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 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.
Facebook shareholders on Tuesday grilled leaders of the social network regarding how they planned to revive the company's stock and protect user privacy from snoops including US spy agencies.
German scientific, medical and technical publisher Springer Science + Business Media said Wednesday that it plans to go public via the issue of new shares.
The Nasdaq exchange agreed Wednesday to pay a $10 million penalty for trading glitches during the initial public offering for Facebook last year, officials said.
Facebook Inc. isn't the only social media company marking the anniversary of its public trading debut this week.
Facebook's flubbed initial public offering a year ago Saturday laid bare some important truths worth remembering even as major U.S. stock indexes score a string of all-time highs.