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Peter Thiel has dumped most of his Facebook shares, and other startups are delaying their public filings, reports CNBC's Julia Boorstin.
The fact that billionaire investor Peter Thiel sold the majority of his stake in Facebook shouldn’t worry investors, but the social network’s mobile problem certainly should, BTI Richard Greenfield told CNBC's “Squawk on the Street” Tuesday.
Early investor and current Facebook director Peter Thiel has unloaded a majority of his stake in the social network. Michael Pachter, Wedbush Securities, explains what this means to investors.
Facebook early investor Peter Thiel has sold more than 90 percent of his original stake in the company. Rich Greenfield, BTIG analyst, offers insight and explains his concerns over Facebook's growth trajectory..
Mohamed El-Erian, CEO and co-CIO at PIMCO, says Paul Ryan's definition of "misguided policies" are different than his own. He also offers insight on Peter Thiel's sale of Facebook stock.
Once hailed as the most valuable technology company to hit Wall Street, Facebook is now worth just over half what it was three months ago, with shares closing at $20.01 Monday. Wall Street analysts are openly wondering whether its chief executive, Mark Zuckerberg, has the business skills to deliver on his promises, the New York Times reports.
Early investor Peter Thiel has sold nearly all of his Facebook shares, as part of a selling plan he adopted before the company's IPO on May 18.
Billionaire investor Peter Thiel has unloaded the majority of his remaining Facebook shares, according to a filing with the Securities and Exchange Commission.
Check out which companies are making headlines after the bell Monday:
Stocks eased off their worst levels to end mostly flat in another thin session Monday, but still remained around four-year highs, lifted by gains in techs.
It would be epic if Apple found a way to monetize mobile device engagement even more than it already does. If I compete with Amazon.com, I form a consortium of a handful of retailers and get on the phone with Apple.
Especially since Mitt Romney’s résumé became presidential campaign fodder, there has been much debate about the merits of private equity, which is known for its focus on short-term gains. The New York Times reports.
In three months, Facebook has underperformed all other stocks on the three major indexes and lost $50 billion in market cap.
Facebook founder Mark Zuckerberg's reported staff meetings to boost morale reminded us of the important role that public markets play in today's complex global economy.
A day after the expiration of Facebook’s initial lock-up period, one analyst said the stock is “very close to being extremely attractive” despite plunging roughly 50 percent since its IPO.
For 25 years, the high-tech companies of Silicon Valley have been using Bon Appétit Food Management to serve healthy, and free, food right on the job.
A closer look at Facebook shares following yesterday's unlocking, with Rick Summer, Morningstar.
Facebook shares closed down more than 6 percent Thursday as the lockup expired on 271 million shares. Volume spiked, with over a hundred million shares exchanged hands by mid-day. That’s up over 160 percent from the ten-day average.
Accel Partners, one of the earliest investors in Facebook, has unloaded 50 million shares of the now-public social network on its own investors, according to people briefed on the matter.
Stocks had their best session in nearly two weeks Thursday after German Chancellor Angela Merkel reiterated her support for the ECB's plans to fight the euro zone crisis and Dow component Cisco Systems hiked its dividend 75 percent.