Social media companies, once hailed by their Silicon Valley boosters as world-changing businesses with limitless potential, are instead proving a sobering reminder of how investors can be se... Read more
Investors wiped $10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile inv... Read more
Facebook Inc has begun showing ads on Zynga Inc’s website, the first time the company has distributed ads beyond the borders of its own website and raising the possibility that Faceboo... Read more
Facebook Inc and banks including Morgan Stanley were sued by the social networking leader’s shareholders, who claimed the defendants hid Facebook’s weakened growth forecasts ahea... Read more
Facebook Inc increased the price range on its initial public offering an average of 14 percent to raise more than $12 billion, giving the world’s No. 1 social network a valuation poten... Read more
Facebook Inc, which runs the world’s largest social networking website, won a court ruling on Friday rejecting a bid by thousands of advertisers to sue the company as a group for overc... Read more
Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with... Read more
