Search Results for: Facebook
Belgian watchdog takes Facebook to court over privacy concerns
June 16th, 2015
A privacy watchdog said Monday it is taking Facebook to court in Belgium for tracking Internet users, including those who are not members of the US social media network. Belgium’s privacy protection committee filed suit against Facebook in the ...
Google, Facebook at Center of EU Clash Over Cyber-Attack Law
June 8th, 2015
Google Inc. and Facebook Inc. are caught in the middle of a clash between European Union lawmakers on whether the U.S. technology giants should be covered by rules forcing companies to report cyber attacks to government agencies in the ...
Nasdaq to settle Facebook IPO lawsuit for $26.5 million
April 27th, 2015
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million (17.60 million pounds) to settle a class-action lawsuit involving its bungling of Facebook Inc’s $16 billion initial public offering, the plaintiffs’ lawyers said. ...
New Deloitte Report Looks at Facebook’s Impact on Global Economy, Jobs
January 20th, 2015
In a more open and connected world, it’s not just easier for friends and family to stay in touch. New economic opportunities are being created too. A new report by Deloitte, titled Facebook’s Global Economic Impact, analyzes how Facebook’s marketing, platform, ...
New Facebook Rules Will Sting Entrepreneurs
November 28th, 2014
Chrisy Bossie built a $100,000-a-year gemstone e-commerce business by sharing information about her products on her company’s Facebook page several times a week. “Steals in the Shop! I have a TON of new 36-inch-long necklaces, most priced at $15, available in ...
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 ...
How Facebook just blew a great quarter
October 29th, 2014
Investors are up by a huge amount from Facebook’s lows Even before Facebook (FB) investors could start celebrating a strong quarter of earnings growth, the company cooled off the party. During the conference call, the company’s Chief Financial Officer ...
Options investors see good times rolling for Facebook
October 24th, 2014
Facebook Inc (FB.O) investors used to wild swings in the company’s shares following its earnings reports are looking for relative calm on Tuesday, after the social media company posts results. Facebook, whose shares rose 3 percent to a new ...
Facebook pays no UK corporation tax for a second year
October 23rd, 2014
Facebook paid no UK corporation tax for the second year in a row in 2013, while employees received shares in the company worth tens of millions of pounds. The world’s largest social media company reported a pre-tax loss of ...
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 ...