| May 18, 2012
| 1:35 PM
Stocks closed out an ugly week. Despite initial euphoria surrounding the debut of Facebook on the public markets, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market.
| Jul 26, 2012
| 1:31 PM
Facebook's first-ever earnings came in on target Thursday, with revenue of $1.18 billion on profit of 12 cents a share.
Facebook posted a second-quarter loss of $157 million, or 8 cents a share. But on an adjusted basis, after accounting for restricted...
| May 22, 2012
| 1:34 PM
Facebook continued to plunge as its stock dropped nearly 9% Tuesday.
Facebook fell as low as $30.98 per share just minutes after the the opening bell. That's 18% below $38, the price of its initial public offering, which debuted on the Nasdaq on Friday....
| Feb 21, 2012
Are you itching to own a piece of Facebook? The social media powerhouse has filed paperwork for an initial public offering. Now all the loose ends are being tied up before its stock can be sold.
But will regular users of the site even be able to buy it...
| Jun 4, 2012
| 10:20 AM
With the sale of packaged video games in decline, one may wonder whether a convention like E3, which opened Monday to begin its annual celebration of the spectacle of big-budget titles, is still needed.
For the last 18 years, E3 has served as the...
| Jun 12, 2012
| 1:14 AM
SAN FRANCISCO — How young is too young to join Facebook?
The Menlo Park, Calif., company currently bans anyone under age 13 from joining the world's most popular social network. Yet an estimated 7.5 million preteens — most of them under age...
| Nov 29, 2011
| 5:55 AM
Facebook, the world's largest Internet social network, is preparing for a initial public stock offering next year, according to a source familiar with the matter.
Facebook is exploring raising $10 billion, the Wall Street Journal said on Monday. It...
| Jan 18, 2012
| 6:00 AM
A blackout scheduled for Wednesday to protest against proposed legislation on online piracy has failed to get the support of the biggest Internet players.
Despite calls for the participation of sites such as Facebook, Twitter and other big names, the...
| Jan 19, 2012
| 2:12 PM
Vice President Joe Biden shocked Niner fans during a political fundraiser in San Francisco by proclaiming that "the Giants are on their way to the Super Bowl."
Biden apparently confused his sports Wednesday and was swiftly booed by the crowd, according...
| Feb 1, 2012
| 5:14 AM
Facebook's long-awaited IPO filing is imminent, according to several news reports.
The Wall Street Journal kicked off the hoopla on Friday, citing anonymous sources who said that Facebook may file for an initial public offering as early as this...
| Feb 2, 2012
| 6:47 AM
NEW YORK -- At long last, the Holy Grail of Internet IPOs is here. Facebook filed Wednesday to raise $5 billion in an initial public offering.
In 2011, Facebook earned $1 billion on sales of $3.7 billion. As of December 31, Facebook had 845 million...
| Feb 1, 2012
| 2:21 PM
Facebook has filed papers for what's expected to be the largest initial public offering ever to come out of Silicon Valley and one of the largest in U.S. history.
Ending months of breathless speculation, the 8-year-old social networking company has...