Facebook Inc.’s governance structure resembles a dictatorship, requiring investors to surrender rights to founder Mark Zuckerberg, according to Gamco Investors Inc.’s Larry Haverty.
Larry Haverty, portfolio manager at Gamco Investors Inc., talks about a possible initial public offering by Facebook Inc. and the outlook for the world's largest social-networking service.
NBC Universal Chief Executive Officer Jeffrey Zucker will step down once Comcast Corp. completes its takeover of the company as the new owners move to reshape management.
Google Inc. shares fell the most since December 2008 after a first-quarter hiring binge and increased marketing led to the biggest jump in operating expenses in three years.
Yahoo! Inc. took too long to disclose an ownership change in its Asian assets that caused a 13 percent slump in the company’s stock, investors said.
News Corp. , owner of the Twentieth Century Fox film studio, said fiscal fourth-quarter operating income will fall from a year earlier on flagging performances by the film division and the Fox broadcast network.
Mark Zuckerberg is pulling off a feat bigger than becoming the world’s richest 20-something: thriving in the cyber age even before “friending” the most populous nation and biggest Internet market.
"Internet stocks, Chinese or otherwise, are inherently more volatile than the market."
- Larry Haverty on Aug 22, 2014
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