Zuckerberg is co-founder and chief executive officer of Facebook, the world's largest social-media site. Started in 2004, the site has more than 900 million monthly users and generated more than $3.7 billion in revenue in 2011. The company sold shares in an initial public offering May 17, 2012—the biggest technology IPO in history.
Paul Ceglia, the man who claims he’s entitled to half of Facebook Inc., lost a bid to throw out charges he faked a contract, destroyed evidence and created phony e-mails in a suit against the company’s founder, Mark Zuckerberg.
Facebook Inc.’s purchase of WhatsApp Inc. may be an unfair trade practice because users of the messaging service had an expectation that their data wouldn’t be collected for advertising purposes, two privacy groups said in a complaint filed with the Federal Trade Commission.
Mobile World Congress, like any trade show, is an annual exhibition of one-upsmanship. Last week's conference in Barcelona was no exception, but it wasn't all about fingerprint sensors and 4K cameras. Many companies were competing on which smartphone could leave the most features out.
Facebook Inc. investors who pushed the company’s shares to a record after it unveiled the $19 billion deal for WhatsApp Inc. would be well served to remember -- every Internet takeover of more than $10 billion has flopped.
Tesla Motors Inc., propelled by praise from Consumer Reports and plans to build a better battery and expand in Asia, has cemented its place as the highest-flying automobile stock in at least two decades.