News tagged with initial public offerings

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Zuckerberg's Facebook story is study in contrasts

(AP) -- When Hollywood set out to tell the story of how Mark Zuckerberg launched Facebook, it enjoyed the flexibility of portraying a man who, despite his social network's worldwide reach, was all but unknown ...

May 16, 2012
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Saverin dumps US citizenship ahead of Facebook IPO

(AP) -- Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship, a move expected to save him hundreds of millions of dollars in taxes stemming from the company's impending initial public offering.

May 15, 2012
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Facebook IPO to bring cash and change

Facebook makes its hotly anticipated stock market debut this week in a history-making move promising wealth for insiders and change for users of the online social network.

May 15, 2012
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Poll: Half of Americans call Facebook a fad

(AP) -- Half of Americans think Facebook is a passing fad, according to the results of a new Associated Press-CNBC poll. And, in the run-up to the social network's initial public offering of stock, half of ...

May 15, 2012
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Facebook updates data use policy to give more info

(AP) -- Facebook is updating its data use policy in an attempt to give users more clarity on how the information they share is used by the company. The move comes a week ahead of its expected initial public offering of stock.

May 11, 2012
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