Company Profile for Facebook
| Founded | 02/4/2004 |
|---|
ADDITIONAL INFORMATION:
470 Emerson St.
Palo Alto, CA 94301-1605
650-543-4800
E-mail: info@facebook.com
www.facebook.com
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Facebook IPO Makes Billions For Company But Stock Price Doesn't Go Up
By Chris Morran on May 18, 2012 4:34 PM
33 Comments
Skeptics that thought Facebook's IPO price of $38/share was perhaps too high a jumping-off point were proven partially correct today, as stock in the world's social network finished its first day of trading only about $.23 above the offering price. More »
(smcgee)
What The Facebook IPO Could Mean To Consumers
By Chris Morran on May 17, 2012 1:45 PM
44 Comments
Tomorrow, a very small group of people — many of them already incredibly wealthy — will be super incredibly wealthy when shares of Facebook start trading on Nasdaq. But while only a few folks will reap a direct, immediate benefit from the IPO, the decision to take Facebook public with such huge dollar amounts attached to the deal will definitely have a long-term impact on consumers. More »
GM Says Facebook Ads Don't Work
By Meg Marco on May 15, 2012 5:30 PM
76 Comments
GM spends about $40 million dollars on its Facebook presence, but only $10 million of that goes to Facebook itself, in the form of ads. Unfortunately for Facebook, it turns out that their cut will soon be zero. More »
(mrbill)
Probably You Should Log Out Of Facebook Before Robbing An Internet Cafe
By Mary Beth Quirk on May 15, 2012 12:00 PM
11 Comments
Oh, you silly criminals. You've got it all planned out — the guns, the demands for money, the getaway vehicle. But when it comes to social networking, even the best laid plans for doing dastardly deeds can come unraveled. Such was the case for two men who allegedly robbed an Internet cafe in Colombia. More »
Half Of Americans Think This Whole Facebook Thing Is Just A Passing Fad
By Mary Beth Quirk on May 15, 2012 10:10 AM
52 Comments
Perhaps Facebook isn't here to stay — at least based on the reactions of half of the country toward the seemingly super pervasive social network. About 50% of Americans think Facebook is just a passing fad, according to a new poll. It follows, then, in the build-up to its initial public stock offering, that half also say its expected asking price is too high. More »
Great, Soon People Will Be Paying To Promote Annoying Posts On Facebook
By Mary Beth Quirk on May 11, 2012 10:00 AM
51 Comments
There are already enough posts we don't need to see on Facebook "Going to the bank and then the gym and wow isn't this day great oh by the way I'm breathing and I have 23 pairs of chromosomes lol," and now the social network is going to go ahead and let people pay to promote or highlight what they're yakking about. Get ready for an onslaught of too much information and an army of baby updates, everyone. More »
Oh Look, My Friend Is Reading About Vibrators. Thanks Facebook!
By Laura Northrup on May 9, 2012 11:30 AM
41 Comments
If you don't already block "social news apps" from illustrious organizations like the Washington Post, Yahoo, and The Guardian on Facebook, maybe this incident will change your mind. Facebook seems very keen for Jake to know that his female friend is reading about vibrators, but Jake would really rather not know. Really. He wouldn't. More »
Judge Says Your Facebook "Likes" Are Not Protected By The Constitution
By Mary Beth Quirk on May 4, 2012 12:00 PM
69 Comments
Go ahead and click "like" on whatsoever you please on Facebook, but if you get into hot water because of it, don't expect a judge to let you hide behind the First Amendment and the right to free speech. A federal judge ruled recently that liking something on the social network isn't constitutionally protected speech. More »
Facebook Humbly Sets Its Value At Up To $96 Billion
By Chris Morran on May 3, 2012 11:22 PM
36 Comments
Facebook, a clever little startup that lets people "friend" each other or something like that, is set to go public on May 18. In advance of its initial public offering, the company led by a plucky, big-dreaming college dropout announced today that it's worth as much as $96 billion. More »
Study: 13 Million People Haven't Touched Facebook Privacy Settings
By Mary Beth Quirk on May 3, 2012 2:00 PM
30 Comments
There are more than 150 million Americans using Facebook at this point, and that number is growing. But do you know everything you need to about your privacy when it comes to social networking? Maybe not, as a new exhaustive study from Consumer Reports on social networking privacy found that 13 million American Facebook users have never touched their privacy settings. More »
