Tag: facebook shares

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Zuckerberg Denies Getting Tax Benefits From New LLC

When Facebook founder Mark Zuckerberg and his wife Priscilla Chan announced earlier this week they were giving 99% of their Facebook shares to a new charitable organization they had set up, the public reaction was surprisingly mixed. While many people […]

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Facebook Shares Jump 23% After 32% Rise In Q3 Revenues

The world’s largest social networking site Facebook Inc (NASDAQ:FB) reported a 32 percent increase in the third quarter revenues, beating Wall Street expectations. It shows that the company can make good money in mobile advertising. Facebook generated $150 million from […]

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Dustin Moskovitz: Facebook Co-Founder Reduces His Stake

Facebook Inc (NASDAQ:FB) co-founder, Dustin Moskovitz sold 450,000 shares within three days, each day offloading 150,000 shares of his stake in the world’s social networking giant. This has reduced his ownership in class A shares of a company that he […]