The day before Twitter Inc. disclosed that it has filed papers for an initial public offering, Facebook Inc. Chief Executive Mark Zuckerberg was asked what advice he would give to the microblogging site about going public.
Facebook CEO Mark Zuckerberg didn't really want to take his company public last year, but he has changed his mind now that the Internet social network's stock is steadily rising.
Twitter is moving deeper into mobile advertising with the purchase of MoPub, a startup focusing on mobile ad exchanges.
The number two executive at social networking giant Facebook, Sheryl Sandberg, has sold $91 million of the company's stock, according to US securities filings.
Facebook's stock has closed above its IPO price for the first time since the online social networking leader made its debut on Wall Street more than 14 months ago.
Facebook's stock price has passed its $38 IPO price for the first time since its rocky initial public offering more than a year ago.
Facebook shares on Tuesday nearly climbed their way back to the $38 mark from which they plunged after a dismal debut in the stock market last year.
The billion-dollar sale of navigation company Waze to Google may finally be putting Israel on the map as a major player in consumer Internet innovation.
Struggling Web game maker Zynga gave new CEO Don Mattrick a $5 million signing bonus and stock awards valued at $40 million to lure him away from his previous job overseeing Microsoft Corp.'s Xbox console for video games.
The Winklevoss twin brothers, famous for their feud with Mark Zuckerberg over Facebook, told US regulators that they want to raise $20 million for an eponymous bitcoin trust.