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Facebook's stock price dives, and California could take hit
PolitiCalFacebook's stock has nosedived since the social media giant debuted on Wall Street earlier this month, and that's bad news for California's budget.... -
Facebook campus expansion plan clears Menlo Park City Council
Facebook got a big thumbs up from the city of Menlo Park, Calif., which cleared the way for the company's headquarters there to expand. The City Council voted unanimously Tuesday night to back an environmental impact report and development agreement that...
Tags: Media Industry, Social Media
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Getting bearish on Facebook shares
The bears are after Facebook Inc.
Shares of the social networking giant continued a precipitous plunge since the company's much-hyped initial public offering. The stock notched a 10% drop Tuesday and has lost about a quarter of its value since going...Tags: Companies and Corporations, Norway, Career and Workplace, Employees, Mark Zuckerberg
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Facebook stock drop fallout: Zuckerberg off top 40 richest list
This post has been corrected. See note below. Well, that didn't take long. Less than two weeks after Bloomberg's Billionaire Index declared Mark Zuckerberg the 29th richest person on Earth, the Facebook founder has fallen off the list entirely....
Tags: Media Industry, Social Media, Colombia, Luis Carlos Sarmiento, Mark Zuckerberg
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Menlo Park set to approve Facebook campus expansion plan
The city council in Menlo Park, Calif., is set to approve a deal that will let Facebook employ thousands more people at its headquarters there. Mayor Kirsten Keith says officials are expected to green light the environmental impact report and the...
Tags: Media Industry, Career and Workplace, Social Media, Employees, Sun Microsystems Inc.
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Bears punish Facebook stock as options trading begins
The bears are out on Facebook Inc. The social networking giant's stock price closed down $3.07, or nearly 10%, to $28.84 on Tuesday. The precipitous drop began when Facebook went public May 18; since then shares have fallen 24%. Since the IPO, Chief...
Tags: Media Industry, Social Media, Morgan Stanley Dean Witter & Company, Mark Zuckerberg, NASDAQ
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Facebook troubles take the steam out of bid to loosen IPO rules
WASHINGTON — There was so much support in Washington two months ago for loosening rules on initial public offerings that Republicans and Democrats effortlessly passed a bill making it easier for smaller companies to raise money on Wall Street....Tags: Republican Party, Companies and Corporations, Banking, Morgan Stanley Dean Witter & Company, Lawyers
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Facebook tanks to post-IPO low below $30 as other stocks rise
Wall Street returned from Memorial Day weekend without any more love for Facebook Inc., sending the newly public company’s stock down nearly 8% to a new post-IPO low. The social networking company was trading down 7.9% at $29.40 midday Tuesday in...
Tags: Media Industry, Social Media, Consumer Confidence, Morgan Stanley Dean Witter & Company, Mark Zuckerberg
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Facebook's stumble may cool IPOs in Silicon Valley
SAN FRANCISCO — Outside Facebook's Silicon Valley campus is a giant sign with a hand giving a thumbs up.
It may be the only place on the planet where Facebook is getting one of those.
The company's initial public stock offering was supposed to...Tags: Companies and Corporations, Career and Workplace, Morgan Stanley Dean Witter & Company, Employees, Mark Zuckerberg
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Egads! Zuckerberg under attack for size of wife's ring
First the flailing Facebook IPO has been blanketed in a cloud of suspicion, now Mark Zuckerberg is being accused of shortchanging his new wife, Priscilla Chan, on her wedding ring. Which is worse? "What happened to three months' salary Mark? Billionaire...
Tags: Media Industry, Social Media, SpaceX, Mark Zuckerberg, Weddings
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Figuring out the right price for Facebook stock isn't easy
At $38 a pop, nobody liked Facebook. So what is the right price for the world's largest social network?
Facebook Inc. shares have fallen 16.5% since the company's opening day flop May 18, closing Friday at $31.91. Accusations of wrongdoing are flying, as...Tags: Companies and Corporations, Career and Workplace, Ratings, Employees, Mark Zuckerberg
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Letters: Questions about Facebook's IPO
Re "Facebook, banks under fire for IPO," Business, May 24 Why is it that our members of Congress get their knickers in an instant knot when already obscenely wealthy investors (perhaps) get cheated a bit, while silently accepting the news that more...Tags: Media Industry, Social Media, Morgan Stanley Dean Witter & Company, Initial Public Offerings
May 30, 2012
| Los Angeles Times
May 30, 2012
|Story| Los Angeles Times
May 30, 2012
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May 29, 2012
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May 29, 2012
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May 29, 2012
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May 29, 2012
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May 29, 2012
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May 28, 2012
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May 25, 2012
|Story| Los Angeles Times
May 26, 2012
|Story| Los Angeles Times
May 27, 2012
|Story| Los Angeles Times
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