Search Results for: Mark Zuckerberg
India puts brakes on Facebook’s Free Basics scheme
December 28th, 2015
Facebook‘s effort to provide Indians with free access to a limited number of internet services has run into trouble. India’s telecoms regulator has asked the mobile network that partnered with the US firm to put their Free Basics offer ...
Facebook $22 Billion WhatsApp Deal Buys $10 Million in Sales
October 30th, 2014
The numbers are in for Facebook Inc.’s acquisition of mobile-messaging application WhatsApp Inc.: The social network paid $22 billion for a startup that generated $10.2 million in revenue last year. In a regulatory filing yesterday, Facebook disclosed WhatsApp’s financial ...
Facebook sues over ‘fraudulent lawsuit’
October 21st, 2014
Facebook is suing US law firms alleging they knowingly represented a fraudster who claimed to be owed Facebook shares, in a warning to other law firms representing anyone attempting to get a slice of Mark Zuckerberg’s fortune. The Silicon ...
Facebook beats Wall Street targets, stock hits record high
July 24th, 2014
Facebook Inc’s fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street’s financial targets and sending shares to a record-high in after-hours trading on Wednesday. The world’s No.1 Internet social ...
Google warning on Putin’s possible Internet censorship might prove right
April 30th, 2014
Google Inc. Chairman Eric Schmidt warned last year that Russia was “on the path” toward China’s model of Internet censorship. Vladimir Putin is proving him right. With Russia locked in the worst standoff with the U.S. since the Cold ...
Sheryl Sandberg slashes Facebook holdings
April 2nd, 2014
Sheryl Sandberg, Facebook’s number two executive, has shed more than half her stake in the social networking company since its initial public offering less than two years ago, according to an analysis of recent regulatory filings. The series of ...
Facebook May Be Listening In On Your Phone Conversations
June 2nd, 2016
*Calmly picks up cell phone. Walks over to window. Opens up window. Whispers into phone, “Go f*ck yourself, Zuckerberg.” Chucks phone out of window.* At one point, the concept of living in a “big brother”-esque society was something that only ...
