MOSCOW— The founder of Russia's leading social media network— a wunderkind often described as Russia's Mark Zuckerberg— has left his post as CEO and fled the country as cronies of President Vladimir Putin have made steady inroads into the company's ownership.» Read More
Here in one of the richest corners of the country, the tech elite display an ambivalent, sometimes contradictory approach to wealth. Money is a measure of the power of the companies that entrepreneurs have built, rather than a thing to display.
By the time Facebook shares start trading at 11 am ET, many Facebook employees will be exhausted and ready to go to sleep. All through the night Facebook headquarters was hopping and packed with people.
Alexis Ohanian, entrepreneur and angel investor, explains why he is holding off buying shares of the social media giant.
Facebook isn't losing its commitment to its "Hacker" culture when it goes public — instead, it's celebrating it, with an all-night "Hackathon."
There’s been a lot of talk about Facebook’s valuation, but the real question behind that valuation, is how Facebook makes money and what its prospects are in the future.
As the social network’s COO, Sandberg runs its all-important advertising business, business development, and oversees hiring.
When Activision Blizzard’s long-awaited Diablo III went on sale at midnight, it had already broken sales records. Once players got their hands on the game, they also overloaded Activision Blizzard's servers.
CNBC's Kayla Tausche breaks down the numbers in a recent CNBC-AP poll which shows investors are leery about Facebook's management, growth prospects, and valuations. Also, Tom Stemberg, Highland Capital Partners, discusses investing in social offerings, emerging entrepreneurship, and finding the next Facebook.
With a little creative packaging and a lot of innovation, spirits manufacturers are expanding the market. Check out some of the most unusual ways businesses are innovating in the world of alcohol.
Throughout my father's life, and during our time working together at our company, Bananagrams, he taught me some very valuable lessons that can be applied in the business world today.
Investing in restaurants has a bad name. But plenty of people find ways to run restaurants profitably and make a good deal of money from the enterprise.
Small businesses have the advantage of being easier to reach, customer-centric, innovation-driven, and incredibly nimble, compared to larger competitors. There may be no better time to be a small business.
George Lucas, Lucasfilm chairman, offers insight on how to manage chaos. "It's not unlike a sporting event -- in terms of the dynamic of -- you have to win no matter what," he says.
Today Facebook brings its roadshow to the Crowne Plaza in Palo Alto, just a stone's throw from where Facebook was founded. This may not be the biggest event on the road show — New York was with about 660 people attending — but it's a crucial moment for Facebook to be evaluated on its home turf.
CNBC's Darren Rovell reports on the Players Championship beginning today in Florida with the prize valued at over $9 million. Phil Mickelson, 2012 World Golf Hall of Fame inductee and Tim Finchem, PGA Tour commissioner, offer insight.
Henry Blodget, Business Insider CEO & editor-in-chief, calls the Facebook IPO "muppet bait" on CNBC's "Squawk Box." Click here to find out exactly what he said.
Iger led off the earnings call with a heavy emphasis on international growth, China in particular. Iger says China is a "priority" and that the Shanghai resort, which is now under construction, will be very important for international growth.
All of Rupert Murdoch’s scandals and legal woes aren’t hurting the company’s performance.
Martin Sorrell, WPP CEO, says Facebook is one of the most important brand mechanisms. Will he buy Facebook stock? "I will buy it for my grand-kids," he tells CNBC's "Squawk Box."
Arthur Brooks, AEI president, discusses how to find the "right" tax rate. "Lower the rates; broaden the base; close the loopholes; don't tax investment," he says.
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