Twitter Inc said on Wednesday it is opening up its platform to third-party advertising management software, taking another step to establish its ad-based business model ahead of an initial p... Read more
BlackRock, the world’s largest asset management company, has taken an $80 million stake in Twitter Inc, a person with knowledge of the deal said Friday. The six-year old social media c... Read more
Joe Lockhart, Facebook Inc’s head of global communications and a former press secretary for President Bill Clinton, is leaving the social networking company, Facebook said. Lockhart, w... Read more
Social media companies, once hailed by their Silicon Valley boosters as world-changing businesses with limitless potential, are instead proving a sobering reminder of how investors can be se... Read more
Facebook Inc has begun showing ads on Zynga Inc’s website, the first time the company has distributed ads beyond the borders of its own website and raising the possibility that Faceboo... Read more
Cloud security provider Qualys Inc filed with U.S. regulators to raise up to $100 million in an initial public offering of its common stock. The company, which provides a cloud computing bas... Read more
Morgan Stanley, the lead investment bank in Facebook’s troubled initial public offering, will compensate retail investors who overpaid when they bought stock in the social network site... Read more
Facebook Inc and banks including Morgan Stanley were sued by the social networking leader’s shareholders, who claimed the defendants hid Facebook’s weakened growth forecasts ahea... Read more
U2 frontman Bono has laughed off claims he will become a billionaire on the back of the Facebook flotation that netted co-creator Mark Zuckerberg more than a billion US dollars. The rock sta... Read more
After Zuckerberg talks, Facebook gains $6.8 billion
Facebook Inc CEO Mark Zuckerberg might need to talk more often. A 30-minute appearance at a technology industry conference earlier this week has translated into $6.785 billion in additional... Read more