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Mark Zuckerberg

BUSINESS
December 20, 2013 | By Jessica Guynn
SAN FRANCISCO -- Facebook and two company insiders including Chief Executive Mark Zuckerberg have agreed to sell 70 million shares for $55.05 apiece. Zuckerberg, along with the Menlo Park, Calif., company and board member Marc Andreessen, said this week that they would offer 70 million shares of Class A stock in a follow-on sale. It is Facebook's first follow-on offering since its initial public offering in May 2012. The offering, which would raise $3.85 billion, comes as Facebook joins the Standard & Poor's 500 index.
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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
December 19, 2013 | By Jessica Guynn
SAN FRANCISCO - Facebook Chief Executive Mark Zuckerberg is offering more than 41 million shares of Facebook stock to the public as part of a follow-on offering worth about $3.9 billion. Zuckerberg along with the company and board member Marc Andreessen are offering 70 million shares of Class A stock in the follow-on sale. It is Facebook's first follow-on offering since its initial public offering in May 2012. Zuckerberg, who is selling the shares to help pay taxes, will buy Class B shares that have greater voting power, so he will maintain his control over Facebook.
BUSINESS
December 5, 2013 | By Salvador Rodriguez
Being the sister to the man who connected more than a billion people through Facebook can cause you to get overshadowed, and Randi Zuckerberg is getting a little tired of it.  Randi went on BBC's "Woman's Hour" radio program this week where she half joked that she is not just the sister to Mark Zuckerberg. "It must be awful, but do people always introduce you as Mark Zuckerberg's big sister?" "Woman's Hour" presenter Jane Garvey asked, to which Randi quickly replied "Yes. " PHOTOS: Top 10 ways to take advantage of the 'sharing economy' Randi then went on to explain that journalist Jeremy Paxman called her "Mark Zuckerberg's sister," but she mispronounced his name and called him "Jeremy Paxon.
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.
BUSINESS
October 18, 2013 | By Jessica Guynn
SAN FRANCISCO -- Mark Zuckerberg's immigration advocacy group Fwd.us is planning to hold a hackathon next month for young undocumented immigrants as it tries to refocus attention on immigration reform. Famous coders including the Facebook chief executive and Dropbox's Drew Houston will team with those who came to the U.S. as children, often referred to as "Dreamers," to build tools that address "the problems within our immigration system," according to Fwd.us President Joe Green.
BUSINESS
October 18, 2013 | By Jessica Guynn
SAN FRANCISCO -- Google can now sell ads on Facebook. The search giant announced on Friday that advertisers who buy ads across the Web through Google's DoubleClick service will soon be able to buy ads on Facebook's real-time ad bidding service FBX. The move signals a rare moment of cooperation between the two fierce competitors. DoubleClick allows advertisers to buy ads on dozens of ad exchanges. But when Facebook launched FBX in June 2012, it did not invite DoubleClick to take part.
BUSINESS
October 4, 2013 | By Michael Hiltzik
As we observed more than a year ago in relation to Facebook's initial public offering, entrepreneurs distinguish between venture investors and stock market investors this way: "Venture money is expensive money, but it's smart money. Stock market money is cheap money, but it's dumb money. " Twitter, which on Thursday announced plans for a $1-billion IPO, looks to be especially vulnerable to second-guessing by all that dumb money it's inviting into the Tweetyverse. As its registration statement reveals , the company isn't yet profitable.
BUSINESS
September 18, 2013 | By Jessica Guynn
SAN FRANCISCO -- Mark Zuckerberg is in Washington, his first time there in three years, to make the case for immigration reform. After meeting with lawmakers on Capitol Hill, the Facebook chief executive was interviewed onstage for about an hour at the Newseum by James Bennet, editor in chief of The Atlantic. "The purpose of this trip is largely for immigration and not for Facebook," Zuckerberg said. With the launch of its political advocacy group Fwd.us, Zuckerberg has assumed a much larger role in national politics.
BUSINESS
September 12, 2013 | By Andrea Chang
Twitter has filed for an initial public offering of stock, months earlier than expected. The 7-year-old microblogging site announced the news -- via tweet, of course -- on Thursday afternoon: "We've confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale. " A minute later, Twitter followed up its IPO tweet with a new message: "Now, back to work" along with a photo of employees in the company's San Francisco offices.
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