BUSINESS
BUSINESS

Facebook fallout: after the IPO

Facebook Inc.'s initial public offering has disappointed Wall Street and has drawn investor lawsuits, regulatory scrutiny and calls for congressional hearings.

  • The Facebook IPO as the average investor saw it

    The Facebook IPO as the average investor saw it

    Mark Zuckerberg walked away $100 million richer. Bono’s stake had speculators predicting he’d become the most moneyed musician on the planet. But in the end, how did the average investor feel after Facebook’s limp public debut? "Great," said Roger Wilkerson, 49, who picked up 100 shares for $40.25...

  • Is Facebook a graveyard for games?

    Is Facebook a graveyard for games?

    It may be a financial bonanza for investors riding on the coattails of Facebook's grand initial public offering today, but in social gaming land, few are celebrating. Facebook, whose popularity among its nearly 1 billion users has been partly fueled by social games published by Zynga,  Electronic...

  • Facebook shares ready for stock market debut

    Facebook shares ready for stock market debut

    NEW YORK -- Facebook Inc. is just hours away from transforming itself into one of America’s largest public companies in a splashy stock market debut that has been the talk of Wall Street. The social network is set to begin trading on the Nasdaq Stock Market at 8 a.m. Pacific time under the ticker...

  • Eduardo Saverin: Facebook can 'be as big as we can imagine'

    Eduardo Saverin: Facebook can 'be as big as we can imagine'

    Facebook is prepping for its eagerly anticipated $5-billion initial public stock offering, tweaking its site for businesses and advertisers, and possibly facing a lawsuit from Yahoo. But, at just 8 years old, Facebook is still just getting started, said Eduardo Saverin, a co-founder of the world's...

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