Wall Street enjoyed a broad-based rally on Friday as two key stock indexes rose to the highest levels since before the Great Recession, propelled by better-than-expected employment data released earlier in the day. The strong …
The U.S. labor market continued to add new jobs in January, pushing the unemployment rate to the lowest level in nearly three years, in a sign that the economy is recovering from the worst recession in decades. The Bureau of …
It’s good to be friends with Facebook. Zynga, the online video game company, saw its stock soar nearly 20% Thursday after Facebook disclosed that it made 12% of its revenue off the company last year. The social networking giant, …
Facebook’s initial public offering later this spring will create a billion-dollar windfall for its founders and early investors, so it’s easy to be cynical and view the IPO as another example of insiders cashing in on the latest …
Social networking giant Facebook filed IPO documents with the Securities and Exchange Commission on Wednesday. Although the company said it aims to raise $5 billion, that number could rise as high as $10 billion, depending on …
Facebook’s S-1 IPO filling with the Securities and Exchange Commission is the first step toward becoming a public company — and the first time that public market investors have been able to scrutinize the company’s books. …
Social networking giant Facebook filed IPO documents with the Securities and Exchange Commission on Wednesday. Here is CEO Mark Zuckerberg’s letter to prospective shareholders.
After months of increasingly frenzied speculation, social networking juggernaut Facebook filed IPO registration documents Wednesday with the Securities and Exchange Commission. Although the company said it aims $5 billion, that number could rise as high as $10 billion, depending on investor demand. Facebook’s public debut, which caps a …
Online e-commerce giant Amazon continues to grow rapidly, but the company’s increasing expenses are taking a bite out of its profit. On Tuesday, the company reported fourth-quarter earnings results that missed Wall Street …
Social networking giant Facebook is expected to file documents for its long-awaited initial public offering on Wednesday morning, according to a new report by International Financing Review, a Thomson Reuters publication. IFR …
Andreessen Horowitz, the venture capital firm run by Netscape co-founder Marc Andreessen and his partner Ben Horowitz, is fast becoming one of the most influential forces in Silicon Valley. On Tuesday, the firm announced that it …
As Facebook prepares to file its IPO documents with the U.S. Securities and Exchange Commission — as soon as Wednesday, according to recent reports — the company is trying to make the argument that it adds more to the economy …
