Tag Archives: Mark Zuckerberg
Billie Joe Armstrong Of Green Day Performed At Mark Zuckerberg’s Wedding

Mark Zuckerberg has been constantly profiled by the media for the past 8 years, but The New York Times recently decided to focus on his new bride, Priscilla Chan. Chan and Zuckerberg have been dating for the past 9 years. Below are some interesting notes from the New York Times article.
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Facebook and Banks Being Sued Over IPO

Facebook Inc. (NASDAQ:FB) and banks that include Morgan Stanley are being sued by the shareholders that claimed the defendants weakened growth forecasts ahead of the $16 billion IPO. The defendants including Facebook CEO Mark Zuckerberg are being accused of concealing “a severe and pronounced reduction” in revenue growth forecasts, which resulted from increased use of its app through mobile devices. The lawsuit was filed in the U.S. District Court in Manhattan. In this case, shareholders are saying that research analysts at several underwriters lowered business forecasts for Facebook during the IPO process, but the changes were “selectively disclosed by defendants to certain preferred investors” instead of to the public.
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Mark Zuckerberg Gets Married One Day After IPO

Facebook CEO and co-founder Mark Zuckerberg has married his longtime girlfriend Priscilla Chan. Zuckerberg and Chan have been dating since they were attending Harvard University together around the same time TheFacebook.com was being created. Zuckerberg had officially became a billionaire
the day before when the company had an IPO.
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Mark Zuckerberg Listed A Company On NASDAQ

After ringing the NASDAQ bell, Facebook CEO Mark Zuckerberg updated his Timeline. He added “listed a company on NASDAQ” on his Facebook with Chris Cox, Dave Kling, David Ebersman, and Sheryl Sandberg. Facebook set their shares at $38 for the IPO. This makes Facebook worth $104 billion at opening. Mark Zuckerberg and his team pushed the opening bell for the NASDAQ from the company’s headquarters in Menlo Park.
Facebook To End IPO Orders Tomorrow

Facebook will stop taking orders for their IPO tomorrow, which is two days ahead of schedule. Facebook will likely stop taking orders for the IPO after the U.S. markets close on May 15th said a source with Bloomberg. Facebook is offering 337.4 million shares at $28 to $35 per share.
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Mark Zuckerberg’s Lawyers Watched From Afar As Instagram Deal Was Being Negotiated

When Mark Zuckerberg decided that he wanted to buy Instagram, he had Instagram CEO Kevin Systrom come to his $7 million Palo Alto home to negotiate. Lawyers and bankers were not consulted during the deal, but they were present and were watching from afar. The New York Times wrote a riveting article today about how Facebook turned down an offer from Yahoo! and continue to grow.
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WATCH: Wedbush Securities Analyst Michael Pachter Not Happy About Zuckerberg’s Hoodie

Wedbush Securities Michael Pachter was interviewed by Bloomberg West today about his thoughts on Facebook and Mark Zuckerberg. Pachter criticized Zuckerberg for not showing investors respect by wearing a hoodie during a roadshow. Pachter also said that he does not think Zuckerberg would be fit for running a major company and answering to shareholders.
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Paul Ceglia Has Two Weeks To Pay Facebook Lawyers

Paul Ceglia filed a lawsuit against Facebook in July 2010 claiming that he owned 84% of the social network. After almost two years of going back-and-forth in court, Ceglia has been ordered to pay Facebook’s lawyers another $16,851 bringing his total sanctions to $97,617.70. He was previously ordered to pay Facebook’s lawyers $75,766.70 and $5,000 to the court. Ceglia has two weeks to pay the sanctions or show U.S. Magistrate Judge Leslie Foschio why he cannot pay by showing bank accounts, tax returns, and other financial documents. His failure to comply may also result in the lawsuit’s dismissal, which is what Facebook is hoping for.
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Steve Jobs Inspired Facebook To Add Organ Donor Information To Timeline

During a dinner conversation between Facebook CEO Mark Zuckerberg and his girlfriend Priscilla Chan, he came up with the idea of allowing people to note whether they are an organ donor on their Timeline. Right now there is a critical shortage of organs for patients that are in need of life-saving transplants. Zuckerberg’s friendship with the late Apple CEO Steve Jobs inspired him to integrate this feature into Facebook. Jobs’ life was extended several years after a liver transplant.
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Facebook Announcing New Tool That Will Save Lives Tomorrow

Facebook co-founder Mark Zuckerberg and COO Sheryl Sandberg have conducted interviews with ABC News that will air tomorrow. In the interview, Zuckerberg and Sandberg revealed a new tool that will help save lives through Facebook. ABC News’ Robin Roberts and Diane Sawyer conducted the interviews. Mark Zuckerberg will appear on “Good Morning America” on Tuesday where he gives Robin Roberts a first look at the Facebook tool. On “World News With Diane Sawyer,” Sheryl Sandberg sits down for an exclusive interview to discuss personal stories that led to this new initiative. Portions of both interviews will appear on “Nightline” and Yahoo! “Newsmakers.”