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BUSINESS
November 20, 2013 | By Jessica Guynn
SAN FRANCISCO -- Facebook Chief Executive Mark Zuckerberg is bringing young undocumented immigrants with engineering chops to Silicon Valley to "hack" immigration reform. Twenty young immigrants who came to the U.S. illegally as children are taking part in a "DREAMer Hackathon" on Wednesday at LinkedIn's Mountain View, Calif., headquarters. The young coders will break into small groups to build technology during the marathon programming session to push Congress to pass immigration reform.
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BUSINESS
April 23, 2014 | By Andrea Chang
Facebook crushed expectations with its first-quarter financial results. The world's biggest social network reported profit of $642 million for the three months ended March 31, nearly three times its profit of $219 million in the year-earlier period. Revenue was up 72%, to $2.5 billion. Excluding one-time items, Facebook's profit was $885 million, or 34 cents a share, compared with $312 million, or 12 cents, in the year-earlier period. Analysts had expected earnings per share of 24 cents on revenue of $2.36 billion, according to Thomson Reuters.
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BUSINESS
April 11, 2013 | By Jessica Guynn
SAN FRANCISCO -- Joe Green, Mark Zuckerberg's Harvard roommate, is famous for having turned down an offer to move to Silicon Valley to join Facebook. Instead Green finished his college degree and worked for 2004 Democratic presidential nominee John Kerry, missing out on a once-in-a-lifetime payday. Now he's reuniting with his college pal on a project that straddles two worlds for which he has great affinity: technology and politics. Green, 29, is the founder and president of Fwd.us., a new political advocacy group funded by Zuckerberg and other prominent Silicon Valley executives to press for immigration reform and other technology industry causes.
ENTERTAINMENT
April 14, 2014 | By Oliver Gettell
After the success of "The Social Network," David Fincher's drama about Mark Zuckerberg and the founding of Facebook, the director emerged as the front-runner to bring the story of another tech giant to the big screen: Apple founder Steve Jobs. Now the Hollywood Reporter says Sony Pictures is looking to replace Fincher at the helm of its highly anticipated Jobs biopic, based on Walter Isaacson's bestselling biography "Steve Jobs" with a script by "Social Network" scribe Aaron Sorkin.
NEWS
February 19, 2014 | By Amy Hubbard
Say Mark Zuckerberg decided to cash out of Facebook today and move to a desert island. He could take $11.9 billion with him. That was the Facebook CEO's net appreciation on company stock holdings in 2013. (With those kinds of stock gains, that $992.2-million donation to charity last year is a little easier to comprehend.) One other tech executive saw even greater stock gains. Check out all the billions in the chart below. You will find more statistics at Statista For richer or poorer, follow me at @AmyTheHub
BUSINESS
December 20, 2013 | By Salvador Rodriguez
Mark Zuckerberg this month is donating nearly $1 billion worth of Facebook stock to a Silicon Valley charity as part of a pledge he's taken to devote half of his wealth to philanthropy. In total, Zuckerberg is donating 18 million shares to the Silicon Valley Community Foundation, which gives grants to other nonprofit organizations in the region that work in areas ranging from education to the environment. Based on the current price of Facebook's stock, the donation is worth about $985 million.
BUSINESS
May 18, 2012 | By Michelle Maltais, This post has been updated, as indicated below.
What do you do when you've just rung the Nasdaq bell at the opening of trading on the day your stock is listed? If you're Mark Zuckerberg, you update your Facebook page, of course. Who else, really, could post this one: "Mark Zuckerberg just listed a company on NASDAQ. " And he tagged five others with him -- Chris Cox, Cipora Herman, Dave Kling, David Ebersman and Sheryl Sandberg. It hit right as he was marking the open of trading. And he's already received 300 likes and 22 comments on his " recent activity . " PHOTOS: Facebook shares make their stock market debut [ Updated, 8:50 a.m. May 18: Amid the ovations and congratulations, there was also some speculation about what might have been for Zuckerberg if Facebook had never been.
BUSINESS
August 3, 2012 | By Ryan Faughnder
Facebook's Mark Zuckerberg, who owns 503.6 million shares of the world's largest social network, has lost about $9 billion since the company went public in May. The 28-year-old co-founder has seen the value of his company fall by nearly half since its initial public offering at $38 per share.  On Thursday alone, his fortune fell by $423 million when the stock price reached a new low of $20.04. Photos:  Facebook and Mark Zuckerberg At market close Thursday, Zuckerberg was worth $10.2 billion, according to the Bloomberg Billionaires Index.
NEWS
May 30, 2012 | By Mary Forgione, Los Angeles Times Daily Travel & Deal blogger
The plunging price of Facebook stock aside, Mark Zuckerberg seems to have become ensnared in a kerfuffle over his apparent decision not to leave a tip on a meal during his honeymoon in Rome. The online Telegraph newspaper reports the Facebook tycoon failed to leave a tip after spending about $40 on fried pumpkin flowers and sea bass-stuffed ravioli at Nonna Betta in the Italian capital's historic Jewish quarter. What he ate isn't important, but what he should have known about tipping etiquette is. Travel outfitter Magellan's says 10% above the service charge is appropriate throughout Italy . Conde Nast Traveler 's tipping guide says leave as close to 10% as possible, no more than that, when in Italy.
BUSINESS
May 29, 2012 | By Salvador Rodriguez
Facebook's foreign co-founder, Eduardo Saverin, finally addressed publicly the rift between himself and Facebook Chief Executive Mark Zuckerberg, saying there were "no hard feelings" between the two. Saverin, 30, one of the social network giant's original four founders, spoke of his relationship with Zuckerberg, how it was portrayed by Hollywood, his recent decision to give up his U.S. citizenship and his current work in Singapore in a cover story...
NEWS
March 31, 2014 | By Chris Feliciano Arnold, guest blogger
When Mark Zuckerberg describes his company's $2-billion purchase of Oculus VR, makers of the Oculus Rift virtual reality headset, he sounds like a cross between a Zen master and a grandpa encouraging us whippersnappers to spend more time outside. “By feeling truly present, you can share unbounded spaces and experiences with the people in your life,” the Facebook founder and CEO said in a post about the Oculus acquisition last week. “Imagine sharing not just moments with your friends online but entire experiences and adventures.” Yet for Facebook and Oculus, “experiences and adventures” mean deepening our gaze into their network, immersing ourselves in a sensation that will one day be so indistinguishable from reality that developers describe it as “presence,” an effect unique to the new medium, as magical as “live” television must once have seemed.
BUSINESS
March 25, 2014 | By Jessica Guynn
SAN FRANCISCO - A tiny Irvine company founded by a 21-year-old Cal State Long Beach drop-out may play a leading role in Facebook's next major bet on the future of the Internet: that virtual reality will change the way people experience the Web. Facebook said Tuesday that it was buying Oculus VR, maker of virtual reality headsets for video game players, for $2 billion. The ultimate goal of the acquisition, the giant social network said, is to create an immersive 3-D experience in which users don't just chat online with friends but grab a cup of coffee with them in a virtual cafe or travel with them to distant places, just by putting on a pair of goggles with dark lenses.
BUSINESS
March 8, 2014 | By Jessica Guynn
SAN FRANCISCO -- Facebook is bringing back F8, its conference for software developers in a bid to get them to create more and better mobile apps for the giant social network. The conference will be held April 30 in San Francisco, Ilya Sukhar, Parse chief executive and Facebook product manager, announced at SXSW on Saturday. F8 will return to its roots by focusing on technical content for mobile and Web developers, not on major announcements for Facebook users, Facebook said. The conference will feature hands-on workshops and technical sessions for about 1,500 developers to learn how to create, grow and make money from apps, the company said.
BUSINESS
February 25, 2014 | By Jessica Guynn
SAN FRANCISCO -- Facebook is in talks with two gun control groups that are pressuring the giant social network to crack down on illegal gun sales and trades. "We are talking with a number of organizations around our policies on guns," a Facebook spokesman said. Facebook also noted that it's common for the company to engage with advocacy groups concerned about hate speech, bullying and other hot-button issues. Moms Demand Action for Gun Sense in America and Mayors Against Illegal Guns, the group backed by former New York Mayor Michael Bloomberg, have stepped up their demands after recent gun arrests were tied to sales of guns facilitated through Facebook.
BUSINESS
February 24, 2014 | By Jessica Guynn
SAN FRANCISCO -- The hottest ticket at the Mobile World Congress in Barcelona, Spain: Mobile king Mark Zuckerberg. The Facebook chief executive, fresh off his empire-building move to buy popular mobile messaging company WhatsApp for $19 billion, took the stage at the largest mobile conference to talk up his vision for connecting billions more people. Top of mind for everyone there: The 450 million users who come with Zuckerberg's expensive acquisition of WhatsApp. Zuckerberg said Facebook bought WhatsApp because of a shared vision to connect the planet.
NEWS
February 19, 2014 | By Amy Hubbard
Say Mark Zuckerberg decided to cash out of Facebook today and move to a desert island. He could take $11.9 billion with him. That was the Facebook CEO's net appreciation on company stock holdings in 2013. (With those kinds of stock gains, that $992.2-million donation to charity last year is a little easier to comprehend.) One other tech executive saw even greater stock gains. Check out all the billions in the chart below. You will find more statistics at Statista For richer or poorer, follow me at @AmyTheHub
BUSINESS
September 12, 2013 | By Jessica Guynn
SAN FRANCISCO -- The running joke at the TechCrunch Disrupt conference was that the arctic temperature in the room was to keep Mark Zuckerberg from sweating up a storm on stage. The event organizers could have turned up the heat. Zuckerberg spoke rapid fire - - so much so that his interviewer Michael Arrington had trouble keeping up with his barreling train of thought - - but kept his cool, even when Arrington raised the sensitive subject of Facebook's botched initial public stock offering.
BUSINESS
May 7, 2012 | By Jessica Guynn
Mark Zuckerberg, the 27-year-old co-founder and chief executive of Facebook dressed in trademark hoodie and jeans, kicked off a cross-country roadshow to pitch his company's initial public stock offering. Hundreds of institutional investors stood in long lines Monday to pile into a ballroom at New York's Sheraton Hotel to hear the billion-dollar pitch from the 8-year-old social network ahead of the hotly anticipated IPO. The meeting was closed to the media. Facebook is building excitement for the IPO that in a few weeks could value the company at $96 billion or more.
BUSINESS
February 19, 2014 | By Jessica Guynn
SAN FRANCISCO -- Facebook has agreed to buy popular mobile messaging company WhatsApp for about $16 billion in cash and stock, the giant social network said Wednesday. WhatsApp's current owners would get $4 billion in cash and about $12 billion in Facebook shares. In addition, $3 billion in restricted stock units would be granted to WhatsApp's founders and employees. The stock units would vest over four years after the deal closes. If it goes through, the blockbuster deal would hand Facebook a mobile messaging service that is especially popular with young people.  More than 450 million people use the service each month.
BUSINESS
February 19, 2014 | Jessica Guynn
SAN FRANCISCO - Facebook Inc., making its biggest bet yet that its future is in mobile devices, stunned the technology world by announcing it would pay $19 billion in cash and stock for a smartphone messaging app. The giant social network is buying WhatsApp, a mobile messaging service that is immensely popular around the globe and has revolutionized how users - especially young people - communicate. With the app, users can send messages over the Internet rather than via wireless carriers that may charge for the service.
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