckerberg
Zuckerberg Faces Down Sore Investors; KFC's China Sales Off
Facebook CEO Mark Zuckerberg absorbed the ire of shareholders at the company’s first annual meeting since going public, while KFC says sales in China slid 19 percent in May.
Angry Investors Vent at Facebook's First Shareholders Meeting
CEO Mark Zuckerberg faces a series of angry comments at Facebook's first shareholders meeting, as investors lined up to question the company's dismal stock performance.
Nasdaq to Pay $10M to Settle Facebook IPO Claims
Nasdaq agrees to pay $10 million to settle civil charges stemming from mistakes made during Facebook's initial public offering last year.
In Sync with Buffett: Other Business Icons Betting on Women
Warren Buffett recently made a very public statement in praise of America's professional women. Here are a few other notables who have gone on the record in the same vein.
Facebook Earnings Results: Still Not What Wall Street Wants
No relief today for investors still stinging from buying into Facebook's IPO: Shares of the social network fell after it reported slightly worse than expected earnings.
Facebook CEO Mark Zuckerberg Slashes His Salary To $1
Facebook CEO Mark Zuckerberg cuts his salary to $1, becoming the latest Silicon Valley exec to forgo a paycheck.
Why It's OK That You're Not Rushing Out to Get Facebook 'Home'
The unveiling of Facebook 'Home' was met with a shrug, but that's OK with CEO Mark Zuckerberg, since the product represents the future of social networking -- not the present.
With 'Home,' Facebook Barges in on Google's Turf
Facebook Home, the new application that takes over the front screen of a smartphone, is a bit of a corporate home invasion, by taking advantage of software created by Google.
'Home' Makes Facebook Your Phone's Hub - and Puts Its Ads First
Facebook isn't introducing its own phone. Instead, it's launching "Home," a mobile experience that makes the social network the heart of compatible Android smartphones.
As Facebook Ages, is the Social Network Getting Boring?
Facebook's luster may be wearing off, as many users -- especially younger ones -- ask themselves whether the social network has become boring and too much like a chore.
SEC Approves Plan to Reimburse Investor Losses in Facebook IPO
The Securities and Exchange Commission approves a plan to compensate market makers who lost money in last year's botched Facebook IPO.
Status Update: Mark Zuckerberg Is America's Best Boss
According to a poll by jobs and career website Glassdoor, Facebook CEO Mark Zuckerberg is now the top-rated company chief executive in the country.
In Silicon Valley, the 'Recovery' Has Left Many in the Dust
The Silicon Valley is adding jobs faster than it has in more than a decade. Stocks and fortunes are soaring. But bleaker records are also being set: Food stamp participation just hit a 10-year high and homelessness rose 20 percent in two years. Simply put, while the ultra-rich are getting even richer, record numbers of Silicon Valley residents are slipping into poverty.
Facebook 4Q Results Surpass Expectations, Stock Still Falls
Facebook's fourth-quarter financial results surpassed Wall Street's expectations, but its stock is dipping lower in extended trading. The social networking company earned $64 million, or 3 cents per share, in the October-December period.
What's Facebook's Secret? Company Tells All Today
Facebook's mystery "press event" on Tuesday could reveal a more robust search feature that would intensify the competition between the social networking giant and its rival Google. Facebook is holding the event at 10 a.m. at its Menlo Park, Calif., headquarters.
5 Things to Watch on Wall Street This Week
From eBay stepping up with its latest financials to Facebook showing off its latest clever ideas, there will be plenty of news breaking in the coming days. Here's a rundown of what's likely to shape the week ahead on Wall Street.
Paul Ceglia Arrested: Accused of Trying to Cheat Zuckerberg, Facebook
A businessman who claimed in a lawsuit that Facebook founder Mark Zuckerberg had promised him half ownership in the then-fledgling company when he was still at Harvard was arrested Friday on fraud charges.
Facebook Mobile Gains Spur Revenue Growth
Facebook posted a 32 percent jump in third-quarter revenue to $1.26 billion, as the company reignited advertising growth with the help of larger-than-expected gains in mobile. The company's shares leapt 9 percent to $21.22 in after-hours trading on Tuesday.
Facebook Hits a Major Milestone: 1 Billion Active Monthly Users
Facebook just keeps on getting bigger. Despite the negative emotions generated by its IPO, the leading social network revealed on Thursday that it now has more than a billion active monthly users.
Wall Street Watch Thursday: Is This the Start of a Facebook Rally?
Shares of Facebook closed nearly 8% higher on Wednesday, the social networking website operator's biggest single-day percentage gain since its IPO. Facebook is profitable and growing, but can the rebound continue?
Wall Street Watch Wednesday: Checking Under Pep Boys' Hood
The Pep Boys are a trio, but these day, the company is cruising solo -- and it's not enjoying driving alone. The retailer of auto parts and provider of automotive services, spurned after merger talks this spring, posted uninspiring quarterly results on Tuesday night.
Read This Before You 'Unfriend' Facebook's Stock Again
"It's complicated" is the only relationship status that fits the rocky romance between Wall Street and Facebook. Shares of the social-networking giant took a hit on Friday after it failed to post blowout quarterly results. But are investors being unfair to Facebook?
4 Easy Ways to Escape AT&T's Pricey Cell Phone Texting Plans
AT&T is getting rid of text plans with monthly blocks of 200 or 1,500 texts and going to an all-or-nothing approach: Buy an unlimited plan, or pay by the message. Our choice? Neither. Try these apps instead.
3 Reasons Why New Yahoo CEO Marissa Mayer Could Get It Right
Longtime Google executive Marissa Mayer will be the next CEO of struggling dot-com pioneer Yahoo --the company's fifth leader in as many years. Turning Yahoo around would be a pretty daunting task, but there are some good reasons to believe Mayer has a shot.
The Company That Could've Been Facebook Goes Back to School
Classmates.com had a decade-long head start in the social networking biz before Facebook came along, but with its pay-to-connect model, it blew its chance to dominate. Now, like a teen buying a term paper, it's buying SchoolFeed, an app that connects you to former classmates ... on Facebook.
Facebook, Week Two: Fortunes Made and Fortunes Lost (Mostly Lost)
The ongoing saga of Facebook's post-IPO tumble is a classic, Greek-style tragedy of hubris, epic overreach, and equally epic failure, and the media can't get enough of it -- even though large chunks of it are essentially fictional.
Mark Zuckerberg Makes Surprise Cameo on Chinese TV
Social media sites and blogs have lit up after eagle-eyed viewers spotted a surprise cameo in a Chinese TV documentary about the country's police force: Facebook founder Mark Zuckerberg and his now-wife, Priscilla Chan.
Does Facebook Want to Place Your Face? Face.com Buyout Eyed
Reports began to surface on Monday indicating that Facebook was looking to get over its post-IPO blues by snapping up the Israeli-based company that matches faces in digital photographs to the names of existing friends.
What Mark Zuckerberg Can Learn From Ben and Jerry
Facebook's first few days as a public company have been a rocky road. Moving ahead, Mark Zuckerberg would do well to recall the lesson of two other iconoclastic company founders: Ben Cohen and Jerry Greenfield. The tale of Ben & Jerry bears a bracing similarity to his own.