Mark Zuckerberg controls a majority of Facebook’s voting rights, and will continue to enjoy that control after it goes public, according to an unusual arrangement he struck with some key investors and colleagues among Facebook’s shareholders. A string of voting arrangements outlined
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Facebook filed for an initial public offering on Wednesdsay and included an updated report on the giant social network’s user and usage data. The company’s total number of active monthly users, which it defines as registered Facebook users who have logged in and visited the
Some would look at Google’s recent PR flub over privacy policies and settings as a bit of a fiasco. Microsoft, of course, sees it as an opportunity. This week, the software company is placing a series of advertisements in newspapers across the US to remind consumers that it
Facebook has filed its S-1 form with the US Securities and Exchange Commission (SEC), announcing its intention to go public. The stock ticker symbol will be FB. No starting price has yet been named, but Facebook did say in the filing it expects to raise
Facebook’s core values include a powerful, results-orientated, anti-theoretical philosophy called the “Hacker Way”, according to founder Mark Zuckerberg. “The Hacker Way is an approach to building that involves continuous improvement and iteration,” Zuckerberg writes
Amazon CEO Jeff Bezos is probably not a happy man today, with the company reporting disappointing fourth quarter 2011 earnings , including a dramatic 58% decline in net income. Many analysts were unsure where Amazon would stand this past quarter with the launch of the much-hyped US$199 Kindle Fire tablet
For months, Research in Motion (RIM), the Canadian maker of BlackBerry smartphones, has seemed incapable of getting anything right. Its PlayBook tablet went on sale without e-mail (unless attached to a BlackBerry). Its network was blacked out for days with scarcely a word from the company. It has
Remember the old joke about the dim tailor who makes a loss on each piece of clothing but hopes to make it up in volume? That describes the market for flat-panel screens for televisions. None of the companies that produce liquid crystal display (LCD) panels — Samsung and LG Display from South Korea
Most people running a business that could end up on the wrong end of a lawsuit would keep a low profile. Not Kim Dotcom. The boss of Megaupload, a popular website that let users store and share music, films and other content, Dotcom went out of
Apple has announced that John Browett, the now former CEO of UK-based Dixons Retail, will join the company as senior vice president of its retail division. “Our retail stores are all about customer service, and John shares that commitment like no one else we’ve met