Brands will be able to relaunch their brand story on Facebook starting from day one.
After eight years, Mr.Zuckerberg, the co-founder and chief executive of Facebook, has an ironclad grip on the social networking giant. He owns 28.4 percent of all Class B shares, and through a chain of agreements with other shareholders, he has voting control over at least 57.1 percent of Class B shares. The N YT reports.
A group of private exchanges has popped up in recent years to accommodate a fast-growing trading market in the private shares of the Internet companies like Twitter and LinkedIn. Facebook has driven much of this growth, emerging as the most actively traded private company by a wide margin, the New York Times reports.