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Randi Zuckerberg, the sister of Facebook founder Mark Zuckerberg, got caught up in a debate about the handling of a private photo posted on the social media site after a family snapshot she thought she had only shared with friends made its way onto Twitter. The photo showed the Zuckerberg clan joyfully reacting to Facebook’s new Poke app. Zuckerberg, Facebook’s former head of marketing, claimed she had only shared the photo with her friends via the social media site. However the snapshot went public after Callie Schweitzer, a representative for Internet media firm Vox Media, reposted the shot on Twitter....

In wonderful news on the philanthropy front, Mark Zuckerberg has contributed 500 million dollars to… well, to an organization that will spawn a subsidiary foundation to contribute to… well, a funding mechanism that will facilitate his ability to contribute to… well, to things involving education and its ability to contribute to… well, to the general wellbeing of society and its ability to contribute to… well, Mark Zuckerberg’s reputation. And the government. It is too early to predict just who if anyone will benefit from this “gift” to the Silicon Valley Community Foundation. Take a look at this organization’s website and...

SAN FRANCISCO – Facebook CEO Mark Zuckerberg said he is donating nearly $500 million in stock to a Silicon Valley charity with the aim of funding health and education issues. Zuckerberg donated 18 million Facebook shares, valued at $498.8 million based on their Tuesday closing price. The beneficiary is the Silicon Valley Community Foundation, a nonprofit that works with donors to allocate their gifts. This is Zuckerberg's largest donation to date. He pledged $100 million in Facebook stock to Newark, N.J., public schools in 2010, before his company went public earlier this year. Later in 2010, he joined Giving Pledge,...

Who is the most famous hunter in America? If you’re over 30, the first names that come to mind are probably Sarah Palin, Ted Nugent or Dick Cheney. If you’re under 30, the answer is easier. The most famous hunter in America is Mark Zuckerberg, the billionaire founder of Facebook. In May 2011 Mr. Zuckerberg made a pledge to consume, for one year, only meat he had hunted or slaughtered himself. He got a hunting license and shot a bison. “My personal challenge,” he explained, is “being thankful for the food I have to eat.” If four new books are...

Facebook shares scraped a new low Tuesday. The new drag on the already leaden stock: Analysts from two of Facebook’s largest underwriters on its botched initial public stock offering cut their price targets. The Morgan Stanley and JPMorgan Chase analysts also reduced their revenue projections. Shares closed down nearly 2%, or 33 cents, to $17.73 as some on Wall Street, floored that Facebook has shed $50 billion in market value in just three months, said they feared the company's stock is nowhere near bottom.

The deepening slide in Facebook Inc.'s stock is fueling talk once considered implausible on Wall Street and in Silicon Valley. Should Mark Zuckerberg, the social media visionary but neophyte corporate manager, step aside as CEO to let a more seasoned executive run the multibillion-dollar company?

NEW YORK (CNNMoney) -- Facebook's stock opened at an all-time low, after its first earnings report failed to ease worries over slowing sales growth and its plan for mobile advertising. Shares of Facebook (FB) tumbled nearly 15% to below $23 on Friday, 40% below the company's initial offering price from May. Facebook earnings matched analysts' expectations when it reported its earnings after the bell on Thursday. The company also delivered a 32% gain in second-quarter revenue, to $1.18 billion. That slightly topped forecasts. But investors are not sure how the company will bring in more revenue from its 955 million...

Zuck's smiley-face KGB getting even spookier In an undisclosed purchase thought to be in the neighborhood of $90M, the Big Blue Beast devoured tech startup Face.com, and it's sure to raise even further privacy concerns for users of snoopy ole Facebook (along with pretty much everybody else): a face recognition firm that's developed the ability to identify and tag faces in pictures... including any found on the internet. Add to that the fact that 'gigapixel' digital photos upwards of one billion pixels already allow individuals to be picked out of massive crowd shots in minute detail and soon the they can...

Much of the hype has involved comparisons of Facebook to Google. Facebook has more in common with AOL or even the US Treasury than it does with Google. My video commentary on the proper role of investment bankers... critique of FB...)

NEW YORK, May 30, 2012 (MeshPress) — Milberg LLP announces that class action lawsuits were filed in the United States District Court for the Southern District of New York on behalf of purchasers of Facebook, Inc. (“Facebook”) FB -2.29% common stock pursuant to the Company’s May 18, 2012 initial public offering (the “IPO”). Actions were also filed in the Northern District of California. The complaints charge Facebook, certain of its officers and directors, and underwriters of the IPO with violations of the Securities Act of 1933. The actions allege that the Registration Statement and Prospectus issued with the IPO were...

The owners of the kosher restaurant in Rome's Jewish Ghetto – a historic quarter in the centre of the city – were surprised when Mr Zuckerberg and Priscilla Chan walked away without leaving a gratuity.

So how’s that old Arab Spring going? You remember — the “Facebook Revolution.” As I write, they’re counting the votes in Egypt’s presidential election, so by the time you read this the pecking order may have changed somewhat. But currently in first place is the Muslim Brotherhood candidate Mohamed Morsi, who in an inspiring stump speech before the students of Cairo University the other night told them, “Death in the name of Allah is our goal.” Like! In second place is the military’s man Ahmed Shafiq, Hosni Mubarak’s last prime minister and a man who in... --snip-- No one should...

Shareholders sue Facebook, NYSE comes calling By Jonathan Stempel and Dan Levine SAN FRANCISCO | Wed May 23, 2012 9:55pm EDT (Reuters) - The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies." The Nasdaq stock exchange also came under further pressure as a source close to the situation told Reuters that NYSE Euronext had opened discussions with Facebook about a potential stock listing there. Nasdaq also faces litigation from angry investors. Facebook's...

Mark Zuckerberg and leading Facebook investors cashed out millions of shares before the price dropped off a cliff, according to company filings. It was also revealed that a company executive issued a warning days before the Initial Public Offering that Facebook;s revenues are lower than expected, information that would have likely dropped the opening price of the stock. The new reports are already raising questions about whether top investors profited from the IPO at the expense of smaller buyers.

<p>NEW YORK—Facebook Inc. FB -6.57% shares fell below the initial public offering price of $38 Monday, its second day of trading, a black eye for all those involved with the social networking company going public.</p> <p>Facebook shares changed hands at $37.08, down 3%, in premarket trading.</p>

Got married to Pricilla Chan, from Braintree Ma, now living in Palo Alto Ca. Last night? Spent it with Obama. What are her likes? Obama. Guess who is nosing up the campaign money trail?

.Facebook Inc. FB +0.61%took eight years to stage one of the most anticipated initial public offerings ever. The anticlimax came Friday, as Wall Street bankers struggled to prevent the newly minted stock from ending its first day with a loss. The stock had been widely predicted to soar on its first day. Instead, up until the closing moments of the trading session, Facebook's underwriters battled to keep the stock from slipping below its offering price of $38 a share. Such a stumble would have been a significant embarrassment, particularly for a prominent new issue like Facebook, the most heavily traded...

Mark Zuckerberg’s $2 Billion Tax Bill By Robert Frank Buried in the registration statement of Facebook’s IPO was this startling line: “We expect that substantially all of the net proceeds Mr. Zuckerberg will receive upon such sale will be used to satisfy taxes that he will incur upon his exercise of an outstanding stock option to purchase 120,000,000 shares of our Class B common stock.” What that means, in dollar terms, is that Facebook founder Mark Zuckerberg may face a tax bill this year of more than $2 billion. The Financial Times puts the figure at $1.5 billion. But if...

An impending settlement with the Federal Trade Commission will require all new Facebook privacy settings to be opt-in rather than opt-out and sentences the social network to 20 years of scrutiny from government regulators.. The Wall Street Journal broke the news of the deal on Thursday afternoon in advance of the FTC's public announcement: The proposed settlement – which is awaiting final approval from the agency commissioners – would require Facebook to obtain "express affirmative consent" if Facebook makes "material retroactive changes," some of the people said. The agreement would require Facebook to submit to independent privacy audits for 20...

Facebook’s use of software that enables it to track users’ online activity after they log off of the social-networking site came under scrutiny in Washington this week, with lawmakers and consumer advocacy groups demanding a federal investigation. In a letter to the Federal Trade Commission, Reps. Edward J. Markey (D-Mass.) and Joe Barton (R-Tex.) wrote that Facebook’s use of “cookie” software should be investigated under the “unfair and deceptive acts” clause of the agency’s mandate. “When people log out of Facebook, they are under the expectation that Facebook is no longer monitoring their activities,” wrote the congressmen, who chair the...